The next time you're bored, google "Gerald Celente". Or, better yet, just click here. Mr. Celente, Founder and Director of the Trends Research Institute, is a unique soul. More specifically, he is a trend expert, trusted worldwide as the foremost authority on forecasting, analyzing, and tracking trends. Celente accurately predicted the current financial crisis, and strongly argues that the Federal Reserve System is at the root of our problem. I am always fascinated when I hear him speak, but I found this clip from one of his appearances on Russia Today particularly captivating.
"Washington is Wall Street and Wall Street is Washington. It's an illusion that there's any difference. And again, the Federal Reserve, by lowering interest rates, created the problem. And now they're creating the bailout bubble, which is even bigger than the dot come bubble and the real estate bubble. So no, this is not going to do much of anything. It's just a confidence-building measure, and confidence isn't really going to change the game. It's like putting a set of brakes on a car that has already crashed, and these aren't very good brakes at all."
Gerald Celente
Russia Today
06/17/2009
Video courtesy of YouTube user "GeraldCelenteChannel".
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