Posted on 11/14/2008 10:07:38 AM PST by Dr. Marten
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 fut ure 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. "Its not going to come yet, but its going to come down the line and were 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. Thats going to be the big one because people cant afford to pay more school tax, property tax, any kind of tax. Youre going to start seeing those kinds of protests start to develop."
"Its 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 were going to see many more."
"Were going to start seeing huge areas of vacant real estate and squatters living in them as well. Its going to be a picture the likes of which Americans are not going to be used to. Its going to come as a shock and with it, theres 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, peoples minds werent 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 anybodys comprehension."
"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
"Theres not a better trend forecaster than Gerald Celente. The man knows what hes 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 worlds 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.
I’ve been buying gold cinderblocks, but only because they were out of sheetrock
hope for the best- prepare for the worst
Exactly. I live in a small town (relatively large for the area)with a full acre - one reason I have hung on to this place is I know what my parents did here during the Great Depression- we ate very well. Bought very little from the store. Same for WW2 when rationing was in force.
Not saying it is not possible, however, questions...
he mentions tent cities existing—I have never seen a tent city in the US...has anyone else.
Also, others asked what is is track record—it is noted what he predicted correctly; how is is his batting average inclluding errors?
They’re reasonably priced as well. I keep that link in “favorites”.
>>Same for WW2 when rationing was in force.
Yep. City folks need to learn two words: “Victory Garden”.
People like their homes, and aren't going to move away so easily. Most people have friends, family and attachments to where they live and aren't willing to pick up and move for ideological reasons. Many of those attachments cross party lines.
What you want is only a simple move away. I couldnt understand a conservative staying in a peoples republic just because they like their house.
I live in DC, which is more or less a "people's republic." I like it here, and am not going to move out over politics. My friends and family run the gamut of political views and ideologies. Giving all of that up just to be surrounded by people who agree with me politically seems silly.
There absolutely are tent cities in the US. Seattle recently had quite an uproar over a bunch of folks living in pink tents. I’m not talking five or ten people, I’m talking two or three hundred, maybe more.
Buy gold in Nevada. No sales tax. Buy weapons there also. Get on the net to place a purchase for pick-up.
>>I have never seen a tent city in the US...has anyone else.
You can still see the remnants of one at Camp Pendleton. It’s the one that housed the boat people in the 70’s.
Most of our modern infrastructure was built after WWII - and with bridges the safe lifespan is some 50 years give or take... Add 50 to an average of 1955 and you’ll see we’re long overdue on bridge replacement. Our other infrastructure’s the same. Without the money to maintain it, it’ll go quickly.
everytime I go to Walmart I buy more quart canning jars
For those that already can and have jars, it would be good to stock up on jar flats. This fall a friend of mine still had alot of canning to do, and could not get flats. Anywhere where she lived.. It gave me a heads up and I started buying them each time I went to the store since I could get them here.
Anyone out there old enough to remember the jar rubber rings that were reusable??? That goes back into time.
I have never bought gold before (besides jewelry), but will let my friend know. Thanks.
When the BO guy finds out the treasury dumped their IOUs in his lap, he'll kick his dog, beat his wife, and slap the kids.
Hey just don’t cook it first!
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