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article imageGerald Celente: The US Dollar is finished

By Andrew Moran     Oct 8, 2009 in Business
Publisher of the Trends Journal and business consultant, Gerald Celente, believes the United States Dollar is finished and that would mean an economic disaster for the US and the entire world.
There have been reports published by The Independent that Middle Eastern nations and other countries like Russia and China are holding secret meetings to begin trading oil in other currencies, thus ending the US Dollar supremacy.
Gerald Celente, who is the Director of the Trade Reseach Institute and an author who predicts global financial markets and other events that have significant historical importance, sat down with Russia Today on Wednesday to discuss the current state of financial affairs and the US dollar.
There are many proponents of financial experts and public officials who support ending the Federal Reserve System and one of these men is Celente himself who believes, "We can’t print money out of thin air, backed by nothing and producing practically nothing."
The Publisher of Trends Journal, who has appeared on many televisions shows such as The Oprah Winfrey Show, Good Morning America, The Today Show and many others, went on to further state, "It is more than just the demise of the dollar – this is going to be felt worldwide. There’s a major financial crisis ahead. The United States, the world’s superpower, is failing on its most basic level."
"Building trade deficits that caused an excess of several hundred billion dollars to bailout financial institutions and then it was reinstituted under President Barack Obama by printing hundreds of billions of dollars of valueless money and the whole world knows it."
More about Gerald celente, Dollar crisis, Federal reserve
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