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Greatest Depression is Coming

Economic forecaster: ‘Greatest Depression’ coming

By Daniel Tencer

Collapse of middle class means there’s no fuel for recovery, Gerald Celente argues

The US economic recovery in recent quarters is little more than a “cover-up” and the world is headed for a “Greatest Depression,” complete with social unrest and class warfare, says a renowned economic forecaster.

Gerald Celente, head of the Trends Research Institute, told Yahoo!News’ Tech Tickerthat there’s no risk of a “double-dip recession” because the first “dip” never ended.

http://rawstory.com/rs/2010/0820/economic-forecaster-greatest-depression-coming/

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