Celente - Email Exposes Scary Economic Collapse In The US

[Crewleader]

August 21, 2014



Even as the Dow surges back above 17,000, today the top trends forecaster in the world shared a sad and deeply troubling email he received that exposes just how bad the economic collapse really is in the United States. Below is what Gerald Celente, founder of Trends Research and the man considered to be the top trends forecaster in the world, had to say in this timely and powerful King World News interview.

Celente: “Right now we are hearing two stories. One is being fed to us by the White House, the Fed, and the other vested business interests in the financial world that keep telling us about an economic recovery. But then when you get into the real world, it’s a whole different story....


Continue reading the Gerald Celente interview below...

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/21_Celente_-_Email_Exposes_Scary_Economic_Collapse_In_The_US.html

[littlemissmartypants]

1. Dammit, the link is not working for me.

But I have been saying this, for some time now, to counter the lies but people are so exhausted. It has been challenging to have this conversation for so many reasons.

Thanks for your post, Crewleader.

Love, Peace and the Righteous Fight.
Lmsp

[Crewleader]

2. Hi littlemissmartypants

try this on his twitter here: https://twitter.com/geraldcelente

Celente - Email Exposes Scary Economic Collapse In The US http://tinyurl.com/pl2xg46

[littlemissmartypants]

3. Thanks again. nt

[Crewleader]

4. My pleasure friend.

[littlemissmartypants]

11. Check this out.

http://www.democraticunderground.com/10025427210

[Crewleader]

21. Thank you littlemissmartypants

[1StrongBlackMan]

5. I'm no investment genius ...

I am deeply distrusting of Investment advisors that sell "newsletters" urging subscribers to FOLLOW his/her investment positions.

IOWs, "Hey folks! DOOM, GLOOM, more DOOM and GLOOM" and in the small print on the disclosure page, "Oh yeah ... I started starting taking short positions on the market two months before publishing this newsletter ... but don't worry about that DOOM, GLOOM, more DOOM and GLOOM."

[Crewleader]

6. I just listen to Celente

he speaks volumes of truth and tells it like he sees it.

[1StrongBlackMan]

7. And is rewarded handsomely ...

when people that listen to him and buy into/trail his investment positions ... doubly so, when people buy his newsletter and buy into/trail his investment positions.

[Crewleader]

10. He doesn't give advice on investments

and takes no money on advertising on his Trend's Journal, so he's not obligated to anyone and is free to say it like it is.


http://trendsresearch.com/trends-monthly/

[mrdmk]

8. Unfortunately, contrary to popular belief, the stock market is neither

a leading or lagging indicator of the national or international economy. It is an indicator of the health of publicly financed corporations.

Some of the leading indicators are the number of new hires, the expansion of small/medium businesses, rate of inflation, prime lending rate, imports per exports, and new home sales to mention a few.

One of the lagging indicators is the unemployment rate.

[rhett o rick]

12. "It is an indicator of the health of publicly financed corporations. " Where did you come up with

that? The Stock Market is gambling. You place your bets on whether a stock will go up or down. After the initial release of stock, the "publicly financed corporations." don't see any of the money "invested".

The Stock Market is a shame to separate the nitwits from their money.

[mrdmk]

13. Econ (macro) 102, and you are correct to a certain extent about the gambling

Meaning Wall Street always wins just like the casinos. Wall Street really got its ass kicked in 1929, then again 1987 and for good measure, with all of the deregulation since previous crash, 2007/08 egg laying is still reverberating in the world economy. Now the PTB are asking for more deregulation so they can do more damage without going to jail (hope the assholes feel good about themselves, nothing else seems to matter)...

Stocks use to be an investment for persons who had money they could afford to lose, now they are for public corporations to enrich themselves and beef up the their financial statements to make the CEO look good considering most working people have a 401k for a retirement program. Corporations may not have original stocks from their Initial Public Offering (IPO), but they do have treasury which they can do at will from having a 'put' at twice the average amount or give to the executive officers of a public corporation at no charge. With any of these exchanges, the investment banks (Wall Street) do get their cut.

Once again about the gambling, the big boys (Wall Street) are gambling all of the time, the little guy (you and me with the 401k's) are there to make sure the big boys keep their wallets fat, bummer...

[rhett o rick]

17. When the economy was growing then the average joe/jane could get a reasonable return.

But those in power have figured out that instead of building wealth, they can steal it easier. They can manipulate the Stock Market to their advantage. They tell the average people that they, the average people, are investing which is a lie. You are betting on the price performance (not related to actual business performance) and betting against experts that are capable of manipulating the stock prices.

[truedelphi]

18. And the derivatives & the "swaps" etc were not ended - the Wall St crowd just changed

Out the commodity they were betting on.

Whereas the derivatives were once centered on housing purchases, mortgages etc, now they are focused on Sallie Mae, and student loans. (Student loan firm, which just changed their name to some weird thing I can't remember.)

[Warpy]

9. They raise interest rates without giving a very large increase in wages

they're going to kill this economy stone dead.

They're just stupid and desperate enough to try it.

[appal_jack]

15. Yes - scary.

They will deny that inflation is happening all the while.

-app

[truedelphi]

19. But by the time the interest rates go up, there will be so many

Scarey new wars we might all be too distracted to care about interest rates.

Our reaction to China now set to enter the gold market is to increase the number of war games we play at that end of the Pacific!

[littlemissmartypants]

14. Kicking. Thank you. nt

[dickthegrouch]

16. That's not the half of it

I am still being told, by organizations like Motley Fool, that 10% annual rate of return is "easy" to achieve. RUBBISH.

Not a single one of my investments is doing anything other than losing money currently. Yes, it might go up a little over the long term, but I can't wait that long.

I've been out of work for more than 4 years out of the last 12 years. My savings are actually in far better shape than I can believe possible, until I factor in my Credit card debt (Don't ask ).

I am 57 and had an excellent job before being laid off again. I have had no more than 10 actual interviews in a year. I have a mortgage and other financial commitments. I am unwilling to move to a cheaper area of the country 'so close' to retirement. So I'm stuck. I have to find a job that pays at least 75% of my last one. Good Luck.

I'm disappointed, furious, terrified. I have the skills and there is NOWHERE to use them.

Recovery? Pure political fiction.

[truedelphi]

20. I was 57 when I realized what was going on.

In fact, I was told to my face that the nursing agency where I was applying would not consider hiring someone over the age of 55, as the insurance premiums are too high for that age group.

I didn't own a cell phone with recording feature, otherwise maybe I would have had a discrimination lawsuit.

But I have friends who are over 60 and they are finding the same thing. If you' re over 55, about the only thing to do is to start your own business while you still have savings to help you do it.