Gerald Celente: We Are Forecasting There Is Going To Be A Severe Decline In 2012, Particularly In Europe
Dominique de Kevelioc de Bailleul: Winding down one year ushers in forecasts for the coming year. And the man many want to hear from most is none other than Trends Research Institute Founder Gerald Celente, whose predictions for 2012 include his most dire one yet.
Speaking with Aaron Task of The Daily Ticker on Dec. 15 (see video below), the confident and outspoken Celente began the discussion by reminding viewers of his 2011 forecast of mass demonstrations erupting throughout the world. Get my next ALERT 100% FREE
Celente’s December 2010 prediction came to pass much quicker than even he might have anticipated, as the self-immolation of a Tunisian street vendor Mohamed Bouazizi in December 2010 sparked (certainly no pun intended) the ‘Arab Spring’.
By mid-January 2011, the Bouazizi incident catalyzed riots in the Tunisia capital of Tunis, emboldening watchful citizens of neighboring countries to take to the streets of Algeria, Morocco, Libya, with the main event mushrooming in Cairo, Egypt, symbolically taking center stage at the Mecca of the Arab World throughout the summer, and again, recently, in a Part II of the struggle for liberty.
Then came the Occupy Wall Street (OWS) movement, the first significant uprising from North Africa’s brethren counterparts of the West. Beginning on Sept. 17, a small gathering of young adults at Zuccotti Park in New York City’s Wall Street district began the protest of growing wealth disparity in the U.S.
So where to now? Celente said ‘Occupy’ appears to have legs, or in this case, an endless number of tentacles.
“Time Magazine, is, well, not on time,” Celente said, referring to Time Magazine’s, ‘Person of the Year: The Protester’ issue of Dec. 15. “They’re just calling it protestors. We’re calling it, ‘The Invasion of the Occtupy’.”
Celente goes on to explain the critical difference between the Occupy movement and another anti-establishment organization, WikiLeaks: Occupy has no leader, which, Celente believes, gives the movement enduring robustness in the fight for an end to the fascist takeover of the ‘Free’ World.
“The very weakness that the people think of the Occupy movement, not having a leader, not having one message, is, in fact, its very strength,” he said. “For example, you take the WikiLeaks, big news and doing a lot of important information coming. But it died because they cut the head of the leader off.”
He added, “The Occtupy doesn’t have a head to cut off . . . the tentacles, they’re reaching everywhere . . . You cut off one tentacle and another one grows. There’s no one base, there’s no one message. This is huge and it’s just going to continue and spread.”
Celente points to Wall Street bankers and complicit politicians as the cause of the Occupy movement, referring to JP Morgan CEO Jamie Dimon, in particular, as the epitome of Wall Street corruption and arrogance.
“I heard Jamie Dimon, CEO of JP Morgan Chase,” Celente said. “He doesn’t get it, why people are angry, you know, with people that are successful and making a lot of money. Guess what? The greedy never get it. The gap between the rich and the poor in this country is this widest in any of the industrialized nations.”
“You have an off-with-their-heads moment that’s being generated now,” Celente added, somberly.
Two days later, on Dec. 19, Celente continued the discussion of his 2012 predictions with Eric King of King World News, elaborating to KWN’s more financially-focused and specialized audience on some more sensitive issues he didn’t cover in his interview with The Daily Ticker.
“One of our trends is the technocrat takeover. Over in Greece or over in Italy, they are all bragging they’re bringing the technocrats,” Celente told KWN. “It’s not the technocrats, it’s the bankers. The bankers have taken over the temples of the capitals of the world.”
Instead of applying the concept of a Jubilee Year, founded upon the wisdom of 1750 BC Babylonian King Hammurabi, who canceled burdensome debt levels of his people in order to preserve his kingdom, today’s bankers have set a course for revolution, according to Celente. (See economist Michael Hudson Dec. 2 article, titled, Hammurabi Knew Better, Debt Slavery – Why It Destroyed Rome, Why It Will Destroy Us Unless It’s Stopped.)
“As the bankers take over, and we’re seeing what’s going on,” Celente added, “they are throwing out democratically elected governments, we are forecasting there is going to be a severe decline in 2012, particularly in Europe.”
“So that brings us to the next trend, get ready for economic martial law,” he continued. “They are going to call a bank holiday. So what we are saying is conditions have become a lot worse. And a bank holiday is no holiday folks.”
Celente speculates that Congress’ passage of National Defense Authorization Act is a tip off to a terrible national event scheduled or anticipated by the U.S. government—an event bad enough to possibly spark a revolution in America. He calls that trend prediction: Battlefield USA.
“It just became law. The Bill of Rights in the United States has been abrogated,” Celente said. “They [Congress] passed the new Defense Act and in that Defense Act they have in there, in clear langage, anybody can be arrested under the National Defense Authorization Act . . . No judge, no jury, no trial, no rights of habeas corpus. This is what the United States has become.
“So they are putting the soldiers in place. I used to think they were nuts talking about the FEMA camps, now I don’t anymore.”
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