Not too long ago, the 20th century was called “The American Century.” Not only was Uncle Sam the world’s military superpower from the end of World War II through the next several decades, he was an unstoppable economic heavyweight. But after years of squandering the nation’s precious human, scientific, technological and economic resources on waging...
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What would happen if Russia and China dumped all their dollars?
Dear Mr Celente, Can you please clarify if in fact at anytime Russia and primarily China would consider dumping all US dollars simultaneously, economically crippling the United States (through inflation) and in turn seriously impacting the United States as a influential figure on the world stage. Now my questions are. Are the powers at be...
Lies, damn lies and government lies
An objective review of the economic data indicate that the U.S. economy is approaching a second downturn of the recession that began in 2008. Real Gross Domestic Product (GDP), real median household income, payroll employment, real retail sales, housing starts, and consumer confidence dropped sharply during 2008 and 2009 and have not recovered their previous...
Is gold still golden?
Turn on the cable business shows, read the financial papers, listen to the media’s prized “experts,” hear it from billionaires, and most of all, pay attention when Mr. Big speaks. The message is essentially the same: Gold is a loser’s game. We begin with media favorite Nouriel Roubini, New York University’s own and a member...
Political craziness
In this question-and-answer feature with Trends Journal Publisher Gerald Celente, we spend some time on the impact the political craziness in Washington has on your life. Who does Celente blame for the paralysis that has overtaken political leaders in D.C. and across the globe? We also explore a number of global economic developments that are...
The bitcoin bubble
The buzz about bitcoin has become a roar over the past year as the digital currency has undergone a wild spike, fall, and subsequent rise in valuation. Its fluctuation from $11 per bitcoin (BTC) at the start of November 2012 to well over $1,000 per BTC in late November 2013 has made it fodder for...
Death of the dollar
Considering the rate at which U.S. public debt has been increasing and dollars printed to finance it, the dollar’s exchange value has survived longer than expected. The U.S. dollar began to crumble in 2011 when gold hit $1,900 per ounce. But the Federal Reserve discovered that it or its dependent bullion banks (Goldman Sachs, JP...
Venezuela
This South American country of 29 million, which the American public knows little about but learned to dislike during the 14-year rule of the late Hugo Chávez, is in the midst of economic calamity, political violence and social unrest. Inflation is galloping along at nearly 60 percent. There are widespread shortages of basic foods and...
Uprisings span four corners of the globe
Take a trip around the world. Add up the conflicts. With each passing day you’ll count a new round of violence. Political tensions, ethnic strife, regional divisions, religious differences … the issues are complex. But at the bottom of it all is the bottom line. From general strikes and unrest in Argentina and Venezuela, where...
Stagnation rules the world’s economy
In this question-and-answer session, Trends Journal Publisher Gerald Celente fields a series of questions covering emerging and stagnant economic trends. The questions are designed to reflect the dominant trend lines fueling economic realities across the globe that directly affect your ability to survive the uncertainty and seize opportunities to thrive. What do you make of...