Friday, June 05, 2009

Predictions

Gerald Celente on the current insanity and where it leads

What we’re doing is squandering our wealth, our resources, the genius of our scientists and the future of our children. We’re over-consuming in every way -- but under consuming our education and focusing on the quantity, not the quality, of what we’ve built. So much of today’s culture is counter-productive to what American built it’s foundation on -- a high-quality producing nation building things, not pushing paper.
"And we’ve become not only a consumer society but a low-quality consumer, as well as the most obese society in the world, eating low-quality high-carb, high-fat processed foods.”

"Morality is missing from our American public consciousness. Start with Wall Street. It’s run by a criminal gang. The only question is ‘how much can you make, how much can you steal?’ At the bottom, the welfare recipient says ‘how much can I take?’ And the government is in on the take."
“Morality is absolutely the issue. We had a government where we were taught all our lives that we are a free enterprise system -- so we depend on our own strength, our entrepreneurial ideas. The world used to look to us for our innovative spirit.”
“This is being destroyed before our eyes. And our government has become more interventionist than any of the old empires could imagine.”

"I predict continuing deflation of real estate, followed by extreme currency inflation -- ultimately becoming worthless. This is why gold is the only honest money -- the government can't counterfeit it. Look for it to top at least $2000 an ounce."

"Our unemployment numbers are also bogus. For example, the construction industry is really above 20% , and the government is creating low-level jobs, not real jobs. The US total real unemployment is more like 16%. Before the crisis is over, it will reach 25% - great depression numbers."

"When people have lost everything they have nothing to lose. Violence and crime will explode. Look at the OECD figures. The number of people not graduating from high school is exploding -- they're wacked out on drugs. New York City will look like Mexico City in a few years. The collapse of morality from top down -- and especially in the government -- makes it inevitable."

"Washington has declared 'Economic Martial Law'. Wall Street is putting Main Street out of business. The key to watch is Christmas sales. They’ll fail. Christmas will be when reality sets in."
"Another trend we wrote about over 2 years ago was the tax revolt. What’s happened? Tax revenues have collapsed by 33%. And the wealthy people are leaving."

"We predict state secessionist movements will rival the breakup of the Soviet Union."

My prediction - creating trillions in funny money was the last gasp of a failed system attempting to steal as much wealth as possible before total collapse. We're going to see hyperinflation before the end of the year and that's when the fascist death cult will start a world war.

2 Comments:

Anonymous nick z said...

I blame the Machiavellians. They control the government. They control Congress. They are war-profiteers that support a strong sense of nationalism to build empire. And, they have sacrificed all honor for wealth and power. Great leaders of humanity indeed.

6/6/09 7:30 AM  
Blogger Devin said...

Thanks for these very powerful comments by Gerald Celente-the thing that shocks me the most is that we still have an economy at all-the Ponzi scheme lasted a lot longer than i thought it would. I also believe the unemployment figures are totally bogus-and the last sentence could very well be the case-especially if China and others start wanting some return on their worthless dollar!! best to you and the Mrs and all who comment here as always!!

8/6/09 5:32 PM  

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