Celente: No Way Out As Global Ponzi Scheme Collapse Begins

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gerald-celente5Today the man who remarkably predicted months ahead of time that the Fed would taper in December, then again in January, and who also predicted the global market plunge that we are now seeing, warned KWN that there is no way out this time for central planners as the global Ponzi scheme has now begun to collapse.  He also discussed the incredible turmoil taking place around the world.  Below is what Gerald Celente, founder of Trends Research and the man considered to be the top trends forecaster in the world, had to say in this remarkable interview. Eric King:  “Gerald, so far this chaos is unfolding exactly as you said it would with the market turmoil around the world.  Some of the market participants are becoming a bit shocked at what’s unfolding here, but you called it to perfection.  My question to you is, where do we go from here?” Celente:  “Global markets…

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USAF MiG-21F-13s at Tonopah.

The Lexicans

Before you read on if you haven’t been in-briefed on Have Doughnut go read.

Have Doughnut was the combat evaluation of the Soviet-built MIG-21F-13 (NATO codenamed) “Fishbed-C.” The F-13 version of the -21 is an early version of the ubiquitous MiG-21 family. It was the first short range day fighter version of the -21 to be placed in mass production and was the first variant to use the K-13 air-to-air-missile. The -21F13 was also in service with the North Vietnamese Air Force and saw regular combat against USAF and USN combat aircraft in-theater.

Constant Peg was a training program that took Have Doughnut a step further an under the auspicies of the 4477th Test and Evaluation Force. The “Red Eagles” as they became known, equipped with the MiG-21F-13,  provided a somewhat formalized training environment, for both USAF and USN fighter pilots that saw the MiG as the primary…

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28 Signs That The Middle Class Is Heading Toward Extinction

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Dilapidated House In IndianaThe death of the middle class in America has become so painfully obvious that now even the New York Times is doing stories about it.  Millions of middle class jobs have disappeared, incomes are steadily decreasing, the rate of homeownership has declined for eight years in a row and U.S. consumers have accumulated record-setting levels of debt.  Being independent is at the heart of what it means to be “middle class”, and unfortunately the percentage of Americans that are able to take care of themselves without government assistance continues to decline.  In fact, the percentage of Americans that are receiving government assistance is now at an all-time record high.  This is not a good thing.  Sadly, the number of people on food stamps has increased by nearly 50 percent while Barack Obama has been in the White House, and at this point nearly half the entire country gets money from…

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