Posted on 03/29/2009 6:31:09 AM PDT by cycle of discernment
Watch the video, Celente has had an impressive record of accuracy, although we must remember he is "selling" his own brand with every prognosis he makes. Hopefully he is over dramatizing to market himself.
This forecast is particularly dire. Form your own conclusions.
very believable.
This mirrors my own belief...
Hope everyone is getting ready.
BTW: This wasn’t by chance rather, a well conceived plan to establish a Socialist One World Gov.
Well of course he’s right often, that’s what he tells everyone, and for a schmoozer like Celente that’s enough to create its own truth. Never mind that he’s been wrong a blazing number of times, or that the details of his “predictions” that are “right” are often rather wide of the mark. There’s no shortage of material out there deconstructing Celente’s self-aggrandizing mythology, particularly his broad and nebulous ramblings on all sorts of topics, which he can then go back to - post-event - and say, look, I was talking something like this before it happened, I predicted it!
But it is interesting in that the old man appears to be going out with a bang, though extending the timeframe out to 2012 and beyond gives him a few years of wiggle room. Even his most ardent fans won’t be able to overlook this one when it doesn’t come to pass. Of course, they have forgiven all sorts of past craziness, such as his 1997 prediction that “around the year 2000” the nation would have an epiphany and divert “billions of dollars” formerly spent on lawn care into converting American lawns into food-producing gardens.
Judge Andrew Napolitano on Alex Jones Tv:Via Simulcast from The Show-Freedom Watch
http://www.youtube.com/watch?v=-nRn3BBui4M&feature=related
This may be what it takes to bust the socialist nightmare we, as a nation, now face. If so, then let’s get going with it. The future of the last bastion of freedom depends on it.
Perhaps not so crazy, as that seems to be happening now.
Now that things have developed into what I originally suspected would happen, I plan on moving my investments into just what Celente recommended. There will still be a market, mostly in efficient/excellence based industries and services like he says. Wind/Solar power is a complete joke and a VERY bad place to place your future.
More time is needed to study what will develop, but the fix is in.
[very believable.]
Listen to some of his other stuff on youtube, Celente may be borderline nutcase. That doesn’t mean his collapse prediction is wrong, just I wouldn’t quote him from what I heard.
Ping.
I began preparing for this in ‘94 thanks to Clinton. I became completely debt free and have paid cash for EVERYTHING since. Since then, I have bought, built and sold 6 houses when the markets were right. This is how I became debt free.””
This puts you ahead of 99% of the investment world. You are applauded for recognizing truth. I am well diversified myself but still lost a bundle in the market. Fortunately, I own Ag property, a bit of silver coinage, energy and other commodities that have held up. Problem is, once Hussein and his criminal allies figure out where we are invested, you can bet, the tax laws will be manipulated to take it.
I’m ashamed of myself.
Here it is Sunday in Lent and I am salivating over Doomer Porn again.
This ain't your Granddaddy’s conspiracy theory, this is the real deal.
My Wife and I were just discussing the fact that only one or two of her coworkers have any type of weapon to guard their homes and families.
I urge everyone to prepare for the worst and hope for the best.
With all this info around it makes you stop and think. It never hurts to be prepared.
Thanks.
Will check it out.
Industrial production is collapsing faster than during the Great Depression. Social and political devastation will not be far behind, unless the G20 can heal global divisions, writes Ambrose Evans-Pritchard.
Ambrose Evans-Pritchard
Last Updated: 7:02PM GMT 28 Mar 2009
By the time world leaders gathered to vent their spleens at the London Economic Conference in June 1933, the Slump had already done its worst. Catastrophic policy errors – tight money – had caused the 1930-31 recession to metastasize into debt deflation. Hitler had been let into government with three cabinet seats, enough to give him the Prussian police and Reich interior ministry. It was all he needed.
Any country that tried to reflate alone was punished by creditors. Most stuck grimly to liquidation. Europe and America undercut each other with beggar-thy-neighbour moves on trade and gold. The surplus countries refused to play their part in restoring demand – just as they refuse today, either because they will not (Germany and the Netherlands, who between them have a surplus of $294 billion) or because they cannot for structural reasons (China, $401 billion).
It was impossible for deficit states to fill the breach, so the system folded on itself. Today, the biggest deficits are: the US ($673 billion), Spain ($155 billion), Italy ($73 billion), France ($57 billion), Greece ($50 billion), Britain ($46 billion). When the Banque de France withdrew gold deposits from New York in October 1931, the US Federal Reserve was forced to raise rates from 1.5 per cent to 3.5 per cent at a terrible moment. It knocked the stuffing out of the US banking system. Needless to say, France was the bigger loser from this petulant act, though that took time to become evident.
[snip]
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