The Brussels terror attacks remind us, at least those of us able to think for ourselves, of the root causes of terrorism the media never report, how much you can’t trust the “official” word on who’s responsible and how the attacks unfolded and how our leaders, the media elite and the population at large can’t muster a peep for peace, only more war mongering. Elsewhere in this program, the global master forecaster breaks down the Fed’s no-rate-hikes-now stance and why gold still shines.
Only peace, not more police surveillance at home and military intervention in foreign lands can win the War on Terror. Celente also reviewed the deep fault lines in America’s Middle East foreign policy and gave an overview of his global economic forecast.
Donald Trump’s victory night speech about how “we” need the rich in America to make the country “great again” underscores how far “we” have sunk. Global forecaster Gerald Celente puts it all in perspective: The absence of grace, dignity and self respect thrives in a culture where the rich get richer at the expense of the vast majority. And Trump exemplifies that. In the Presidential Reality Show, however, there are no good options. Elsewhere, Celente dissects the zero-interest rate reality bearing down on developed nations – why this is happening, how it will evolve and what it means to you. Our future is being robbed from us! The bankers have murdered Wall Street, and Main Street suffers the most.
Across the globe and around the world, from nations’ capitals to city halls, they come in all sizes, shapes, races, creeds and colors. A gang of lunatics run and ruin life on Earth under the guise that the parties they belong to represent We the People and the policies they promote will bring financial security and military victory. Pick a country. Name the names. With few exceptions, those in charge boast track records of fiasco, economic disasters and mass destruction. From the highest governmental offices to the military to central-bank policymakers, they double down on catastrophes they created by promising great success from their monumental failures. The current path to the future is clear: more of the same, but much worse. However, when a critical mass who wants to live in peace and gracious beauty take life in their own hands and take it away from those whose greatest ambition is to rule and control, the Renaissance 2.0 we had forecast will prevail.
When Warren Buffett speaks, the media world listens. And when it comes to deal making, not even Donald “I am the Greatest” Trump comes close to Buffett. But when it comes to trend forecasting outside Wall Street, the “Oracle of Omaha” is either far removed from Main Street… or, as a major financial backer and Hillary Clinton supporter, is he shilling for her by demeaning “many Americans,” including us, who have documented an America in serious socioeconomic decline? And an America fanning war flames across the globe?
The Federal Reserve operates the largest printing press on the planet. It seeks to hire the most qualified people to address current economic conditions and design strategies to maximize future market potential. However, when crisis strikes and with global equity markets in turmoil, those hired admit they are out of touch with the present and blindsided by the future. As minutes from their own meetings show, when the Panic of ’08 hit, which the Trends Research Institute forecast and named, the Fed was blindsided. Were they stupid then, or just playing stupid? Today, from China’s economy growing at its slowest pace in a quarter century, Japan sinking back into recession, Europe’s stagnant Gross Domestic Product, Asian economies jolted by plummeting exports, emerging-market economies and currencies crashing, commodity indexes gyrating between 1991-to-1999 lows, etc., the “outlook” is clear: Global Recession. What’s the Fed’s position? Fed Vice Chairman Stanley Fischer recently said Fed officials “simply do not know” what course of action to anticipate since “it is still early to judge the ramifications of the increased market volatility of the first seven weeks of 2016.”
Are they stupid, or playing stupid by not seeing the Panic of 2016
Trend forecaster Gerald Celente lays it on the table, dissecting why the bounce back in markets the last few days is bunk. After equity markets worldwide suffered one of the worst starts of a new year in history, stocks suddenly rebounded. For example, the Nikkei closed out last week at its lowest level since October 2014. But what economic fundamentals spiked prices higher this week? Was it the dismal news that Japan’s economy contracted 1.4 percent in the last quarter? No. What boosted stocks prices was the twisted rationale that despite the Bank of Japan firing two rounds of blanks from its “monetary bazooka,” the lousy Gross Domestic Product number was cause to launch yet another round of stimulus. Before Chinese markets opened Monday after being closed for a week, the Shanghai Index had fallen 47 percent since its peak in June. Was it on the rotten news that China’s exports fell 11.2 percent in January and imports plunged 18.8 percent that markets rallied? No. As with Japan, the dismal data was taken as a positive sign that the People’s Bank of China would take bold measures to boost sluggish growth. “Confidence,” trust the effectiveness of the rigged market game, not economic fundamentals, was the rationale for stocks suddenly moving higher. Tuesday’s New York Times headline summed it up: “Global Shares Buoyed by Investor Faith.” Yes, faith in more failed central-bank stimulus and stock and bond buyback sideshows… not faith in true price discovery and robust Gross Domestic product growth.
Don’t the buy the media line that the volatility in global markets is all about oil. It’s not. Not even close. The fast-moving meltdown in those markets resulting in global recession is the eventual price world economies will pay for chronically injecting cheap money into the market for the last decade, artificially pumping up the economy and masking the spreading cancer below the surface. Now, six weeks into the new year, the mad swings in the markets will more and more center on the banks. Watch the banking crisis as it unfolds. Global stock indexes have plunged into bear territory, currencies are crashing – and as commodity prices tumble, resource-rich nations going broke are begging the World Bank and International Monetary Fund to bail them out. Neither “The Panic” nor the Global Recession, one of our Top Trends for 2016, will spare any country, large or small. We are looking at a Global Recession turning into a Global Depression. And when all measures fail to revive the economy – “they take you to war.”
World renowned forecaster Gerald Celente revisits President Obama’s State of the Union address last month when the president stated: “Anyone claiming that America’s economy is in decline is peddling fiction.” Breaking down the fact-based reasons why global recession, one of the Trends Research Institute’s Top Trends of 2016, is inevitable and Obama is the one “peddling fiction,” Celente serves up the facts – growing in number and relevance – to paint a true picture of economies worldwide and what those indicators mean to you. He further explains how global recession will feed social unrest, which is a key indicator of war on the horizon – the “Last World War,” another Top Trend for 2016.
Want to know the truth behind those wild swings in global markets? Listen to this program with global master forecaster Gerald Celente. The facts prove it. With just three trading days left in January, in the history of the Dow Jones, there has never been a new year that has rung in on such a down note. And the wild market ride has spread far beyond Wall Street. Just one week ago, the global equity rout sent the MSCI All-Country World Index into bear territory. From China to Japan, from the UK to France, stocks were down more than 20 percent from 2015 highs. Among the higher-risk emerging markets, stocks dove to their lowest levels since May 2009. Overall, some $15 trillion in global equity values has been lost since the year began. Beyond diving equities, commodity prices are down to 1991 levels, according to the Bloomberg Commodity Index. Thus, among many resource-rich nations whose exports have sharply fallen along with the prices of the commodities they sell, their currencies’ value also has dramatically declined. There’s a rough ride ahead. Prepare. Prevail. Prosper.