Gerald Celente on the powder keg in the Middle East that’s ready to explode

A Powder Keg That Is Ready To Explode

King World News,

29 September, 2018

September 29 (King World News) – Gerald Celente: “We are looking at a powder keg in the Middle East that’s ready to explode. And if oil prices pierce $100 a barrel, we are going to see a global economic collapse and an equity market collapse.

We already have rising interest rates. Look at home sales going down and look at the people lowering the price of their homes. These are facts. Look at the price of gas if you live in California. Some places it costs $4 a gallon. On average gas is in the $3.60s…

Gerald Celente continues: “Then you look at real wages. They haven’t increased. The only reason they have gone up at all is people are working more jobs and longer hours. And when you factor real inflation numbers into it, they are not making anything. They have lost money (in real wages) when you factor in inflation.

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