Gerald Celente: The Prestitutes are Out to Pillage All Accounts
The Banks do not have any money or Gold - just a lot of hot air says trends master Gerald Celente.
Alex Jones talks to Gerald Celente about an update on the theft of his money by MF Global. This has NEVER happened before!
Now that ‘RJO & Associates’ robbed Gerald Celente’s 6 figures account he sees Economic Martial law and Bank Run coming after the holidays. A bank run (also known as a run on the bank) occurs when a large number of bank customers withdraw their deposits because they believe the bank is, or might become, insolvent.
As a bank run progresses, it generates its own momentum, in a kind of self-fulfilling prophecy (like a positive feedback loop): as more people withdraw their deposits, the likelihood of default increases, and this encourages further withdrawals. This can destabilize the bank to the point where it faces bankruptcy.