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Gerald Celente, Their [sic] is NO Economic Recovery, It's A COVERUP
market oracle ^
| 10/21/09
| market oracle
Posted on 10/25/2009 5:37:20 AM PDT by Flavius
The Worst Is Yet To Come
(Excerpt) Read more at marketoracle.co.uk ...
TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: armageddon; armagedon; brucewillis; celente; economy; obama; zombies
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To: sport
Just for today, I don’t do any dope.
21
posted on
10/25/2009 6:21:09 AM PDT
by
Lazamataz
(DEFINITION: rac-ist (rA'sis't) 1. Anyone who disagrees with a liberal about any topic.)
To: Lazamataz
I am proud of you. Keep up the good work.
22
posted on
10/25/2009 6:24:27 AM PDT
by
sport
To: Flavius
my .25 cents is on Celente...................he has not been wrong yet!
23
posted on
10/25/2009 6:35:09 AM PDT
by
blueyon
(It is worth taking a stand even if you are standing alone!)
To: sport
Obama will try to solve this by two methods, neither will work. 1. Print more money. 2. Raise taxes on those working in other jobs, the local governments will raise property taxes, permit fees and institute other taxes.
I'm not so sure he wants to solve this. Total depression leads to people clamoring for more not less government to help their sorry a$$es.
24
posted on
10/25/2009 6:35:36 AM PDT
by
Don Corleone
("Oil the gun..eat the cannolis. Take it to the Mattress.")
To: Don Corleone
I believe the same thing.
25
posted on
10/25/2009 6:40:29 AM PDT
by
sport
To: incredulous joe
and when inflation hits in a year or two.
26
posted on
10/25/2009 6:41:41 AM PDT
by
genghis
To: Don Corleone
The Dems are all about political power for their party. They do not give a damn about our economy. They say this every day with their actions since Jan 2009.
27
posted on
10/25/2009 6:46:10 AM PDT
by
etradervic
(Democrat uber deficit spending proves that the swine flu originated in DC)
To: Flavius
Celente is correct when he warns about the dollar destruction of the current administration and the fed. They are printing money to accommodate huge deficit spending which is leading to a reluctance to purchase US debt, which has led to more money printing to enable the fed to purchase our own debt. Its like getting another credit card to pay for a previously maxed out credit card. All of this works to devalue the dollar.
Unlike previous recessionary spending, I do not see the US growing out of it any time soon - especially since the gov so-called stimulus spending was socialistic and not designed to stimulate business.
With that being said, I believe that this decline will be a managed (and also deliberate) decline, not abrupt, but a decline nonetheless. Celente's recommendation to invest in hard assets (although he admits to only holding gold) is a good one. The metals will take out their previous highs as soon as this declining dollar is accompanied either by global economic stability and \ or inflationary pressure.
28
posted on
10/25/2009 7:04:10 AM PDT
by
etradervic
(Democrat uber deficit spending proves that the swine flu originated in DC)
To: Erik Latranyi
that cost cutting is due to sending workers home. once productivity gains are in place,those workers will not be called back. An extremely large % of the lost jobs are never coming back.
29
posted on
10/25/2009 7:11:51 AM PDT
by
wiggen
(Never in the history of our great country have the people had less representation than they do today)
To: incredulous joe
And, the Democraps want to add the job killing, economy wrecking Cap and Trade laws and Healthcare takeover to this?
30
posted on
10/25/2009 7:17:35 AM PDT
by
FreeAtlanta
(There is no "O" in Transparency.)
To: etradervic
The Dems are all about political power for their party. They do not give a damn about our economy. They say this every day with their actions since Jan 2009. Precisely right. Too bad more citizens can't see it.
31
posted on
10/25/2009 7:17:54 AM PDT
by
badgerlandjim
(Hillary Clinton is to politics as Helen Thomas is to beauty.)
To: Flavius
32
posted on
10/25/2009 7:22:13 AM PDT
by
NotSoModerate
(Obama's spin isn't ordinary, it's roller coaster ride after a few beers spin.)
To: Don Corleone
Total depression leads to people clamoring for more not less government to help their sorry a$$es. ...sorry a$$es??? Our nation is in a recession/depression and Americans are out of work and unable to feed or provide their family with a home and you call them sorry a$$es!!! I think you are the sorry a$$!!!! Lots of people did not contribute to the current economic situation and DO NOT deserve the loses they have suffered. God please help this country.
33
posted on
10/25/2009 7:26:57 AM PDT
by
LuvFreeRepublic
("Brett should retire" Listen up boys, HE AIN'T DONE YET!!!)
To: Flavius
there's an old saying, "Never challenge worse." cause it can ALWAYS get worse...
some people just aren't smart enough to quit digging after the hit bottom.
34
posted on
10/25/2009 7:34:11 AM PDT
by
Chode
(American Hedonist *DTOM* -ww- I AM JIM THOMPSON!)
To: Flavius
35
posted on
10/25/2009 7:40:07 AM PDT
by
blam
To: incredulous joe
Add to that, most people did not plan for the $13 Dollar Obama reduction in withholding. If they did not change their W2’s, they may be in for a nasty suprise as they get either; a reduce return, no return or end up paying as the economy continue to decline into tax season....
To: Diana in Wisconsin
Expiration of the “Bush Tax Cuts” will be a rude shock to many many many folks. I expect to be living a lot leaner next year.
It will also shock Pelosi and Reid who have already spent the increased revenue they think this will bring in. Truthfully I cannot look at either one of them anymore as even being sane. BDS destroyed them.
37
posted on
10/25/2009 7:45:06 AM PDT
by
silverleaf
("For America today, decline is not a condition. Decline is a choice"- Krauthammer)
To: Lazamataz
Just about another 5 billion years or so until the sun turns into a red giant. We are all toast.
38
posted on
10/25/2009 7:51:37 AM PDT
by
TheFrog
To: Flavius
Obama is just turning the charts 90 degrees counterclockwise.
39
posted on
10/25/2009 7:53:32 AM PDT
by
bmwcyle
(We need more Joe Wilson's. OBAMA is ACORN ACORN is OBAMA)
To: blam
40
posted on
10/25/2009 8:00:59 AM PDT
by
Flavius
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