Economy Will Crash, World War III Coming-Gerald Celente

Gerald Celente: When Interest Rates go Up, the Economy is Going to Crash Down!By Greg Hunter’s USAWatchdog.com

Renowned trend researcher, Gerald Celente, said at the beginning of 2014 that the economy would tank and war is on its way.  It looks like his predictions are coming true.  On the economy, Celente contends, “This whole so-called recovery has been built up on unprecedented levels of cheap money.  They keep dumping it into the market.  They keep pushing it out there, and it’s not only in the United States.  You have, over in Europe, you have negative interest rates.  You now have, coming out of China, their debt to GDP ratio is over 250%.  You are going to see default coming about in Argentinian bonds.  You are looking at one crisis adding up after another.  You heard Janet Yellen, the Fed Chief, come out a week ago warning there is trouble in the so-called housing recovery in the United States. . . . So, what is going to happen?  When interest rates go up, the economy is going to crash down. . . . They have built up an even bigger bubble.”

On the possible wars, we start with the Ukraine crisis.  Celente contends, “I remember when Flight 800 went down off the coast of Long Island in the late 1990’s.  People said they saw missiles shooting up at it.  What did they tell us?  Don’t rush to judgment.  We’re going to get to the bottom of this.  It went on for months, if not years.  Within minutes after that Malaysian airline went down, the rush to judgment already began.  A plane was shot out of the air and it looks like Russian separatists did it, and they couldn’t do it on their ow