Gerald Celente: “It’s
all about stimulus and when it’s going to stop. Here’s our forecast
and you are hearing it (here on KWN) first: We believe they are going
to keep levels of stimulus high enough into the new year.
The reason (for this) is they have to boost retail sales during Christmas time. They are going to do everything they can to keep this economy looking strong. And then, I believe they (central planners) are going to taper back. They are going to have to taper back.
And when they taper back, that is when you are going to see the real collapse start to happen....
“This has only been an interest rate recovery. It’s these record low interest rates and this unprecedented money pumping scheme that’s never been seen in the history of the modern world (that has facilitated this so-called recovery).
When they (the Fed) start raising interest rates, all of this collapses. - Full audio interview at KWN
The reason (for this) is they have to boost retail sales during Christmas time. They are going to do everything they can to keep this economy looking strong. And then, I believe they (central planners) are going to taper back. They are going to have to taper back.
And when they taper back, that is when you are going to see the real collapse start to happen....
“This has only been an interest rate recovery. It’s these record low interest rates and this unprecedented money pumping scheme that’s never been seen in the history of the modern world (that has facilitated this so-called recovery).
When they (the Fed) start raising interest rates, all of this collapses. - Full audio interview at KWN
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