Economic Apocalyse?

https://www.youtube.com/watch?v=sFtePsHsUkA

The doomsday side of me was drawn to this interview of Gerald Celente by Glen Beck yesterday.


Comments

  1. My husband and I watched that yesterday and just looked at each other dumbfounded. I can only hope he, like other great minds and all humans, is wrong at least some of the time.

  2. People know in their gut that this is bad. The only thing selling besides food and gas are guns and ammo.

  3. Republican does not mean Conservative says

    I sure hope his prediction aren’t right…
    Iris Lynch, the reason guns and ammo are selling doesn’t have to do with the end of the world per se. It has more to do with the fact that gun owners are scared of the Obama agenda. He is one of the biggest proponents of gun control in Washington. Get your guns before it’s too late.

  4. Veritas Vincit says

    Lou Dobbs put the numbers in focus.

    If every foreclosure (averaged at $200K) was purchased by the Fed last year it would cost $200 billion bucks.

    Likewise if they do the same this year, $200 billion bucks.

    4 million jobs created doing whatever paying $50,000/year would cost $200 billion dollars.

    Foreclosures addressed and jobs created for $600 billion … or how much less than the “stimulus” package?

    Keep the pressure on the House. Let’s see what happens when the boy wonder of the White House looses one in the face of real Washington politics.

    ps: the defeat is the only chance this economy has of self-recovery.

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