The new job numbers are out for the month of November. The Labor Department announced that unemployment is declining and was 8.6 percent for last month. Roughly 120 thousand private jobs were created in the month of November, but critics say retail and hospitality jobs aren’t the type of jobs America needs. Others say that this doesn’t make up for the new people joining the workforce. Gerald Celente, publisher of The Trends Journal, sounds off on the issue.
Gerald Celente talks about the merger between government and big business.
(RussiaToday) “ The Greece drama continues. The Greek bailout proposed by the Eurozone has the possibility to bring the world economy to its knees. It has been proposed by to have Greece removed from the Eurozone. This many say is a frantic attempt to help save the drowning currency. Many believe Greece is the scapegoat for a much larger problem. Gerald Celente, publisher at The Trends Journal, gives us his take on the messy situation.
Gerald Celente speaks on trends and the coming presidential election.
A recent report reveals that the US created zero new jobs last month. The last time this happened was in 1945. The unemployment rate is still at 9.1% and projected numbers for the next year show the average unemployment rate at about 9%
Here’s a rundown of some interesting articles that makes you should absorb on Wednesday, August 3rd 2011 . Seriously.
The debt standoff continues and still lawmakers cannot come to terms on a deal. August 2nd is the day that the US is supposed to default and many are concerned on how this will affect the US’s AAA rating. Gerald Celente, publisher of the Trends Journal, tells us the numbers don’t lie.
While president Obama is still discussing the issue of raising the 14.3 million dollar debt ceiling with lawmakers, raising the taxes of wealthy Americans seems not to be an issue. Instead, more cuts are expected for the social programs targeted to the poor. This is pretty much the case with Minnesota, where the government has been shut for more than a week now. There, the Republican-led legislature refuses to raise taxes on even the wealthiest two percent of people and Governor Mark Dayton, a Democrat, doesn’t want to cut any programs. Gerald Celente, director of the Trends Research Institute, joins RT’s Kristine Frazao to speak more on the matter.
Celente says riots from Iran to Spain are the beginning of another world war, precipitated by food prices, unemployment and inequality. Last year he claimed that 2011 would bring “Off With Their Heads 2.0³ and the prediction is going well so far.
The Middle East protests have fueled more than just a change in Democracy; it looks like these political outbursts will affect the gas pump as well. There are reports that crude oil could rise up to 200 dollars a barrel. Director of the Trends Research Institute Gerald Celente says the role of the Federal Reserve, interest rates and the potential oil crisis out of the Middle East could be detrimental to the United States economy.