Gerald Celente – The Great Panic Of 2015 Is Now On
KingWorldNews.com
January 21, 2015
On the heels of the ECB announcing they are seeking to inject 1.1 trillion euros into the European financial system in a desperate attempt to fight off deflation, today the top trends forecaster in the world told King World News that this is just more evidence that the Great Panic of 2015 is now on.
Eric King: “Gerald, as you know we just had the interview with the former White House official. Dr. Malmgren, the former presidential advisor and member of the U.S. President’s Working Group on Financial Markets, pointed out that the Swiss move was a historic 58-sigma event and also stated that the faith in central banks has been shattered after massive losses have been incurred.”
Celente: “It was a historic move because these are historic times and the central banks are making history. Look at what is going on. You are seeing negative interest rates in many countries throughout Europe. This is unheard of. Also, the Federal Reserve hasn’t raised rate since 2006 and now there is talk that they may not raise them until 2016. That’s a remarkable 10 years of not raising interest rates….
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