Director of the Trends Research Institute Gerald Celente believes the unexpected annual US GDP growth of 3.5 percent over the last three months isn't proof of a long-term recovery.
The GDP rise is a result of the trillions of dollars between the Bush administrations top program and President Obamas $787 billion stimulus package temporarily juicing the economy, he said. They are printing paper money backed by nothing.
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The GDP rise is a result of the trillions of dollars between the Bush administrations top program and President Obamas $787 billion stimulus package temporarily juicing the economy, he said. They are printing paper money backed by nothing.
More on Celente