Page added on December 19, 2011
If you’ve followed trend forecaster Gerald Celente [1] for any period of time you’ve probably realized he knows what he’s talking about. For the better part of two decades Celente and his Trends Journal [2] have been forecasting political, financial, economic and social trends with an uncanny ability for accuracy.
In his latest interview Celente discusses a variety of different topics – from Iran and Europe to domestic militarization and the economy – and warns that our worst fears will soon be realized.
Bottom line? You ain’t seen nothin’ yet:
Gerald Celente on Jeff Rense Radio [3]:
This passed (National Defense Authorization Act) the Senate by 93-7. I’m mentioning this because all the pieces are in place now.
The economy is going to crash. There is going to be chaos. Economic martial law will be called. Banks will close. And, chaos will ensure.
The law is now in place for the military to come in and take over. Fascism has come to America.
And if anyone thinks that I’m over blowing this, you may recall, for those of you who have been listening to Jeff Rense for the years that I’ve been on, that when Obama got elected I said there was a high probability, in 2009, of a bank holiday because of the disastrous economic conditions.
…
I came across a video that’s on Youtube… June of 2009… Corzine is running for re-election for Governor of New Jersey… and there’s Joe Biden… he’s campaigning for Corzine… He’s telling the audience, you know, ‘the day that we were sworn into office, the top of our agenda, the top of our list, was whether or not to call a bank holiday.’
…The point that I want to make is, and I want to drive this home, it should be headline news – the Obama administration was prepared to call a bank holiday in 2009. Economic conditions are much worse now.
Interview:
In an interview with Lew Rockwell [4] on November 30, Celente provided a timeline for events, suggesting that things may start heating up as soon as the first quarter of 2012.
“And my belief, and this is going to be a Top Trend of 2012, is that, in the new year, they are going to bring down the gavel on the system. They are going to pump it up to soak every last penny from the suckers to spend money on Christmas stuff they dont need. And after that, after the Christmas holiday’s over, then were going to get the bank holiday… some form, whether its that or not, some form of economic martial law.”
In November of 2008 Gerald Celente warned [5] that by Christmas of 2012, “putting food on the table is going to be more important than putting gifts under the Christmas tree.” Given what has transpired since then we can no longer ignore the possibility of this forecast coming to fruition. And considering that during the same time period Celente also forecast the rise of a third party in America, global riots, squatter rebellions, tax protests, and a continuing breakdown in the economy, we recommend taking this latest forecast seriously.
If our economy buckles, and we strongly believe it is only a matter of time, then you can fully expect that banks will close and chaos will ensue on the streets of America. Given recent legislation and the training exercises involving thousands of US military troops [6] to be used to quell civil unrest, we can only gather that Celente is, yet again, right on target.
Article printed from SHTF Plan – When It Hits The Fan, Don’t Say We Didn’t Warn You: http://www.shtfplan.com
URL to article: http://www.shtfplan.com/forecasting/celente-warns-of-2012-economy-will-crash-banks-will-close-chaos-will-ensue-military-will-take-over_12162011
URLs in this post:
[1] Gerald Celente: http://www.shtfplan.com/category/gerald-celente
[2] Trends Journal: http://www.trendsresearch.com/index.php
[3] Jeff Rense Radio: http://www.renseradio.com/
[4] interview with Lew Rockwell: http://youtu.be/2G_aFkdYtWw
[5] November of 2008 Gerald Celente warned: http://www.youtube.com/watch?v=46MEqEgdLTg
[6] training exercises involving thousands of US military troops: http://www.shtfplan.com/marc-faber/pentagon-military-actively-war-gaming-large-scale-economic-breakdown-and-civil-unrest_11222010
9 Comments on "When It Hits The Fan, Don’t Say We Didn’t Warn You"
armageddon51 on Tue, 20th Dec 2011 1:59 am
Ah come on PO don`t put that crap on your site. That kill all your credibility. Youtube is full of those moronic conspiracies advocates and end-of-the-world lunatics.
Ken Nohe on Tue, 20th Dec 2011 2:30 am
I tend to agree with Armageddon51. A few things are likely to get worse in 2012 especially if the Euro-zone explodes and the Chinese bubble implodes, both quite likely, but another recession, even if we finally call it by it’s real name of depression does not mean that the Maya clock will strike 12 by the end of 2012.
The real problem of our time is that we all know that there are things we should be doing, like investing for the future, including new energies, but not only that, and especially not trashing the planet. But peer pressure is stronger; most people don’t seems to care and doing anything would put those who do at a disadvantage. So we collectively do nothing while our economic system grinds to a halt, oil is depleted and the environment gets harmed. Eventually, all this will have to change. 2012 may be the beginning of the end (just as 2008 already was) but it is unlikely that there will be massive starvation in the US by the end of the year as the article implies. Martial law? Unlikely too although the water temperature will rise, no doubt. But not enough for the frogs to jump out.
BillT on Tue, 20th Dec 2011 4:13 am
armaggeddon51, perhaps you just don’t want to face the truth or reality? It may not happen in 2012, but we are far down the road that leads there. I expect the new President to possibly be the last elected President in the US.
As for Martial Law? It already exists…or don’t you ever leave the country and try to get back in? I have and do. You life is no longer private or secure.
What could trigger all of the above? The coming banking collapse and a Depression that makes the 30’s look like a birthday party. There is over $1,000,000,000,000,000.00 in junk paper floating out there in cyberspace just waiting to destroy the world’s financial systems. (yes, the number of zeros is correct! One quadrillion dollars.)
Anvil on Tue, 20th Dec 2011 6:03 am
People are so dumb they would not know the end of the world even if they walked right into it.
Beery on Tue, 20th Dec 2011 1:56 pm
Erm… Even a stopped clock is right twice a day. Let’s not give folks like Celente too much credit. He just constantly predicts unrest and disaster – when it happens he’s bound to be right, but that doesn’t make him an accurate forecaster – it just makes him a doomsayer.
Heck, I could have predicted the 2008 crash if I’d been predicting it to happen ‘next year’ for the last four decades. Heck, I’d have got the 1987 crash too.
BillT on Tue, 20th Dec 2011 2:20 pm
Beery, have another. Perhaps his timing is off because the whole thing should have collapsed in 2008. The printing presses have delayed it for a while, but we are still falling. And the longer we fall, the bigger the splat when we finally hit.
There is no going back this time. There is nothing to rebuild with. It is all in Asia. We have worn out infrastructure and a few industries that make real things that we need to live. We have a food system that relies on chemicals to grow anything in worn out dirt. We have few who even know how to farm. We are a dying Empire.
Kenz300 on Tue, 20th Dec 2011 4:11 pm
The world economy was built on cheap (OIL) energy. That is coming to an end. High oil prices will keep a lid on growth and demand causing a no growth economy or recession in most of the world. It will be a vicious cycle. Oil price hikes cause the economy to slow and prices drop. As world oil demand from China and India continues to increase prices will not drop enough to revive economic growth. The world is in a new normal. All individuals, businesses and governments need to make plans for an energy constrained world.
Imperfection on Tue, 20th Dec 2011 6:22 pm
Economic conditions are NOT worse now.
The Euro “crisis” was about screwing Euro citizens into a back door bailout of the European Banking system, where are just as Insolvent as the US Banking system. Now, that high interest rates are in place, and the banks will be lent an UNLIMITED amount of 1% loans, and be “Required” to buy Euro-Country Debt, the Conspiracy has been Completed.
The Euro-banks Now have a Long Term Path to Solvency, paid for by the Euro Tax Payer.
Anvil on Tue, 20th Dec 2011 7:22 pm
“Economic conditions are NOT worse now.” is like saying my brain is larger than it was before.