Posted: 16 Sep 2009 12:59 AM PDT
15 September, 2009, 08:28
"It hasn't ended. That was only the beginning. We are going to see a lot more. There is no recovery, it's a cover-up. They're covering it up with stimulus packages, with buy outs, with bailouts – it's not going to fix the problem," Says Gerald Celente
September 15 marks the economic 9/11 that shook the US last year. Global financial services firm Lehman Brothers collapsed and became a symbol of the largest bankruptcy in American history.
It also caused a global downturn which many were not prepared for. The past year has seen global economies brought to their knees, forcing governments to rethink and rebuild.
Now some are saying that the worst has passed and economies are beginning to revive both on national and international levels.
As for the United States, President Barack Obama is optimistic about the country's situation:
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