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Commodity Online
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, 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 percent.
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."
The George Washington blog has compiled a list of quotes attesting to Celente's
accuracy as a trend forecaster.
"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.
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