Home > Gerald Celente: EU Collapses In 90 Days, Bank Holiday and War
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Gerald Celente: EU Collapses In 90 Days, Bank Holiday and War

January 4th, 2012

Dominique de Kevelioc de Bailleul: Twenty-two months of hysteria of an impending European financial collapse, starting with Greece in March of 2010, will finally come to an end in 2012, according to the founder of Trends Research Institute, Gerald Celente.

Hysteria of the horrid possibility of a European meltdown and the dire implications for the world economy a collapse will end, as the event finally turn into unequivocal reality by April 1, with accusations of ‘fear mongering’ by a significant portion of the mob quickly dropped in favor of the next predictable reaction to the crisis: outrage against those who allowed the collapse.

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“I would say, since I’ve been doing this work, over 30 years ago, I’ve never been more concerned than I am right now,” Celente told ABC, Australia.

In Celente’s latest forecast, titled, The First Great War of the 21st Century—Prepare, Survive, Prevail, he paints a bleak picture for 2012, predicting a worsening of class warfare that already wages within more than a dozen countries, from Tunisia, Egypt, Yemen, Syria, Bahrain and Qatar to the UK, Greece and Italy, which will eventually spread to eastern Europe/central Asia and more intensely in the United States.

But, what the world has seen so far is only a economic and social symptom of central bankers’ stop-gap remedies, haphazardly applied to the global financial crisis since its beginning in the U.S. and the fall of Bear Stearns in 2008.

After dozens of trillions of dollars thrown at a global solvency crisis with nothing but further deterioration to show for the money spent, some wonder if the world is about to slide still further into depression.

According to Celente, when the European Union falters from too much supply of debt coming due ($7.3 trillion from G-7 nations, see zerohedge.com) against the backdrop of sliding demand for more debt, the European domino will topple other dominoes, widening the global depression to include the world’s larger economies.

“If you live in Greece, you’re in a depression; if you live in Spain, you’re in a depression; if you live in Portugal or Ireland, you’re in a depression,” Celente said. “If you live in Lithuania, you’re running to the bank to get your money out of the bank as the bank runs go on. It’s a depression. Hungary, there’s a depression, and much of Eastern Europe, Romania, Bulgaria. And there are a lot of depressions going on [already].”

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  1. January 11th, 2012 at 14:19 | #1

    This country has a large overhead.. Public employees and their unions..
    with all of the public utilities employees,cities,counties,states and federal employees. not to mention the military s. Those people will fight us for their pay.. their is a reason why all the big investment houses were bailed out They are the goose that lays the golden Pensions…Where else can these giant pensions be adequately funded?

  2. KEN
    January 11th, 2012 at 13:57 | #2

    GROW A GARDEN GET USED TO LIVING FRUGALLY I THINK ONE OF THE BIGGEST PROBLEM WE WILL HAVE WILL BE THE HUNDREDS OF THOUSANDS OF GOVERNMENT EMPLOYEES THAT THINK THEY HAVE THE RIGHT TO KEEP BEING PAYED WITH THEIR BENEFIT PACKAGES AND THEY WILL USE THE LAW AND THEIR POWERFUL “ORGANIZED LABOR UNIONS” TO KEEP EXTRACTING FROM THE “SHEEPLE” (HOUSES GOLD ETC ) IN THE STATE OF MAINE THERE WAS AN ARTICLE I READ; STATING THE LOCAL GOV. WAS ALLOWING SENIORS WHO COULDN’T PAY THEIR PROPERTY TAXES TO WORK THEM OFF AT A LOW PAYING JOB. (SWEEPING THE STREETS ETC ETC…. THAT WILL BE TRIED 1ST… THROUGH OUT THE USA. CIA. FBI, NSA, ATF, PENTAGON, FEDERAL, STATE, COUNTY, CITY, MUNICIPALITIES ETG ETC. BY THE WAY “GOLDMAN SACK” IS THEIR “GOLDEN GOOSE” FOR THEIR PENSIONS, KIND OF EXPLAINS WHY NO ONE HAS BEEN ARRESTED IN INVESTMENTS COMPANIES… PENSION FUNDS…

  3. A Son of Liberty
    January 10th, 2012 at 08:14 | #3

    @Oracle
    I still have hope for once great nation that the American people will stand up against this Gobal Crap. GOD Bless the Republic! I “BELIVE”!

  4. David
    January 8th, 2012 at 13:51 | #4

    deanomo :
    @Graham Cole
    Then Mr Graham why aren’t you naming them? Tell us who they are!!!! Celente has a lot more to lose.

    David Icke discusses Zionism with Jeff Rense part 1/2
    http://www.youtube.com/watch?v=5QYpbkcAxhQ

    Part 2
    http://www.youtube.com/watch?v=-Bf3Zll2tNI&feature=watch_response_rev

    “They have sought to sell the ‘Zionism-means-all-Jewish-people’ lie so that they can condemn as ‘anti-Semites’ and ‘racists’ anyone who exposes the truth about Rothschild Zionism and its agents in government, banking, business, media, military etc.

    This is why most researchers won’t go there even if they are aware enough to know that they should go there. To uncover and expose what is happening in the world we need all the ‘bees’ – brain, backbone, balls – and never more so than now.”

    THEY DARE NOT SPEAK ITS NAME…
    … ROTHSCHILD ZIONISM
    http://www.davidicke.com/articles/political-manipulation-mainmenu-72/42734-they-dare-not-speak-its-name-rothschild-zionism

  5. deanomo
    January 7th, 2012 at 23:45 | #5

    @Graham Cole
    Then Mr Graham why aren’t you naming them? Tell us who they are!!!! Celente has a lot more to lose.

  6. Jenny
    January 7th, 2012 at 17:04 | #6

    The Daily Reckoning has been talking about this stuff for over ten years. Back then some people knew what was coming, only the details were still sketchy. Now the collapse is in the final stages. It’s time to listen to Gerald Celente and others like him who have seen this coming for years.

  7. Anna
    January 7th, 2012 at 16:53 | #7

    @jij: Celente was correct, the system did collapse in September 2008, that’s why Henry Paulson and GW Bush enacted the $700b TARP bailout program. Celente has said many times he didn’t know what “schemes” they would come up with to keep the system going, kicking that can further on down the road. Then there was QE1 and QE2. Now it’s gotten way out of hand, $15tr in debt and Europe also on the verge of collapsing. Celente and others are correct that this cannot go on for much longer. I still have the Stormwatch article from May 2008 that predicted a collapse the following September, and it happened, they just instituted the bailouts. There is not much more propping-up and bailing-out to do. We are at the end. Nobody knows exactly how or when it will end, but end it will (and soon).

  8. Oracle
    January 7th, 2012 at 10:42 | #8

    America will go to war with Iran… but this time, America will lose.

    With the help of Russia and China, Iran will see to it that America will be brought to its knees in one hour.

    The only way to survive is to get out of America. Bunkering up with food and supplies will not help. Investing in gold will not help.

    America is destined for destruction, and there is nothing you can do about it. Alternatively, if you think predestination reeks of religious/superstitious overtones, let’s just say that the time is just about ripe for America to reap what it has sown.

    It’s quite a shame actually. America is a young nation, and in less than three centuries it had brought plenty of innovation, learning, wealth and entertainment to the rest of the world. All good things must come to an end.

  9. Graham Cole
    January 7th, 2012 at 07:21 | #9

    Gerald Celente firmly points the finger at the money lenders in the temple as the culprits.

    He even quotes where the Prince of Peace rose in violence to drive them out of the temple.

    What Celente repeatedly refuses to do is name these people, as the Bible does. I therefore don’t trust Celente or his motives with all his crying wolf.

    Celente knows who the wolves are. He won’t name them for he knows their media will black ball him denying him his much loved media platforms to cry armageddon.

    Mel Gibson might have been a little drunk, but alcohol speaks the truth. Get some Bourbon in you Gerald and name names. We all know who the money lenders are. We all know………..

  10. Mossy
    January 7th, 2012 at 07:06 | #10

    @Falesteeni
    You are absolutely right. People who think that countries will allow Americans to come in and live like locals, are very much mistaken. Thanks to Bush, Clinton & Obama, we are loathed and reviled in most of the world. Their only safe havens (West Europe and Australia) will go down the sinkhole as well as Celente explains above.

  11. Ancient Paths
    January 6th, 2012 at 12:07 | #11

    @allen heart
    allen, did you know that fedgov has been going door to door in some places to do “preparedmess assessments”? These agents want to know particularly about food stores and gardens. I know this has been happening in Tennessee, but I don’t know if it has happened anywhere else yet. In case you haven’t figured this out yet (and I’m not saying you haven’t), fedgov is NOT interested in your well being.

  12. Ancient Paths
    January 6th, 2012 at 12:04 | #12

    @jij
    jij, if Celente were the only one saying this, I wouldn’t pay it much mind. But he’s one of MANY astute economic observers saying the same thing. Lew Rockwell, Peter Schiff, Ron Paul, and Jim Rogers are just a few that come immediately to mind. Where have you been?

  13. Ancient Paths
    January 6th, 2012 at 12:00 | #13

    @Mike
    Mike, if you’ve got a way to combine guns with a get-away plan, I’d love to hear it. I’ve been researching this some and there is only one good place to get away to that honors an individual’s right to defense with firearms, and that’s Uruguay. But there’s a problem that the escapists are going to have to face: this problem is global. The Powers That Be aren’t going to stop with turning just the United States into a gulag. It’s not just Europe and North America that they seek to enslave; it’s the entire world. Escaping to Uruguay, or as others I’ve read about have to Argentina, Chile, and various Pacific islands, will only postpone the inevitable. Better to buy your bullets and beans and network with buddies here to fight back. If they’re not stopped in the united States of America, they won’t be stopped until the Second Coming of Christ.

  14. Jim
    January 6th, 2012 at 08:19 | #14

    For those of us that don’t have money to buy gold… buy freeze dried and dehydrated food that can be stored for up to 25 years. My wife and I decided to take our entire tax return this year and spend it on food provisions. We will get a years supply of freeze dried food and hide it in our basement. Found a great deal at . Usually we would spend the tax return on furniture or vacation… not this year. Times have changed!

  15. Mike
    January 6th, 2012 at 07:58 | #15

    Guns, gold and a Get-Away Plan….prepare people; its coming!

  16. allen heart
    January 6th, 2012 at 05:46 | #16

    Time for a Victory Garden in every backyard, greenhouses to cover the veggies from the radioactive fallout and we are adding one more…a fuel additive that can extend fuel efficiency of gas and diesel engines…and showing people how to grow food and fuel efficiently… See http://www.gpg3.com

  17. jij
    January 6th, 2012 at 01:27 | #17

    Does anyone ever actually go back in the archives and compare this guys predictions to the outcomes? He was screaming “TOTAL COLLAPSE” back in 2008-9. Many are outright WRONG (recall gold over 2000 by Dec 2008???) 4 yrs later, and it aint there yet. His other ‘predictions’ were made loong after the trends had been obvious to everyone, or had even come to fruition. Please find another talking head. this whiner exasperates the hell out of viewers.

  18. Falesteeni
    January 5th, 2012 at 18:34 | #18

    “Those who live by the Dollar will VANISH with the DOLLAR”

  19. mike
    January 5th, 2012 at 17:12 | #19

    I’m sick of main street media pumping the stock market and the great recovery taking place in the US,I’m thankful for gerald c , zerohedge,harvey o and tf for making everything so clear! at the moment fox business is doing their pump job and i have to turn it off!

  20. January 5th, 2012 at 14:38 | #20

    Listen to this guy people and get ready for one hell of a ride!

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