[kellynla]

"I predict continuing deflation of real estate, followed by extreme currency inflation -- ultimately becoming worthless. This is why gold is the only honest money -- the government can't counterfeit it. Look for it to top at least $2000 an ounce"

[stylin_geek]

bookmarked.

[Venturer]

This guy is dean on.

[Para-Ord.45]

Listening to Kudlow on WABC right now saying the exact opposite.

- Job losses are shrinking

- Walmart is building and hiring

- Wall St. is trending up

- 2010 will see end to recession

Not that I agree, just sayin`. I recall Kudlow once said the DOW would see 20,000.

[KevinB]

Ping for later.

[Jolla]

He says we are bent on destroying our currency, bankrupting our government, and unleashing a violent citizen-against-citizen eruption as the economy collapses into chaos and marshal law fascism.

By WE I assume he means BO. I agree there are bad times ahead and it would not be a surprise if we do not recover or regain our current status. A lady pointed out a candidate Obama statement which said and I quote "America is the greatest nation this world has ever seen, and we are going to change it"

[P.O.E.]

I blame lawyers, politicians & other parasites. They’ve been making money second-guessing the mistakes or taking credit for the successes of hard-working Americans. A pox on them.

[Cicero]

I don’t think he understands the full extent of the cultural problems, but I’m afraid he’s basically right.

Education isn’t dumbed down because we’re mass producing. It’s dumbed down because of leftist drivel and behind that a deliberate intention of destroying our country. The same with idiot consumerism. But the result will be the same, in any case.

He speaks of a “W” on the economic charts. What that means is a V bottom, a small recovery, and then the plunge into a much lower bottom after 2010.

[Vince Ferrer]

The key to watch is Christmas sales. They’ll fail. Christmas will be when reality sets in."

I agree with this one. Christmas is not too far away, because right now is the beginning of the peak season for shipping the finished retail goods which will stock our retail stores. Traditionally 25% of retail sales was during the Christmas season.

This year I expect a big drop in sales, as Christmas becomes a religious holiday again. By January we will see a cascade of retail bankruptcies by companies who were holding out for this Christmas to pick them back up.

[feedback doctor]

Sounds like it is time for a 2 state solution, here.

[parisa]

Look at GM. Junk cars financed by junk bonds. Now owned by a junk government.

Damn!

[txmissy]

bookmarked...

[freespirited]

"And we’ve become not only a consumer society but a low-quality consumer, as well as the most obese society in the world, eating low-quality high-carb, high-fat processed foods.”

I have a great deal of respect for Celente but this kind of talk gives me pause. For cryin' out loud our life expectancy is remarkable. Some people may make a diet of junk food but it is hardly fair to describe our overall food supply as low quality.

I expect that if he would look at the data he would find that we have a lot of obese citizens who live surprisingly long lives. Our medical system is that good.

[umgud]

American 'Liberal Fascism' ?

Whatever you do, don't look up the definition of fascism. It looks too much like where we're headed.

[edcoil]

Not a fan here:

Gerald Celente, Futurist Fraud
Written by Edward Champion

Posted on November 13, 2008
Filed Under Celente, Gerald, Futurism, PHonies

The crazed doom-and-gloom prophets of our world have this troubling ability to occupy the airwaves, becoming strangely confused with qualified experts.

Gerald Celente is the latest soothsayer operating on his hunches — now being celebrated on Digg, Reddit, and just about every damn aggregator imaginable.

His predictions sound suspiciously similar to the storyline for Brian Francis Slattery’s excellent new novel, Liberation, but Gerald Celente, the CEO of Trends Research Institute, is determined to deliver. By 2012, Celente forecasts revolution in America, food riots, and tax rebellions. In four years, America will become an undeveloped nation. Holidays will be about food rather than gifts. Mass hysteria, dogs and cats living together. Doom and gloom.

http://www.edrants.com/gerald-celente-futurist-fraud/

[Petronski]

Jonah Goldberg's bestseller raised the alarm two years ago.

As I understand it, Liberal Fascism came out in paperback just this week.

[The Great RJ]

I hope people wake up for the 2010 elections and certainly when Bambi runs for his second term. If we don’t clean out Congress including more than a few RINOs and get rid of Obama we will be living in what will resemble East Germany by 2016. Even if we succeed in throwing out the Pelosi/Reid/Obama cabal it will take decades to undo the mess they have made of the US economy. I am soon moving to northern Minnesota and will be glad to be far away from places like Minneapolis because I see serious urban unrest as a result of Obama’s whipping up class warfare.

[Bob J]

Observations.

1. His basic rationale may be sound be he takes it to extreme extremes.

2. His belicose rantings about American culture sound like what I read here everyday. Unfortunately that stuff is written by the biggest idiots on FR.

3.This guy should be on Art Bell.

[AuntB]

“”When people have lost everything they have nothing to lose. Violence and crime will explode. The number of people not graduating from high school is exploding — they’re wacked out on drugs. New York City will look like Mexico City in a few years. The collapse of morality from top down — and especially in the government — makes it inevitable.””

Wish I could disagree!

[omniscient]

After Dwight Eisenhower -- our last great president ...

This kind of skews everything else in the piece. If he doesn't classify Reagan as a great president, where else is he wrong?

[toomuchcoffee]

Piffle! The world is going to end on 12/21/12 so it really is a moot subject.