Worst economic collapse ever

[lostnotforgotten]

Run time: 11:42 https://www.youtube.com/watch?v=9nJ7LM3iyNg   Posted on YouTube: February 11, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: February 14, 2009 By DU Member: lostnotforgotten Views on DU: 632

 
Gerald Celente - The Good Days Are Over

[enid602]

1. gold

This guy appears to be just another gold peddlar; they always shout doom and gloom to try to get people to invest in gold.

[RoyGBiv]

2. Not just another one ...

He's their darling.

He correctly "predicted" the revolution in Iran that led to the overthrow of the Shah, and his investments in oil and gold then made him rich. He's been on the same record groove ever since.

LewRockwell loves him, as does Alex Jones and more recently Fox News, the latter two because it is in their interest to "predict" failure in the next four years.

[leftchick]

3. vacant Commercial Space = Home for the Homeless~

what a concept!

[DemReadingDU]

4. wikipedia - Gerald Celente

more about Gerald Celente
Gerald Celente is a United States trend forecaster and author, and CEO of The Trends Research Institute founded in 1980. He is noted for predicting the 1987 stock market crash and the fall of the Soviet Union.<1> Celente has appeared on The Oprah Winfrey Show, The Today Show<3> amongst other business news and morning shows.

Celente has criticized the Consumer Price Index because it does not integrate statistics for food and fuel.<11> He accuses the Federal Reserve of "jive talk" about interest rates, claiming that they are in a "rate trap" where lowering interest rates crashes the dollar and raising them crashes the economy.<11> He claims the Fed is exacerbating the economic crisis of 2008 by "bailing out their buddies with cheap money".<11>

He also believes that the general populace has more wisdom regarding the crisis than Wall Street, the media, and the political world.<11> He has repeatedly said the public should not be looking for solutions to the economic crisis from people who failed to see it coming in the first place. Celente is on record with the Hudson Valley Business Journal and UPI presswire service as having stated on November 12, 2007 that the coming year would bring the beginning of an economic crisis "the likes of which no one alive has ever seen."
more...
http://en.wikipedia.org/wiki/Gerald_Celente


I thought the video was good, Celente telling what I believe is coming down the road for all of us.

[RoyGBiv]

5. Look more closely at what he says ...

Most of it isn't even original. Be aware that he makes a living from hawking bad news. He's not saying anything that hasn't been said elsewhere by people with actual expertise in these matters, but he has a habit of wrapping his "awareness" of future events in language most likely to scare people, and markets, shitless.

Here you have a history of a man who not only makes his living spouting this generalist nonsense at corporations, but who is listened to by the media. If we weren’t all scared shitless, this wingnut would be chased out of boardrooms and newsrooms with pitchforks.

But who needs rational thinking when you have the comforts of defeatism? If you really want to get your dose of passive-aggressive dystopia, just call up Gerald Celente. He’s on Line 2 and he’ll take your money when you have no faith in humanity or when you don’t have a clue about how to do your job. Have him rant in your newspaper. Give him money to advise your corporation. Above all, don’t look at history, science, or specific statistics. Because Celente will boil them all down for you with one of his seemingly pithy and mysterious predictions. And he’ll be right. Because like a trusted astrology columnist or a two-bit faith healer, Celente leaves just enough room in his answer to wiggle out. And you swallow it every time. Because you’re too scared to think for yourself, or do a background check on the guy in the lobby waving his arms.

http://www.edrants.com/gerald-celente-futurist-fraud/

[Yavin4]

6. How Can Your Gold Protect You From The Masses of People Rioting In the Streets?

If it gets as bad as he says, then we're looking at a Mad Max world. There's no logical investing or planning or even living in that kind of world. It will be dog eat dog.