Celente - No Way Out As Gloal Ponzi Scheme Collapse Begins
Eric
King: “Gerald, so far this chaos is unfolding exactly as you said it
would with the market turmoil around the world. Some of the market
participants are becoming a bit shocked at what’s unfolding here, but
you called it to perfection. My question to you is, where do we go from
here?”
Celente: “Global
markets are headed down, but it may not be in a straight line because
you are going to start seeing the Fed, (Washington) D.C., and the Wall
Street gang move in to stop the slide in global equities....
Continue reading the Gerald Celente interview below...
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“Look
at what’s going on around the world: The Asian markets keep tumbling,
and the European markets are also continuing to tank. Look at what’s
happening in the emerging markets: As I said to you last week, ‘These
countries are raising interest rates in order to protect their
currencies as their economies are declining. Brilliant. That’s the
exact opposite strategy for growth.’
So
the handwriting is on the wall now, but it’s going to try to be erased
by outright lies from the Federal Reserve, its members, and it’s
Orwellian propaganda machine -- the mainstream media. Washington will
also play a part in the lies and propaganda, along with Wall Street
gang.
You
are also going to see the Plunge Protection Team go to work at some
point, and they will also use every trick they can in an attempt to try
to prop up these plunging global markets. During this chaos the
mainstream media and Wall Street propaganda will be non-stop and it will
be proclaiming, ‘This is only a temporary correction.’
If
you tune in to the major business networks they are dragging out every
possible Wall Street shill that they can to spew the great lie that
‘This is a buying opportunity.’ Then these shills start spouting out
half-truths and outright lies to keep promoting the Ponzi scheme.
I
want to be perfectly clear about this: There is no way out. And as
this starts to really being to unravel, and it will, just like I have
predicted -- the Fed will come up with a new scheme to increase the
amount of money they are dumping into the system. But this is the
important point for KWN readers around the world: This new scheme by
the Fed is not going to work.
Just
look at what’s going on over in Japan. We have seen ‘Abenomics,’ with
trillions of yen dumped into the system. But just like in the US, the
only ones that have benefitted from it are the big players -- the elite
-- and now it’s all coming unwound.”
Eric King: “Today John Embry told KWN that the global markets are now subject to “total collapse” overnight. Is that a possibility here?”
Celente: “Of
course. The global markets are subject to a complete unraveling. Go
back to our September 2008 Trends Journal, when they came up with the
grand scheme of the bailouts. Do you know what our headline was? It
was, ‘D.C. Heist - Wall Street Hijacks Washington.’ And I said to KWN
last year, ‘This is no recovery, it’s a coverup.’ They are covering it
up with unprecedented amounts of cheap money being dumped into the
system.
So we
now have countries all over the world involved in covering up what will
ultimately be the greatest Ponzi scheme collapse ever seen in history
because this time it will be global. As this collapse unfolds, there
will be nowhere to hide in the banking system, and there will be nowhere
to run inside of the global financial Ponzi that exists today. All
hell will literally break loose as it collapses and people are running
out of time to get prepared.”
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