Skip to comments.GERALD CELENTE: The Financial Collapse Of 2013 Will Be Worse Than The Great Depression
Posted on 12/23/2012 6:15:04 AM PST by blam
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Good point. Those two you listed give whale excrement a run for their money...
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
Looks like monkeys throwing darts would be better at predicting.
Legends of the Fall was also good.
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.
Thank you so much for sharing. that was real
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? :^)
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.
We also missed the predicted lack of food riots.
But we did get to see the unforecasted air Jordan sneaker buying riots. -Tom
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.
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 companys 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.
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.
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.
Do you by any chance have a link that might also show the slides he was showing?
THANKS! Excellent video.
Sadly, no—the video is all I have access to.
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.
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.
This story could be related...
Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG
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.
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.
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
Just what Obama ordered...the Mayans may have been misguided but the Preppers certainly aren’t.
Just what Obama ordered...the Mayans may have been misguided but the Preppers certainly aren’t.
Celente refers to the Libor scandal? I thought that suit was fictitious?
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.
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.
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.
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.
We are all included in the “Uninformed Public”.
Start your research in the areas of central bankers, International bankers, cfr...
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
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.
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.
“...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).
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