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Radical Future Prediction
Here is a picture of the next five years or so that is worth keeping in mind for several reasons. One: it is not out of the question. Two: it is not being discussed by anyone else that I know of. Three: the person who is predicting it has a pretty good track record.
I don’t say this scenario will happen. But I do say it could happen. And since it has some non-zero likelihood, investors should bear in mind the risks of something like it coming to pass as they assemble their private ideas of the world that will be determining the values of their portfolios over the next few years. Here it is:
Celente Predicts Revolution, Food Riots, Tax Rebellions By 2012
Paul Joseph Watson
Prison Planet.com
Thursday, November 13, 2008
Gerald Celente
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 future 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 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.
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.”
A d v e r t i s e m e n t
“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.”
The George Washington blog has compiled a list of quotes attesting to Celente’s accuracy as a trend forecaster.
“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
Tags: peak oil investments
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15 responses so far ↓
1 Barry // Dec 4, 2008 at 12:55 am
Now I know why your are scared.Forget this turkey.This is pure garbage.Could he be right?Sure but what are the odds he will be right?About the same as getting hit by a meteor.In every downturn these characters come out of the woodwork.If this genius is so good at seeing into the future,how come he isn’t richer then Buffett and Gates.H0w many books have been written with titles like How to survive the comming depression.If we are all going to be murdered,we might as well die fully invested in stocks.
2 robert essian // Dec 4, 2008 at 4:31 am
People are scared everywhere.
They need to blame someone to protect their mindset. Which is a combination of fear, concern and bordering on despair. These elements tend to fight or flight. Americans fight.
This could very well happen and to some great extent will.
The focuss at times is how the poor will react. Take a middle class and put them in the poor house and you have an educated base that is highly motivated. That understand the ways of the world and you have the base for protesters that would organize and make the Vietnam era protesters look tame in response to conditions we now see developing.
Obama, will be our only hope because on his watch things will need to change…Peace
3 mark // Dec 4, 2008 at 7:56 am
Will we return to our roots, a mystical hope and American ingenuity
, or will mankind revert to it’s typical cyclical destruction. That’s not a prediction, that’s simply history.
4 Peregrina // Dec 5, 2008 at 11:39 pm
Speaking of denial, have you all forgetten that the classic government response to civil unrest is to make a war. China will take Taiwan, sadly, and Islamic radicals aew such an easy target- but destruction is easy, constructive action is more intellectually challenging. As ever, the future is in all our hands.
5 Peregrina // Dec 5, 2008 at 11:41 pm
Sorry about the typos- my hands don’t work.
6 robert essian // Dec 9, 2008 at 4:32 pm
The Chicago sit in is a great example of things to come if economic conditions get much worse.
The trickle down economy is a failure. The last eight years has taken the average wage of Americans and reduced it by $7500.00 factoring for inflation. This money has lined the pockets of the rich who are now refusing to pay wages to employee’s who actually earned the money by assembling windows that were sold for profit.
Laws were broken and no one’s responsible.
Do this on a mass scale and someone is really gonna get ticked off. I would, wouldn’t you.
Then we bailout (old news) these same rich folks in every form and manner. We get passified with a stimulas check.
Time we get serious about a jobs plan.
Question: Can we really keep spending like this?…Peace
7 mark // Dec 9, 2008 at 8:31 pm
With such control, the rich must have some ingenious plan to both passify and spend our money. The election must have been for and by the rich? The price of oil must be controlled by the rich. Who can explain the economy turning on a dime. It does seem an easy way to explain circumstances?
8 Lucien Lenoire // Dec 11, 2008 at 12:13 am
It is interesting to see that someone who comments from the standpoint of the rulers, has a similar analysis to that of revolutionists. I think we will see revolutions in the USA and in the other imperialist countries. Look at what is happening in Greece, and of course Venezuela. We will not wait to see the corpse of imperialism pass by our doors, but rather will do all we can to make sure capitalism is overthrown.
9 Scott Williams // Dec 14, 2008 at 12:55 pm
Robert, buddy, it is all trickle down. Do you really think Obama’s infrastructure plan is trickle up?
10 Lakshminarayanan // Dec 15, 2008 at 9:51 am
I certainly think tax revolt and anti-bailout protests could happen …. especially if the policy prescriptions (which incidentally is a case if a bilnd leading a blind) fail … which is highly likely…
also this burying the head in the sand attitude when it comes to acknowleging mistakes, taking corrective actions, not being there is bound to create problems down the road… they (govt, treasury, fed) need to accept that you cannot increase consumption on the back of increasing job losses, insecure future and falling wealth (stocks, pensions, houses) & confidence (do you know which bank is solvent .. I don’t) so increasing liquidity cannot stench the flow .. you need other measures
11 mark // Dec 15, 2008 at 10:51 am
Monetarist actions, fed bonds, liquidity trap avoidance, increasing money supply, balance sheet adjustment, their doing it all…..katy bar the door.
12 Energy Stocks Will Roar Back - But Not Soon « Energy Business Blog [ EBB ] // Dec 31, 2008 at 8:44 am
[…] position for the foreseeable future - and look forthe current contango to melt away. [3] Hereis a set of predictions by someone with a pretty good track record thatpaint one picture in which […]
13 Paul Peterson // Feb 23, 2009 at 3:31 pm
This is exactly why the founding fathers of our country gave us the right to bear arms.They new it would some day get very corrupt and it is our duty to take back our government!The U.S. government is nervous and will attempt to force strict gun control laws
14 who // Mar 8, 2009 at 6:36 pm
That sounds like a good prediction, for Europe and the third world. As their economies collapse, their rich people will move their money to safe Canadian banks that will keep North America running just fine. We have lots of food, oil, everything we need. Globalization was a stupid idea anyway.
PS I am still waiting for the world to explode on December 31, 1999.
15 Uncle B // Jun 16, 2009 at 12:20 pm
The world can no longer afford the American Dream, America, or Americans! Too Damned Pricey! Yankee Doodle, after so many years of being ‘Dandy’ you’ll have to get off your high horse, roll up your sleeves and pull your own weight! No more fancy oil consumption, no more fine dining while others starve, no more summers off from school, no more 9 to 5 with coffee breaks and computer play times, no more white shirt, air conditioned free coffee pretty, mindless office decorating secretaries, Factory Farming will lose its investors by a mere ‘%” point to the Shanghai and Beijing stock markets for a better return on investment, and your urban population will go hungry! Oil prices rising almost exponentially against the manipulated dollar will have you walking soon! Dump out your booze, dope and prescription meds, they are too expensive to be justified by what you contribute each day at work, get rid of your pampered wife, sexy whores, high paid prostitutes, SUV’s fancy hunting trips, custom made golf clubs, spoiled fat useless children, McMansion homes and man up to the new world reality! A bunch of multi-lingual well educated rice-burners with Ph d’s are about to replace your fat assed, privileged positions by bankrupting your American company and replacing it with an Asian one! They have already put your President Obama on notice about lending more money, laughed in the face of the schmuck, shyster, Geithner in a student rally in Beijing. You can’t sell them cars anymore, you don’t make any! and the military you pull out in final defense is well armed, but unmannable, your population have all gone to pot! Booze!, Drugs! and Fatty foods, and can hardly carry their own fat asses from computer game to computer game, let alone a weapon! Now, get in your rent-a-car, and go home and wait for your GM car to be repaired, for the last time! the next one will be Asian, and disposable only! Last call was hours ago America, and you slept right through it, sorry it is too late now!
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