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 4:50 am by Rocky
» Al-Sudani chairs the fifth session of the Supreme Coordination Committee between the governorates
Today at 4:48 am by Rocky
» A fruitful international-Japanese partnership produces its eighth batch... Celebrating the success o
Today at 4:47 am by Rocky
» The President of the Republic stresses the need to develop a future strategy for financial policy ac
Today at 4:45 am by Rocky
» Tomorrow.. Turkish Trade Minister visits Baghdad to discuss several files
Today at 4:43 am by Rocky
» Rashid and Al-Alaq discuss the future of the Iraqi banking sector
Today at 4:41 am by Rocky
» US Ambassador assures Maliki of her country's support for Iraq's stability
Today at 4:40 am by Rocky
» Parliamentarian addressing the Judicial Council: When will corruption files be resolved?
Today at 4:38 am by Rocky
» Economist: Re-exporting Kurdistan oil will cause Iraq to lose $5 billion and a budget deficit
Today at 4:37 am by Rocky
» Financial Advisor: Good performance of fiscal space reflects government’s ability to increase spendi
Today at 4:34 am by Rocky
» The President of the Republic stresses the need to develop a future strategy for financial policy
Today at 4:32 am by Rocky
» Parliament determines the most important laws it will work on before its legislative break in a few
Today at 4:30 am by Rocky
» Dollar exchange rates against the dinar in Iraqi stock exchanges
Today at 4:29 am by Rocky
» Government correspondence to install 8 thousand electricity meter readers
Today at 4:26 am by Rocky
» utube 11/16/24 MM&C-News Report-Iraq Dinar-Oil-Flow-Global Maritime Trade-Cross Border Transfer-Ex
Yesterday at 5:05 am by Rocky
» utube 11/13/24 MM&C MM&C News-Private Sector- Electronic Payments-Reconstruction-Development-Digit
Yesterday at 4:54 am by Rocky
» utube MM&C 11/15/24 Update-Budget-Non Oil Resources-CBI-USFED-Cross Border Transfers-Oil
Yesterday at 4:53 am by Rocky
» Al-Sudani is besieged by lawsuits over the “wiretapping network”... and Al-Maliki heard “inappropria
Yesterday at 4:49 am by Rocky
» Tens of thousands of foreigners work illegally in Basra... and the departments will bear the respons
Yesterday at 4:47 am by Rocky
» 4 reasons for the Sudanese government’s silence in the face of the factions’ attacks.. Will Baghdad
Yesterday at 4:46 am by Rocky
» PM's advisor: Government able to increase spending without inflation or fiscal deficit
Yesterday at 4:43 am by Rocky
» Prime Minister stresses the need to complete 2024 projects before the end
Yesterday at 4:41 am by Rocky
» Minister of Labor sets date for launching second batch of social protection beneficiaries in the pol
Yesterday at 4:40 am by Rocky
» Al-Sudani approves 35 new service projects, stresses the need to complete 2024 projects
Yesterday at 4:38 am by Rocky
» Minister of Labor: The population census will provide accurate calculations of poor families covered
Yesterday at 4:36 am by Rocky
» Electricity announces its readiness for the winter peak
Yesterday at 4:35 am by Rocky
» Economist: Parallel market remains pivotal to financing Iraq’s trade with Iran, Syria
Yesterday at 4:34 am by Rocky
» Trump: Iraq: A subsidiary or the focus of major deals?
Yesterday at 4:32 am by Rocky
» Counselor Mazhar Saleh: The government is able to increase spending without causing inflation or a f
Yesterday at 4:30 am by Rocky
» Al-Sudani's advisor to "Al-Maalouma": We do not need to bring in foreign workers
Yesterday at 4:29 am by Rocky
» Parliamentary Rejection.. Parliamentarian Talks About Jordanian Agreement That Harms Iraq’s Economy
Yesterday at 4:28 am by Rocky
» Al-Sudani chairs the periodic meeting of the service and engineering effort team
Yesterday at 4:26 am by Rocky
» Al-Sahaf: Washington continues to support terrorist organizations in Iraq
Yesterday at 4:25 am by Rocky
» Al-Maliki Coalition: America is trying to make Iraq hostile to its neighbors by violating its airspa
Yesterday at 4:24 am by Rocky
» Close source: Al-Sudani failed to convince Al-Hakim and Al-Amiri to carry out the ministerial reshuf
Yesterday at 4:23 am by Rocky
» Al-Sayhoud on Postponing Parliament Sessions: Bad Start for Al-Mashhadani
Yesterday at 4:22 am by Rocky
» Peshmerga Minister: The survival of the Kurdistan Region depends on the presence of a strong Peshmer
Yesterday at 4:21 am by Rocky
» Al-Maliki Coalition: US pressures prevent Israel from striking Iraq
Yesterday at 4:20 am by Rocky
» Nechirvan Barzani calls for keeping Peshmerga out of partisan conflicts, urges formation of 'strong
Yesterday at 4:18 am by Rocky
» US Institute: Trump administration may prevent Iraq from importing Iranian gas as part of pressure o
Yesterday at 4:16 am by Rocky
» The meter will visit families again.. Planning details the steps for conducting the population censu
Yesterday at 4:15 am by Rocky
» Government clarification: Is Iraq able to increase spending?
Yesterday at 4:14 am by Rocky
» Iraq advances over China.. Iran's trade exchange witnesses growth during October
Yesterday at 4:13 am by Rocky
» Al-Sudani approves 35 new service projects and begins implementing them within 10 days
Yesterday at 4:12 am by Rocky
» Al-Sudani and Al-Hakim discuss developments in the political scene and the results of the visit to K
Yesterday at 4:08 am by Rocky
» Minister of Labor: Government measures contributed to reducing the poverty rate from 22% to 16.5%
Yesterday at 4:06 am by Rocky
» Al-Maliki calls for strengthening national dialogue and unity to overcome the current stage
Yesterday at 4:05 am by Rocky
» Al-Sudani stresses the importance of accuracy and specifications in service and engineering projects
Yesterday at 4:04 am by Rocky
» Baghdad Governor: 169 projects are listed for referral and contracting
Yesterday at 4:01 am by Rocky
» Industry confirms success by signing 4 investment contracts for strategic industries
Yesterday at 3:59 am by Rocky
» Parliament confirms its support for conducting the general population census and decides to resume s
Yesterday at 3:58 am by Rocky
» Parliament gains a "holiday and a half"... Half of the "extended" legislative term passes without se
Yesterday at 3:55 am by Rocky
» Find out the exchange rates of the dollar against the dinar in the Iraqi stock exchanges
Yesterday at 3:54 am by Rocky
» Al-Maliki describes tribes as a "pillar" for confronting challenges in Iraq
Yesterday at 3:53 am by Rocky
» The plan in the "distribution method".. A representative describes the "investment achievement" as n
Yesterday at 3:51 am by Rocky
» Iraq is ahead of China in trade exchange with Iran.. These are the numbers
Yesterday at 3:49 am by Rocky
» MM&C 11/14/24 Central Bank Governor Urges Türkiye to Open Accounts for Iraqi Banks
Fri 15 Nov 2024, 4:50 am by Rocky
» MM&C 11/14/24 Trump and the Iraqi Banks Puzzle
Fri 15 Nov 2024, 4:49 am by Rocky
» New decline in gold in Iraq.. and globally records the worst week in 3 years
Fri 15 Nov 2024, 4:40 am by Rocky
» Monitoring body approves 2023 imports annual report
Fri 15 Nov 2024, 4:39 am by Rocky
» Development Road: Faw Port Ignites Regional Corridor Race
Fri 15 Nov 2024, 4:37 am by Rocky
» First in Iraq... Diyala sets a plan for "rural reconstruction"
Fri 15 Nov 2024, 4:35 am by Rocky
» Al-Saadi: Influential parties are working to erase the theft of the century file
Fri 15 Nov 2024, 4:34 am by Rocky
» MP: Baghdad supports the "Diyala Artery" project with 40 billion dinars
Fri 15 Nov 2024, 4:33 am by Rocky
» Source: General amnesty law will pave the way for the return of terrorist groups
Fri 15 Nov 2024, 4:32 am by Rocky
» The Prime Minister stresses the need to expedite the completion of the requirements for restructurin
Fri 15 Nov 2024, 4:30 am by Rocky
» Minister of Resources: The project to develop the left side of the Tigris River has reached its fina
Fri 15 Nov 2024, 4:28 am by Rocky
» Foreign Minister: We are proceeding with implementing the associated gas exploitation program
Fri 15 Nov 2024, 4:27 am by Rocky
» Swiss Ambassador Expresses His Country's Desire to Invest in Iraq
Fri 15 Nov 2024, 4:25 am by Rocky
» "We left the camel and its load" .. Moroccan farmers await "imminent compensation" from Iraq
Fri 15 Nov 2024, 4:24 am by Rocky
» OPEC sues Iraqi minister over oil violations.. What is Kurdistan's involvement?
Fri 15 Nov 2024, 4:23 am by Rocky
» Iraq warns of 'dire consequences' of imposing barriers to plastic products
Fri 15 Nov 2024, 4:22 am by Rocky
» Iranian newspaper: Iraq's development path is a step towards regional economic integration
Fri 15 Nov 2024, 4:21 am by Rocky
» Al-Mandlawi discusses with the Russian ambassador developing relations in the fields of economy, inv
Fri 15 Nov 2024, 4:19 am by Rocky
» Oil Minister discusses with Dutch Ambassador strengthening bilateral relations
Fri 15 Nov 2024, 4:17 am by Rocky
» The Minister of Oil discusses with the companies "+dss" and "Xergy", joint cooperation to develop th
Fri 15 Nov 2024, 4:16 am by Rocky
» Rafidain Bank announces a plan to include other branches in the implementation of the comprehensive
Fri 15 Nov 2024, 4:15 am by Rocky
» With the presence of the opposition... Baghdad supports the partnership government in Kurdistan
Fri 15 Nov 2024, 4:13 am by Rocky
» Parliamentary move to raise retirement age in state institutions to 63 years
Fri 15 Nov 2024, 4:12 am by Rocky
» Through leaks.. Warnings against creating political crises as parliamentary elections approach
Fri 15 Nov 2024, 4:11 am by Rocky
» Iraqi oil returns to decline in global markets
Fri 15 Nov 2024, 4:09 am by Rocky
» Parliamentary Committee: Iraq uses its international relations to avert the dangers of war from its
Fri 15 Nov 2024, 4:08 am by Rocky
» The value of non-oil imports for Sulaymaniyah and Halabja governorates during a week
Fri 15 Nov 2024, 4:07 am by Rocky
» Rafidain: Continuous expansion in implementing the comprehensive banking system
Fri 15 Nov 2024, 4:05 am by Rocky
» Planning: The population census includes residents of Iraq according to a special mechanism
Fri 15 Nov 2024, 4:04 am by Rocky
» Transparency website reveals non-oil imports to Sulaymaniyah and Halabja during a week
Fri 15 Nov 2024, 4:00 am by Rocky
» Al-Sudani directs the adoption of specialized international companies to prepare a unified structure
Fri 15 Nov 2024, 3:58 am by Rocky
» MP warns of a move that will worsen the housing crisis and calls on the government
Fri 15 Nov 2024, 3:56 am by Rocky
» Disagreements strike the Kurdish house... hindering the formation of the regional parliament and gov
Fri 15 Nov 2024, 3:55 am by Rocky
» Hundreds of Moroccan farmers are waiting for “imminent compensation” from Iraq.. What’s the story?
Fri 15 Nov 2024, 3:54 am by Rocky
» Iraq 10-Year Review: Spending, Imports, Unemployment in 2024 at ‘Highest Level’ in a Decade
Fri 15 Nov 2024, 3:52 am by Rocky
» Call to all smokers in Iraq: Prepare for the law
Fri 15 Nov 2024, 3:50 am by Rocky
» utube 11/11/24 MM&C News Reporting-IRAQ-USA-Financial Inclusion up 48%-Money Inside & Out of Iraq
Thu 14 Nov 2024, 5:16 am by Rocky
» Al-Mandlawi to the UN envoy: The supreme authority diagnosed the problems and provided solutions for
Thu 14 Nov 2024, 5:15 am by Rocky
» Saleh: Government strategy to boost gold reserves as part of asset diversification
Thu 14 Nov 2024, 5:14 am by Rocky
» Prime Minister's advisor rules out oil price collapse: Trump's policy will not sacrifice petrodollar
Thu 14 Nov 2024, 5:09 am by Rocky
» Tripartite alliance between Iraq, Egypt and Jordan to boost maritime trade
Thu 14 Nov 2024, 5:06 am by Rocky
» Parliamentary Committee reveals date of entry into force of Personal Status Law
Thu 14 Nov 2024, 5:03 am by Rocky
» Al-Fatah warns against US blackmail and Trump's intentions for the next stage
Thu 14 Nov 2024, 5:02 am by Rocky