%s1 / %s2
 
NEDERLANDS  |  ENGLISH
  • economy
  • iran
  • e-voting
  • 9/11
  • media
  • top stories
  • read
  • news archive
  • by deepjournal
2 June 2011  |     mail this article   |     print   |    |  Prison Planet
Strategist: World On The Verge Of Great, Great Depression And The Fed Knows It
Watch the video

By Steve Watson

A notable market strategist has told CNBC that the world is on the verge of the largest financial meltdown in history, warning that Wall Street is at a loss as to what to do regarding the ailing economy.

“Interest rates are amazingly low and that, thanks to Ben Bernanke, is driving everything,” said Peter Yastrow, of Yastrow Origer.

“We’re on the verge of a great, great depression. The [Federal Reserve] knows it.” the futures trader added.

“What we’ve got right now is almost near panic going on with money managers and people who are responsible for money,” he said. “They can not find a yield and you just don’t want to be putting your money into commodities or things that are punts that might work out or they might not depending on what happens with the economy.”

Yastrow described betting against the U.S. economy as “a huge mistake”, adding that he would not sell stocks at this point.

Any bears out there better be careful because the dividend yields on these stocks look awesome relative to all the other investment vehicles out there,” Yastrow said. “So bears are going to have to find a new way to express their discontent with the U.S. economy.”

Watch the video:

____________________________________________________________________________

DeepJournal
Sign up for the free mailing list.
12 September 2013  |  
Why is Syria under attack? - Part 4
When you peek below the surface, it becomes clear that Syria is under attack due to the interests of the parties involved. ‘Syria’ is about power, money, influence and energy.
10 September 2013  |  
Why is Syria under attack? - 3
8 September 2013  |  
Why is Syria under attack? - Part 2
In the event of major military conflicts that risk considerable humanitarian and economic consequences, it is useful to examine the interests of all parties involved as well as the role that the media plays in reporting the events.
7 September 2013  |  
Why is Syria under attack? - Part 1
On the surface it’s straightforward: the U.S. wants to liberate Syria from a brutal dictator who is attacking his own people with poison gas. But beneath the surface there is something very different going on.
28 August 2012
Daan de Wit (DeepJournal) interviewt Webster Tarpley op het Magneetfestival
Het Magneetfestival gaat de diepte in met vier interviews. Daan de Wit interviewt Webster Tarpley, Albert Spits, en Mike Donkers.
Contact - About - Donate - RSS Feeds - Copyright © 2006 DeepJournal, All rights reserved