Paul Joseph Watson
Prison Planet.com
Thursday, November 13, 2008
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| Gerald Celente | |
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.
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| 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. | |
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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 blog 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.
Scary. Makes me want to go buy a gun and a few hundred pounds of food storage.
No joke. You may enjoy http://preparednesspro.wordpress.com for some good info about being adequately prepared for the future through food storage and self defense. They’re a local Utah company and have some really good info.
Agreed. Let’s get hopping on that food storage… While I am very anti guns, that may change.
THERE IS NOTHING IN PLACE TO MAKE THE ECONOMY BETTER.
THE IRS DOES NOT CREATE VALUE.
THE FED (PRIVATE BANKERS) DON’T CREATE VALUE
NAFTA DOES NOT CREATE VALUE
AMERICA IS A VALUE-LESS COUNTRY
IT MAKES PAPER AND DEBT LIKE THE IRISH MAKE FINE WHISKEY
Don’t be anti guns. That just doesn’t make sense to me. What will you do if this guys predictions do come true and you can’t protect your home? Will you be anti gun then or throw a spear at a home invader? I am giving you a hard time. I just don’t understand when someone makes that comment. Take a look at Australia and the current crime rate since they took guns away from the public and you will see what happened. The crooks forgot to give their guns up!
Now I did get off subject. The article was pretty scary. I just came across it tonight. I watched a few of his videos and listened to the audio on You tube. Really scary stuff. I can tell you though that I have seen something coming in the way of a slowdown myself. I am in Real Estate and saw it crashing 3 years ago across the country. Really it was just starting. It caught my attention. The more I watched it, the more I became nervous. Finally I made the decision that I couldn’t sit idle and get caught off guard. I worked paid off everything including my house, vehicles and saved as much money as I could. Then it hit here where I live. While I was not totally prepared (can you ever be?) I did the best I could. There is something to what this guy is saying. Note also that in one interview, he said it could change if something great came along. Some sort of new idea or invention that could revolutionize the way we live. It is possible so I will hold out hope for that but still I have both eyes open to the possibility that we are in for a long hard ride. My suggestion is to continue living but pay off your debt. I don’t care what people say about debt making the world go around. It doesn’t. Debt keeps the banks flush with cash. Spending and consumption makes the world go around. If you can’t afford it, don’t buy it. Pay as much down as you can if you buy a home. And always buy well below your means. Never max out on buying a home. California people are finding out how well that works out right now. I can’t believe loans were being made to people who couldn’t even qualify for them.
When you watch HGTV and see house hunters and see a young couple saying they are not comfortable going over 650k on their starter home, you know something is wrong. You might think, well hey, maybe they are rich. Well not everyone is rich. Others buying 800,00 homes. I have sold to a lot of California people who bought and made a lot of money off of their homes. That was their only wealth though. Their incomes were no higher there than in Texas. So again, how did they qualify to buy the homes in the first place?? This is just another part of the problem. There are many. Sorry for the rant. Thanks for keeping this article out there so people can be aware that there might be a crack in the dam that is bigger than we are told.
You know that what this guy says is on the spot. I believe I am middle class and I am nearly at the point where I want to start that 3rd party and call it the Tea Party. I unfortunately live in California where the legislature has gone completely off the grid and is taxing beyond comprehension, believing they are governing bodies in socialist Canada or France.
I have even started talking with my wife about taking gun safety lessons.