Jun 19 2009
Can The Federal Reserve Fix What it Broke?
Gerald Celente, of Trend Research,is sometimes known as an eccentric, but accurate forecaster.
On 11/10/08, Fox news interviewed him and he predicted:
1. America will be the first undeveloped country
2. Revolution, food shortages, riots, marches
3. Food instead of gifts for Christmas.
He says about Martial Arts of trend Forecasting: “The first rule of Close Combat is to attack the attacker. Action is faster than reaction. The same holds true for the future. You know the future is coming … attack it before it attacks you.”
This sharp reporter from Russia Today asked Mr. Celente about whether Obama’s latest move to give the Federal Reserve more power would solve the financial problem. He basically pointed out that the Federal Reserve was actually the cause of this latest recession. Listen to Celente’s analysis:
