Gerald Celente: 'IMF - International Mafia Federation'

Gerald Celente: IMF - International Mafia Federation


The Greek Parliament has just passed a plan for new austerity measures,
but tensions remain high on the streets, showing that frustration levels are only growing. Meanwhile in the UK half a million public sector workers took to the streets to protest governmental plans to change their pensions and freeze pay. In Washington the debt ceiling talks seem to be leading nowhere either - and all of this is backed by some more bad news: the latest jobless numbers are in and last week jobless claims were at about 428,000. That means for the last 12 weeks jobless claims have remained over 400,000. Gerard Celente, the director of the Trends Research Institute, shares his thoughts.

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Should the IMF turn towards BRICs nations?

Should the IMF turn towards BRICs nations?



Following the downfall of Dominique Strauss-Kahn, the IMF is searching for new leadership. Is it time for someone from a BRICs country to step up to the plate? Raj Doshi of Mani Capital, Inc. says BRICs nations are the backbone of the global economy and perhaps the best solution would be for them to break off from the IMF and start their own fund altogether.

EU pessimism vs. US optimism

EU pessimism vs. US optimism


Most Americans are optimistic for a financial turnaround and expect the US economy to rebound. However, England and the European Union aren't convinced and remain pessimistic about a recovery. Michel Chossudovsky from the Center for Research on Globalization says that most Europe countries are functional welfare states. They have public healthcare, pension funds as opposed to the US that does not and most of the services are privatized.

2 years of economic doom, is the future clearer?

2 years of economic doom, is the future clearer?


As the US marks the second anniversary of Lehman Brothers bankruptcy - the biggest in US history, the economic outlook continues to look grim. RT's Anastasia Churkina looks at what America has been through since the collapse and what could follow next.

US economic outlook 'clouded'

US economic outlook 'clouded'


was exactly 2 years ago today that Lehman Brothers filed for bankruptcy when it could not find a buyer and the US Government would not bail out the company. So, what has changed to ensure that this will never happen again? Unfortunately, the United States financial forecast is still cloudy two years after the collapse of Lehman Brothers.