Gerald Celente Predicts Economic Collapse !

Gerald Celente Predicts Economic Collapse !

What’s in store for the world in 2011? Trends forecaster Gerald Celente of the Trends Research Institute provided his insights on the year ahead. Will the people of the world wake up to a dire economic reality? Will the US dollar or the value of gold prevail? Will hardship-driven crimes be committed across the socioeconomic spectrum by legions of the on-the-edge desperate? Will the “War on Terror” morph into the “War on Crime,” where all Americans are suspects until proven innocent? Will governments try to eliminate free access to the web and literally shut down computers and websites they consider a threat to national security? Will the seeds of revolution be sown?

Celente argued that all of the above will take place in some shape or form. There will be a wakeup call on the economy, a crack down on the people and a loss of liberty, and also an increase in Journalism 2.0, alternative energy and a growth in cyber war tactics.

Look what’s happening now. You name the city,” he said. “The people are getting hit on at every level.”

The banks and governments are robbing the people and will continue to do so, he argued. What they are going to do, is they are going to make up the slack by going after the little people at every level; licensing fees, parking fees, you name it, they’re going to squeeze every dollar out of the people, Celente commented. “If you go five miles over the speed limit there’s a cop waiting for you.”

Gerald Celente Predicts Economic Collapse

Gold will run high in 2011, as the federal resave continues to dump US currency into the system gold will rise much higher, possibly even double in value over the next year. In the name of terror the government will clamp down on the people, crime will rise as dissatisfaction with the economy and government policies rise. Big Brother will be watching! Celente said. We even have Wal-Marts as a rat for the homeland security division to call them up and let them know if anything is untore that they should know about and they are talking now about expanding homeland terrorist security in hotels and shopping malls.

The US and EUROPEAN government will be watching every move every person makes.

They are going to clamp down more and more as people continue to complain more and more about the injustices that are happening, particularly on the economic front, he explained. When people lose everything, and they have nothing left to lose, they lose it! As people keep losing it, the government will crack down even tighter. Looking forward, cyber warfare will grow further, becoming a new type of warfare for the 21st century. Those in cyber industry have a strong future, he added.

Were going to see more and more cyber attacks, just like we saw with WikiLeaks, explained Celente. We’re going to see worldwide cyber crime. In the end, the world will end in 2011 said Celente, but what that means exactly he wouldn’t say. The closer we get to 2012, the louder the calls will be that The End is near! Among Armageddonites the actual end of the world, and annihilation of the Earth in 2012, is a matter of certainty. Even the rational and informed may sometimes feel the world is in a perilous state. Both streams of thought are leading many to reevaluate their chances for personal survival, be it in heaven or on earth.

By the Year 2012 America and Europe will Become an Undeveloped Nations

Celente says that by 2012 America and Europe 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 last 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.

Source

Gerald Celente

Gerald Celente Predicts Economic Collapse

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