12 January 2010

Gerald Celente's 2010 US Predictions

Gerald Celente's Predictions:


  • Survivalism Goes Mainstream


  • Budgets will shrink at all scales from states to households


  • Backlash against immigration


  • More terrorist attacks likely


  • Anti-China backlash -- "Buy Local" movement


  • Continuing Economic collapse


  • A new movement toward "yankee ingenuity"  innovation


  • Collapse of cable and satellite TV in favour of online entertainments and news


  • Rising importance of spirit - lifting diversions -- including art, beauty, style, and class


  • These predictions are taken from the Trends Research Institute Journal website

    Celente's point about diversions is important. People often turn to spiritual aspects of life during economic downturns. Religion, poetry, art, literature -- may well thrive during depressions. Prostitution, drug addiction, gambling, and addiction to games and sports may also increase.

    His reference to "down-sizing" of budgets at all scales is likewise pertinent. It will not hurt most Americans to consume at thriftier levels. Particularly if they pay more attention to -- and make sure they get more enjoyment from -- the things they are consuming.

    Survivalism as a mainstream pursuit can be seen as either a diversion, a means of enabling more sustainable consumption, or as a reflection of any of Celente's main predictions above. There is considerable overlap between the "thrift movement" and the "survival movement", etc.

    Celente has been predicting "total economic collapse" for quite some time, as a video search could easily demonstrate. And over time, US government debt has risen as a proportion of GDP -- an ominous sign, beyond a certain point. Under the current US government, debt has already mushroomed far beyond anything seen before. And the Obama - Pelosi government is just getting started -- not that an opposition government would do much to reverse the course that Obama has already set in stone.

    Al Fin Futurists consider Celente's predictions to be modest and a bit too cautious. But I suppose to get the really juicy predictions in a timely manner, one would need to subscribe to the newsletter . . .

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    11 July 2009

    Rough Waters Ahead for Economy, Society

    Controversial futurist Gerald Celente does not have a high opinion of President Obama's competence as leader of the world's largest economy. In the following video, Celente describes some of the problems resulting from electing a president who is not quite up to the task. Unfortunately for the US, it does seem that virtually every policy decision of Obama's that involves the economy, is wrong.
    Gerald Celente on YouTube

    Gerald Celente's Trends Research Institute

    http://www.infowars.com/celente-predicts-revolution-food-riots-tax-rebellions-by-2012/

    H/T Neil Craig

    Nouriel Roubini looks at the US government's dishonest jobs numbers and sees reason to expect things to get worse. Again.

    More:
    Top Morgan Stanley economist sees economic and financial instability

    Economic indicators from international shipping data send ominous signal

    Inflation vs. deflation

    H/T Survival Blog

    One of the most ominous signposts for the future is the rapid growth of government employment and government spending in the face of rapid contraction in the private sector. The government employee pension fiasco is already becoming the focus of widespread discontent that could easily morph into societal discord. Deep fault lines between persons tied to the public sector and persons invested in the private sector could deepen and lurch violently in the near future. Public perception is growing that the new outfit in Washington is stripping the private sector like a junked automobile, for the benefit of Obama's financial backers and political allies.

    Prepare for the worst. Hope for the best. In that order.

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