"The Economics Of War Unfolding Now"

Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events. The man who predicted the 1987 stock market crash, the fall of the Soviet Union, the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar is now forecasting a  revolution in America, food riots and tax rebellions. He’s thinks the situation within four years will be worse than The Great Depression.

“We have an economy that is not going to recover. “

Gerald Celente

“The “Greatest Depression” holds the global economy in its grip. The predicted crime waves have turned into tsunamis,” he says in an interview with Jim Puplava at financialsense.com recorded at May 1th as raging protesters filled the streets smashing cars and builings – not only in Athens.

“We cannot clean up the streets of Chicago , how can we pretend to bring order in far away countries like Afghanistan? ”

“Following the panic of  2008, university and think tank experts dismissed as unscientific the belief that there was a correlation between high unemployment, devastating poverty, declining wages and mountains of crushing consumer debt and increased, and more violent crime.”

“America’s going to go through a transition the likes of which no one is prepared for.”

“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.”


Here’s Jim Puplava’s talk with Gerald Celente about the economics of war, recorded on May 1th 2010:


Gerald Celente Trend Blog

Related by the Econotwist:

Greek Protesters Start Blowing Up Banks

Athens Burning: Police And Protesters In Violent Clash

A Day For Remembrance

2010 Analysis: Warns Against Social Unrest

Norway’s Prime Minister Fears Social Unrest

Update: 1920-similarities

Germany In Favour Of Creating European Army

U.S Pilot Crash Plane Into IRS Building

Wars Filling Norwegian Order Books

Wave Of Protests To Hit Troubled E.U. States

Socialism For The Rich – Capitalism For The Poor?


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Filed under International Econnomic Politics, National Economic Politics