Gerald Celente: The Entire System is Collapsing

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Jun 212010
 

The number of people filing new claims for jobless benefits jumped last week after three straight declines, another sign that the pace of layoffs has not slowed. Gerald Celente says that there is no way governments can just keep pumping money into the economy and it will only get worse, with an eventual crash.

Gerald Celente: Fed Inflates Bailout Bubble

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May 272009
 

As the Federal Reserve throws more and more money at the economic crisis and holds interest rates down at historic lows, it could be inflating a devastating bailout bubble, Gerald Celente, director of Trends Research Institute, told CNBC.