Saturday, 20 June 2009

Trend Forecaster Gerald Celente on The Tommy Schnurmacher Show 6/18/2009

Logically, it seems that there is a lot more calamity to come. At present there is scant wealth creation occurring in the USA - not enough to balance the trade deficit and create the high paying jobs needed to fund a recovery. And because the US Government debt is already enormous, any further bailouts to prop up the economy will likely lead to further trouble. The declines will continue.

Prepare the best you can for a massive economic downturn and possible unemployment. Plan for the worst, hope for the best.

[Posted at the SpookyWeather blog, June 20th, 2009.]

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