Futurist Gerald Celente predicts violent revolutio
Printed From: The Equity Desk
Category: Market Strategies
Forum Name: Buffet, Lynch and other legends - Investing Strategies
Forum Discription: DIscuss about the strategies followed by the great investors. Share an idea which would have impressed the masters. Try and bring their International experience into the Indian Markets.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1968
Printed Date: 07/May/2025 at 7:28am
Topic: Futurist Gerald Celente predicts violent revolutio
Posted By: BGKGURU
Subject: Futurist Gerald Celente predicts violent revolutio
Date Posted: 26/Nov/2008 at 10:59am
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Futurist Gerald Celente predicts violent revolution in America Paul Joseph Watson Prison Planet.com Thursday, November 13, 2008 The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting 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 this week. Celente says that by 2012 America 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 says that by 2012 America 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. 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 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. 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.” Check out his site here: http://www.trendsresearch.com/index.htm - The Trends Research Institute® - Tracking, Analyzing and Forecasting International Business Trends ------------- Respect the Markets and do MAKE mistakes, but see to it that you can afford to stay in the markets even after the mistake-RJ |
Replies:
Posted By: kulman
Date Posted: 26/Nov/2008 at 11:27am
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Anything & everything is possible. As the saying goes, the world is driven not by greed but by envy. In India too the widening gap between rich & poor, rising population, skewed m/f sex ratio etc could incite huge social unrest/pseudo civil war. The cliched 'unity in diversity' theme may no longer remain valid. We have so much variety to add fuel to the fire....religion, language, region, caste, sub-caste etc etc. But these are extreme scenarios that hopefully might not happen. Yet, who knows about such black swan events? India desperately needs visionary leadership & a stable single party (no coalition hung parliament please) rule. ------------- Life can only be understood backwards—but it must be lived forwards |
Posted By: Vivek Sukhani
Date Posted: 27/Nov/2008 at 12:12pm
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Really an eye-opener.......... Its very much possible. Hence on, I am not going to read any Buffett and Lynch...... ------------- Jai Guru!!! |
Posted By: arunshah2k
Date Posted: 27/Nov/2008 at 1:17pm
If this happens, what will happen to India. What will those IT people be working for? What will happen to export oriented industries? I think India will go back to those kissan raj regime, if this happens. We all will have to do "kheti badi" jobs. |
Posted By: Hitesh Shah
Date Posted: 27/Nov/2008 at 1:24pm
Sales of Mein Kampf on the rise. Hmmmm..... ------------- |
Posted By: Vivek Sukhani
Date Posted: 27/Nov/2008 at 2:21pm
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What has Mr. Gelard Celente got to say for India.......????
Have any one of us read that piece of Swami Vivekanand, wherein he said that a day will come when man will eat flesh of man.......????
Any serious student of astrology could say that Pluto's coming to Capricorn is a state of awakening. Its one of the least talked about planet but perhaps one of the planets whose movement has the strength of maximum ramifications.....
------------- Jai Guru!!! |
Posted By: smartcat
Date Posted: 27/Nov/2008 at 4:30pm
| This is scary stuff. What is the procedure for opening a savings account in a PSU bank? |
Posted By: Hitesh Shah
Date Posted: 27/Nov/2008 at 4:35pm
"Ration card" zaroori hai! ------------- |
Posted By: smartcat
Date Posted: 27/Nov/2008 at 6:46pm
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http://www.december212012.com/articles/news/Will_the_world_end_in_2012.htm -
Will the world end in 2012?
hee hee.. this is a great doomsday thread...
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Posted By: Hitesh Shah
Date Posted: 27/Nov/2008 at 7:20pm
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I wonder if any neta will be willing to give up his / her Black Cat security so that the personnel made available could be diverted to protecting the country itself.
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Posted By: prabhakarkudva
Date Posted: 27/Nov/2008 at 10:47am
| If dollar falls the way he is predicting,wont that be good for us since more money will flow to india which will be a stronger currency? |
Posted By: valueman
Date Posted: 30/Nov/2008 at 11:39am
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The communist structure in Soviet Union crumbled and gave birth to Capitalism there and we should not be surprised to see the Capitalism of United States crumble to give birth to communism there .
------------- To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks . Benjamin Graham. |
Posted By: Vivek Sukhani
Date Posted: 01/Dec/2008 at 3:45pm
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Long live the November Revolution!!!! ------------- Jai Guru!!! |
Posted By: prabhakarkudva
Date Posted: 01/Dec/2008 at 3:49pm
| What according to you guys is the probability of what this guy is predicting to come true? |
Posted By: Ajith
Date Posted: 01/Dec/2008 at 4:18pm
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Hope this guy is as wrong as Ravi Batra was about the 90s.
------------- Ajith |
Posted By: catcall
Date Posted: 01/Dec/2008 at 7:38pm
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If dollar falls 90%, the place to be in in GOLD.... ------------- There are two times in a man's life when he should not speculate-when he can't afford it and when he can-Happy investing! |
Posted By: hallmark
Date Posted: 22/Dec/2008 at 5:51pm
| Let me humbly submit that Marc Faber is predicting that the US would have to declare bankruptcy. We cannot rule out the possibility of Sovereign Wealth Funds looking for higher returns and eventually buy the Chinese Yen and Indian Rupee. However, you have to aks whether China which has given economic rights to it's citizens at some point would be forced to give political rights. When man is given food,water he later protests,etc. Would China crack down like in 1989? |
Posted By: hallmark
Date Posted: 22/Dec/2008 at 6:07pm
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the dollar's underlying asset is Gold. At some point these SWF will shortsell the dollar and go into other currencies. As all the commodities are denominated in dollars, No wonder! Marc Faber gave a price target of 3500 US$ for Gold.
The commodity cycles according to Jim Rogers are of 17-20 year time spans. The cycle of boom which began in 1999 would last for that timeframe. We will see Gold at that level.
Think about it. Central Banks are printing currencies like there is no tomorrow. There is excess liquidity. Nobody wants to be a farmer. The commodities are in short supply. They can be increased only in time. No wonder Jim Rogers is through with US stocks.
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Posted By: shivkumar
Date Posted: 22/Dec/2008 at 6:45pm
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No longer is gold the underlying asset of the dollar. Printing presses owned by the Fed seems to be the main underlying asset. The other assets are trees that produce the papyrus pulp! |
Posted By: rapidriser
Date Posted: 22/Dec/2008 at 6:19am
Shivkumar ji! You have presented a very biased view of the US Dollar. It's also backed by another valuable underlying asset...........the printing ink
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Posted By: basant
Date Posted: 22/Dec/2008 at 9:27am
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to cut down the cost and once the dollar gets devalued they can print more of US$ 1000 notes!!!
------------- 'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in |
Posted By: rapidriser
Date Posted: 22/Dec/2008 at 9:56am
......or they can follow Zimbabwe - the world leader in currency printing.
On August 1, 2008, ten 0's were removed from the Zimbabwean Dollar, reducing 10 billion old Zimbabwean dollars to one new Zimbabwean dollar
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