The Watchman On The Wall

The Watchman On The Wall
Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Verse 13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

Saturday, August 8, 2015

Gerald Celente Predicts Financial Collapse By End of the Year WR15-221


we are witnessing global de-stabilization of the first magnitude and it is getting worse. Just look at the growing list of casualties: Iraq, Syria, Ukraine, Greece, Yemen, China, Libya, Puerto Rico, Mexico, Portugal, Spain, etc. 

Gerald Celente is a little quirky but he has an excellent record forecasting trends in the world. 

Celente provides the following facts (I find it hard to grasp the astronomical numbers involved): 
1. $4 trillion dollars has been lost in the Chinese stock market 
2. the Chinese government has pumped in 400 billion to prop up the stock market
3. the Chinese govt. has banned stock sales by major shareholders
4. the govt. has banned IPOs
5. employment in China has fallen 21 straight months
6. the Chinese stock and financial markets are rigged like the U.S. and European financial and stock markets. 

Gerald Celente said, “rarely do I ever put a date on market crashes.  I did it in 1987 when I forecast the 1987 stock market crash — that was in the Wall Street Journal.  I also forecast the ‘Panic of 2008,’ and the 'dot-com bust' in October of 1999, when I said it (the dot-com mania) would fail in the second quarter of 2000.”

 “I’m now predicting that we are going to see a global stock market crash before the end of the year.  It’s not only going to be the Dow, it’s going to be the DAX, the FTSE, the CAC, Shanghai, and the Nikkei.  There’s going to be panic on the streets from Wall Street to Shanghai and from the UK down to Brazil.  You are going to see one market after another begin to collapse.” Listen to his interview below. Below, do you know who that person is in the magazine cover?

Watch Celente's video about China below.

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