Founder of
the Trends Research Institute Gerald Celente shares his thoughts
with RT on the declining US economy, austerity measures in Greece,
and the IMF.
Celente foresees
no recovery in sight, as the bailout money dries up and reality
bites. He argues that too-big-to-fail has killed capitalism.
The
IMF is nothing more than the International Mafia Federation. Theyre
the loan sharks of last resort, and the people know it.
Celente points
out that President Obama has no plan in place to solve the debt
issue and is not discussing big cuts in the budget. The politicians
are doing nothing more than the bidding for those that pay them
off.
Reprinted
with permission from Bull
Source. You can subscribe to Bull Source posts for free here.
July
4, 2011
Gerald Celente
is founder and director of The Trends Research Institute, author
of Trends
2000 and Trend
Tracking (Warner Books), and publisher of The Trends
Journal. He has been forecasting trends since 1980, and recently
called The Collapse of ’09.