Friday, April 30, 2010

Gerald Celente on Global Trends - Interview by Bill Meyer

Here are some Gerald Celente quotes from his interview by Bill Meyer on April 26, 2010.

"Median household income is below 1999 levels. What kind of imbecile is out there saying we have to raise taxes to keep things going more?"

"This is a stimulus recovery. They are printing phantom money out of thin air based on nothing, and producing practically nothing. It's digital money not worth the paper it's not printed on."

"It's not only the US by the way, and that's why I want to make this clear. It's China, It's Japan, It's Indonesia, It's Australia. It's the UK and all of Europe."



I do not care for Celente's views on hyperinflation or the US breaking up, but the 48 minute long interview is interesting.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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