Tuesday, November 18, 2008

Future world economic events

Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events. His track record includes predicting the Crash of '87 and the 1991 fall of the Soviet Union. He successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar. He predicted in a November, 2007 UPI article that 2008 would be known as the "Panic of 2008" in which he specifically warned that "giants would tumble to their deaths." Celente's predictions aren't the result of either Divine revelation from Heaven or demons working a Ouija board. It's more along the lines of 'prophesying' that a dog left in the house for three days will poop on the floor. That's why we spent as much time as we did examining how the economy got into this predicament. So you could see for yourself that Celente is simply analyzing the trends -- putting two and two together and coming up with four. That, plus his track record, which demonstrates that he's been paying attention to those trends. Let's compare what Celente sees for the next four years, based on current trends, to what the Bible predicted would befall a single generation, somewhere in time.

"There will be a revolution in this country," he said in a recent interview. "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." This is what Celente predicts as well -- he says that the country is going to suddenly realize that they've been had. "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." "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.' "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." "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."

I checked Celente out. He's the real deal. He has been hailed as some kind of predictive genius by CNN, USAToday, the Wall Street Journal, the Economist . . . the point is he is neither a crackpot nor is he regarded as a crackpot by the mainstream. So, what does this mean to us? Well, lots -- and not much. It depends on your own perspective. It doesn't mean that much in the sense you probably already know all this. Maybe not Gerald Celente or the Trends Research Institute. Or his track record. But by and large, the narrative is familiar. Is Celente right on every detail? I don't know -- the details haven't all unfolded. Gerald Celente is forecasting four years into the future based on his analysis of current global trends.

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