Gerald Celente: 2010 Brings the Great Depression - January 11, 2010
snipurl.com Celente believes the bailouts have just postponed a depression — not prevented one: “The hand may change but the game doesn’t change.”
Tags: January, Celente, Great, great depression, gerald celente, Depression, 2010
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The fundamental principle that we need to grapple with is this , Humanity cannot be treated as batteries of energy so a? few can enrich and empower themselves , the consequence is a world of war, poverty, exploitation, enviornmental destruction and many other terrible ongoing challenges, or We share the earth for all generations to come in harmony and cooperation for our material and emotional needs, We need to understand our common source and our common destiny , our common humanity as one.
The fundamental principle that we need to grapple with is this , Humanity cannot be treated as batteries of energy so a? few can enrich and empower themselves , the consequence is a world of war, poverty, exploitation, enviornmental destruction and many other terrible ongoing challenges, or We share the earth for all generations to come in harmony and cooperation for our material and emotional needs, We need to understand our common source and our common destiny , our common humanity as one.
The fundamental principle that we need to grapple with is this , Humanity cannot be treated as batteries of energy so a? few can enrich and empower themselves the consequence is a world of war,poverty,exploitation,enviornmental destruction and many other terrible ongoing challenges, or We share the earth for all generations to come in harmony and cooperation for our material and emotional needs, We need to understand our common source and our common destiny , our common humanity as one.
we are finished .
The only invisible wall the economy has hit are the brain less economists who don’t know what they are doing. The government shouldn’t be involved in bailing out companies. We need to manufacture things, bring back the factories that the traitor CEO’s sent to China. All those executives should be put on trial for treason. They were always the ones talking about how the market should work it out for itself. Especially when workers were unemployed and needed a helping hand. Bottom line arrest
Gerald Celente is right, the Markets are giving under the heavy burden of debt. I think 2010 will be a year to remember in terms of finances.
where’s Dennis the Menace? I Love it; I think I sparked a rash of ridicule on that slimy, dirty-faced little boy Henry Blodgett over at Yahoo Finance. Most people didn’t know that Blodgett was Banned from Securities trading…and, There was Dennis, with his little brother Aaron, steering everyone through the pain.
I LOVE the Smell of Profits in the Morning. hahaha
Gerald is the bomb. He knows his stuff. Get your food and water syocked up.
It’s time to wake up. Thanks!!!!!!!
Assignats were paper money issued by the National Assembly in France during the French Revolution. The assignats were issued after the confiscation of church properties in 1790 because the government was bankrupt. The government thought that the financial problems could be solved by printing certificates representing the value of church properties. These church lands became known as biens nationaux. Assignats were used to successfully retire a significant portion of the national debt .
That’s great that he predicts trends and he is right about printing too much money. But what SOLUTIONS does he have? The truth - there are no solutions. I’ve been studying social change, globalization and human ecology matters such as population overshoot and YES, we have overshot the sustainable capacity of this planet. Result: standard of living MUST drop to a sustainable level - and THEY WILL . . .for awhile, then technology can prop our standard of living back up. It’s going to be messy!
This guy is so accurate because he has no agenda. He’s not looking for evidence of a recovery so that he can tell people that things are getting better and he’s not afraid to expose the complete, non-sugar-coated truth that nobody wants to face or hear.
I’ve been following Mr. Celente for awhile now. It’s almost frightening how accurate he is. This is a dated clip, but very telling nonetheless. Thank-You Gerald for keeping us informed.
This guys tells it as it is. How on earth do you think you can sustain 1trillion+ debt and be decreasing in jobs at the same time? Answer: You can’t, it is not going to get better until people start doing stuff for themselves and stop riding on the backs of big government!
I’ve been following Mr. Celente for quite some time now. He’s dead on, but very few are listening. But at some point, the economic ostriches of this world WILL take their heads out of the ground and listen. But it will be too late …
our goverment already knows it is coming.that is why they are pushing for the new amero dollar.lets lok at what happened to say italty when they went to the euro-the money in their savings was devalued they lost money when they were forsed to buy euroes
this dude is fuckn smart as, excellent
this guy is right on
Gerald Celenteeeeeeeeeeeeeee