Gerald Celente: Greatest Depression Coming (January 12, 2011)
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AEON
Rock n' Roll Doggie Band-aid
I think we're past the past the point where this could've happened. a year ago - maybe I could see this. Now, there is enough confidence to keep things afloat.
OP
OP
financeguy
ONE love, blood, life
Well, Celente said the same kinds of things would happen in his 2010 predictions, so treat it with a grain of salt. He has been right on some predictions but it seems to be the less dramatic ones for the most part.
AliEnvy
Refugee
His collapse prediction goes back to 2009.
Confidence right now is fairly precarious and any number of circumstances could tip off another meltdown - think back to when a spike in fuel prices sparked food riots in the spring of 2008.
I agree with Celente that developing productive capacity is the only way out - short of reducing the productive capacity of large competitors - let's not go there. It's going to be a tight race.
Confidence right now is fairly precarious and any number of circumstances could tip off another meltdown - think back to when a spike in fuel prices sparked food riots in the spring of 2008.
I agree with Celente that developing productive capacity is the only way out - short of reducing the productive capacity of large competitors - let's not go there. It's going to be a tight race.
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