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.
I’ve been buying the flats too. I remember the rubber rings, but only because my mom used them.
LOL! You’re being disenfranchised!
I also have four or five of the large bricks (ten bars each) of soap.
If somebody wants to give me five gallons of gas for a bar of soap so they can have a bath, I’m game.
You are quite right. Think barter.
Limit power to generate electricity and your plumbing won’t work. Tax fuel so it stays high and transport will diminish, even with reasonable roads, and the cost of everything will become unaffordable. Hire the unskilled because they belong to the protected classes and infrastructure repair will suffer. Limit non-metallic mining and push the cost of asphalt higher with direct and indirect (carbon tax) taxation and the roads will be unsafe or will not be cost-effective to repair. Import low quality steel and low quality pumps, pipes, rebar, etc and nothing will be built and what is built will not function as it should.
I have no fancy track record, but these are exactly the future scenarios that have worried me.
My nearest little town is going ahead with a $60k engineering project so tht when grant money for roads happens, they ae ahead of the game. No one will listen to anyone who says we should be cautious because we don’t know if the money will materialize or if we will be eligible.
LOL The Obamas don't give Christmas gifts either. (Muslims don't celebrate Christmas.)
“If you think your taxes are high now, just wait til states are on their own!”
How so?
You best be prepared to defend your cache.
Just click this google image page. I googled homeless tent city California and had no trouble finding countless pictures of existing tent cities.
I think most of us here know what we will need to be doing to take care of ourselves and our families. Like newhouse I live in the old family home. I'm not on an acre but we have enough space for a nice garden and we have lots of fruit trees. We have not got laying hens yet because nobody wants to deal with the poop but that may come soon. Many of our friends and neighbors have hens. We are also able to live without many frills. No fancy pants types in our brood so we will acclimate to tough times with relative ease. I am a dust bowl descendant. I know the drill.
Balderdash. 'Twas democrats that took over Washington.
Sorry, I got here late and didn't read all the comments, so if anyone already pointed this out, my apologies!
Foolishly, I hold out hope that the birth issue will prevail and the electoral college won't elect obama. What'll happen then, I don't know. (Biden?) No matter what, we're due for some measure of chaos.
Praise the Lord and pass the ammunition!
My major question about gold is what will people do when the world governments agree on a set low price for it. What if they enact limits on the amount one individual is allowed to own or how much can be exchanged for cash? How do you then use it for currency? And just what do you buy in a scenario where nothing works, everything is imported and we are told to exist with no choices? What will she do when her apartment building is overtaken with squatters? How will she grow anything in the winter without heat and lights if electricity is limited?
Might as well barter bullets, lead, black powder, seeds or tobacco and invest in some land with a woodlot and a spring.
That’s because they need us to fund their little utopian fantasy; while we, on the other hand, have no need for them at all.
Not saying they don't exist, but is there any evidence that there are more of them now than, say, in 1998? Remember, stories about the homeless become more popular with the media when a Republican is in the White House.
Food isn’t the only thing I’ve been stocking up on.
Driving across the southwest rural areas a few weeks ago, I was amazed at how many abandoned buildings there already are. Nasty looking structures with walls knocked out, etc.. Apparently that is natural for the desert southwest. Boom and bust cycles. Heck, back in the 80-90's parts of Detroit City looked like a war had taken place there. Our infrastructure is already falling apart due to neglect and lack of maintenance caused by deficit spending (too much money servicing the debt).
A big division between Dem and GOP is between city and country, remember the 2004 election county map? It was red all over the map, outside of cities. There is no way for the country to secede from the cities.
Can we get the tax rebellion started now?
It did die. Wont be back. What came out of hibernation was the Russian Federation. A wounded smaller bear, still armed with nuclear weapons. The question is what will come out of the fall of the American Union ? An American Federation ?
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