Monday, 5 September 2011

Gerald Celente: Economy is going to get much worse


by on Sep 3, 2011

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%. With these numbers, many Americans question if President Obama's jobs creation plan, due to be unveiled next week, will have any effect on the economy. Gerald Celente, director at Trends Research Institute, helps us peer into the future.

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