Gerald Celente on France 24 - 30 December 2011 :"....The Recovery never happened following the Panic of 08 , the only thing that has been accomplished was the Federal Reserve was able to pump in some 26 trillion dollars into the economic system between the United States Europe and other nations around the world so now the money is running out , there is no solving to the European debt crisis , all the Banks are they are calling them by the wrong names by the way they are not banks they are loan sharks , and the loan sharks cannot get anymore money from the people which you call over there austerity measures , and the privatization is not working either there is only so much state asset that can be solved , so we believe that the first quarter of 2012 after the Christmas holiday the real day of reckoning is going to happen and it is going to show that the global financial system is in collapse and Merkozy or Obama or any of them is not going to be able to save it ...." says Gerald Celente
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1 day ago
Wow, telling the TRUTH!
ReplyDeleteGreat Clip!
ReplyDeleteNow here is something of equal importance to research:
OK Gerry, You've been correct in your prescient calls over the past decade but your timing has been somewhat off.
Now you're restating in this latest call (which you've been hammering for sev months) is FINALLY
gonna occur in the next month or two.
Sorry but the Bankster Elites probably have a few more 'tricks' to be played.
One is called a 'Principle Write Down' in banking terms.
A 50% 'haircut' on our debt and/or debit is certainly not a solution but can delay the inevitable for a few months or perhaps years if re instituted proactively/periodically..
Would this collapse the Dollar, S&P, gold, oil, and commodities or send them stellar?
Would very much appreciate comments....
David
Great Clip!
ReplyDeleteNow here is something of equal importance to research:
OK Gerry, You've been correct in your prescient calls over the past decade but your timing has been somewhat off.
Now you're restating in this latest call (which you've been hammering for sev months) is FINALLY
gonna occur in the next month or two.
Sorry but the Bankster Elites probably have a few more 'tricks' to be played.
One is called a 'Principle Write Down' in banking terms.
A 50% 'haircut' on our debt and/or debit is certainly not a solution but can delay the inevitable for a few months or perhaps years if re instituted proactively/periodically..
Would this collapse the Dollar, S&P, gold, oil, and commodities or send them stellar?
Would very much appreciate comments....
David