Monetary Meth Coming Soon-Gerald Celente
By Greg Hunter On January 27, 2016 In Political Analysis
By Greg Hunter’s USAWatchdog.com
Top trends forecaster Gerald Celente says the global economy is tanking, but don’t expect central banks to go down without a fight. Celente explains, “So, what happens? The markets are going down, and you hear from people like Ray Dalio (hedge fund manager) from Bridgewater Associates saying that the Federal Reserve needs to consider quantitative easing again and more stimulus. All of a sudden, the markets go up because, what happens, Mario Draghi, former head of the Goldman Sachs gang in Europe. . . . . Now, of course, he’s the head of the European Central Bank (ECB). Davos, Dalio, Draghi, three D’s man. Draghi gave these money junkies over there some monetary meth. All of a sudden, Draghi comes out and promises more stimulus on the horizon, folks. Whether it’s the Fed, ECB, China or the Bank of Japan talking about it again—more stimulus. All they are doing is keeping this money junkie, this Ponzi that is addicted to cheap money, alive. At some point, as we saw, it’s crashing and they keep coming up and give it more life.”
Celente predicts, “It’s a global recession and it’s already on. What they could do to prop up the stock markets, I don’t know, but our forecast is they won’t be able to. It’s also very important to understand that the people will not blame Obama for the declining economy. They are not tuned in enough, and they have been pushed down to I don’t care and I don’t believe in hope and change anymore. It will be neutral as to the party preference.”
On the upcoming 2016 election, Celente says, Conservatives aren’t conservative anymore and liberals aren’t liberals anymore. . . . How about ‘High Crimes and Misdemeanors’? Six banks were convicted of felonies for rigging the LIBOR interest rate and rigging the FOREX or currency markets, which is a $5.3 trillion a day market. Not one head rolled. . . . This is what you call a neo-feudal society. The rich get a slap on the wrist, and we get a whack on the head for committing the most minor crimes because we have to obey the law. . . . We see it as Trump and Clinton, at this point, and Trump is not going to get the woman vote. At this point, I think Clinton can beat Trump.”
On the subject of the stability of the banks, Celente says, “The only money I keep in a bank is money to run our business because here is the deal. If there is a terrorist strike, false flag or real, there will be a bank holiday and . . . bail-ins. The global banking system is in a bear market. China . . . Japan . . . . France, bear market . . . UK is in a bear market. We are told everything is going to be okay. I wouldn’t put my money in the banks, and I’ll tell you why. (They’ll say) We got your money and we’ll give it back if and when we want to. Look what happened in Greece. Look what happened in Cyprus. Look what’s going on as the emerging market currencies are collapsing. Look at commodity prices collapsing. Put your money in the bank? Knock yourself out. Speaking for myself, why should I put it in a bank? They give me nothing back, and now they are even talking about negative interest rates. . . . They will charge you to keep it there.”
Join Greg Hunter as he goes One-on-One with Gerald Celente, Publisher of the Trends Journal
.http://usawatchdog.com/monetary-meth-coming-soon-gerald-celente/
By Greg Hunter On January 27, 2016 In Political Analysis
By Greg Hunter’s USAWatchdog.com
Top trends forecaster Gerald Celente says the global economy is tanking, but don’t expect central banks to go down without a fight. Celente explains, “So, what happens? The markets are going down, and you hear from people like Ray Dalio (hedge fund manager) from Bridgewater Associates saying that the Federal Reserve needs to consider quantitative easing again and more stimulus. All of a sudden, the markets go up because, what happens, Mario Draghi, former head of the Goldman Sachs gang in Europe. . . . . Now, of course, he’s the head of the European Central Bank (ECB). Davos, Dalio, Draghi, three D’s man. Draghi gave these money junkies over there some monetary meth. All of a sudden, Draghi comes out and promises more stimulus on the horizon, folks. Whether it’s the Fed, ECB, China or the Bank of Japan talking about it again—more stimulus. All they are doing is keeping this money junkie, this Ponzi that is addicted to cheap money, alive. At some point, as we saw, it’s crashing and they keep coming up and give it more life.”
Celente predicts, “It’s a global recession and it’s already on. What they could do to prop up the stock markets, I don’t know, but our forecast is they won’t be able to. It’s also very important to understand that the people will not blame Obama for the declining economy. They are not tuned in enough, and they have been pushed down to I don’t care and I don’t believe in hope and change anymore. It will be neutral as to the party preference.”
On the upcoming 2016 election, Celente says, Conservatives aren’t conservative anymore and liberals aren’t liberals anymore. . . . How about ‘High Crimes and Misdemeanors’? Six banks were convicted of felonies for rigging the LIBOR interest rate and rigging the FOREX or currency markets, which is a $5.3 trillion a day market. Not one head rolled. . . . This is what you call a neo-feudal society. The rich get a slap on the wrist, and we get a whack on the head for committing the most minor crimes because we have to obey the law. . . . We see it as Trump and Clinton, at this point, and Trump is not going to get the woman vote. At this point, I think Clinton can beat Trump.”
On the subject of the stability of the banks, Celente says, “The only money I keep in a bank is money to run our business because here is the deal. If there is a terrorist strike, false flag or real, there will be a bank holiday and . . . bail-ins. The global banking system is in a bear market. China . . . Japan . . . . France, bear market . . . UK is in a bear market. We are told everything is going to be okay. I wouldn’t put my money in the banks, and I’ll tell you why. (They’ll say) We got your money and we’ll give it back if and when we want to. Look what happened in Greece. Look what happened in Cyprus. Look what’s going on as the emerging market currencies are collapsing. Look at commodity prices collapsing. Put your money in the bank? Knock yourself out. Speaking for myself, why should I put it in a bank? They give me nothing back, and now they are even talking about negative interest rates. . . . They will charge you to keep it there.”
Join Greg Hunter as he goes One-on-One with Gerald Celente, Publisher of the Trends Journal
.http://usawatchdog.com/monetary-meth-coming-soon-gerald-celente/
Today at 6:53 am by Rocky
» MM&C The Iraqi Private Banks Association told NEWS: These are the results of the Prime Minister’s me
Today at 6:52 am by Rocky
» After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and A
Today at 6:51 am by Rocky
» Deputy: The general amnesty law will be passed
Today at 6:46 am by Rocky
» A change in the fuel smuggling map... “control” over the central ports and “laxity” in the north
Today at 6:43 am by Rocky
» Al-Sudani takes three urgent decisions to block the wheat mafias in Iraq
Today at 6:41 am by Rocky
» Electricity embarks on an 11-axis plan to develop the energy sector
Today at 6:39 am by Rocky
» “Thug and smuggler.” A female representative talks about a crocodile in Parliament blackmailing exec
Today at 6:37 am by Rocky
» Al-Sudani told the US State Department: Iraq is keen to strengthen its democratic system
Today at 6:36 am by Rocky
» The Central Bank sells more than $275 million at auction today
Today at 6:34 am by Rocky
» The Minister of Commerce stresses the observance of the Iraqi standard in the supply of goods
Today at 6:33 am by Rocky
» The Iraqi Trade Bank announces its participation in the process of localizing the salaries of Kurdis
Today at 6:32 am by Rocky
» Iraq adopts an advanced system to combat money laundering and terrorist financing
Today at 5:25 am by Rocky
» Increase in Euphrates River levels due to Turkish water releases
Today at 5:22 am by Rocky
» Demands the need to legislate the capital law
Today at 5:21 am by Rocky
» Parliament decided to extend the legislative term by one month
Today at 5:20 am by Rocky
» A bank participating in the process of localizing the salaries of employees in the region
Today at 5:18 am by Rocky
» Parliamentary request to the Ministry of Finance regarding defense mobilization dues/document
Today at 5:17 am by Rocky
» Dollar prices in Baghdad and Kurdistan today
Today at 5:16 am by Rocky
» Al-Rasheed decides to increase the ceiling for granting “construction” loans to 75 million dinars
Today at 5:14 am by Rocky
» A government plan to expand the construction of water harvesting dams
Today at 5:12 am by Rocky
» Frozen or banned? An Iranian official reveals the fate of Tehran’s money in Baghdad
Today at 5:11 am by Rocky
» The Iraqi Trade Bank participates in the process of localizing the salaries of Kurdistan Region empl
Today at 5:10 am by Rocky
» Finance confirms the Iraqi government's desire to benefit from the expertise of French companies
Today at 5:09 am by Rocky
» After targeting its branch in Kurdistan... Dana Gas announces a decrease in its profits to $38 milli
Today at 5:08 am by Rocky
» A parliamentary understanding to extend the legislative term to approve the 2024 budget schedules
Today at 5:08 am by Rocky
» Stopping the Commission’s procedures regarding the region’s elections
Today at 5:06 am by Rocky
» Foreign oil companies violate Iraqi laws
Today at 5:05 am by Rocky
» The position of Speaker of Parliament depends on the political agreement
Today at 5:04 am by Rocky
» The Ministry of Finance decides to send the April salary to the Kurdistan region
Today at 5:02 am by Rocky
» It did not reach the Council.. Parliament determines the mechanisms for dealing with the 2024 budget
Today at 5:01 am by Rocky
» 88 projects awaiting resolution.. What will happen to the stalled laws in Parliament? - Urgent
Today at 5:00 am by Rocky
» Al-Sudani receives the US Undersecretary of State
Today at 4:59 am by Rocky
» It did not reach the Council.. Parliament determines the mechanisms for dealing with the 2024 budget
Today at 4:57 am by Rocky
» Advisor to Al-Sudani: Sanctions on 32 private banks caused financial problems inside Iraq (video)
Today at 4:56 am by Rocky
» An expert comments on the use of the Iraqi currency in commercial transactions with Iran
Today at 4:54 am by Rocky
» Why does Iraq depend on foreign banks for dollar transfers?
Today at 4:53 am by Rocky
» Deputy: The fuel smuggling map in Iraq has “radically changed” from what it was years ago
Today at 4:52 am by Rocky
» Petroleum Products announces a decrease in gasoline imports by about 8 million liters
Today at 4:51 am by Rocky
» Government advisor: Collections will shift almost completely to electronic payment in the middle of
Today at 4:49 am by Rocky
» Complete decisions of the Council of Ministers session
Today at 4:48 am by Rocky
» Al-Sudani chairs the first meeting to restructure the government apparatus
Today at 4:47 am by Rocky
» The National University holds its second international scientific conference with the participation
Today at 4:46 am by Rocky
» Parliamentary proposals to extend the legislative term of the House of Representatives to resolve th
Today at 4:45 am by Rocky
» Hanoun: We are working on preparing a six-year strategy to combat corruption based on technology
Today at 4:44 am by Rocky
» The Ministerial Council for the Economy decides to stop the import of 6 crops due to their abundance
Today at 4:42 am by Rocky
» Minister of Industry: He turned to Chinese companies to supply Iraq with spongy iron ores
Today at 4:42 am by Rocky
» A foreign report reveals the existence of an undeclared Iraqi-British agreement regarding asylum see
Today at 4:41 am by Rocky
» “Fares Issa” visits the Ministry of Finance and Economy in the Kurdistan Region
Today at 4:39 am by Rocky
» Nechirvan Barzani: We want to address all problems with Iran and begin a new phase of relations
Today at 4:38 am by Rocky
» The position of Speaker of Parliament.. Representatives confirm: “There is no amendment to the bylaw
Today at 4:36 am by Rocky
» Demands to put an end to foreign workers
Today at 4:34 am by Rocky
» Iranian official: We do not have frozen funds in Iraq
Today at 4:33 am by Rocky
» Entering 31 countries in the world without a visa.. A look at the Iraqi passport during 2024
Today at 4:32 am by Rocky
» An Iranian plan to export goods to Iraq worth $3 billion
Today at 4:31 am by Rocky
» The Board of Commissioners decides to suspend the technical and financial procedures for the Kurdist
Today at 4:29 am by Rocky
» Baghdad Governorate approves the two paths of the development road
Today at 4:28 am by Rocky
» Mawazine publishes the full decisions of the Council of Ministers at its session today
Today at 4:26 am by Rocky
» Asaib: The Sunnis are accustomed to having an external actor leading them
Today at 4:25 am by Rocky
» The Iranian ambassador in Baghdad: The Sudanese government enjoys the support of the Shiite and Sunn
Today at 4:24 am by Rocky
» Politician: Representatives of Taqadum “hurt” Al-Halbousi and their party
Today at 4:23 am by Rocky
» “Deficit” is the password.. Parliamentary Finance decodes the budget delay
Today at 4:22 am by Rocky
» Al-Sudani: The tourism sector will be a substitute resource for oil in the coming years
Today at 4:20 am by Rocky
» Finance confirms the Iraqi government's desire to benefit from the expertise of French companies
Today at 4:19 am by Rocky
» utube 5/4/24 MM&C Iraq Dinar- IQD Update - No Float of Exchange Rate - Budget -2024 - Schedules -
Yesterday at 5:10 pm by Rocky
» After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and A
Yesterday at 8:06 am by Rocky
» A deputy in finance expects the Council of Ministers to approve the budget schedules in today’s sess
Yesterday at 8:02 am by Rocky
» A deputy resolves the controversy over the “transfer supplement” in two ministries
Yesterday at 8:01 am by Rocky
» Al-Halbousi’s “vacant” seat.. Will the coordination framework end the “Taqaddum” dream of an allianc
Yesterday at 7:59 am by Rocky
» The Federal Government issues a state order to stop the Commission’s work procedures regarding the K
Yesterday at 7:57 am by Rocky
» Including the freedom to choose the bank and withdraw the salary for “free”... “My Account” features
Yesterday at 7:55 am by Rocky
» The Central Bank sells more than $250 million during its daily auction
Yesterday at 7:51 am by Rocky
» Al-Sudani receives a delegation from the Union of Arab Banks
Yesterday at 7:44 am by Rocky
» Iraq and the United States of America hold trade meetings in Washington
Yesterday at 7:43 am by Rocky
» In pictures... The activities of the Union of Arab Banks conference in Baghdad, “Day Two”
Yesterday at 7:42 am by Rocky
» The Director General of Ports announces the completion of berths (3) and (4) in Al-Faw Grand Port
Yesterday at 7:40 am by Rocky
» The Council of Ministers holds its regular session headed by Al-Sudani
Yesterday at 7:38 am by Rocky
» Parliament publishes the agenda of its session for next Thursday
Yesterday at 7:37 am by Rocky
» A government measure to reduce "money laundering" using the buying and selling of real estate in Ira
Yesterday at 7:35 am by Rocky
» Iraq proposes establishing a specialized council to combat corruption in Arab countries
Yesterday at 7:32 am by Rocky
» Al-Mawarid intends to establish infrastructure and investment projects for the water sector in Iraq
Yesterday at 7:30 am by Rocky
» The Federal Court issues a decision regarding postponing the election of the Speaker of the House of
Yesterday at 7:28 am by Rocky
» A government meeting to discuss financing and implementation mechanisms for the Development Road Pro
Yesterday at 5:12 am by Rocky
» Al-Sudani: Iraqi banks are on the right track with financial transfers
Yesterday at 5:11 am by Rocky
» Al-Khazali: The Turkish side is still imposing its conditions on Iraq
Yesterday at 5:08 am by Rocky
» Rights: We refuse to amend the bylaws of Parliament under political influence and desires
Yesterday at 5:07 am by Rocky
» Nechirvan Barzani: We want to address all problems with Iran and begin a new phase of relations
Yesterday at 5:05 am by Rocky
» Today, Iraq and Iran signed the minutes of a joint meeting related to trade
Yesterday at 5:03 am by Rocky
» KPMG International begins auditing the revenues of telephone companies operating in Iraq
Yesterday at 5:02 am by Rocky
» Oil: The seventh batch of equipment for the gas manufacturing project in the Nasiriyah and Gharraf f
Yesterday at 5:01 am by Rocky
» Al-Sudani assures the French ambassador of Iraq’s openness to “fruitful” partnerships
Yesterday at 5:00 am by Rocky
» Government move to install gold screening devices at 4 airports
Yesterday at 4:59 am by Rocky
» Sudanese Advisor: The oil sector is witnessing a rapid renaissance
Yesterday at 4:58 am by Rocky
» Opening offices specialized in employing people with disabilities
Yesterday at 4:57 am by Rocky
» Infrastructure and investment projects for the water sector in Iraq
Yesterday at 4:56 am by Rocky
» Adopting the electronic system in the next census
Yesterday at 4:55 am by Rocky
» Al-Sudani chairs the first meeting to restructure the government apparatus
Yesterday at 4:54 am by Rocky
» Business Council: Efforts to open a branch of the Chinese Bank in Iraq
Yesterday at 4:53 am by Rocky
» Iraqi diplomacy is balanced openness
Yesterday at 4:52 am by Rocky