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Wednesday, April 25, 2012

Forecaster says our financial system is a 'casino'


A top economic forecaster who is often called upon by CNN, CNBC, and other news outlets to provide an outlook on the state of the economy says that the entire U.S. financial system is a casino and that "if you don't have your money, it's not yours."
Gerald Celente of Trends Research Institute has been featured on CBS News, Oprah Winfrey, and in the Wall Street Journal, the New York Times, and other major mainstream outlets. He is not considered an alarmist who engages in unnecessary fear mongering.
Thus, when Celente told Mac Slavo in an interview published April 23, 2012 by Lew Rockwell that the U.S. financial system is headed toward complete collapse and that there is very little that can be done to avoid it without drastic and painful measures, economic gurus with their ear to the ground sat up and took notice.

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