Gerald Celente: “The entire system is collapsing” 18th june 2010:


US unemployment claims on the rise permalinke-mail story to a friendprint version Published 18 June, 2010, 02:06 Edited 18 June, 2010, 05:32 The number of people filing new claims for unemployment benefits in the US has jumped after three previous declines, a sign layoffs have not slowed. Yahoo StumbleUpon Google Live Technorati del.icio.us Digg Reddit Mixx Propeller According to the US Labor Department, jobless claims rose by 12000 to an adjusted total of 472000. What does this mean for the overall US and global economies — are they headed for a more European system? “No,” said Gerald Celente, the director of the Trends Research Institute. He continued, “That’s breaking down as well. Now they’re imposing austerity measures. The entire system is collapsing. We’ve been saying this since the crash began in 2008. They’re only trying to pump it up with stimulus money and it’s not working. So, were going to see more unemployment. There is no way they can keep the system afloat by just dumping more money into it.”

Popular Posts:

Related Posts:

9 Responses to “Gerald Celente: “The entire system is collapsing” 18th june 2010:”

  • demonkorngod666:

    @CandyKoRn Love the name!

  • jobedied:

    The American government is a lackey of corporate banking world it is that simple that easy to say and write and totally true. The gulf oil spill will never be cleaned up the gulf states are going to be the first to crash the oil companies will be getting 10 bucks a gallon for fuel. Even if you own your home you will never be able to afford utilities. Get used to sleeping with lots blankets in winter. The banks will end up owning all homes mortgaged or not.

  • gallogotti79:

    @DeathOfTheDollar2010 Agree, but I think sooner by January at the latest! Glad some people like you and myself know whats going on, this is truly whats gives me hope!!

  • fgth1984:

    @fullhouse41 Thank you for your comment. Stay awake and informed.

  • fullhouse41:

    @fgth1984 I agree with you 110%. I especially like it when he bashes our Government : ” there is not a man among them !! ” I’ll be damned if he isn’t on the money again there.

  • DeathOfTheDollar2010:

    We have 6 months max to get our lives ready for the total collapse!

    AmericanSurvival101 dot com

  • fgth1984:

    I like Gerald Celente, this guy speaks the truth and cuts through the bullshit and makes it easy for anyone to understand.

  • wakeup2nwo:

    @CandyKoRn no problem!

  • CandyKoRn:

    Not long now…

    Thanks for the upload!

Leave a Reply