The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting a revolution in America, food riots and tax rebellions – all within four years, while cautioning that putting food on the table will be a more pressing concern than buying
Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News recently.
Celente says that by 2012, America will become an under-developed 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 than 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.
He predicted the 1997 Asian Currency 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 percent. The consequence of what we have seen unfold this 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.
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.”
“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.
Celente’s accuracy as trend forecaster
The George Washington blog has compiled a list of quotes attesting to Celente’s accuracy as a trend forecaster:
“When CNN wants to know about the Top Trends, we ask Gerald Celente.” “Gerald Celente has a knack for getting the zeitgeist right.” – USA Today
“There’s not a better trend forecaster than Gerald Celente. The man knows what he’s talking about.” – CNBC
“Those who take their predictions seriously …consider Gerald Celente and the Trends Research Institute.” – The Wall Street Journal
“Gerald Celente is always ahead of the curve on trends and uncannily on the mark … he’s one of the most accurate forecasters around.” – The Atlanta Journal-Constitution.
“Mr. Celente tracks the world’s social, economic and business trends for corporate clients.” – The New York Times
“Mr. Celente is a very intelligent person. We are able to learn about trends from an authority.” – 48 Hours, CBS News
“Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing.” – The Detroit News
“Gerald Celente forecast the 1987 stock market crash, ‘green marketing,’ and the boom in gourmet coffees.” – Chicago Tribune
“The Trends Research Institute is the Standard and Poors of Popular Culture.” – The Los Angeles Times
“If Nostradamus were alive today, he’d have a hard time keeping up with Gerald Celente.” – New York Post