From From Future Money Trends.
If you thought 2008 was bad, our recent guest, trend forecaster Gerald Celente, warns that a coming crash will be so severe it’ll be one for the history books!
“51% of the people in the United States that are employed are earning under $30,000 a year… Less than half the population is considered middle-class in America… The gap between the rich and the poor is as bad as it was at the worst times of the Gilded Age, going back over a hundred years.”
So what happens when the Panic of 2016 happens?
"The Panic of ’08 helped wipe out the middle class… this is going to eliminate it to a large degree, because they’re deep in debt.”
This coming crash, Mr. Celente predicts, will hurt the upper 10% of Americans the most…
“Now, what this is going to do… it’s going to knock out the top… and the top survived the other crash because the top are the ones that are totally leveraged out… there’s no more savings anymore… there’s no more savings anymore… it’s only markets because of zero interest rate policy.
The markets have been artificially juiced up… so when this thing comes down it takes the top down… the last time it pulled out the bottom… so this is going to be a top-down crash.
And there’s not going to be anything to pump it back up because they’ve blown all their ammunition…”
A dire forecast, coming from one of the top trends analysts. It’s this very reason why we launched FutureMoneyTrends.com, a personal finance letter for the new economy.
Listen to the interview with Gerald Celente here.
Save Silver & Gold Now! |
No comments:
Post a Comment