This is topic Celente Predicts Revolution, Food Riots, Tax Rebellions By 2012... in forum Off-Topic Post, Non Stock Talk at Allstocks.com's Bulletin Board.
Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be "worse than the great depression"
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
"We're going to see the end of the retail Christmas....we're going to see a fundamental shift take place....putting food on the table is going to be more important that putting gifts under the Christmas tree," said Celente, adding that the situation would be "worse than the great depression".
"America's going to go through a transition the likes of which no one is prepared for," said Celente, noting that people's refusal to acknowledge that America was even in a recession highlights how big a problem denial is in being ready for the true scale of the crisis.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as "The Panic of 2008," adding that "giants (would) tumble to their deaths," which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 per cent.
The consequence of what we have seen unfold this year would lead to a lowering in living standards, Celente predicted a year ago, which is also being borne out by plummeting retail sales figures.
The prospect of revolution was a concept echoed by a British Ministry of Defence report last year, which predicted that within 30 years, the growing gap between the super rich and the middle class, along with an urban underclass threatening social order would mean, "The world's middle classes might unite, using access to knowledge, resources and skills to shape transnational processes in their own class interest," and that, "The middle classes could become a revolutionary class."
In a separate recent interview, Celente went further on the subject of revolution in America.
"There will be a revolution in this country," he said. "It?s not going to come yet, but it?s going to come down the line and we?re going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen."
"The first thing to do is organize with tax revolts. That?s going to be the big one because people can?t afford to pay more school tax, property tax, any kind of tax. You?re going to start seeing those kinds of protests start to develop."
"It?s going to be very bleak. Very sad. And there is going to be a lot of homeless, the likes of which we have never seen before. Tent cities are already sprouting up around the country and we?re going to see many more."
"We?re going to start seeing huge areas of vacant real estate and squatters living in them as well. It?s going to be a picture the likes of which Americans are not going to be used to. It?s going to come as a shock and with it, there?s going to be a lot of crime. And the crime is going to be a lot worse than it was before because in the last 1929 Depression, people?s minds weren?t wrecked on all these modern drugs ? over-the-counter drugs, or crystal meth or whatever it might be. So, you have a huge underclass of very desperate people with their minds chemically blown beyond anybody?s comprehension."
The George Washington **** has compiled a list of quotes attesting to Celente's accuracy as a trend forecaster.
"When CNN wants to know about the Top Trends, we ask Gerald Celente." ? CNN Headline News
"A network of 25 experts whose range of specialties would rival many university faculties." ? The Economist
"Gerald Celente has a knack for getting the zeitgeist right." ? USA Today
"There?s not a better trend forecaster than Gerald Celente. The man knows what he?s talking about." - CNBC
"Those who take their predictions seriously ... consider the Trends Research Institute." ? The Wall Street Journal
"Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most accurate forecasters around." ? The Atlanta Journal-Constitution
"Mr. Celente tracks the world?s social, economic and business trends for corporate clients." ? The New York Times
"Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority." ? 48 Hours, CBS News
"Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing." ? The Detroit News
"Gerald Celente forecast the 1987 stock market crash, ?green marketing,? and the boom in gourmet coffees." ? Chicago Tribune
"The Trends Research Institute is the Standard and Poors of Popular Culture." ? The Los Angeles Times
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente." ? New York Post
So there you have it - hardly a nutjob conspiracy theorist blowhard now is he? The price of not heeding his warnings will be far greater than the cost of preparing for the future now. Storable food and gold are two good places to make a start.
Posted by Propertymanager on :
quote:The price of not heeding his warnings will be far greater than the cost of preparing for the future now. Storable food and gold are two good places to make a start.
The government has been spending millions of dollars on advertising to tell us to stock up on food and medicine for over 2 years now. I think they've known where we're headed the entire time. In addition to food and gold, don't forget the bullets!
Posted by glassman on :
quote:Originally posted by Propertymanager:
quote:The price of not heeding his warnings will be far greater than the cost of preparing for the future now. Storable food and gold are two good places to make a start.
The government has been spending millions of dollars on advertising to tell us to stock up on food and medicine for over 2 years now. I think they've known where we're headed the entire time. In addition to food and gold, don't forget the bullets!
care to back that claim up with some proof?
i have yet to see one ad telling us to: stock up on food and medicine for over 2 years now
and i sort of follow the agency that would have taken this job on fairly closely...
Posted by bdgee on :
It's easy to predict the future after the fact, glass...and that's what PM is doing, predicting the collapse of the market after it failed.
Only a couple of months back, he was loudly and constantly proclaiming the power of the free market and that the free market could handle anything and everything and would, if only the government stayed out.
Well, the Government stayed out for years, right up to the end, and the free market didn't help squat!
Posted by glassman on :
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente." ? New York Post
have you ever actually read Nostradamus? or Edgar Cayce?
i have, and it would be no problem to do better than either one of them...
all this doom-n-gloom stuff is self fulfilling.
the stock market corrected to the 1100 level and then tanked more due to Bush and Paulson announcing that they needed 700 billion... that's when people really began pulling money from their funds...
what people are failing to keep in mind is that the people that got out LAST year are already getting back in now...
look at the DJI and the S&P chart carefully on the one and three month time frames...
Posted by Ace of Spades on :
quote:Originally posted by Propertymanager:
quote:The price of not heeding his warnings will be far greater than the cost of preparing for the future now. Storable food and gold are two good places to make a start.
The government has been spending millions of dollars on advertising to tell us to stock up on food and medicine for over 2 years now. I think they've known where we're headed the entire time. In addition to food and gold, don't forget the bullets!
What type of gun do you recomend??
A 9mm....or something a little more Gangsta like 50 cent, and get a street sweeper!!!
Posted by glassman on :
quote:Originally posted by bdgee: It's easy to predict the future after the fact, glass...and that's what PM is doing, predicting the collapse of the market after it failed.
Only a couple of months back, he was loudly and constantly proclaiming the power of the free market and that the free market could handle anything and everything and would, if only the government stayed out.
Well, the Government stayed out for years, right up to the end, and the free market didn't help squat!
some people want to see total collapse just to blame somebody for it.
what's that old saying? cutting off your nose?
Posted by CashCowMoo on :
scary stuff
Posted by The Bigfoot on :
Bullchit. I could grow enough food on a half an acre to keep my family fed if I had to. It wouldn't be wrapped in cellophane or laced with sugar but it would keep em alive and healthy. If corn ever gets knocked off as the king of ag commodities it wouldn't take more than a year or two to switch the American agricultural culture completely.
Posted by osubucks30 on :
Wow!! Listened to all 6 parts. If he hangs around people like the guy that was interviewing him he is a little off IMO!
Might have to move back to Great Guana Cay with its 140 residents and live off the fat of the sea.
Oh wouldn't that be a shame. Lobster and snapper again after a nice good surf.......sigh.
At least thats my backup plan.
Posted by bdgee on :
quote:Originally posted by glassman:
quote:Originally posted by bdgee: It's easy to predict the future after the fact, glass...and that's what PM is doing, predicting the collapse of the market after it failed.
Only a couple of months back, he was loudly and constantly proclaiming the power of the free market and that the free market could handle anything and everything and would, if only the government stayed out.
Well, the Government stayed out for years, right up to the end, and the free market didn't help squat!
some people want to see total collapse just to blame somebody for it.
what's that old saying? cutting off your nose?
I'd almost bet he isn't old enough for his parents to have had parents that lived through or soon after the Great Depression.
Posted by osubucks30 on :
Originally posted by bdgee: It's easy to predict the future after the fact, glass...and that's what PM is doing, predicting the collapse of the market after it failed.
Only a couple of months back, he was loudly and constantly proclaiming the power of the free market and that the free market could handle anything and everything and would, if only the government stayed out.
Well, the Government stayed out for years, right up to the end, and the free market didn't help squat!
The government was manipulating the mortgage market. When i went for my first mortgage in 1981 I had to jump thru hoops that would make it very difficult to get a mortgage today. The government thru fanny/freddie created an atmosphere of housing speculation and it finally collapsed. If mortgage's where only given based on sound financial terms housing prices wouldn't be out of control.
Posted by bdgee on :
That's republican Bull sh-t!
Posted by Ace of Spades on :
quote:Originally posted by osubucks30: The last video of the 6 part talks about why he thinks it will be worse then the Great Depression: http://www.youtube.com/watch?v=CkJ3Bc_HdaY
Makes some valid points.
Yup Listen, from 1:25 on....it's true mabey obama himself isn't socialist...thats not fair...but our country was headed in that direction before obama was elected!!!
Posted by bdgee on :
The market failed because there was no oversight and regulation to buffer the greed of the free marketeers.
There was no oversight and regulation of the markets as a matter of a fundamental philosophy of the republican party.
Assigning that failure on home loans, rather than what the free marketeers did with the home mortgage industry is a republican blame game.
Posted by glassman on :
quote:Originally posted by Lockman:
The government was manipulating the mortgage market. When i went for my first mortgage in 1981 I had to jump thru hoops that would make it very difficult to get a mortgage today. The government thru fanny/freddie created an atmosphere of housing speculation and it finally collapsed. If mortgage's where only given based on sound financial terms housing prices wouldn't be out of control.
look,fannie and freddie were only a small part of the collapse.
mark to market accounting, or lack thereof was a much larger part of the problem. Enoron was doing it, that's why they changed the rules. the rules were changed last NOV, after 4 years notice. prior to the new rules? co's (commercail banks in particualr) were claiming assets had whatever value they wanted. it made the books look better than they were. that's over now, and that's why there are no more commercial banks...
gasoline prices? they didn't help.
trying to blame all of the problem on Fannie is simply excuses.
NOBODY made anybody lend their investment money.
everybody who has money to invest is responsible for how they invest it.
as long as people keep trying to lay blame where it doesn't belong? nothing will be fixed.
TODAY? in an interview Paulson said that buying the bad mortgages wouldn't have fixed the problem cuz the problem is much broader.
he aslo went on to say we are in an economic war. he didn't say who with tho.
the Chinese are not running their economy to make a profit, they are running it to create jobs, and they don't have anyhing like a free amrket, what is happening is that each and every individual person in business is having to compete with a whole friggin' nation...
so? when you have a "free market economy" where it's every person for his or her self competing against a whole nation? who is going to win?
Posted by Lockman on :
WHO was suppose to be minding the store?
Posted by glassman on :
quote:Originally posted by Lockman: WHO was suppose to be minding the store?
the Conservatively elected Dubya?
Posted by Lockman on :
quote:Originally posted by glassman:
quote:Originally posted by Lockman: WHO was suppose to be minding the store?
the Conservatively elected Dubya?
Does the congress that actually is suppose to be making our laws have any responsiblity?
Posted by glassman on :
quote:Originally posted by Lockman:
quote:Originally posted by glassman:
quote:Originally posted by Lockman: WHO was suppose to be minding the store?
the Conservatively elected Dubya?
Does the congress that actually is suppose to be making our laws have any responsiblity?
this crash happened as result of policies run well before this congress took over.
this Congress was elected in Nov '06 and took over in early '07... by Aug? the crap started hitting the fan..
face facts.
if the GOP is ever going to recover? they are going to have to re-earn the trust they lost.
Posted by glassman on :
this is from Kudlow's (another crazy fool) b log
Paulson's Testimony From the early reports of Hank Paulson’s confirmation hearing to become the next Treasury Secretary, he sounds very much like a supply-sider on fiscal issues. This is a good thing.
He told the Senate Finance Committee that it would be a big mistake to raise taxes to deal with deficits and that he would like to see spending curbed. While he said tax cuts don’t pay for themselves, he does believe that tax cuts change behavior. Paulson emphasized the importance of U.S. business competitiveness and doesn’t want to see any over regulation. Amen to all that.
Paulson is a free-trader. He boasts very strong ties to China, demonstrated by seventy some odd trips there as the head of Goldman Sachs. During his testimony he said he would push harder to get Beijing to move more quickly to overhaul its currency system. I do not agree with this. China has outsourced its monetary policy to the U.S., and that has served them well. I agree with John Rutledge, Art Laffer, and a handful of others who believe that the Chinese currency should be dollarized. But virtually all of Washington disagrees.
quote:The government has been spending millions of dollars on advertising to tell us to stock up on food and medicine for over 2 years now. I think they've known where we're headed the entire time. In addition to food and gold, don't forget the bullets!
trying to blame other people for your own mistakes is foolishness, i voted for Bush in '00, and i'm sorry i did.:
Top Regulators Once Opposed Regulation of Derivatives by Kristin Jones, ProPublica - October 6, 2008 2:57 pm EST Tags: Regulation
The chiefs of the federal regulatory agencies -- Henry Paulson, Chris Cox and Ben Bernanke -- have each called for better regulation of derivatives, the financial instruments at the center of the current crisis. Yet a look at their Senate confirmation hearings suggests they once held quite different views.
CRAPO: I’m very concerned about the potential efforts in this Congress to change the manner in which we regulate derivatives or to impact the manner in which derivatives operate in the economy. As you know, the President’s Working Group on Financial Markets has explained why proposals that we have faced in the last couple of years for additional regulation of energy derivatives were not warranted, and has urged Congress to be aware of the potential for unintended consequences.
PAULSON: I believe these proposals could have significant unintended consequences for the risk-management functions that the markets – whether over-the –counter or exchange-based – perform in our economy. It is my view that absent a clearly demonstrated need, we should be wary of major changes to the manner in which we regulate our derivatives markets.
The importance of derivatives markets in the U.S. economy should not be taken lightly, as businesses, financial institutions, and investors throughout the economy rely on these markets to manage their risks and to protect themselves from market volatility. These markets have contributed significantly to our economy’s ability to withstand and respond to various market stresses and imbalances.
Although I have not studied this issue in great detail, it has been my experience that increasing reporting requirements does not affect market fundamentals; rather they are influenced by supply and demand factors.
quote:The government has been spending millions of dollars on advertising to tell us to stock up on food and medicine for over 2 years now. I think they've known where we're headed the entire time. In addition to food and gold, don't forget the bullets!
i haven't heard about keeping food stocks tho... i would expect the USDA to be running those.
Posted by Propertymanager on :
Maybe the government is writing your state off. We have a LOT of those commercials on TV and especially radio here in Ohio. They all talk about being prepared with food, medicine, water, etc.
Posted by glassman on :
most important is Greenspans admission:
"I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms," Greenspan said.
Referring to his free-market ideology, Greenspan added: "I have found a flaw. I don't know how significant or permanent it is. But I have been very distressed by that fact."
nobody MADE anybody invest in anything they didn't want to...
even the hedge fund managers blamed the BOND RATINGS agencies this week...
the only people blaming the democrats are a few disgruntled GOP's that don't want to be bothered with facts.
if the GOP is going to recover? they need to come up with some positive all-inclusive messages.
try focusing on increasing SBA influence (for instance)...
Posted by Lockman on :
quote:Originally posted by glassman:
quote:Originally posted by Lockman:
quote:Originally posted by glassman:
quote:Originally posted by Lockman: WHO was suppose to be minding the store?
the Conservatively elected Dubya?
Does the congress that actually is suppose to be making our laws have any responsiblity?
this crash happened as result of policies run well before this congress took over.
this Congress was elected in Nov '06 and took over in early '07... by Aug? the crap started hitting the fan..
face facts.
if the GOP is ever going to recover? they are going to have to re-earn the trust they lost.
I did'nt realize this discussion was about protecting DEMOCRAT's. All the members of congress should be held accountable for not paying attention to what was going on, they were all to busy collecting checks from these companies.
Posted by glassman on :
I did'nt realize this discussion was about protecting DEMOCRAT's. All the members of congress should be held accountable for not paying attention to what was going on, they were all to busy collecting checks from these companies.
i'm not a democrat.
never have been, thing is? we had GOP congress from 94 til last year... i voted for them myself.... put the blame where it belongs.
blaming fannie and freddie for all of this is straight out of the GOP playbook and you know it.
they have some responsibility, but they didn't make anybody loan them money to do this...
China never should have been given MFN trading status and Clinton did that (too)...
Posted by bdgee on :
No, lockbrain, this isn't about protecting democrats. But it also isn't about protecting or covering up for republicans, which you've tried to do.
The republican party has failed!
It MUST reorganize as a completely different and responsible body or it must get out of the way so another can fill its void. One party politics isn't rational.
Trying to resurrect the stinking hulk that has been the republican party of late, that refused to stop dividing us and that played on racial hate, pitting everyone against everyone, so as to become the apparent calm in the storm in order to win elections is not going to work again.
One cause hateful and dishonest politics isn't good for the Nation.
Posted by Lockman on :
I wasn't blaming anyone. I really don't care if it was the dem's or rep's. Why when I mentioned Freddie/Fannie did you become defensive towards the dem's? I think their all a bunch of crooks. That's the problem with our govt., it's always about covering your ass and never doing anything.
We are going to have one party controlling just about every part of our govt. come Jan. Will they accually do something or will it be all the same as ususal. Will the dem's pass legislation even though the rep's are against it? If they feel it should be passed then pass it on the merits not just because you can have some sort of deniabilty attached to it in case it doesn't work.
I'm not going to be affilated with any party anymore, Just the ideals I believe in. I happen to believe an over bearing Federal government is not what I want for this country.
If the federal government is going to run the banking system then they should have people that know what the heck their doing not the parade of characters we've witnessed lately.
Term limits for ALL government elected postions.
Posted by Pagan on :
quote:Originally posted by Lockman: I wasn't blaming anyone. I really don't care if it was the dem's or rep's. Why when I mentioned Freddie/Fannie did you become defensive towards the dem's? I think their all a bunch of crooks. That's the problem with our govt., it's always about covering your ass and never doing anything.
We are going to have one party controlling just about every part of our govt. come Jan. Will they accually do something or will it be all the same as ususal. Will the dem's pass legislation even though the rep's are against it? If they feel it should be passed then pass it on the merits not just because you can have some sort of deniabilty attached to it in case it doesn't work.
I'm not going to be affilated with any party anymore, Just the ideals I believe in. I happen to believe an over bearing Federal government is not what I want for this country.
If the federal government is going to run the banking system then they should have people that know what the heck their doing not the parade of characters we've witnessed lately.
Term limits for ALL government elected postions.
You do realize the Secretary of the Treasury and the FED Chairman are appointed, and not elected?
But I do agreee with term limits on many other elected positions. Some of these geezers have been in office 30 years and are using antiquated thinking.
Posted by bdgee on :
quote:Originally posted by Lockman: I wasn't blaming anyone. I really don't care if it was the dem's or rep's. Why when I mentioned Freddie/Fannie did you become defensive towards the dem's? I think their all a bunch of crooks. That's the problem with our govt., it's always about covering your ass and never doing anything.
We are going to have one party controlling just about every part of our govt. come Jan. Will they accually do something or will it be all the same as ususal. Will the dem's pass legislation even though the rep's are against it? If they feel it should be passed then pass it on the merits not just because you can have some sort of deniabilty attached to it in case it doesn't work.
I'm not going to be affilated with any party anymore, Just the ideals I believe in. I happen to believe an over bearing Federal government is not what I want for this country.
If the federal government is going to run the banking system then they should have people that know what the heck their doing not the parade of characters we've witnessed lately.
Term limits for ALL government elected postions.
Why?
Because your post read line pure cut and past from the RNC talking points.
"We are going to have one party controlling just about every part of our govt. come Jan. Will they accually do something or will it be all the same as ususal."
If the democrats don't have 60 in the senate and the republicans continue as they have for the last two years, nothing will change and it "will it be all the same as ususal.
"If the federal government is going to run the banking system then they should have people that know what the heck their doing not the parade of characters we've witnessed lately."
"The parade of characters we've witnessed lately" IS the banking system.
Posted by glassman on :
LOL. i can't beleive i just wasted time listening to that crap.
Celnte says that Obama was the prime mover of the 700 billion dollar bailout?
what a bold faced liar...
Bush and Paulson were...
Posted by Machiavelli on :
quote:Originally posted by glassman:
China never should have been given MFN trading status and Clinton did that (too)...
China getting that status was inevitable no matter who was President... due to China's increasing influence around the world... I have no doubt Bush would of gave them that status had Clinton not done it... but if you want to put some blame then do so with Nixon opening the doors to China... all roads would lead there first...
Posted by glassman on :
quote:Originally posted by Machiavelli:
quote:Originally posted by glassman:
China never should have been given MFN trading status and Clinton did that (too)...
China getting that status was inevitable no matter who was President... due to China's increasing influence around the world... I have no doubt Bush would of gave them that status had Clinton not done it... but if you want to put some blame then do so with Nixon opening the doors to China... all roads would lead there first...
overlooking bad behaviour only encourages more. the country is run by communists.
the govt of China is not the "good guys" no matter how many friends you have there.WHY does our govt make US workers compete with this?
China raises export tax rebates on over 3,700 items
* Reuters, Wednesday November 12 2008
BEIJING, Nov 12 (Reuters) - China moved on Wednesday to boost its export sector by increasing tax refunds applicable to more than 3,770 items from next month, the latest step in its campaign to bolster its flagging economy. China's State Council, the cabinet, also decided to scrap export taxes for some steel and chemical products and grains and reduce the export tax on fertiliser, according to an official announcement published on the central government Web site. The tax rebates were the second batch announced in less than one month, potentially covering more than half of all exporters. The latest round of rebates are aimed at exporters in labour-intensive sectors, particularly producers of electrical and mechanical goods, as part of a campaign to "stimulate domestic demand and to promote stable but rapid economic growth", the statement said. This would cover 27.9 percent of all Chinese exports. Last month, China announced an increase in tax rebates that targeted textile, toy and clothing producers, covering more than a quarter of all exports. The government had already increased export tax breaks for the garment sector in July. The export tax on grains ranges from 5 percent to 20 percent while that for steel products is as high as 25 percent. Xinhua cited China's civil aviation chief, Li Jiaxiang, as saying the country would also begin investing 250 billion yuan in airport projects from 2010, as part of the government's 4 trillion yuan stimulus package announced this week. (Reporting by Langi Chiang and Zhou Xin; Editing by Ruth Pitchford)
Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be "worse than the great depression"
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
"We're going to see the end of the retail Christmas....we're going to see a fundamental shift take place....putting food on the table is going to be more important that putting gifts under the Christmas tree," said Celente, adding that the situation would be "worse than the great depression".
"America's going to go through a transition the likes of which no one is prepared for," said Celente, noting that people's refusal to acknowledge that America was even in a recession highlights how big a problem denial is in being ready for the true scale of the crisis.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as "The Panic of 2008," adding that "giants (would) tumble to their deaths," which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 per cent.
The consequence of what we have seen unfold this year would lead to a lowering in living standards, Celente predicted a year ago, which is also being borne out by plummeting retail sales figures.
The prospect of revolution was a concept echoed by a British Ministry of Defence report last year, which predicted that within 30 years, the growing gap between the super rich and the middle class, along with an urban underclass threatening social order would mean, "The world's middle classes might unite, using access to knowledge, resources and skills to shape transnational processes in their own class interest," and that, "The middle classes could become a revolutionary class."
In a separate recent interview, Celente went further on the subject of revolution in America.
"There will be a revolution in this country," he said. "It?s not going to come yet, but it?s going to come down the line and we?re going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen."
"The first thing to do is organize with tax revolts. That?s going to be the big one because people can?t afford to pay more school tax, property tax, any kind of tax. You?re going to start seeing those kinds of protests start to develop."
"It?s going to be very bleak. Very sad. And there is going to be a lot of homeless, the likes of which we have never seen before. Tent cities are already sprouting up around the country and we?re going to see many more."
"We?re going to start seeing huge areas of vacant real estate and squatters living in them as well. It?s going to be a picture the likes of which Americans are not going to be used to. It?s going to come as a shock and with it, there?s going to be a lot of crime. And the crime is going to be a lot worse than it was before because in the last 1929 Depression, people?s minds weren?t wrecked on all these modern drugs ? over-the-counter drugs, or crystal meth or whatever it might be. So, you have a huge underclass of very desperate people with their minds chemically blown beyond anybody?s comprehension."
The George Washington **** has compiled a list of quotes attesting to Celente's accuracy as a trend forecaster.
"When CNN wants to know about the Top Trends, we ask Gerald Celente." ? CNN Headline News
"A network of 25 experts whose range of specialties would rival many university faculties." ? The Economist
"Gerald Celente has a knack for getting the zeitgeist right." ? USA Today
"There?s not a better trend forecaster than Gerald Celente. The man knows what he?s talking about." - CNBC
"Those who take their predictions seriously ... consider the Trends Research Institute." ? The Wall Street Journal
"Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most accurate forecasters around." ? The Atlanta Journal-Constitution
"Mr. Celente tracks the world?s social, economic and business trends for corporate clients." ? The New York Times
"Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority." ? 48 Hours, CBS News
"Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing." ? The Detroit News
"Gerald Celente forecast the 1987 stock market crash, ?green marketing,? and the boom in gourmet coffees." ? Chicago Tribune
"The Trends Research Institute is the Standard and Poors of Popular Culture." ? The Los Angeles Times
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente." ? New York Post
So there you have it - hardly a nutjob conspiracy theorist blowhard now is he? The price of not heeding his warnings will be far greater than the cost of preparing for the future now. Storable food and gold are two good places to make a start.
Has this guy ever made a prediction that didn't come true?
Posted by glassman on :
Has this guy ever made a prediction that didn't come true?
i was wondering the same thing; i bet he makes twenty predictions a day and one in 500 comes true.
good work if you can get it huh?
Posted by wallymac on :
"Since Infowars could not be bothered to perform even the most rudimentary act of journalism, the time has come to see if Celente’s record truly cuts the mustard.
In May 1993, in a story about fiftysomethings losing their jobs written for the Orange County Register, Celente was quoted. He was advising IBM at the time during a period of downsizing. What was Celente’s golden advice? He informed displaced executives to “go for some kind of counseling.” Asked to comment on this situation, Celente offered the same doom and gloom boilerplate that he’s telling us today: “The Industrial Age is ending. All the systems are breaking down and that means disappointment and disillusionment for the people who grew up in the ’50’s.” He elaborated, “These people believed in the Ozzie and Harriet way of life. That concept is dead. So is the concept of retiring at 65.” These were hardly prescient or specific thoughts, but they were certainly dramatic enough to make it into an Orange County newspaper.
Why not get topical? Let’s take Celente on a more specialized subject like restaurants. In 1993, Celente predicted “growing demands for take-out food, high- and low-end restaurants, and restaurants that offer live entertainment. Middle-range restaurants with mainstream fare will suffer.” Aside from the fact that Celente’s prediction accounts for about 90% of restaurants, doesn’t the fact that human beings need to eat remain a comfy ledge to launch a prediction?
In 1998, Celente told Money Magazine that, as the population grows older, “Americans will be spending more time at home than ever before both for pleasure and business.” Imagine that. You grow old, retire, and then you suddenly have more time. How the hell did Celente know?
In the September 21, 2000 edition of Newsweek, the great futurist weighed in on mindless chores. Why are they called mindless? “Your mind can’t be going all the time.” And when any problem becomes bigger, it becomes bigger than burnout. “It’s road rage, it’s air rage, it’s Columbine, it’s stress — and people don’t get it.” I’m wondering if it’s also the kind of impulse that will cause you to make impetuous predictions about the United States’s future.
Asked by CBS News in May 2005 to comment upon where Dillard’s planned to go, Celente had this to say: “There is nothing Dillard’s has that you can’t find in 1,000 other places. America is vastly overstored.” Take out “Dillard’s” and sub it in with another department store chain name, and you begin to see what little Celente’s remarks say.
But if we’re in for a future of doom and gloom, Celente has been sending us some mixed messages. He told the Associated Press in May 2005, “The bottom of the luxury market is not going to fall out.”
Talking with the Associated Press in September 2005, Celente suggested that Wal-Mart could deflect its negative image with its philanthropy. That’s hardly a stunning insight. Any positive action has the probability of causing a company to look good. This is rudimentary probability. But what profound thoughts did our great seer tell the AP? “We try to refrain from making value judgments — what the motive is. But the fact is that [Wal-Mart was] there with trailer trucks being turned away. Amazing, isn’t it?” Amazing indeed. Presumably, the AP reporter who talked with Celente did so because the reporter needed somebody to describe the situation as “amazing” or “magnificent.” Some casual modifier that might be confused for profound thought.
Celente was asked to weigh in on Internet trends by the San Francisco Chronicle’s Patricia Yollin in December 2006. “People are more electronically connected and less humanly connected,” opined our great psychic. And if that general piece of advice wasn’t enough, Celente also took the time to badmouth public displays of affection, pointing out how unacceptable it was to put PDA in “techno jargon.” Perhaps Celente confused PDA with another type of PDA, but what he didn’t seem to tell the reporter was that acronyms have existed long before the Internet." Posted by wallymac on :
ON MY... DESK: GERALD CELENTE
By JULIA LAWLOR Published: February 14, 1999 His desktop is covered with 14 globes, and 11 more are scattered about his office or suspended from the ceiling. ''People just started giving them to me'' in the mid-1980's, said Gerald Celente, director of the Trends Research Institute in Rhinebeck, N.Y. Before long he found himself adding to the collection during his travels. Some of the globes have dual uses, with one doubling as a pencil sharpener and another as a (currently nonworking) telephone.
The globes make the not-too-subtle point that Mr. Celente tracks the world's social, economic and business trends for corporate clients. To that end, he scours close to 100 publications; on his desk recently were two British tabloids with doomsday millennium headlines; a report on monetary and trade news from the Group of Seven industrial nations; Travelsmith, a catalogue of travel-related products; Extra, the magazine of Fairness and Accuracy in Reporting, a media watchdog group, and Resurgence, a British environmental magazine.
Lately, Mr. Celente has caught the millennium fever - and he predicts that the celebrating will begin well before the clock strikes midnight on Dec. 31.
''Employers should anticipate several weeks of low productivity,'' he wrote to his newsletter subscribers. He plans to spend New Year's Eve on the island of Malta, he said, ''because it won't be loaded with people.'' JULIA LAWLOR
Welcome to the millennium Presents excerpts from the book 'Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century,' by Gerald Celente. Forecasts for the year 2000; Trends. INSETS: 7 top trends for 1997; Millennium Q & A; 20/20 foresight?
Great! white trash, people who dont work, hippies, non productive citizens, liberals, anarchists, socialists, are going to go around causing crime and blame it on "big bad corporate america".
Stop tearing down this country you jerks!!!
Posted by glassman on :
Stop tearing down this country you jerks!!!
LOL. cash the damage was done before Obama even came into office. we've sat here and watched it unfold and broke down the economic policies and reasons that brought it on.
you make a case for Patriotism, when it has been fairly obviuos for years that the "Corporate" people as they are recognised by SCOTUS are the least patriotic people in the country.
you don't like the protestors? too bad. the Constitution says they have that right.
the occupy wall street people are not Obama suporters IMO. htey are mad cuz nobody on wall st but Madoff went to jail yet..... his crimes are minor compared to what has gone on. The bailouts were needed to keep food on the shelves and avert the revolt that would have come otherwise
tell me something, and be real dude, do you think that Wall St should be allowed to survive if they continue to allow program traders make millions of trades per minute designed to do nothing more than paint the charts and drain the investments out of the market penny by penny second by second year over year? How long can a system run like that before it collapses? The Chinese have a very old term for that, it's called death a million cuts....
people are angry everywhere. calling them names just adds fuel to the fire, it surely not a solution.
Posted by glassman on :
the food riots have been averted so far, since there 's still food on the shleves... the Tax Rebellion is called class warfare as if class warfare isn't already raging, it's just that the middle class hasn't been fighting back at all...
Posted by glassman on :
maybe the class warfare should be looked at from this angle:
lets say i am a laborer in union who has worked for 30 yeears at 50 thousand per year average and have saved in a managed pension fund for all my life.
Every penny i invested i worked for and i paid taxes on. These hedge fund managers come along, use program trading to liberate my life saving from my portfolio, and then they don't even pays as high a tax rate to liberate my money as i did to earn it...
that's just one part of the reason people are so angry cash. The hedge fund guys make account available to the Senator and Congressmen and then they get all kinds of preferences in the laws....
![[Big Grin]](biggrin.gif)