Gerald Celente: “Things Are Going to Get Much Worse…Society Is Breaking Down”

Daily Ticker/Yahoo Finance ^ | 9/15/11 | Aaron Task

[Kartographer]

"Things are going to get much worse," Celente says. "Society is breaking down on every level: socially, economically, politically and it's not just the U.S. It's worldwide."

Celente believes the globe is following a similar path to what occurred after the 1929 crash: Severe economic contraction, followed by currency wars, trade wars and, ultimately, armed conflict.

Currency wars have already started he said, citing the recent decision by the Swiss National Bank to peg the Swiss franc to the euro. "Trade wars are next and then real wars, unfortunately," Celente predicts.

Unlike the 1930s and 1940s, The Trends Journal publisher believes major nations will avoid direct conflict "because they can annihilate each other."

The bad news is he expects more asymmetrical warfare, including the use of weapons of mass destruction such as bio-terrorism and "suitcase nukes."

[Kartographer]

wrong FRiend George Santayana goes:"Those who cannot remember the past are condemned to repeat it."

Churchill's version is most likely based on Santayana's, but they are not the same.

[Kartographer]

I refer you to Post #10

[netmilsmom]

Some of what Beck says is off the mark. Lots of it isn’t.
But he still called a lot of what is happening before it happened. He sure has been right about the “Arab Spring”.

I can only watch so much of him. He scares me too much. I have to say though, he got me to stock up. I’m so glad I have more than a few cans of coffee!

[MrB]

The first sign will be when a municipality declares insolvency, asks the state to bail them out, and the state refuses to because it can’t.

It’s dominoes after that.

[Tribune7]

Santayana not Santana

What Santana said was Oye Como Va.

What Santayana actually said was: Those who cannot remember the past are condemned to repeat it.

[Drill Thrawl]

"When I was a boy of 14, my father was so ignorant I could hardly stand to have the old man around. But when I got to be 21, I was astonished at how much the old man had learned in seven years."

-- Mark Twain

[rogue yam]

Celente is full of crap.

Direct referenda on major issues conducted online?

The Founders would slap him for suggesting that!

And they’d be right!

[expatguy]

Sorry I'm not familiar with Churchill's version

An American Expat in Southeast Asia

[taxcontrol]

9x23 large frame pistol. Hits like a .357 mag, capacity of a 9mm.

[dila813]

Will we remember this time that it was Barrack Obama and his policies that lead to WWIII?

[MARTIAL MONK]

It was Churchill who said “Would you look at the hooters on that.”

[OB1kNOb]

It's shaping up just like these guys posited back in 1997. History has cycles, and the cycle we are heading into, is not one I look forward to.

[Kartographer]

I doubt it.

[Just mythoughts]

Everything will be OK if we can get everybody to pay for cancer vaccines.

[Kartographer]

Everything will be OK if we give everyone in the world free medical care, free education, a drivers licenses and a Coke!

[little jeremiah]

We will have to go through hell to get out of hell.

Might be my new tagline. I'll try it out!

[Buckeye McFrog]

In a real war one party or the other stands to gain something of real and substantial value (land, resources, slave labor, etc.)

I don’t see what a suitcase nuke or a bio terror attack on someone else would do to shore-up your sagging economy.

[Kartographer]

Fits you like a glove little jeremiah! ;-)

[Publius]

I don’t see what a suitcase nuke or a bio terror attack on someone else would do to shore-up your sagging economy.

The idea there is to destroy someone else's economy. In a collapsing world, everything becomes relative.

[dila813]

He is a wacko, but I would be ok with replacing the house of representatives with direct votes.

But the guy is nuts about having a democracy, that is chaos.