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Saturday, January 3, 2015
Gerald Celente – This Will Trigger Panic On Wall Street & Around The World In 2015
...“I don’t know if it’s arrogance on the part of central planners or just stupidity. You can see by the Fed minutes there is constantly a high level of confusion. It’s more of a show — how they pretend to know what they are doing…. Gerald Celente
Today the top trends forecaster in the world spoke with King World News about what is going to trigger panic on Wall Street and around the world in 2015. Below is what Gerald Celente, founder of Trends Research, had to say in his powerful interview.
Celente: “I don’t know if it’s arrogance on the part of central planners or just stupidity. You can see by the Fed minutes there is constantly a high level of confusion. It’s more of a show — how they pretend to know what they are doing….
....There will be a massive global financial panic before this is over. So this is much bigger than just the United States. This is a global wind-down from the hot years of money printing that is now beginning to dry up.”
Celente: “What does the word confidence mean? Break it down. In this case confidence = con men and con game. That’s all it is. So people will lose confidence in the con men because they have already shown their cards. It’s a Ponzi scheme. So the con game is running out and they don’t have any more cards to play.
What are they going to do? They can’t raise interest rates. We saw what happened in the beginning of December when the equity markets started to unravel. So it will be a loss of confidence in the con game and the con game is soon coming to an end. That is when you are going to see panic on Wall Street and around the world.”
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