"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Nov
7

Gerald Celente: ‘787 Billion dollars worth of stimulus and it hasn’t done the job’ (November 2009)

Author: Mac Slavo
                            Comments (5)

Gerald Celente, of the Trends Research Institute, discusses unemployment on Russia Today November 06, 2009.

How are they going to get better. They just shot their best shot. 787 Billion dollars worth of stimulus and it hasn’t done the job. What are they going to do for the encore?

Watch Gerald Celente on Russia Today:

Author: Mac Slavo
Date: November 7th, 2009
Visit the Author's Website: http://www.SHTFplan.com/

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5 Responses to “Gerald Celente: ‘787 Billion dollars worth of stimulus and it hasn’t done the job’ (November 2009)”

  1. NetRanger
    November 7th, 2009 at 6:05 pm

    I just can’t figure it out. Is it incompetence? Or is it contempt? It looks so stupid, I keep thinking what idiots! ..but yet, I think nobody can be that stupid..

    I just don’t know. We should take a poll.

    :cool:

    -NR

  2. Mac
    November 7th, 2009 at 7:56 pm

    NR, I have the same questions everyday reading this type of stuff.

    they cannot possibly be this stupid… and when i say ‘they’ i am referring to pretty much the entire establishment.

    Therefore, i must conclude that this is a calculated effort with some specific goal(s) in mind.

    So, all we can do here in peon land is to try to deduce what all of these economic, financial, political and societal policies will do to us, and then figure a way to preserve our liberty and quality of life.

  3. Chris C.
    November 9th, 2009 at 12:57 pm

    This may help, but somewhere I read that it is government’s responsibility (or those running the governement subvertly) to pretend to fail. If this is the truth, it kind of explains both the incompetence and the calculated effort. The question would therefore be why are they trying to let it fail?

  4. ovals
    November 9th, 2009 at 1:34 pm

    If they let it fail, then they can be the heros and save us, perhaps?

  5. TTJ
    November 9th, 2009 at 2:43 pm

    I suppose everyone commenting on this page must have heard of, seen and / or read Mr. Celente’s facinating work. Anyone who is looking for a Clear Voice in a Confused World - Gerald Celente is the man. He is a political atheist and his forecasts are based on pure facts - he studies society for a living.
    I just subscribed to The Trends Journal this year - published by Gerald Celente. It’s already well worth the investment. Wish I would have subscribed earlier. With the subscription, Gerald will also email you Trend Alerts & Trends In The News features strictly on a “need-to-know” basis. Here is where to subscribe: http://www.thetrendsjournal.com

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