Hesham A Syed

January 4, 2009

A shocking Prediction about USA & Western world

A shocking prediction for the disintegration of USA – sharing the information and comment received

Info recvd :

The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting a revolution in America , food riots and tax rebellions – all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.

Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy
in predicting future world and economic events, which will send a chill down your spine
considering what he told Fox News this week.

Celente says that by 2012 America will become an undeveloped nation, that there will
be a revolution marked by food riots, squatter rebellions, tax revolts and job marches,
and that holidays will be more about obtaining food, not gifts.

“We’re going to see the end of the retail Christmas….we’re going to see a fundamental
shift take place….putting food on the table is going to be more important that putting
gifts under the Christmas tree,” said Celente, adding that the situation would be “worse
than the great depression”.

” America ’s going to go through a transition the likes of which no one is prepared for,”
said Celente, noting that people’s refusal to acknowledge that America was even in a
recession highlights how big a problem denial is in being ready for the true scale of the crisis.

Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime
mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November
last year that the following year would be known as “The Panic of 2008,” adding that
“giants (would) tumble to their deaths,” which is exactly what we have witnessed with
the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar
would eventually be devalued by as much as 90 percent.

The consequence of what we have seen unfold this year would lead to a lowering in
living standards, Celente predicted a year ago, which is also being borne out by
plummeting retail sales figures.

The prospect of revolution was a concept echoed by a British Ministry of Defence
report last year, which predicted that within 30 years, the growing gap between the
super rich and the middle class, along with an urban underclass threatening social
order would mean, “The world’s middle classes might unite, using access to knowledge,
resources and skills to shape transnational processes in their own class interest,” and that,
“The middle classes could become a revolutionary class.”

In a separate recent interview, Celente went further on the subject of revolution in America.
“There will be a revolution in this country,” he said. “It’s not going to come yet, but it’s
going to come down the line and we’re going to see a third party and this was the catalyst
for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless
coup. And it will happen as conditions continue to worsen.”

“The first thing to do is organize with tax revolts. That’s going to be the big one because
people can’t afford to pay more school tax, property tax, any kind of tax. You’re going to
start seeing those kinds of protests start to develop.”

“It’s going to be very bleak. Very sad. And there is going to be a lot of homeless, the likes
of which we have never seen before. Tent cities are already sprouting up around the country and we’re going to see many more.”

“We’re going to start seeing huge areas of vacant real estate and squatters living in them
as well. It’s going to be a picture the likes of which Americans are not going to be used to.

It’s going to come as a shock and with it, there’s going to be a lot of crime. And the crime
is going to be a lot worse than it was before because in the last 1929 Depression, people’s
minds weren’t wrecked on all these modern drugs – over-the-counter drugs, or crystal meth
or whatever it might be. So, you have a huge underclass of very desperate people with their minds chemically blown beyond anybody’s comprehension.”

Comments

Comment from heshamsyed
January 1, 2009 at 6:48 PM

A COMMENT / FEED BACK RECEIVED :

To: “Planet Finance”
Received: Wednesday, December 31, 2008, 10:18 PM

Sent: Wednesday, December 31, 2008 8:31 PM
Subject: PREDICTIONS 2009 – 2012

Thanks for letting me this know.
I agree with this man about 2012 but I had expected this for 2011, not for 2010. Besides being an Economist, I’m an Astrologer also and I know that Pluto is coming back to the same spot that it has been before Revolution against British Empire had started in what’s now northeastern USA.

Barack Obama’s Election is only the first primary omen of that revolution. In my prediction, I had avoided speaking of what would happen in USA after 2011 crash of Dollar assuming, that people may already know, what happens, when currency of a country crashes. This Mr. Celente is talking about what would happen after US Dollar crashes. Below now, I explain as an impartial Economist, what would take place after crash of Dollar.

Of course it means, that …

1. Economies of all countries earning up to hundreds of billions of dollars every year on their export to USA would suffer besides American Consumers, who are reason of their exports making USA import 40% of whole world’s export.

2. Americans would suffer gravely for not being able to purchase imports after crash of Dollar because price of all imports would rise.

3. If the Crash causes Dollar to deplete in Exchange Rate by 90% it would mean that Gasoline/Petrol would cost 9 times more per Gallon in USA or $ 15 if present $ 1.64 per Gallon price is for real. This would make more than half of US population to think of taking a Bus or Train instead of driving their cars but Buses and Trains are not available everywhere in USA therefore, it would become a huge problem.

4. USA would be scrambling to buy a million Buses for Public Transportation for Public Transportation.

5. Presently, 36% of all large US Banks, Insurance companies, Companies and Industries are owned by Foreigners. Crash of Dollar means, a lot of U.S. Industries and Institutions would be bought-off by Foreign Invenstors reducing her debt (as Foreign Money pours in) but it would be making Foreign Interests, the strongest Lobby in Washington reducing rights of Americans and making their government work more for other countries than for Americans. Soveriegnity of Americans would be lost for good and USA would become an Internationally-owned corporation instead of a Sovereign State.

THE POSITIVE POINTS:

6. A 90% depletion of Dollar’s Exchange Rate would also mean that GDP of USA would drope below the GDP of S. Africa, which means, all the Gold Mines that had been sealed-off because they were no more Cost Affective would re-open and would start earning Foreign Exchange.

7. 90% lower GDP means, 90% decrease in Per Capita Income or wages. A lot of products that are presently imported, would start getting manufactured in USA since it would become profitable to do so because of competible lower wages in Yen, Euro, Swiss Franc and Pound Sterling. This would create a lot of new jobs for Americans.

8. 90% lower wages and depletion of Exchange Rate of Dollar would also mean, a lot of Industries of Non American advanced world like AirBus, Automobile, Tractor, Heavy Equipment, Metals, Agricultural Export etc would collapse in front of US-made products and produce.

9. 90% lower wages would mean, USA could become a Net Exporter to pay-off, what she owes to Export-oriented countries of the world.

So, here I predict that by 2020’s it would seem like USA is going to come back to claim her present position and it may start happening but then in 2030’s, the world would go through another adjustment and USA would face another Depression. In 2040’s USA would revover from that and would start rising again but not like she had in 1940’s.
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