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 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 ?
“stories about the homeless become more popular with the media when a Republican is in the White House.”
Yes, I remember that, I actually say quantitative evidence/charts showing that very clearly once. The vast majority of journalists are registered democrats.
I agree you cant eat a gold coin, but there is a market for it...and if paper money loses value, it would only make gold more in demand, no?
Looking at your list, there are a few inexpensive additions you might want to consider:
Canned pumpkin for Vitamin A.
Seaweed (Walmart has cheap seaweed sheets.)
Garlic powder and other herbs would add various health benefits to your diet.
Vitamin C crystals.
Water.
Brandy fruit cake. (Never underestimate the value of good, dark fruit cake preserved with brandy.)
So you think that the number of homeless will be reported on once O is inaugurated?
Why Seaweed?
I’m not afraid. Our revolution will include dropping most of the functions of Big Government. The state won’t need as much money.””
I am with you. Local is always cheaper than sending dollars for redistribution and spending to some federal agency which spends 70% of tax dollars on self-maintenance. Durasell, as usual you have it backwards.
Buying gold and platinum 1-oz coins is easy. Just get off the duff and ask your jeweler for his source. I bought my gold at $300/oz years ago.
That is to say, states like NY, CA and CT will no longer be supporting states like Arkansas, Alabama and Mississippi.””
So this is why CA is asking for billions in bailout funds from Washington?? Where do you get you ideas— Hollywood and San Fransicko? Did you also forget the bailout of NY City?? I’m guessing you are a prop 8 issue guy.
For many people, his predictions are “wishful thinking.”
I do not want to see America tank. I don’t hear any economic/financial types saying the same thing, and they have their money on the line. This guy can predict all he wants, and does not lose a penny if he is wrong. He also is not making any kind of religious prophecy, so his fans might still accept him when he turns out to be wrong.
I he is right, than the ones that will weather the storm the best are those living in the country, far away from urban chaos. In other words, conservatives.
“he mentions tent cities existing—I have never seen a tent city in the US...has anyone else.”
Yep. I’ve seen them in Southern California.
That list isn’t complete at all, but I hear ya.
I predict that lots of American folks will want to do those low-skilled, poorly-paying jobs when they need to fill their tummy and have no other option. This creates a conflict, and our government has already picked sides on the issue: NOT OURS.
Also, Affirmative Action: When times get real tough the populace will have no more patience for quotas and racial set-asides. Would you be willing to allow a lesser-qualified person get the job you want, nay, NEED? Would you willingly allow your kids to starve due to the color of their skin? I wouldn't.
I bring up those two points because I see a simmering anger in the populace right now regarding these topics, and would assume it would get worse with our coming hard times.
Here's a list of relative tax burdens, based on how much a state pays into the Federal treasury versus what it gets back.
You'll notice that the "red" states typically get more money back from the Federal treasury than they put in, while "blue" states tend to be the ones doing the subsidizing. New Jerseyites get shafted the worst, while Mississippians make out like bandits.
I live where there is arable land. You can’t control weather, which influences harvest quality and quantity. You need inputs of diesel and fertilizer to grow more than enough for yourself and to dry it, in the case of corn, after harvest. You need to buy seed, which is perishable. You need roads and bridges, not to mention tires and fuel and materials for truck maintenance and repair to get it to the cities. You need security on the roads if people are going to transport anything.
Then, once it gets to the city, what if the price is beyond the reach of most? Then you have rationing. That would set off panics and riots. Where do you store it until it can be distributed? Who provides what level of security? How do you keep the hordes from finding ways to travel out to the nearest farms and taking what they want? How many farms are situated in defensible terrain? What size gang of looters can a landowner hold off?
Lots of considerations and things could play out much differently than anyone can imagine.
I need to get more of the 18 gallon rubbermade containers.
ALready have 80-100 gallons of water stored, most potable. Anytime I empty a plastic container from something (detergent, gatorade, anything), I rinse it good and fill it.
“It is best a warrior be free and not responsible for groups” - Wu Ch’u. ~2500 years ago. Read the classics from China.
When push comes to shove the one ounce of lead in a shotgun slug is easily going to trump the ounce of gold in one’s pocket.
“Huh? Is all our plumbing, roads, bridges, etc. going to disappear? “
It can. Those infrastructures require a massive amount of repair and replacement. Under Democrats they are rarely funded. Under Obama there won’t be any money for those things not going directly into someone’s pocket where they can see the spending. He and his fellow Marxist will buy votes and infrastructure spending doesn’t result in that.
You will note that most of the food is grown in the red states. Agriculture is far and away the nations #1 industry.
“Huh??? I wasn’t aware you could possess bricks of gold.”
Why not? You can buy gold and silver in any quantity that you like. Large amounts of silver and gold are usually purchased in 10, 100, and 1,000 ounce bars.
They had one forming in Ontario California. Saw videos of it on the Los Angeles news. The local authorities were starting to kick them out. People from all over the country were there.
I don’t know about Zevon, but subsistence with antique skill sets and antique tools, plus stored esentials, is precisely what we have been setting up for some time now. I know we are not alone.
buys gold and silver...as invested well
How do you drag it all around? Consider the weight.
People would know you have it. Then what? In fact if you produce gold to purchase everybody would know what you have. Be sure to stash ammo and guns. And know how to use.
What good is it if you are hungry and there is no food to buy? Planting it won’t work very well.
It is not so. Money kept by the states would be used much more efficiently because there would be no federal overhead. Every dollar sent to Washington has a 70 cent overhead associated with the cost of fed govt operation. Dura has it exactly backwards. He/it has obviously never played the grants game.
“That is to say, states like NY, CA and CT will no longer be supporting states like Arkansas, Alabama and Mississippi.
“
So, you bought into that liberal propaganda. Dummy. Those numbers included military and federal purchasing and spending. Colorado, a State that receives only 87 cents for every dollar sent to Washington was on that list as being a welfare State simply because we are also a major military complex. Liberals like to lie and you bought it.
Many of the rich states are supporting poor states to an astounding degree. This is the “hidden” redistribution of wealth on a massive scale. States like NY get about 75 cents back for every dollar they send to DC. CT is even worse, getting back about 60 cents. Meanwhile, states like Alabama, Mississippi and Arkansas get back well over a dollar in fed funds. They are simply unable to support themselves without massive cash infusions from Washington.
This system works fine during the good times, but now the rich states have taken a hit and that money won’t be flowing as readily.
Had to be blind to not see the instability and downtrend.
He is entertaining, but anybody with a few functioning lobes would be roughly in the same region.
peppercorns traded like currency
It is suggested one store a reasoonable amount of salt whether you use much or not. Alot of people do not. But others do, and it is good traading stock.
The military spending is a political issue and — sadly — in some instances a form of welfare for local communities.
Nori Seaweed is inexpensive and a good source nutrients Vitamin A & C, calcium, zinc, iodine, iron and fiber.
This is very misleading since it is a table providing figures not normalized by income. Check the average income from states. People in MS are not allowed to make much money and hence don’t pay much. Why is CA asking for billions in bailout?
You may not feel that way when order breaks down and imported essentials such as food are limited or the grid goes down.
The thing about being surrounded by people with conservative ideals is that they mostly will not be looting your home, will band together to preserve some sort of order and will have prepared to the same degree as everyone else. They will have real skills that relate to survival.
Disclosure: I live in a blue county in a blue state, but even my Dem neighbors live by much more conservative values and are more self-sufficient than the average resident of DC and environs.
Time to stock up! We are buying more food now to store.
How do you store them, and flour?
Enter the 0bama era.
It’s much better to develop high end skill sets, make a couple million dollars and ride out the storm
Many of Napolean's soldiers starved and froze to death while retreating from Moscow. Many of the starved and frozen were found with gold coins still in their pockets.
If our economy were to really collapse, a stockpile of gold is not something I'd really want to have in my house.
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