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GERALD CELENTE: The Financial Collapse Of 2013 Will Be Worse Than The Great Depression
TBI - KWN ^ | 12-23-2012 | Sam Ro

Posted on 12/23/2012 6:15:04 AM PST by blam

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To: EEGator

Good point. Those two you listed give whale excrement a run for their money...


51 posted on 12/23/2012 8:52:14 AM PST by GOPsterinMA (Time to musk up.)
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To: rbg81
The fundamental problem is that the Human race now produces enough to survive without everyone taking part in the workforce. While this is good in many ways, it also renders a lot of people….redundant. ....
Certainly riots—cities will burn and people will die. Perhaps even the start of a new Dark Age.

Seems a little odd that there's no iPhone app to stop the riots and chaos. It might even be the opposite (high tech riots). It is theoretically not possible for people to die of hunger with such incredible productivity, and it seems impossible to die of boredom with all the varieties of entertainment we can partake of. But it promotes sloth and eventually barbarism and those are really not separate problems.

The danger of living on bread and circuses: http://www.bloomberg.com/news/2011-06-02/the-danger-of-living-on-bread-and-circuses-alice-schroeder.html

52 posted on 12/23/2012 8:54:49 AM PST by palmer (Obama = Carter + affirmative action)
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To: Larry Lucido

Looks like monkeys throwing darts would be better at predicting.


53 posted on 12/23/2012 8:56:55 AM PST by existentially_kuffer
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To: EEGator

Legends of the Fall was also good.


54 posted on 12/23/2012 9:03:30 AM PST by Sawdring
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To: BenLurkin
Fed Dilemma: Growth VS. Inflation
55 posted on 12/23/2012 9:08:20 AM PST by blam
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To: Sawdring

Agreed.


56 posted on 12/23/2012 9:08:45 AM PST by EEGator
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To: JSteff

I think its a bit premature to get so hot under the collar. Personally, I think Obama will leave. If nothing else, he wants to live the good life of an Ex-POTUS. Most of the perks and none of the responsibility or scrutiny.


57 posted on 12/23/2012 9:28:42 AM PST by rbg81
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To: rbg81

Wow!!!..

Thank you so much for sharing. that was real


58 posted on 12/23/2012 9:29:44 AM PST by CPT Clay (Follow me on Twitter @Clay N TX)
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To: palmer

Yes, people imagine they’re productive when they sit at screens and communicate. Its just hot electrons instead of hot air. And, at time, I’m as guilty as anyone. Imagine that? :^)


59 posted on 12/23/2012 9:31:48 AM PST by rbg81
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To: WashingtonSource

The only argument I have with Celente on this one is that the Federal Reserve could continue to buy bonds for quite a long time and keep the bubble from bursting for a couple more years. Of course we will see higher and higher inflation. He’s right though, at some point the bubble will burst.


60 posted on 12/23/2012 9:37:25 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: STJPII
I like Gerald but I’m still waiting for the crash/depression he predicted for 2012

We also missed the predicted lack of food riots.
But we did get to see the unforecasted air Jordan sneaker buying riots. -Tom

61 posted on 12/23/2012 9:41:30 AM PST by Capt. Tom
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To: factoryrat

100% correct.

What we need to do now, is start responding.

We are still operating under the old assumptions. Those are broke. Our national trade balance has been negative for quite a while, and is wildly growing with China.

We need to make Chinese trade practices an issue.

A big issue.

Either China opens its markets, and incidentally its own immigration policies which are among the most restrictive on the entire planet.

Or we shut them down.

This has gone on far too long, and we need America back.

America first.


62 posted on 12/23/2012 9:50:05 AM PST by Cringing Negativism Network
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To: blam
Celente doesn't take his own advice of taking physical possession of your gold seriously.
He left his paid for gold in the possession of MF Global.

Infowars.com -The recent bankruptcy of financial stalwart and Wall Street casino failure MF Global in the US, has claimed a new and unlikely victim. Following the company’s glorious collapse, Trends Research founder Gerald Celente had his own six figure gold investment account completely looted by chapter 11 trustees, and he is fighting to get it back.
-Tom

63 posted on 12/23/2012 9:50:47 AM PST by Capt. Tom
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To: blam

We face a 20-50 year trough. The only question in my mind is how deep it will be. We’re past the tipping point.


64 posted on 12/23/2012 9:54:11 AM PST by St_Thomas_Aquinas
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To: blam
I've been hearing these doom and gloom "crash greater than the Great Depression" proclamations for years...decades in fact. I guess I've gotten kind of cynical over the years whenever I hear about the "bubble bursting" and "economic meltdown".

Here is some anecdotal evidence to the contrary. As I type this, the shopping malls all across America are absolutely slammed with shoppers. You can't even park near the place. This in spite of the fact that billions upon billions of dollars in goods are being ordered online. The past few days, I've seen large numbers of brown UPS trucks hurtling through my neighborhood, frantically delivering brown boxes from Amazon.com full of Kindles, tablets, flat screen TVs and whatnot.

Just try getting a table at a casual dining restaurant around here. Friday night, we went to Chilis, British Beer Company, Olive Garden, Outback, and even the Applebees (which I hate) and all of them were utterly slammed with an hour or more wait for a table. We went home to heat up a chicken pot pie.

Even the folks on welfare (and there are lots of them) are living high on the hog, buying shrimp, sirloin steak and geese with their food stamps and enjoying entire days of leisure in front of their big screen TVs, gameboys, Segas and what not while the remaining few of us slog off to work to pay for it all. If the economy is in trouble, I sure wish we could eliminate welfare because there sure are a lot of lazy layabouts that need a good swift kick in the butt.

Maybe the economy will still crash in 2013 but there are certainly no signs of it in the waning days of 2012.

65 posted on 12/23/2012 10:08:11 AM PST by SamAdams76
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To: rbg81

Do you by any chance have a link that might also show the slides he was showing?

THANKS! Excellent video.


66 posted on 12/23/2012 10:25:15 AM PST by SomeCallMeTim ( The best minds are not in government. If any were, business would hire them)
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To: blam
Interest rates are going to start going up, and when they do the bond bubble explodes.

I don't see where the problem is.

If interest rates do go up, there will be an overabundance of money to pay for that interest. We can borrow a lot more from the Chinese and others who wish to purchase more bonds, or we can print the money in order to pay the interest.

Bond holders in this market aren't aware that, they're part of a ponzi-scheme. But, they'll be content to get their interest when the times comes to cash in, even if it's phony money. As long as people are willing to accept a diminished dollar as payment currency, then, no recession or depression. Just a devalued economy with lots of poor people living off the government, and a "working" class getting by on part time work and free stuff, and fewer rich people trying to keep their stuff.
67 posted on 12/23/2012 10:39:56 AM PST by adorno (Y)
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To: SomeCallMeTim

Sadly, no—the video is all I have access to.


68 posted on 12/23/2012 10:49:29 AM PST by rbg81
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To: SamAdams76
Maybe the economy will still crash in 2013 but there are certainly no signs of it in the waning days of 2012.

Everyone livin' big, happy and carefree -- few signs of trouble ahead -- can't get a table at a fancy restaurant -- sounds like the 1920s. Permanent plateau of prosperity and a floor under the stock market. There was one guy warning it wouldn't last -- he was ridiculed and pilloried.

69 posted on 12/23/2012 10:59:25 AM PST by steve86 (Acerbic by Nature, not NurtureĀ™)
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To: Cringing Negativism Network

Well, not everything. The USA is still the largest manufacturing economy in the world, we just don’t employ as many people in the manufacturing sector as we used to.


70 posted on 12/23/2012 11:18:00 AM PST by crusher (Political Correctness: Stalinism Without the Charm)
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To: blam

This story could be related...

Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG

http://www.shtfplan.com/headline-news/startling-evidence-that-central-banks-and-wall-street-insiders-are-rapidly-preparing-for-something-big_08172012


71 posted on 12/23/2012 11:49:36 AM PST by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: rbg81

There is plenty of work to do. From cleaning up inner cities to rebuilding infrastructure to taking care of the elderly, there is work. The problem is that we’re blowing money on administration, bureaucracy, wasteful “green” projects and feel good projects instead of what is needed.
And many of those who are not needed to MAKE things can certainly work recycling the junk we have, growing their own food, rebuilding their communities, etc.


72 posted on 12/23/2012 12:06:37 PM PST by tbw2
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To: rbg81
Nice video trailer of the zombie movie, although Brad Pitt is a big liberal and atheist, so he isn't a good Apocalyptic hero.

Moreover, it looks like the US military plays a big role as Savior in the video. Not possible in reality, as the DoD is about to be decimated in January due to Sequestration, so that all obese Americans can continue to receive "their" entitlement check.

73 posted on 12/23/2012 1:38:57 PM PST by SkyPilot
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To: SamAdams76
...leisure in front of their big screen TVs, gameboys, Segas and what not while the remaining few of us slog off to work to....

Gameboy and Sega are 8 bit systems. You may not have realized that since you slog off to work every day. The leisure parasite class probably mostly have one or more of: xbox, playstation or wii. See http://en.wikipedia.org/wiki/Comparison_of_console_controllers

74 posted on 12/23/2012 2:15:20 PM PST by palmer (Obama = Carter + affirmative action)
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To: blam

Just what Obama ordered...the Mayans may have been misguided but the Preppers certainly aren’t.


75 posted on 12/23/2012 2:41:20 PM PST by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: blam

Just what Obama ordered...the Mayans may have been misguided but the Preppers certainly aren’t.


76 posted on 12/23/2012 2:41:43 PM PST by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: Jack Hydrazine

Celente refers to the Libor scandal? I thought that suit was fictitious?


77 posted on 12/23/2012 3:49:36 PM PST by classified
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To: classified

There is a scandal, international in scope, involving rate fixing on LIBOR. It’s huge, astounding amounts of money involved. Many variable rate mortgages in this country were and are tied to LIBOR, the London Interbank Offered Rate.

The fictitious aspect is that there is a trial ongoing in the United States to which Peter Lanza or any other figure has been called to testify.


78 posted on 12/23/2012 3:54:47 PM PST by RegulatorCountry
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To: RegulatorCountry

Thanks!


79 posted on 12/23/2012 4:16:21 PM PST by classified
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To: concerned about politics; rbg81

IMHO the collapse is happening at this very moment. It is a slow moving train wreck. All I know is everyday it gets harder to pay the bills, everyone I know is struggling and theft is up, big time. I am watching a slow descent which likely will take a few years before we (middle class, working class) are all starving in the dark.


80 posted on 12/23/2012 4:40:39 PM PST by jpsb
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To: jpsb

Agreed. I really don’t know how anyone making < $50K survives anymore. And I don’t live in a high cost of living area either.


81 posted on 12/23/2012 4:52:09 PM PST by rbg81
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To: rbg81

I am retired in a small town in Texas, living on less then 30k per year. Everything is paid for thank G*d or I would be homeless. I see more and more homeless everyday, I also see folks with homes taking on renters to make ends meet. Even in this little town break-ins are up and mail thief is common. Things are getting bad and this is a little sleepy off the main road Texas village. The collapse is happening, just slowly.


82 posted on 12/23/2012 5:09:54 PM PST by jpsb
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To: blam

We are all included in the “Uninformed Public”.

Start your research in the areas of central bankers, International bankers, cfr...

http://www.thirdworldtraveler.com/New_World_Order/Shadows_Of_Power_CFR.html


83 posted on 12/26/2012 8:33:29 AM PST by Enough is ENOUGH (This is a whole different world we live in now. We'd better wise up.)
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To: SamAdams76; steve86

50% of the free spending prosperity you saw at Christmas time is fueled by Federal Reserve funny money created out of thin air. So the masses (who elected Obama) can go enjoy it while they can. This is not real prosperity from creating real goods and services. These days China does not buy our debt. The Federal Reserve buys most of it. Each year it puts a trillion dollars of US debt on its balance sheets AKA blips on hard drives.

The Federal Reserve is a private bank. Mark Steyn today (subbing for Rush) called it a branch of Gov’t. Such ignorance is appalling for him. This economy is debt based and is highly dependent on being juiced by Federal Gov’t debt being bought up by the Federal Reserve which then pumps this new money into banks and the economy


84 posted on 12/26/2012 9:23:39 PM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: JSteff

Your arrogance is exceeded only by your blackhole density stupidity. Time and space warp in the vicinity of your gourd.

Your beloved GOP is dead. Its candidates suck harder than the gravitational pull of your gray matter. I voted , against my better judgement, for McCain and Romney. It will never happen again. You genetically suicidal GOP’ers can point your fingers and blame all the conservatives and TEA Partiers, but it’s you who chose the path to extinction.


85 posted on 12/26/2012 10:11:04 PM PST by ExpatGator (I hate Illinois Nazis!)
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To: GOPsterinMA

DAMN. Zombies huh?

Not that’s she’s unattractive (Mirrele Enos?), I mean I’d ride her across the continent, but I would have thought a Brad Pitt character would have a hotter wife.


86 posted on 12/27/2012 12:11:14 AM PST by Impy (All in favor of Harry Reid meeting Mr. Mayhem?)
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To: Impy; fieldmarshaldj; KC_Lion

“...but I would have thought a Brad Pitt character would have a hotter wife.”

Angelina probably won’t allow him to have a hot wife....remember how she stole him from Jennifer Aniston on a movie set (Mr. and Mrs. Smith)?

Nice move on AJ’s part.

On another note, one of my favorites, Keri Russell, is going to be on the new FX series, “The Americans”. I’ll be watching...besides her being it, the show’s premise sounds interesting (Google for details).


87 posted on 12/27/2012 5:38:33 AM PST by GOPsterinMA (Time to musk up.)
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bmfl


88 posted on 01/01/2013 7:45:44 AM PST by Titan Magroyne (What one person receives without working for, another person must work for without receiving.)
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