Posted tagged ‘Gerald Celente’
The wealth of plain, hard facts upon which The Trends Research Institute’s forecasts are based belie the lofty promises made by President Obama’s first address to Congress.
“We will rebuild, we will recover, and the United States of America will emerge stronger than before,” said President Obama.
Said Celente, “The government has yet to fix the levees in New Orleans. There is still a hole in the ground where the World Trade Center once stood. Washington has started two wars it can’t win and doesn’t know how to finish. The massive bank, brokerage, auto and insurance company bailouts have done nothing to resuscitate the sinking economy. The Troubled Assets Relief Program (TARP) that candidate Obama championed has not “relieved.” President Obama’s $787 billion American Recovery and Reinvestment Act will not lead to recovery and the nation will not ’emerge stronger than before,'” Celente continued.
Who are you going to believe – Obama or your lying eyes?
Renowned trends forecaster Gerald Celente, CEO of Trends Research Institute, has a bleak outlook for the year ahead.
Celente has a history of accurate trend predictions behind him – he forecasted the subprime mortgage financial crisis and the decline of the dollar a year ago and gold’s rise in May. He also predicted the 1997 Asian Currency Crisis and the fall of the Soviet Union.
So what do we have in store for us, according to Celente’s Institute? Here’s a glimpse…
The Collapse of ’09: Markets will tumble and major businesses will fail.
The Greatest Depression: Worse than the1930’s Depression. Why?
Revolution: What will be the spark that ignites it? Who will fire the shot heard around the world?
Obamarama: High hopes, broken promises: Some victories, major failures.
Economic Slim-Fast: Like it or not, Americans will go on a spending diet and food diet.
Bush Gardens: Lawns out, Edible Landscaping in. Why Bush Gardens?
Whole Health Healing: 2009 marks a year of “attitude change” for the on-trend health aware.
Little People Squeeze: Politicians will put the financial squeeze on the already squeezed.
Regenerative Medicine: The time is ripe for stem cells to come out of the laboratory and into the clinic.
That’s Entertainment. Lifting spirits and drinking them will be big business and major pastimes during the Greatest Depression.
College Crash: Following the equity market meltdown, the real estate bust and the retail unraveling, comes the college crash.
Prepare yourselves as best you can while you still can. Do it even if it makes you feel like you’re wearing a tin-foil hat. As my granny always said – better safe than sorry.