“This Is Extremely Serious” | Gerald Celente
“I’m telling you, the debt level is over $37 trillion… and some say over $200 trillion when you include all the other obligations,” says Gerald Celente, editor of the Trends Journal. “There’s no way in the world they’re going to be able to pay this off.” Celente warns the Fed is running out of options and predicts the rise of a central bank digital currency
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CREDIT:
Gerald Celente
https://twitter.com/geraldcelente
trendsjournal.com
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9 Comments
Who is this guy? he talk a lot and I have seen him at many places.
AI has high operating costs, so they won't be able to hide their losses for long. Elon will buy Altman and find out the same thing in a few years. Who will feed all the corporations, lawyers, financiers, politicians, public servants, if not new dollars and new, ever-increasing loans. Now that the rest of the world is turning away, they can only borrow from themselves. Prices in the US will go crazy and consumption will plummet because the dollar can no longer grow at an exchange rate (or even fall) and therefore everything will equalize in quantity… at home. The whole world will want to sell goods in the US at the highest inflated prices, but it will sell nothing and therefore it will have to de-dollarize. Domestic inflation can no longer be built into a higher exchange rate of the dollar and exported abroad, because all foreigners are selling dollars themselves.
Great video
I love you Gerald! One of the last great men left! God bless you sir
Oh, paisano
Gerald speaking the truth
another old rehashed video.
Great show gerry speaking the truth…
Quantitative ease on the way-The only buyer of the treasuries is going to be the federal Reserve-CPI at 3,3% and the 10 year treasury-is at 4.1%-that would be a 0,8 %return-horrible net-America cannot pay 1 PENNY of principle back EVER!!!!-FORGET RECESSION
GOING STRAIGHT INTO DEPRESSION-SAD TO SAY