I posted this article because this man does have a track record as a futurist and has been right about prior national crashes. He is not a prophet.
Basically He says that the US is toast and that within two years the dollar will be worth ten percent of what it is today. He does not think that things will go well for those living in big cities of the United States.
The problem with what he is says is that it might come true. If the crash of the US does not happen this year as Celente predicts the house of cards will still fall at some point in the not to distant future. Right now they are keeping it all up with smoke and mirrors.
| clipped from pacificfreepress.com |
Futurist and trends forecaster Gerald Celente, director of
the Trends Research Institute in Rhinebeck, NY, predicted the 1987 stock market
crash, the collapse of the Soviet Union in 1989, the Asian economic implosion of
‘97, the decline of the dollar beginning in 2005, the meteoric rise in gold
prices in an age of currency volatility, and the turn of events that may be the
blessing of our era, the subprime mortgage crisis. |
Celente projects economic and political crisis in the coming
year. “In 2008, Americans will wake up to the worst economic times that anyone
alive has ever seen,” he wrote on December 17. “Just as they didn’t see 9/11
coming and were frozen in shock when terror struck, [Americans] will be frozen
in shock when terror strikes again.” He predicts “failing banks, busted
brokerages, toppled corporate giants, bankrupt cities, states in default,
foreign creditors cashing out of US securities…the stage is set, the big one is
on its way.” |
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