Gerald Celente: "Worst economic collapse ever"

[nullzero]

Here is a youtube video of Gerald Celente laying it out the situation to a interviewer.

http://www.youtube.com/watch?v=9nJ7LM3iyNg

For those who don't know Gerald Celente;

http://en.wikipedia.org/wiki/Gerald_Celente

Gerald Celente is a United States trend forecaster and author, and CEO of The Trends Research Institute founded in 1980. He is noted for predicting the 1987 stock market crash and the fall of the Soviet Union.[1] Celente is a Close Combat practitioner and black belt trainer whose practice reflects his proactive philosophy.[2] He is a self-described "political atheist" and "citizen of the world".[2] Celente has appeared on The Oprah Winfrey Show, The Today Show[3] amongst other business news and morning shows.

Locked due to lack of commentary from OP.

Anandtech Senior Moderator
Red Dawn

 

[Farang]

Sentence-by-sentence, from your quote, why this is not worth my time:

1)" Trend Forecaster and Author, and CEO" Ambiguous title that is largely self-given but insinuates a high education and a high degree of achievement.
2) Institute he founded is unknown, but a old founding date is added to lend credibility.
3) Claims to have predicted major events
4) Mystic element to reconcile any doubts reader may have about how one person can have so much talent.
5) Self-proclaimed title
6) Most notable references to his actual achievements are talk and morning shows which he managed to get on in some fashion, judging by the reliability of the rest of his pitch I imagine he was an audience member who Al Roker interviewed.

 

[nullzero]

Thats ok Farang... If you do not want to watch it. However he does have more credibility then peter schiff and jim rogers.

 

[LegendKiller]

Originally posted by: nullzero
Thats ok Farang... If you do not want to watch it. However he does have more credibility then peter schiff and jim rogers.

He has 0 credibility and has been refuted dozens of times.

 

[nullzero]

I don't think your track record is too good legendkiller... You have been one of the perma bulls on economy on this forum for a while. The economic system is breaking down everywhere you look yet you remain in your bubble believing everything is fine.

 

[LegendKiller]

Originally posted by: nullzero
I don't think your track record is too good legendkiller... You have been one of the perma bulls on economy on this forum for a while. The economic system is breaking down everywhere you look yet you remain in your bubble believing everything is fine.

A "perma bull"? What the fuck dude. I'm far from a "perma bull". I predicted the collapse of the housing shit-fest back in 2003 and I hardly think "everything is fine". Get a fucking clue, it ain't hard to see the problems. Knowing how to fix them is the hard part.

This guy is a fucking fraud.

http://www.edrants.com/gerald-celente-futurist-fraud/


or how about here.

<a target=_blank class=ftalternatingbarlinklarge href="http://http:

Yet another refute...He's a fucking joke!

[L=http://louminatti.blogspot.com...e-is-full-of-crap.html]http://louminatti.blogspot.com/2008/11/gerald-celente-is-full-of-crap.html">http://blogs.computerworld.com/fox_news_obama_gloom</a>


Anybody can predict gloom and doom months ahead of time. Anybody can extrapolate and prognosticate, then revise history in the future. This is what he best at.

Where are his SPECIFIC predictions on the Asian debt crisis? Russia? Provide them, otherwise anybody can make any claim they want.

There are plenty of examples around.

 

[WhipperSnapper]

Would anyone care to refute what he had to say instead of just calling him a whack job? Is there any reason not to believe that the nation's economy will continue to deteriorate and that it will get much, much worse? IMHO, the depression hasn't even started yet. Perhaps Americans will learn about the concept of Global Labor Arbitrage and even come to understand it, but I doubt they'll figure it out in mass. Are you prepared for the upcoming American Economic Holocaust and are ready to join the third world?

 

[nullzero]

LegendKiller,

All you seem to post is peoples blogs you posted no solid concrete info... I can post a dozen news articles showing some accurate predictions he has made. LegendKiller and others like him are really just scared at heart... they try to marginalize anyone who disagrees or has views of the economy dramatically different from theirs as wackjobs.

LegendKiller here is some links to satisfy you...

http://www.highbeam.com/doc/1G1-13604298.html Interview from 1993
http://www.nydailynews.com/arc...ear__or__01_to_fo.html article from December 2000 (lets see looks like all his predictions are pretty much spot on)

Try picking up one of his older books and reading it a majority of his trends he pointed out have been correct.

 

[gingermeggs]

Sure the Usa is screwed and the japs, but I'd say for the rest of Asia , eastern Europe and Russia things are definitely on the improve in gdp terms and standards of living. It is hopeful of a yank to think that everyone else will be fucked because the Usa no longer has any credit rating, why would you lend money to the Usa at 1.5% when you could lend it out at over 7% elsewhere. this guy has got it half right, looks like the only people getting hurt finally is American's- and there will be little pity from other corners of the globe.
It'll be funny to see canadian's treating you's like wetbacks!

 

[JMapleton]

Originally posted by: nullzero
Thats ok Farang... If you do not want to watch it. However he does have more credibility then peter schiff and jim rogers.

Jim Rogers is a billionaire who has put his money where his mouth is. This guy is some looney who writes books for a living by scaring the public.

 

[StageLeft]

Originally posted by: gingermeggs
Sure the Usa is screwed and the japs, but I'd say for the rest of Asia , eastern Europe and Russia things are definitely on the improve in gdp terms and standards of living. It is hopeful of a yank to think that everyone else will be fucked because the Usa no longer has any credit rating, why would you lend money to the Usa at 1.5% when you could lend it out at over 7% elsewhere. this guy has got it half right, looks like the only people getting hurt finally is American's- and there will be little pity from other corners of the globe.
It'll be funny to see canadian's treating you's like wetbacks!

what

You should read more on P&N before posting again. This is impacting every country of significance, and many countries more severely than the US. Canada, in January, lost more jobs per capita than the US (about 4X more, if I recall correctly, based on a thread I Made). The US dollar is up significantly over the Euro and great british pound in the past few months. Russia? With what money; their oil revenues are down from where they need to be to really modernize the country.

Everyone is screwed, the only difference is some are getting lube and some not.

To address this guy, it's a retard, quite obviously. He's saying there will be anothre revolution, crime levels at the same level as third world countries and, quote "Hello, Mexico City." I'm finished with him.

 

[gingermeggs]

Originally posted by: Skoorb

Originally posted by: gingermeggs
Sure the Usa is screwed and the japs, but I'd say for the rest of Asia , eastern Europe and Russia things are definitely on the improve in gdp terms and standards of living. It is hopeful of a yank to think that everyone else will be fucked because the Usa no longer has any credit rating, why would you lend money to the Usa at 1.5% when you could lend it out at over 7% elsewhere. this guy has got it half right, looks like the only people getting hurt finally is American's- and there will be little pity from other corners of the globe.
It'll be funny to see canadian's treating you's like wetbacks!

what

You should read more on P&N before posting again. This is impacting every country of significance, and many countries more severely than the US. Canada, in January, lost more jobs per capita than the US (about 4X more, if I recall correctly, based on a thread I Made). The US dollar is up significantly over the Euro and great british pound in the past few months. Russia? With what money; their oil revenues are down from where they need to be to really modernize the country.

Everyone is screwed, the only difference is some are getting lube and some not.

To address this guy, it's a retard, quite obviously. He's saying there will be anothre revolution, crime levels at the same level as third world countries and, quote "Hello, Mexico City." I'm finished with him.

so according to you ! Canada lost 2million jobs in January?
get off the grass/crack/smack skipper before you make any more postings ever again in your lifetime!


USA shed 500,000 jobs January.
The significance here is your economy is "perma-screwed", not everyone elses, yours!
Putkin is right (right in many ways!) when he said you'll need to fight your way out of this one.
you talk about modernizing- how bout having a manufacturing base to begin with, your corps have screwed you's on labour costs and moved their plants to places like china, indonesia and vietnam, now those same countries sell a exact copy of those products for a fraction of the cost of "the brand name" item and thus so are pricing those companies out of business, the double whammy is in motion now. Fashion in power tools or tv's never really matter to me as a consumer. I can't think of anything I now buy which is american made or the original brand except for intel chips- are they made in usa anymore?
where is your gdp going from here? do have iron ore? coal? oil? beef? wheat? gold? aluminium? what can save you's except standing over the world with a gun.
there's a reason the pommes hanged on to canada and let the Usa become a republic and it is simple as a geological survey of those countries.
From here a lot of countries will dump the corps which are run or originate from the Usa and take up new and more profitable allegiances with countries from the eu and china, watch as china buys up your offshore mining interests and oil. China will lead the next generation of solar power generation, I know this because I have already seen whats coming, they are just counting down the patent time, hell they stole from us here in Australia (but why didnt we develop it? being suppressed by big oil....again).
Time to drop the patriot trip dude' and make the most of the big picture for yourself.

 

[WhipperSnapper]

Originally posted by: SkoorbTo address this guy, it's a retard, quite obviously. He's saying there will be anothre revolution, crime levels at the same level as third world countries and, quote "Hello, Mexico City." I'm finished with him.

A revolution couldn't happen here nor could the American economy collapse, right? That stuff only happens in exotic, faraway places with funny names like Russia, France, and the Roman Empire where aliens, little green men with antennae, live. In your view, it's a proven, scientific and economic fact that it is metaphysically impossible that in the United States, a failing economy could increase crime in the U.S. and that a revolution might occur someday in the future. Utterly impossible, right?

 

[CLite]

Originally posted by: gingermeggs

Originally posted by: Skoorb

Originally posted by: gingermeggs
Sure the Usa is screwed and the japs, but I'd say for the rest of Asia , eastern Europe and Russia things are definitely on the improve in gdp terms and standards of living. It is hopeful of a yank to think that everyone else will be fucked because the Usa no longer has any credit rating, why would you lend money to the Usa at 1.5% when you could lend it out at over 7% elsewhere. this guy has got it half right, looks like the only people getting hurt finally is American's- and there will be little pity from other corners of the globe.
It'll be funny to see canadian's treating you's like wetbacks!

what

You should read more on P&N before posting again. This is impacting every country of significance, and many countries more severely than the US. Canada, in January, lost more jobs per capita than the US (about 4X more, if I recall correctly, based on a thread I Made). The US dollar is up significantly over the Euro and great british pound in the past few months. Russia? With what money; their oil revenues are down from where they need to be to really modernize the country.

Everyone is screwed, the only difference is some are getting lube and some not.

To address this guy, it's a retard, quite obviously. He's saying there will be anothre revolution, crime levels at the same level as third world countries and, quote "Hello, Mexico City." I'm finished with him.

so according to you ! Canada lost 2million jobs in January?
get off the grass/crack/smack skipper before you make any more postings ever again in your lifetime!


USA shed 500,000 jobs January.
The significance here is your economy is "perma-screwed", not everyone elses, yours!
Putkin is right (right in many ways!) when he said you'll need to fight your way out of this one.
you talk about modernizing- how bout having a manufacturing base to begin with, your corps have screwed you's on labour costs and moved their plants to places like china, indonesia and vietnam, now those same countries sell a exact copy of those products for a fraction of the cost of "the brand name" item and thus so are pricing those companies out of business, the double whammy is in motion now. Fashion in power tools or tv's never really matter to me as a consumer. I can't think of anything I now buy which is american made or the original brand except for intel chips- are they made in usa anymore?
where is your gdp going from here? do have iron ore? coal? oil? beef? wheat? gold? aluminium? what can save you's except standing over the world with a gun.
there's a reason the pommes hanged on to canada and let the Usa become a republic and it is simple as a geological survey of those countries.
From here a lot of countries will dump the corps which are run or originate from the Usa and take up new and more profitable allegiances with countries from the eu and china, watch as china buys up your offshore mining interests and oil. China will lead the next generation of solar power generation, I know this because I have already seen whats coming, they are just counting down the patent time, hell they stole from us here in Australia (but why didnt we develop it? being suppressed by big oil....again).
Time to drop the patriot trip dude' and make the most of the big picture for yourself.

Please re-read "lost more jobs per capita than the US". The fact that you think Russia will get out of this ahead when oil is in the low 30's wrecks your credibility. Combined with a strengthening dollar and yen (the two you predicted to fall apart), you have about as much worthwhile input as the guy this topic is about.

 

[StageLeft]

Originally posted by: gingermeggs

Originally posted by: Skoorb

Originally posted by: gingermeggs
Sure the Usa is screwed and the japs, but I'd say for the rest of Asia , eastern Europe and Russia things are definitely on the improve in gdp terms and standards of living. It is hopeful of a yank to think that everyone else will be fucked because the Usa no longer has any credit rating, why would you lend money to the Usa at 1.5% when you could lend it out at over 7% elsewhere. this guy has got it half right, looks like the only people getting hurt finally is American's- and there will be little pity from other corners of the globe.
It'll be funny to see canadian's treating you's like wetbacks!

what

You should read more on P&N before posting again. This is impacting every country of significance, and many countries more severely than the US. Canada, in January, lost more jobs per capita than the US (about 4X more, if I recall correctly, based on a thread I Made). The US dollar is up significantly over the Euro and great british pound in the past few months. Russia? With what money; their oil revenues are down from where they need to be to really modernize the country.

Everyone is screwed, the only difference is some are getting lube and some not.

To address this guy, it's a retard, quite obviously. He's saying there will be anothre revolution, crime levels at the same level as third world countries and, quote "Hello, Mexico City." I'm finished with him.

so according to you ! Canada lost 2million jobs in January?
get off the grass/crack/smack skipper before you make any more postings ever again in your lifetime!


USA shed 500,000 jobs January.
The significance here is your economy is "perma-screwed", not everyone elses, yours!
Putkin is right (right in many ways!) when he said you'll need to fight your way out of this one.
you talk about modernizing- how bout having a manufacturing base to begin with, your corps have screwed you's on labour costs and moved their plants to places like china, indonesia and vietnam, now those same countries sell a exact copy of those products for a fraction of the cost of "the brand name" item and thus so are pricing those companies out of business, the double whammy is in motion now. Fashion in power tools or tv's never really matter to me as a consumer. I can't think of anything I now buy which is american made or the original brand except for intel chips- are they made in usa anymore?
where is your gdp going from here? do have iron ore? coal? oil? beef? wheat? gold? aluminium? what can save you's except standing over the world with a gun.
there's a reason the pommes hanged on to canada and let the Usa become a republic and it is simple as a geological survey of those countries.
From here a lot of countries will dump the corps which are run or originate from the Usa and take up new and more profitable allegiances with countries from the eu and china, watch as china buys up your offshore mining interests and oil. China will lead the next generation of solar power generation, I know this because I have already seen whats coming, they are just counting down the patent time, hell they stole from us here in Australia (but why didnt we develop it? being suppressed by big oil....again).
Time to drop the patriot trip dude' and make the most of the big picture for yourself.

I said PER CAPITA, Da Vinci; learn how to read.

Link It was actually twice as many PER CAPITA, not four as I said here.

The rest of your post is just a mess and not really worth talking to. You're patently ignorant of this topic almost in a perfect way.

A revolution couldn't happen here nor could the American economy collapse, right? That stuff only happens in exotic, faraway places with funny names like Russia, France, and the Roman Empire where aliens, little green men with antennae, live. In your view, it's a proven, scientific and economic fact that it is metaphysically impossible that in the United States, a failing economy could increase crime in the U.S. and that a revolution might occur someday in the future. Utterly impossible, right?

Not impossible. Of course the United States will fall one day and its reign will be almost certainly shorter than other great empires. It's only been top dog for a pimple on time's ass compared to other empires. Crime will certainly go up, but Mexico City levels seem, at the very least, unlikely. And revolution, maybe, but I rather doubt it (and by rather I mean almost no chance in hell at the moment). A poor economy alone isn't going to push the US to a revolution unless you think being kicked from a house to an apartment and having to forgo a new car is reason enough for people to take up in arms.