And Now We’re Headed For The GREATEST Depression, Says Gerald Celente

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The fake “recovery” was nice while it lasted, says famous apocalyptic forecaster Gerald Celente, founder of the Trends Research Institute. But now the fun’s over, and we’re headed for what Celente describes as the “Greatest Depression.”

Specifically, the always startling Celente says the world is headed for rising unemployment, poverty, and violent class warfare as the governments efforts to keep the economy going begin to fail.

The crux of the problem, Celente argues, is that the middle class has been wiped out. America used to be a land of opportunity for all, where hard-working people could build their own small businesses in their own communities and live prosperous and fulfilling lives. But now a collusion of state and corporate interests that Celente describes as “fascism” have conspired to help only the biggest companies and the richest Americans. This has put a shocking amount of the country’s wealth in the hands of a privileged few and left the rest of the country to subsist on chicken-feed wages and low job satisfaction as Wal-Mart “associates” — or worse.

The answer, Celente says, is to bring back the laws that prevented huge companies from getting so big and powerful, and put some opportunity back in the hands of ordinary people.  But doing that is going to take a while.  And in the meantime, we’re headed for trouble.

(Celente’s dead right about U.S. wealth inequality, by the way.  It’s shocking.  And it’s getting worse.  For a quick overview, see “15 Mind-Blowing Facts About Wealth And Inequality In America)

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2 Responses

  1. Abaddon says:

    Gerald Celente tells it as it is. We all know what he says has a lot of truth in it, because we see what is happening in our own towns an cities. We, the ordinary people are living in the front line of life, we do not need the main stream media to tell us what is happening, as they pour out their lying drivel of propaganda for their masters in the establishment. Greed is the cancer of the world and it has become incurable, we are watching the death throes of a system in terminal decline. As nations go into complete meltdown. it is left only to one’s imagination as to what the near future will bring to the global system and the catastrophies that will take it to its conclusion. Amen.

  2. If this in consequence is the only way to get to the root problem of it so it be. I know exactly how pakalert, Celentine, Bruno, Ludwig are feeling about, so do I. Spt to Nov is the big meltdown everywhere

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