Gerald Celente | Global Currency Watch with Stephen Ayre

In this radio interview with Gerald Celente he covers a multitude of topics including:

• The Euro and the US are locked in a debt burden downtrend
• More QE3 on the way in the USA
• Major countries such as China and India lowering their interest rates to flood the environment with cheap money
• A new world currency with gold part of it is needed; “Digital paper is not worth the paper it is not printed on”
• USA has debts of $60 trillion and counting; only way to reduce this debt is to devalue the currency
• A world depression is going on; What follows are currency wars, trade wars and world wars
• The IMF should be called the International Mafia Federation where only the small people pay taxes
• Still no charges in MF global; When you merge State and corporate powers you get fascism
• Support the local farmers markets and break the corporate cycle of corruption