Before every Celente interview, the host invariably accuses Gerald Celente of being a "depressing guy". Celente says he can't help the reality the economic trends foreshadow. He says he is an easy going guy, but when factors point to New York City being Mexico City by 2014, he feels it his job to report it, rather than give false hope. Celente believes Americans are still in denial about how bad things really are economically, keeping the same mindset the country held before even admitting America was in a global recession.
Newsmer.com reports on Celente: "In an appearance on Glenn Beck’s television program on April 2, 2009 Celente predicted that the sub-prime crisis was nothing compared to what was yet to come. He criticized the stimulus plan, calling government-controlled capitalism “Fascism”; that the malls in the USA would end up being “ghost malls” and that there will be a “revolution.” He criticized the banking system and claims he removed most of his money from the bank, standing by his forecast that gold will “hit $2000.”
While looking for any updates in economic predictions from Celente's website, the Obamarama caption says: "we see nothing coming from his administration that can prevent The Collapse of ’09, the Greatest Depression or the brewing Revolution. From these macro-developments, a number of other significant trends — some promising, some foreboding — will emerge, accelerate and intensify....."
You can go to Celente's site and see economic forecasts along with his descriptive, and vivid portrayals of economic life yet to come. Celente's says he wishes to warn Americans in an effort to prepare for what he says is a great downturn yet to come. Celente says when taxes get to a point that is unbearable, Americans will rebel.
Celente's most troubling quote (as if they could get any worse) sums it up:“While the decline has been decades in the making, the acceleration of ruinous policies under the current Administration is leading the United States – and much of the world – to the point of no return”.
Surely, Celente will say it loud and clear the minute he sees a bright spot heading our way.