definitely not soup :)
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. "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."
"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.
See my other posts...I used the wrong term, she is investing in gold, coins,etc.
The carpeting is nice, as are the free back rubs from Congressional interns.
And I love the ads we get in the Metro, especially targetted ads at the stops around places like Congress and the Pentagon. I'm not sure ads for aircraft carriers are targetted at the average commuter in most cities.....
I particularly like the string quartets and complimentary cocktails during rush hour
There’s lots of good barter items: ammo, primary medicines, cigarettes, ammo, spices, batteries, ammo, various 2-way radios, scopes, ammo, lighters, knives, ammo...
That’s a contract between people. You have what I want and I will do X in trade for it. How many thousands of years has that gone on? Since Adam and Eve were running a nudist resort?
“This whole conversation started upthread with someone not believing that the blue states tend to pay more into the treasury than they get back.”
My point is that such a statement is pure propaganda because it fails to acknowledge that some of the spending in red states is for the benefit of blue states; military spending being one of them and roadways being another.
Colorado has NORAD and the Federal Center, both located here in the center of the nation for protection. Employees at those locations pay income taxes to their respective home States. But that dollar figure isn’t counted by the propagandists.
Also, we buy things from all States at those locations but the liberal propaganda fails to consider that. For instance, one place I know here in Colorado uses a $100,000 device that it purchases from California. Liberals will count that $100,000 as payment to Colorado.
The liberals wackos only say that blue states lose because by twisting the numbers and only telling a partial truth can they seem to be better. Propaganda is nothing but telling a lie or a half truth, which is also a form of a lie. This blue states get less is nothing but a half-truth.
If you want to play truthful then state welfare programs and their expenditures and not throw in the spending that even the blue states benefit from, unless you’d like us to withhold military protections.
I thought so. btw...if you are going to buy gold get the smaller coins - 1/2, 1/4, 1/8 ounce. Much easier to barter should it come to that.
Have you asked her what she plans to do if the ownership of gold is banned again like it was under FDR?
“Tent cities are already sprouting up around the country and we’re going to see many more.”
I started prepping for this a while back; got a tent from my dad and started loading up on outdoor and survival gear. If I’m going to be living in a tent, I’m going to do my best to live well.
Plan stocking up on ammo soon, as well as gas and hopefully MREs and other non-perishables (MREs are hard to come by except online).
If its banned it will only increase the value imo....”banning” stuff only makes people want it more and you can increase the price...like alcohol during prohibition and the current stupid war on drugs..
True, but what’s on my mind is those CART teams Matt Bracken put in his “EFAD: The Reconquista”. I’m willing to bet Obama’s goons squads will be used in that role as well.
blue states do pay in more than they get back. it is a redistribution of wealth.””
The blue state of CA can easily afford to pay more since they have a few million illegals that don’t pay a dime but provide the cheap labor to support CA’s #1 industry, agriculture. Take away the illegal cheap labor and see what they can afford to pay in taxes.
Well, its not like she has warehouses of the stuff. I’v seen her apartment its small.
california got hit hard in the real estate fall. they’ll be sending less money to the red states
Are you really buying into the liberal myth that illegals are a benefit to a particular economy? Come on. Whatever benefits illegals might provide to places like California are easily overshadowed by the costs- bankrupt hospitals, increased use of welfare services, crime etc.
the motto “Live Free or Die”
has been replaced with
“Live for Free Pie”
definitely not soup :)
The scenario being discussed, IMO, is one where goods are scarce, currency is distrusted and varies in valuation over time, and there is no real place to hide. If there was a place to hide, would that place still accept devalued currency or even have goods available? Under that scenario would you rather pay $100 or the equivalent in gold for a loaf of bread or have the skills to produce the ingredients and then bake it yourself in a wood-fired clay oven that you have also made yourself? Eventually, the hoarded currency is gone. This is a world where the old saying :"Eat the rich" has real meaning.
My son is a programmer/security technician and also is one of those people who can fix all sorts of electronic things or build them from scrap parts, if those are available, or actually build the parts, if raw material and tools are available. He is currently is SoDak after putting together a composite lifestyle, where he can earn income with his skills and also live well when there is no one able to actually pay for them or when money has lost it's value. The downside is there are no trees, except those planted for shade/windbreaks, if fuel is needed, water is scarce and drought is common, making subsistence food production problematic, weather-dependent and labor intensive.
There are all sorts of ultra-rich folks who have purchased land in Paraguay, for example. First, they need to be able to find a flight down there in a time of fuel shortages and mass panic. Then, they have to be able to find the materiel and labor with which to build something in which to live and transport it from a port or city to their land. They may not find a ready-made electrical grid or a potable water source. They have to be able to secure a supply of food and are not the types to grow it, hunt it, process it nor even cook it for themselves. They will need security and have to trust those they hire to provide it. That's just for starters, and assumes that Paraguay, or anywhere else, is disposed to accept Americans, or any foreigners, if things get truly bad.
All the money in the world will not do any of us a bit of good if no one trusts it and if nothing extra is available from producers for sale. All the high end skill sets are at the least, devalued, in a low tech world, excepting the ability to maintain and repair the remnants of the present society. Even physicians doubt the value of their skills if the machinery they work with is unavailable and the drugs they rely upon have passed their shelf-life. At that point, a trained medic is just as good.
Not too bad an idea. Been doing that the last year + canned goods. Good investments if nothing else - over a 20% return.
Can of has at Wal-Mart $1.00 - $1.06 - $1.18 in six months. Wal-Mart brand hot salsa (a staple in my house) $1.50 - $1.68 - $1.92 in six months. etc, etc. Track any brand and type of food in your supermarket and see that inflation is at 20% or more. Another racket - less weight for the same price. Or, repackaging - 10 Wal-Mart burritos for $3.19 (was $2.98 two montha ago) now eight for $2.98 - advertised as a ROLLBACK!
The author might not be too far off.
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