Celente: “Greece Should Have Never Been in the Euro”

from Boom Bust

Oil futures jumped more than 6% on Thursday following the start of Saudi Arabian airstrikes in Yemen in an effort to defend Yemen’s existing government against Iranian-backed Houthi rebels, who have driven the Yemenite president from the capital of Sanaa. However, the military operation against Yemen hasn’t yet affected the oil facilities of other major Gulf producers. Fears that the conflict could spread stoked concerns about Middle East oil shipments, which caused oil prices to rally for a second straight day Thursday. Erin weighs in.

Then, Erin sits down with Gerald Celente – author and publisher of the Trends Journal. Gerald tells us what geopolitical effects the airstrikes will cause and gives us his take on the protests that followed the new ECB building in Germany. He also speaks somewhat negatively about the prospects for the European economy and Greece’s ability to prevent more austerity to come.

After the break, Erin is joined by Richard Wolff – visiting professor of international affairs at The New School and expert in Marxist economics. Richard tells us what he expects to happen if and when the Fed raises rates and also gives us his different takeaways from what’s going on in Europe.

And in The Big Deal, Erin, Edward, and Bianca go over viewer comments posted on social media.

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