Thursday, 29 January 2015

Gerald Celente: “The Future is a Devalued Euro, a Devalued Dollar – the Only Reason the Dollar’s Staying High is Because the Other Currencies Are So Weak…The Whole Thing is Out of Control.”

Gerald talks with John Stadtmiller on latest economic trends and where these trends could lead.

There's a lot of talk about oil here as well. Apart from the low price negatively impacting target countries of the US - Venezuela, Russia, Iran - there is also a negative impact against the fracking industry which will hopefully save the US environment. In the long term the presently low oil prices are helping save the US environment - in the short term it is destroying the revenue sources for the Governments of many countries.

[Posted at the SpookyWeather blog, January 29th, 2015.]

No comments: