News :The bailout bubble the mother of all bubbles is about to burst warns Gerald Celente

Gerald Celente was this morning on CNBC for a brief interview , he warned about the coming bailout bubble which he called the mother of all bubbles , the collapse of the financial system ...when this bubble burst there is no de-inflating it ...the terminology of the merging between the state and corporate power according to Mussolini is called fascism we call this a fascism light....a possible outcome could be a world scale war
here are some Gerald quotes from this Interview :
"As the Federal Reserve throws more and more money at the economic crisis and holds interest rates down at historic lows, it could be inflating a devastating 'bailout bubble,'"

"We're looking at a bailout bubble that's way bigger than the dotcom bubble before it and the real-estate bubble that we're now getting out of, or attempting to,"

"This is unprecedented; the economic system is being restructured,"

"The real-estate bubble was born out of the aftermath ! of the dotcom bubble because the Fed slashed interest rates and made more funds available".

"But because the US government now has a vast equity position in financial institutions, it could mean that there is no bouncing back if a bailout-induced bubble bursts"

"When this bubble bursts, there's no reinflating it because of the government intervention into it so deeply,"

"As you look through history, it seems like governments become emboldened by their failures," he added.


"We could call this fascism lite," he said, referring to the government involvement in free enterprise. "After these kind of catastrophic collapses, sometimes they're followed by war."

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