Monday, August 22, 2016
The Economy: “A Warning? Why Did Donald Trump Just Do This? Gerald Celente Weighs In”
“A Warning? Why Did Donald Trump Just Do This?
Gerald Celente Weighs In”
by Lisa Haven
Recently Donald Trump told Fox Business that he had cashed out of the stock market, and that he foresees “very scary scenarios” ahead for investors. Could this signal some type of coming castatrophe for our economy? Or is there more to it than that? Gerald Celente joins Gary Franchi’s Next News Network to explain these “scary scenarios.”
The world’s leading investors have been warning that we are on our way to one of the largest market crashes in history. The sad truth is, most people are in absolute denial over the actual state of the economy.
“As long as you don’t look too closely at our nation, things seem under control- the United States looks whole, but when you go around to the ‘dark back side’ of the nation, you see the shocking truth. There you see a nation whose core fundamentals have been hollowed out.” Those are the staggering words of Thom Hartmann in his book, “The Crash of 2016: The Plot to Destroy America- And What We Can Do to Stop It.” Thom Hartmann predicted that sometime in 2016 America would be faced with an economic crash, and based off our recent statistics, Mr. Hartmann just might be right!
But he’s not the only one who is warning of a 2016 crash. Jeremy Grantham, founder of GMO and widely remembered for warning about the 2000 market crash and the 2008 financial crisis, warned last year that we could be looking at a crash in 2016. A crisis that will likely be worse then the Great Depression. According to The Financial Times: “Mr Grantham is uncertain what could trigger the next crisis, pointing out that bubbles do not burst simply because financial assets are overvalued. But he argued that by late 2016 markets would probably be extremely vulnerable to a crash, given lofty valuations.”
Best selling author Robert Kiyosaki also warned that stock market manipulations could result in a crash bigger then what happened in 2007. In fact he predicted in his book, “Rich Dad, Poor Dad,” that a market crash could hit America in 2016.
As our time clock ticks further into the 2016 year it seems that these three mens predictions just might be right. According to multiple statistical charts now surfacing across the web, the possibility of a recession is imminent: