Today Gerald Celente discussed why the equity market crash will impact everyone in the world.
Eric King: “Gerald, it seems quite clear that the Fed doesn’t want to raise rates. They’ve been saying they are going to raise rates for years. It never happens, and yet we have all this propaganda hitting the wire in the mainstream media…
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Eric King continues: “But there was the suggestion made that the global stock markets would be thrown under the bus because if the markets were tumbling that would assist in pushing the bond market higher (and yields lower) to help the Fed — your thoughts on that.”
Gerald Celente: “If the equity markets collapse, that’s what really hits the average consumer. It’s not that it hits their pockets because they are not in the game, but it’s the psychological impact of crashing markets.