It’s the end of the world as the Greater Depression hits after 2010’s failed “W-recovery”
Human Events had the opportunity to interview forecaster extraordinaire Gerald Celente, President of Trends Research Institute, several days ago – and the future he predicts looks bleak indeed. In fact, as Mr. Celente sees it, the Great Depression will seem like a mild recession as what waits for us in 2011 hits with the force of a Katrina financial hurricane.
In case you’re wondering who Mr. Celente is (if this is still possible), he’s appeared – along with his predictions – on Oprah, CNBC, Reuters, NBC, PBS, BBC, the Glenn Beck Show – the list goes on an on. His Trends Report has been successfully predicting the major future trends impacting our lives for 3 decades, including calling the dot com crash back in the 1990’s.
Mr. Celente’s forecast on our impending future is based on his study of history. He says we are bent on destroying our currency, bankrupting our government, and unleashing a violent citizen-against-citizen eruption as the economy collapses into chaos and marshal law fascism.
Quite a claim. And God help us if he is right – again.
“We’re sounding the alarm about the ongoing downward economic cycle,” Gerald told Human Events. “In 2002, we predicted that the collapse of the American empire would fall like the World Trade Center in a thunderous crash – in slow motion before our eyes. And now it’s happening.”
Mr. Celente follows over 300 trends: family, crime, war, education, consumer & business patterns which TRI synthesizes to predict the future.
“The US is becoming a shadow of what it used to be. Take education for example. The OECD group of developed countries ranks quality of life, education, health care of its member nations. The US is now falling down the table as one piece of data after another shows America is in decline. We’re no longer Win, Place or Show in quality of life, education, longevity… all the essentials where we used to be #1. And our economic underpinnings are failing.”
Mr. Celente puts part of the blame squarely on the federal government, and especially FED Chairman Bernanke and Treasury Secretary Geithner, and warns us not to believe a word they say “They’re the same people who didn’t see it coming – are now telling us the worst is over, that ‘green shoots are spouting upwards’. But they were wrong before. They’re wrong on this too.”
“When you pump out tons of money manure into this system based on nothing – printing press paper, it’s like giving a patient with a chronic disease a pain killer – it won’t cure the patient.”
“But let’s go beyond the economics. Our whole Constitution has been abrogated. The president simply writes an Executive Order to do whatever he wants. Nationalize the banks, take over the insurance industry, automobile industry, health care industry…
None of it is constitutional.”
When did the problem begin?
“After Dwight Eisenhower – our last great president – the Allied Supreme Commander in WWII – who warned us of the dangers of the military-industrial complex. We’ve become completely corrupted.”
“We became enmeshed in foreign entanglements. We forgot the lesson of England – and how their global imperial overreach destroyed their empire.”
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