Archive for December 19th, 2008


The great depression or worse?

December 19, 2008
Posted by clinicalthinker @ 22:00 PM

It is probably a good idea if we all fasten our seat belts and brace ourselves for hard times.
How hard? It does not look good.

We are in a time of denial. The “citizen mass” has not seen really hard times for over 50 years.
Those born after 1960 for the most part have been groomed in an atmosphere of abundance. Hardship today is doing without your ipod or shriek your cell phone.

It does not take rocket science to realize that the “rhetoric” that Obama spieled to the public no matter how well intended or not is a crock.

Gerald Celente, CEO of Trends Research Institute, has an uncanny ability to predict future events with a high degree of precision. He has appeared on numerous major news shows to include CNN and Fox News. Mr. Celente is not considered a fruitcake! His predictions have proven themselves on numerous occasions and he is well accepted by the Main Stream Media. His view of the next few years is chilling. Celente predicts that we will suffer a depression of a magnitude, which is worse than the Great Depression of the 1930’s and that we should expect to see tax rebellions and possibly a popular revolution against the government. He recently updated his prediction by stating “that America will see riots similar to those currently ongoing in Greece and that the cause will be a hyper-inflationary depression, leading to the inevitable use of troops and mercenaries to deal with the crisis as Americans are incarcerated in internment camps.”