Gerald Celente Predicts a Horrible Economic Crisis Where EVERYTHING WILL COLLAPSE

Renowned economic trend forecaster, Gerald Celente, issues a dire warning about the impending collapse of the global economy. Brace yourself as Celente unravels the dark signs and signals pointing towards an unavoidable economic tsunami.

Biggest inflationary bubble in world history bursting and shares his thoughts on how it is going to unfold. He elaborates on the difficulty of building wealth for the young generation of today compared to his. Charlie says that we’re flirting with serious trouble and the consequences may be worse than what Paul Volcker was dealing with in the 1970s.

KINGSTON, NY — Everything is not all right. And things are going to get worse… much worse. The economy is on the threshold of calamity. Wars are spreading like wildfires. The world is on a razor’s edge.

Not so, say world leaders and mainstream media experts. Yes, there are problems, but the financiers and politicians are aware of them. Policies are already in place and measures are being taken to correct them.

Whether it’s failing economies, intractable old wars or raging new wars, the word from the top always maintains that steady progress is being made and comforts the populace with assurances that the brightest minds and the sharpest generals are in charge and on the case. On all fronts, success is certain and victory is at hand. Only “patience” is required … along with more men, more time and more money.

As far as these “leaders” and their media are concerned, the only opinions that count come from a stable of thoroughbred experts, official sources and political favorites. Only they have the credentials to speak with authority and provide trustworthy forecasts. That they are consistently, if not invariably, wrong apparently does nothing to diminish their credibility.

How can any thinking adult possibly imagine that the same central bankers, financiers and politicians responsible for creating the economic crisis are capable of resolving it? Within days of its announcement, we predicted that Bush’s TARP (Troubled Asset Relief Program) was destined to fail, and subsequently predicted the same for Obama’s stimulus package (The American Recovery and Reinvestment Act). They were no more than cover-ups; there would be no recovery.

Meet the New Plan, Same as the Old Plan

Democrat or Republican, it makes no difference. Despite the heated rhetoric, solving economic problems had less to do with the party in power and more to do with professional competence. Both sides had their turn in office. Both used their power to initiate policies that created the problems. Both sides had their shot at fixing the messes they were responsible for. Both sides failed, as we predicted. Given who they are and what they’ve done, we confidently predict an unbroken sequence of bipartisan failures in the future.

The Beltway Incompetents are in the driver’s seat. What person with a healthy instinct for self-preservation would believe the promises of politicians or trust the judgment of central bankers or Wall Street financiers whose only real interest is self interest?

Not “Business as Usual” In the 1920s, US President Calvin Coolidge declared, “The business of America is business.” Four score and 10 years later, the business of America has become war: The forty-year War on Drugs; The ten-year War on Terror; the Afghan War (longest in American history); the eight-years-and-no-end-in-sight Iraq War; the covert wars in Pakistan and Yemen; and most recently, the “time-limited, scope-limited kinetic military action” in Libya.

While the justifications for engaging in these wars were all different, all were murderous, immoral, interminable, ruinously expensive and abject failures. Why would anyone believe the optimistic battle communiqués issued by the “czars” in charge and the battlefield brass who keep reassuring the public that reapplying previously failed strategies would, this time, lead to success?

Yet even in the face of their proven failures and gross incompetence, anyone daring to challenge the party line or the conventional wisdom is dismissed as an “alarmist,” “fear monger,” or “gloom-and-doomer.” However unwelcome our forecasts may be – pessimism, optimism, like or dislike are all irrelevant – only their accuracy counts. We correctly forecast:

Russia and Ucraine Wars would be debacles
Bursting of the housing bubble
The “Gold Bull Run”
The “Panic of ’08″
European Monetary Union crisis
Failure of US bailout/stimulus packages to revive housing and create jobs
Falling governments, spreading civil wars and social upheaval on a global scale
We also said that the Federal Reserve’s sighting of economic “green shoots” in March 2009 was a “mirage” and predicted that their much vaunted “recovery” was no more than a temporary solution, a quick-fix to be followed by “The Greatest Depression.” And now, in July 2023, with the Dow on a down trend and the economic data increasingly pointing in the direction of Depression, Washington and Wall Street remain in denial. The only debate among the “experts” is whether or not a “double dip” recession is likely.

However, for the man on the street – pummeled by falling wages, higher prices, intractable unemployment, rising taxes and punitive “austerity measures” – “Depression,” not “recession,” and certainly not “prosperity,” is just around the corner.

According to a June 8th CNN/Opinion Research Corporation poll, 48 percent of Americans believe that another Great Depression is likely to occur in the next year – the highest that figure has ever reached. The survey also indicates that just under half of the respondents live in a household where someone has lost a job or is worried that unemployment may hit them in the near future.

Suddenly, after years of obvious economic hardship experienced by tens of millions of Americans – only when the suffering and pain can no longer be cloaked in abstractions and cooked statistics – does an emboldened media dare utter the forbidden “D” word.

For Trends Journal readers, alerted to this emerging trend some three years ago, the prospect of Depression should come as no surprise. Neither should the idea that, when it hits and can no longer be denied, a long suffering public will take to the streets.

When I made this forecast back then it was written off by most of the major broadcast and print media. Now, however, when one of their own, belatedly and hesitantly, raises that possibility he is elevated to sage status and it becomes big news. In early July, Democratic strategist James “It’s the Economy, Stupid” Carville, having finally mastered the higher math of adding two plus two, warned that decaying economic conditions heightened the risk of civil unrest.

As I described it all those years ago: “When people lose everything, and have nothing left to lose, they lose it.”

Given the trends in play and the people in power, economic collapse at some level is inevitable. Governments and central banks will be unrelenting in their determination to wring every last dollar, pound or euro from the people through taxes while confiscating public assets (a.k.a. privatization) in order to cover bad bets made by banks and financiers.

When the people have been bled dry financially and have nothing left to give, blood will flow on the streets.

Trend Lesson: Learn from history. Do you remember when it first became apparent that the US economy was in deep trouble and heading toward the “Panic of 08”? Not many will. Most people were in a summer state of mind and in holiday mode. It was late July 2007 when the stock market suddenly plunged from its euphoric 14,000 high.

Though we had warned in our Summer 2007 Trends Journal (released that June) that “trends indicators point to a major crisis hitting the financial markets between July and November,” the diving Dow was downplayed as a mere “hiccup” … a time to pause between more mouthfuls of expansion.

Biggest mistake in a falling stock market

The huge swings in the Dow are giving investors pause. But taking your money out of the market now could be the gravest mistake of all.

NEW YORK — This past Thursday was the second worst day of the year for the Dow Jones Industrial Average. But remember, it was just a week ago today that the Dow closed above 14,000 for the first (and only) time.

Fluctuations in the market shouldn’t get to the 401(k) investor. Keep in mind your time horizon – most of us are going to be invested in the market until we retire, often decades from now. CNN 27 July 2007

Four years and trillions of dollars in stock and 401(k) losses later, that typical “take a deep breath, stay the course” advice looks tragically misguided. The Dow would eventually lose more than half its value and now, in July 2023, it’s fallen below 12,000.

The moral of this story is to not let your mind take a summer vacation. Conditions are rapidly deteriorating and it is imperative to remain on high alert. Another violent financial episode is looming. It may be triggered by economics (e.g., debt defaults and debt crisis contagion in Europe, a crashing US dollar, or commodity price spikes); it could be terror (false flag or real), a man-made disaster (another Fukushima) or one made by Mother Nature … or any combination of the above.

Publisher’s Note: To excel in any field – from gourmet chef to concert pianist to close-combat warrior – you have to practice … endlessly, over and over, until finally the training sinks in and becomes a part of you.

In that spirit, I again repeat: preparing for financial survival is a “practice.” And it has to be treated as if you are preparing for battle; expect the unexpected and prepare for the worst, which in these perilous times could be a declaration of economic martial law. Banks may close, currencies may be devalued and deposit withdrawals may be imposed. Remember Gerald Celente’s basic survival strategy, “GC’s Three G’s: Guns, Gold and a Getaway plan.”

Build Your Own Great Depression Pantry

Can you use some help to build your Great Depression pantry? Just imagine living off a limited supply of food for a long period of time like our parents, grandparents, or great grandparents had to experience through the “Great Depression?” At times, simply having buttered bread and beans was what they considered a whole meal.

I’m updating this post because I feel an urgency to let you know what I saw again at the grocery store today. Empty shelves, rows, and rows of empty shelves. One box of pasta, no beans, and no rice. Even the OTC medications were more scarce than usual. Please stock whatever you can. Hopefully, you are stocked, or have a plan in place to do so soo. We all should know what to do.

Thankfully, we can cook from scratch, if we’ve learned how. This will help us stretch our grocery budget. We have prepared for this, do not panic, I’m just letting you know what I am seeing here in Utah. Please let me know how your shelves look.

Heaven forbid that something as drastic as the Great Depression would ever happen again in our lifetime, but it’s never a bad idea to be prepared. There are a number of cheap foods and solutions that can expand your meal options while costing little. Take a look at some of these less expensive foods that you should stuff into your pantry. Build up your inventory now. Prices have been going up, and they are expected to continue in that direction for a while.

#1. Ramen Noodles

Pantry food doesn’t come any cheaper than stocking up on ramen noodles. Each pack costs on average around 13 cents. Ramen noodles may not be the healthiest or most filling item in your pantry, but you can buy it in several flavors and mix it in beans or vegetables to add the nutrients we all need to stay healthy. 

I don’t really think you can go wrong when it comes to stocking up on Ramen. Sure, it may not be the best thing to make from a nutrition standpoint, but remember when depression or disasters hit, it’s all about survival.

#2. Rice 

Rice is another cheap food that you can buy in bulk to help make your limited meal options stretch further. I consider rice to be a true staple in any pantry storage plan. White rice doesn’t contain as many nutrients as brown rice, but it is still a valuable item that can be used in so many recipes as we plan meals.

We suggest using brown rice whenever possible but keep in mind that brown rice has a very short shelf-life (six months in the pantry and 12 months in the refrigerator or freezer). Plan your rice inventory based on family size and how many meals you see using this product.

#3. Boxed Pasta 

It doesn’t get much cheaper than the boxed kinds of pasta we see at the store when you want an easy meal solution. In most cases, you can find a box of pasta for under $1. There are also so many styles of noodles that you can change up to keep your children from getting bored with eating spaghetti noodles so often. 

Every time I go to the store, I stock up on some sort of boxed pasta. You really can’t go wrong with having any and every kind of boxed pasta on hand.

#4. Dried Beans in Bulk

Do you have a family of carnivores who want to eat meat with every meal? During a depression, meat might be too expensive or hard to come by. Dried beans in bulk are a great substitute. Beans are not only full of protein but they can also be added to all kinds of dishes and recipes, making meals more filling.

#5. Canned Meat/Fish

Like I just mentioned, meat may be harder to come by for your family to afford after an economic crash. Having a stockpile of canned meats and canned fish beforehand will help solve this.

Not only is it far cheaper in many cases, but it has a somewhat longer shelf life. Having a decent supply of canned meats such as chicken, beef, tuna, and salmon should satisfy your family’s craving. 

#6. Peanut Butter

Peanut butter is another cheap food that is filled with protein. Plus, if you have kids, there’s no way you’ll survive without it! I’ve tried a can of peanut butter powder, it’s okay, but I only bought one can. Enough said.

#7. Oats

What about a cheap breakfast solution? Oats are an option that’s cheap and have a long shelf life. Oats aren’t only good for making oatmeal, but also for stretching out your ground beef and making delicious granola snacks. Consider adding some oats to your next casserole to provide larger portions and see how your family feels about the flavor and texture with them added.    

If I find oats on sale or marked down, I always buy them. Plus, most people forget all of the yummy things you can make with oats.

#8. Barley

Barley is another great source of fiber, calcium, and vitamins, while beneficial to your digestive system. It also contains fewer calories than oatmeal. Add fruits, cinnamon, and nuts to it and you have a healthy and delicious breakfast. Barley can be made into other meal options such as soup and stews.

Let’s not forget about how filling barley can be too! I always enjoyed eating barley as a kid, and it’s a great food to have on hand in your pantry!

#9. Bagged Popcorn

As far as cheap snack items go, bagged popcorn is at the top of the list, and for as little as a few pennies per serving. 

You can also eat popcorn as a snack or for a meal. It’s sustainable and so delicious! It’s one of my favorites for stocking up my pantry.

If you feel the need to add some butter, the snack might not be as healthy and keep in mind, butter may not be readily available during tough times.

#10. Raisins

Raisins are another snack that’s reasonably priced that you should have in your pantry. This dried fruit contains fiber, vitamins, and other minerals and helps with your digestive system. 

Raisins are pretty cheap if you buy them in bulk. Plus, if your kids are in the mood for something sweet, you can point them towards raisins for their next treat.

#11. Dried Fruit

Raisins are not the only dried fruit that stores well in a pantry. Dried banana chips, pineapple chunks, apricots, or figs are a few other fruits that contain a lot of vitamins and nutrients. When a great depression comes through, you won’t believe how valuable dried fruit will be.

#12. Nuts

You are probably thinking, “nuts aren’t a cheap snack item.” While nuts are one of the pricier protein snacks on this list, they’re very filling and can be stored for a long period of time.

Before emergencies hit, stock up on many varieties of roasted nuts. Please store them in the freezer to keep them fresh or they may go rancid pretty quickly.

#13. Applesauce

Applesauce is another snack/dessert pantry item that has a somewhat longer shelf life. It’s another snack that works great on your digestive system. Apple butter is also a good one to stock up on.

#14. Spices/Sauces

Don’t go stingy on the spices in your pantry. Always have a healthy supply of your favorite rubs and seasonings. Kosher Salt, ground peppercorn, and cinnamon are a few that you simply can’t go without.

They’re cheap and will make your simple meals taste that much better. Cocoa is another one I have to have stocked. Just think of cookies, cakes, and hot chocolate that would all taste great when it feels like the world around us is crumbling.

#15. BBQ Sauce

BBQ sauce is another food item that lasts for a very long time, depending on the brand, while being a cheap flavor enhancer for your meals. In the summertime, you will have a hard time swallowing grilled foods without this addition to your pantry. 

#16. Honey

You can do so many things with honey. It’s a sweetener that’s a great substitute for sugar that you can add to your oatmeal, tea, and a number of other foods. It lasts indefinitely, but please store it in mason jars, if possible. If it crystallizes, you can set the jars outside to soften and melt in the heat. from the sun.

#17. Instant Mashed Potatoes

While you might enjoy homemade mashed potatoes, you might have to stick to a cheaper solution for a while. Instant mashed potatoes last for a short period of time, but you can rotate them and fill the belly when needed. We recently found the brand pictured below available in a number of local stores for about $1.00 per package. Note that they come in a variety of flavors.

#18. Canned Fruits and Vegetables

Have a significant supply of canned fruits and vegetables stashed in your pantry, just in case! They’ll provide the essential nutrients your family needs at a great value.

#19. Flour

You’re going to want to have a good supply of flour during hard times. You can make all kinds of meals and baked goods from scratch, while at a fraction of the price than buying the foods already processed. You will be able to make delicious homemade flour tortillas. Let’s not forget you can also make your own bread! Flour doesn’t last a long time in storage. Be sure to check the expiration dates on the bags, and plan to rotate at least once a year.

#20. Vegetable Oil/Coconut Oil

Don’t forget to have vegetable oil or some coconut oil tucked away if depression were to ever hit again. It will return you to normalcy by giving you more meal options during this time. 

Our ancestors didn’t really have time to prepare as we do! Make sure you stock up your great depression pantry with vegetable oil and/or coconut oil.

#21. Creamed Soups

Stocking up on canned soups that contain meat and beans will be a filling meal, often for as little as a dollar. Another good idea is to have extra cans of creamed soups that will work great for a number of recipes. Save money later by stocking up now. These are excellent to have in your great depression pantry stockpile. Most stores seem to have case lot sales in the fall months. That’s a great time to stock up.

#22. Chicken/Beef Broth

Another cheap way to add flavor to your meals is with broth, stock, or bouillon cubes. It won’t hurt to have a supply of beef, chicken, and vegetable broth. This food is perfect for a depression era. I buy these all the time: Organic Broth

A grand encyclopedia of country Self Sufficient Backyard ,  weather wisdom, country remedies and herbal cures, cleaning solutions, pest purges, firewood essentials, adobe making and bricklaying, leather working, plant dyes, farm foods, natural teas and tonics, granola, bread making, beer brewing and winemaking, jams and jellies, canning and preserving, sausage making and meat smoking, drying foods, down-home toys, papermaking, candle crafting, homemade soaps and shampoos,  butter and cheese making, fishing and hunting secrets, and much more.Self Sufficient Backyard: Traditional Skills for Simple Living


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