Trends forecaster Gerald Celente on the looming financial crisis and how to prepare for what’s to come


Plosser says economy is now in state of permanent shock

“It certainly looks like we’ve had a permanent shock” in the wake of the housing-market bust and resulting recession, Mr. Plosser told a gathering of economists in San Diego. But when it comes to understanding the causes and results of that event, observers “won’t know the answer for many years.”

Morici: Economy Isn’t Growing Due to Two Words – Barack Obama 
The U.S. economic recovery is inadequate, and President Barack Obama is the culprit, says Peter Morici, an economist and business school professor at the University of Maryland. He was unimpressed with the 155,000 gain in December payrolls announced Friday. We need to…