Gerald Celente: “There is no economic recovery- it’s a cover-up”
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October 26th, 2009 by Prieur du Plessis, Investment Postcards from Cape Town
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In this video clip, James Corbert of thecorbertreport.com interviews Gerald Clemete of TrendsReseach.com on the lie of the US economic landscape. “There is no economic recovery - it’s a cover-up,” says Celente.
The following on Celente via Wikipipedia:
Gerald Celente (born November 29, 1946) is a United States trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets and other events of historical importance. Celente has described himself as a “political atheist” and “citizen of the world.”
An article in the Washington Times has claimed “Celente’s accurate forecasts include the 1987 stock market crash, the collapse of the Soviet Union in 1991, the 1997 Asian currency crash” and “the 2007 subprime mortgage scandal.” His forecasts since 1993 have included predictions about terrorism, economic collapses and war. More recent forecasts involve fascism in the United States, food riots and tax revolts. Celente has long predicted global anti-Americanism, a failing economy and immigration woes in the US. In December 2007 Celente wrote, “Failing banks, busted brokerages, toppled corporate giants, bankrupt cities, states in default, foreign creditors cashing out of US securities … whatever the spark, the stage is set for panic in the streets” and “Just as the Twin Towers collapsed from the top down, so too will the US economy … when the giant firms fall, they’ll crush the man on the street.” He has also predicted tax revolts. In November 2008 Celente appeared on Fox Business Network and predicted economic depression, tax rebellions and food riots in the United States by 2012. Celente also predicted an “economic 9/11″ and a “panic of 2008.”
In 2009 Celente predicted turmoil which he described as “Obamageddon” and he was a popular guest on conservative cable-TV shows such as Fox News Sunday and Glenn Beck’s tv program. In April 2009 Celente wrote, “Wall Street controls our financial lives; the media manipulates our minds. These systems cannot be changed from within. There is no alternative. Without a revolution, these institutions will bankrupt the country, keep fighting failed wars, start new ones, and hold us in perpetual intellectual subjugation.” He appeared on the Fox/Glenn Beck show and criticized the US stimulus plan, calling government controlled capitalism “fascism” and saying shopping malls in the US would become “ghost malls.” Celente has said, “smaller communities, the smaller groups, the smaller states, the more self-sustaining communities, will ‘weather the crisis in style’ as big cities and hypertrophic suburbias descend into misery and conflict,” and forecasts “a downsizing of America.”
Source: The Corbett Report, thecorbettreport.com
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Dr. Prieur du Plessis is an investment professional with 26 years' experience in investment research and portfolio management. More than 1,200 of his articles on investment-related topics have been published in various regular newspaper, journal and Internet columns, including his blog, Investment Postcards from Cape Town. He has also published a book, Financial Basics: Investment. Prieur is Chairman and principal shareholder of South African-based Plexus Asset Management, which he founded in 1995. The group conducts investment management, investment consulting, private equity and real estate activities in South Africa and a number of foreign countries. He also serves as Honorary Consul of Slovenia for South Africa, actively developing economic, cultural and scientific relations between Slovenia and South Africa. Prieur is 54 years old and live with his wife, television producer and presenter Isabel Verwey, and two children in Cape Town, South Africa. His leisure activities include long-distance running, traveling, reading, motor-cycling and scripophily. Read more from the author/contributor here.
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Tags: Anti Americanism, Asian Currency, Citizen Of The World, Collapse Of The Soviet Union, Corbert, Corporate Giants, Currency Crash, Economic Depression, Economic Landscape, Food Riots, Fox News, Fox News Sunday, Gerald Celente, Giant Firms, Global Financial Markets, Immigration Woes, oil, Stock Market Crash, Subprime Mortgage, Tax Revolts, Trend Forecaster, Trends JournalPosted in Markets |
