Gerald Celente – Economy Will OD on Monetary Methadone
Top trends researcher Gerald Celente says global central banks are just helping the richest people on the planet and have not saved the economy. Celente says, “They didn’t teach us this stuff in economics 101 or in graduate school, they made this crap up. For example, quantitative easing, you mean buying corporate bonds and government bonds and shoveling money to your bankster buddies. . . . According to the Levy Institute at Bard College, they dumped in over $29 trillion. That’s right, $29 trillion to their buddies. So, what’s the deal? They are going to keep lowering interest rates. It’s monetary methadone. All these people are addicts. Morons and imbeciles call them ‘investors.’ They’re addicts and gamblers. They can’t stop, and all they want is that drug– monetary methadone. They are just going to keep filling it in until they OD. . . . You don’t know when it is going to collapse, but our forecast is we are not going to go into a recession this year. We will begin to go into it in 2020, and the greatest recession/depression will happen by the end of 2020.” Join Greg Hunter of USAWatchdog.com as he goes One-on-One with the publisher of “The Trends Journal,” Gerald Celente.