Is the Greatest Depression underway?

Aug 20, 2010 @ 04:03 pm jaymie Is The Greatest Depression Underway?

Gerald Celente, founder of the Trends Research Institute, says the fake "recovery" was nice while it lasted but now the fun's over and we're headed for what Celente describes as the "Greatest Depression."

The crux of the problem, Celente argues, is that the middle class has been wiped out. America used to be a land of opportunity for all, where hard-working people could build their own small businesses in their own communities and live prosperous and fulfilling lives. But now a collusion of state and corporate interests that Celente describes as "fascism" have conspired to help only the biggest companies and the richest Americans.

There is too much government intervention, saving the big guys and hurting the entreprenuer. As long as we have a government that reinforces failure and chokes success we will not have prosperity.