THE GREATER DEPRESSION---THE COLLAPSE OF 2009 PART 2
#1
Posted 01 February 2009 - 07:35 AM
This is the second part of the interview with Gerald Celente conducted by Stock Shotz.
Gerald Celente of the Trends Research Institute talks about the Crash of 2008 and is calling for THE GREATER DEPRESSION AND THE COLLAPSE OF 2009
www.stockshotz.blogspot.com
#2
Posted 01 February 2009 - 07:40 AM
Edited by humble1, 01 February 2009 - 07:40 AM.
#3
Posted 01 February 2009 - 12:17 PM
groan ...
how many parts of THIS rant do we look forward to?
oh now that the zapata is on the other foot you ain't likin' it eh
ed rader
#4
Posted 01 February 2009 - 02:26 PM
#5
Posted 01 February 2009 - 04:31 PM
Some of the best selling books of the 1980's and 1990's -----
(back then Internet was just a gleam in Al Gore's eye)
The Great Depression of 1990
The Crash of the Millennium
Stock Market Crashes of 1998 and 1999
They sold many many books. But the economy survived just fine thank you.
Now with the internet it is much easier and cheaper to put an article on the web.
I have lost count how many such articles I have read in the last 3 months.
Will the US economy survive the housing bust? You betcha. Ho hum. Yawn.
This is not just a housing bust it is also a banking bust which they are throwing hundreds of billions at. Cracking the banks is what is required for a full blown depression according to Martin Armstrong who is now predicting we are entering a great depression 23-26 years long. After 2012 the unfunded liabilities of 50 trillion dollars will begin to create serious dificits.
Of Armstrong it has been said by one of the top business journalists in Canada Michael Campbell... "Armstrong is different than most economists, he is usually right." His forcasting record is very strong. So is this going to be the one time when his economic predictions are wrong? Yes I know they put him in prison for alledged trading infractions that is a separate issue from his economic forecasts.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#6
Posted 01 February 2009 - 05:03 PM
When commentators invoke 1929, I am dubious.
In fact, the current economic woes look a lot like what my 96-year-old grandmother still calls "the real Great Depression." She pinched pennies in the 1930s, but she says that times were not nearly so bad as the depression her grandparents went through. That crash came in 1873 and lasted more than four years. It looks much more like our current crisis.
http://chronicle.com...6h07p4hy9z83x18
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#7
Posted 12 February 2009 - 03:39 AM
THE GREATER DEPRESSION---THE COLLAPSE OF 2009
This is the second part of the interview with Gerald Celente conducted by Stock Shotz.
Gerald Celente of the Trends Research Institute talks about the Crash of 2008 and is calling for THE GREATER DEPRESSION AND THE COLLAPSE OF 2009
www.stockshotz.blogspot.com
Mr. IS,
I went back and looked for your post this late am. I am familiar with Gerald Celente. I use to have a subscrition to his thoughts/trends. Mish Shedlock is a good man with great points. Thanks for linking this video. Most are in denial of what is happening, yet evidence of what is to happen is all around us.
Thanks again, DL










