This Will Trigger Panic On Wall Street & Around The World In 2015
Celente – This Will Trigger Panic On Wall Street & Around The World In 2015
Gerald Celente – This Will Trigger Panic On Wall Street & Around The World In 2015 Today the top trends forecaster in the world spoke with King World News about what is going to trigger panic on Wall Street and around the world in 2015. Below is what Gerald Celente, founder of Trends Research, had to say in his powerful interview.
Eric King: “Gerald, I know you’ve read the KWN interview with former White House official, Dr. Philippa Malmgren, that warns the world is dangerously close to collapse as we head into 2015. Dr. Malgren warned about the arrogance of central planners.” Celente: “I don’t know if it’s arrogance on the part of central planners or just stupidity. You can see by the Fed minutes there is constantly a high level of confusion. It’s more of a show — how they pretend to know what they are doing…. Eric King: “Dr. Malmgren was warning that there are parallels today vs the Weimar Germany era of the early 1920s. Dr. Malmgren also pointed out that there is this historic experiment to create inflation, and that Paul Volcker has warned we better be careful what we wish for.” Celente: “The money printing and record low interest rates have been used to pump up global stock markets. This unprecedented scheme is what’s creating the chaos. It’s the devaluation and the destruction of the currencies that’s currently causing and will continue to cause the turmoil. This has been a total gamble by the Federal Reserve. They have dumped an unprecedented amount of money into the system and not raised interest rates since 2006. And as Dr. Malmgren warned, it’s not only in the United States — it’s around the world.
