Author: Gerald Celente

The German car industry is “in the middle of a far-reaching upheaval,” said Herbert Diess, the chief executive of Volkswagen (VW).  Last spring, the company said they laid off 7,000 employees to pay for research and development of electric vehicles (EV).  VW has cut 30,000 employees just within the last three years.  VW owns Audi,...

Last week, multi-billionaire Michael Bloomberg, the former New York City mayor and well-known business tycoon, announced he was seeking the Democratic nomination for president. His announcement was preceded by a nearly $40 million media blitz. Bloomberg has said he will commit at least $500 million to his campaign. Under the rules of the Democratic National...

U.S. equities hit new highs this week.  While the biggest of U.S. companies have reduced spending on equipment and other capitalist investments, the cheap money flow into the equity markets keeps pushing the overvalued stocks higher. According to Atlanta Federal Reserve reports, one in five manufacturers cut spending in the first half of 2019. In...

There are now calls from the OCED, the IMF, and the ECB for more government fiscal stimulus, as the monetary fixes are reaching their limits. For example, in Canada, they lost some 1,800 jobs in October. The loss was offset by the government taking taxpayer money to create public sector jobs, which will cost in...

This past Friday, ECB President Christine Lagarde warned of a sluggish economy, and she stepped up her call for the ECB to inject fiscal stimulus to boost the bloc’s growth. “We have a unique possibility to respond to a changing and challenging world by investing in our future, strengthening our common institutions, and empowering the...

This past Sunday’s elections were seen as a referendum on the extended street protests gripping Hong Kong for nearly six months. With 95 percent of the vote counted, all but one of the 18 local districts are now under the political control of pro-democracy councillors. Previously, all of the city councils were much more accepting...

As Gerald Celente stated in a Publisher’s Note in last week’s Trends Journal, when it comes to the U.S. and Latin America, “It’s all about the bottom line: the money corporations can make by robbing and killing anyone that tries to stop them.”   In an interview last week, ousted Bolivian President Evo Morales stated...

Last Thursday, hundreds of thousands of Columbians throughout the country began a national strike. The protest is against proposed austerity measures that would specifically weaken the state-run pension program counted on by millions of workers, while at the same time offering a lucrative tax cut for the wealthy.   In addition, the proposals would cut...

For the first time in Israel’s history, a sitting prime minister has been indicted. Benjamin Netanyahu, the country’s longest serving PM, has been charged with one count of bribery, three counts of fraud, and breach of trust. Investigation into Netanyahu began in 2016 and includes exchanging favors with media owners for favorable coverage and offering...

The past two weeks of public congressional impeachment testimony saturating the U.S. mainstream media was whether President Trump had held back $391 million of military aid until the Ukraine government launched an investigation into Joe Biden’s son, Hunter Biden, pertaining to Hunter’s business deal with Burisma Energy, which earned him some $3 million as a...