Gerald Celente of The Trends Journal observes that interest rates are going up and this could mean that stocks, housing, and economies could be going down. Debt keeps going up and how much longer can the world continue on? The world cannot take higher rates. The party is ending. In February markets starting going down and it was attributed to rising wages. However, when we look behind the headlines we see that supervisory wages were up most and regular laborers saw smaller increases. Housing is taking a hit. Sales are down and inventories are at normal levels. Any decrease will immediately be affected in lower prices.
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