‘S&P downgrade is an Archduke Ferdinand moment’ – Gerald Celente
The stock market dropped dramatically today (8/9/11) – the Dow plunged more than 600 points. Apparently the US lost it’s triple a credit rating Friday – it was downgraded by S&P. The ratings agency downgraded Fannie Mae and Freddie Mac, which inspired the mainstream media headlines across the country. Gerard Celente of Trends Research Group answering the question, where is the country and the global economy heading to.
Gerald Celente on RT:
Gerald Celente on Brian Sussman KSFO 560: