Fed Can’t Bail This Out - It’s a $200 Trillion Debt Bomb Warns Celente

2 months ago
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Fed Can’t Bail This Out - It’s a $200 Trillion Debt Bomb Warns Celente

https://www.youtube.com/watch?v=-BtHuyhWHBU

“I’m telling you, the debt level is over $37 trillion… and some say over $200 trillion when you include all the other obligations,” says Gerald Celente, editor of the Trends Journal. “There’s no way in the world they’re going to be able to pay this off.” In today's interview with Daniela Cambone, Celente warns the Fed is running out of options and predicts the rise of a central bank digital currency: “They’re going to come out with another currency to do away with the dollar. That’s my belief.”

Celente also dives into gold, markets, and geopolitical risks, explaining why lower interest rates fuel inflation and why gold prices continue to rise: “The lower interest rates go, the deeper the dollar falls. The deeper the dollar falls, the higher gold prices go.”

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