Episode 104: GoldMoney’s Alasdair Macleod talks to Gerald Celente, founder of the Trends Research Institute. Mr Celente expresses his concern with the ballooning Federal Reserve balance sheet and the officials, whom didn´t see the previous crisis and are now responsible for the current solutions. Alasdair Macleod extends this thought to Europe for further discussion.
The art of blowing bubbles and an interest rate renaissance, delivered in the passionately dulcet New York tones of Mr Celente leads on to his current view of how corrupt things have become. From the outrage of the recent admittance by the US Attorney General that some banks may be too big to jail, to the austerity measures and how they are skewed towards advancing such institutions whilst the average man on the street suffers.
The discussion then moves on to geopolitics, old colonial power games, currency wars, and revolutions in Europe. Mr Celente expounds his current thoughts on all of these topics and much more, including an old recollection of Beppe Grillo and why he may hold the key to better-run democracies.
This podcast was recorded on 12 March 2013.