Posted on 02/13/2008 10:44:54 PM PST by devere
Futurist and trends forecaster Gerald Celente, director of the Trends Research Institute in Rhinebeck, NY, predicted the 1987 stock market crash, the collapse of the Soviet Union in 1989, the Asian economic implosion of ‘97, the decline of the dollar beginning in 2005, the meteoric rise in gold prices in an age of currency volatility, and the turn of events that may be the blessing of our era, the subprime mortgage crisis. Because of this habit of prescience, Celente has appeared regularly on CNN and Fox and MSNBC, his “Trends Reports” widely quoted in newsprint, on Oprah Winfrey, on Good Morning America.
Now in his Report for 2008, issued in mid-December, he carried the news every thinking American already knows. “The United States of America,” Celente pronounced, “has gone from first class to third rate.” It’s a “nation on the skids and heading down.” Celente projects economic and political crisis in the coming year. “In 2008, Americans will wake up to the worst economic times that anyone alive has ever seen,” he wrote on December 17. “Just as they didn’t see 9/11 coming and were frozen in shock when terror struck, [Americans] will be frozen in shock when terror strikes again.” He predicts “failing banks, busted brokerages, toppled corporate giants, bankrupt cities, states in default, foreign creditors cashing out of US securities…the stage is set, the big one is on its way.”
(Excerpt) Read more at atlanticfreepress.com ...
An Oprah Winfrey regular.
LOL
Coast to Coast AM too, apparently.
From his website: “The Trends Research Institute is the Standard and Poors of Popular Culture. — The Los Angeles Times”
Bwahahahahaha!
Such broad lamentations of portending doom never seem to pan out. See Al Gore, Carl Sagan, and Alvin Toefler(sp).
This stuff is already happening. It doesn't take a genius to see it. If an anti-capitalist becomes president the hole will only get deeper.
Let me guess, he has a new book to shill....
IMO, an attack of such intensity is not likely to happen this year. It’s more likely next year or a little later. But yes, the enemy wants to conquer the West for his religion and perceived material gains.
Add Paul Ehrlich.
Has this guy ever produced anything but verbiage?
My plumber and electrician do more in a day or week than this guy has done in his whole life.
Talkers, the world doesn’t need any more talkers.
“This stuff is already happening. It doesn’t take a genius to see it. If an anti-capitalist becomes president the hole will only get deeper.”
Yes, foreign creditors are certainly cashing out of securities. Bankrupt cities, that’s a new one, quite a libm there. In fact, all of it so unusual, this man truly has The Gift!
He can’t be wrong. Just look at all the stuff he so presciently predictified! Why, he even predicted the decline of the dollar!
“It’s easy to predict bad things. It’s much harder to do something to fix or prevent things from happening.”
What I cannot understand is why people continue to buy into guys like this. So many political commentators, journalists and authors do little more than talk about problems, prognosticate for doom and gloom, and nothing more. When anything they’ve talked about (and they talk extensively) comes to pass, they’re hailed by their PR agents, their own egos, and whatever hangers-on there are as “prescient” and “insightful.” They haven’t done anything but predict trouble and negativity in a world that, well, is filled ever anew with trouble and negative events.
I’ll never understand this. I don’t like sunshine pumpers, I don’t trust them any more, and I’m not an “everything is great!” guy by the remotest stretch of the definition, but this stuff is just ridiculous.
I predicted I was going to take a *hit on Saturday, where is my offer to go on Oprah? In all seriousness if you really want to predict anything on earth with 90% accuracy, simply study history and human behavior. It does not change.
Their most recent book Revolutionary Wealth is very interesting and for the most part, correct and a bit cautionary (like with all futurists) about the future - describes and predicts changes in China's economic and political developments and alludes to some stupid US domestic economic policies.
I don't think they belong on the same list with such luminaries as Al Gore.
The decline of the dollar was easily predictable and was predicted in 2000 when the government started inflating the currency. Same with the price of gold.I have been buying gold regularly since then, because i knew that the inflating dollar meant rising gold, in the wee amounts that I can and have sold it from time to time to finance things like a new roof or airline tickets but all-in-all it has been far more productive than a bank account. Gold has been my savings account and will be until some Reagan type president stops the inflation.
“What I cannot understand is why people continue to buy
into guys like this.”
I don’t either, but then I don’t understand the big disconnect between the Dhims or left’s ideals and the world’s realtiy as I see it.
The Dhims and left seem to want to destroy their own country and commit cultural and national suicide. I don’t think it’s just BDS only. I think the worldwide left wants to destroy freedom and America.
I guess they all want to be serfs or live in a human anthill.
Freedom, real freedom is the most radical political idea in the history of the world.
Some people can’t handle it. It’s too much responsibility for them. It’s scary. They want mommy and daddy to always take care of them and make everything all snuggy poo.
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