The 2011 Depression

[dapoes]

So in other words, you do agree Celente was right about Iraq.

I think he means it has something to do with the price of rice in china...or something...

 

[delldude]

You never gave an answer. All you did was put on an extended song and dance routine to try and avoid giving a simple answer.

 

[777 fixer]

So in other words, you do agree Celente was right about Iraq.

Amazing the lengths you will go to avoid answering a simple question.

Dell, did you ever bother to read what he actually said about Iraq? He said that "the war against Iraq will eventually be lost. Iraqi generals have promised to launch unrelenting suicide attacks against coalition forces and have vowed to fight to the last man to repel invaders. Thus a guerilla war will drag on until they have regained control of their country."

One of those statements was supposedly from an Iraqi general so all Mr. Celente is doing is repeating it. And as we all saw the Iraqi Army and the general’s that led it folded very quickly. All I can say about that last comment is that I don't think it was ever our intention to stay there forever so of course they were going to regain control. In other words Mr. Celente is talking out of his butt.

 

[777 fixer]

Gerald Celente has been quite frank and rather shocking in his predictions over the years. His latest gives one something to mull over with this reckless abandon to our debt and inflation that this current administration has trouble seeing.
With Bush tax cuts set to expire at year's end, we'll see companies reporting large profits this year to offset the rise in taxes in 2011. And of course as you can expect the Obama administration will tout these profits as proof that their skillful guidance of the economy is working. Great, but wait until the shoe drops sometime in 2011. Europe is dying and soon it will be here.


Article........

Dell, if you read that article a little more closely you figure out a couple things. One, all Gerald Celente does is repeat things that have already been said. Two, he says things that are completely idiotic.

When he says that we've become an obese nation it's hardly a news flash. My personal favorite is when he tires to tie in what kids are wearing and rap music to the "moral vacuum" in this country. In the fifties people were saying rock-n-roll was going to destroy America’s youth. And let's face it, the biggest criminals in the world wear suits. But hey, at least they dress "smartly".

Another dozy, "New York City will look like Mexico City in a few years." If Mr. Celente followed the trends he would know that the crime rate in New York City has fallen in the past fifteen years. Some trend setter he is.

 

[delldude]

How do you know he was referring to crime? NY is beset by infrastruce problems, hugh debt obligations, decreasing tax revenues , etc, just as MC.

As far as the Iraqi War, Bagdad Bob wasn't a viable source. Sure Iraqi Generals made all kinds of saber rattling statements until it hit the fan. Where are they now? The main trouble there now is intervention from Iran. What war wasn't a quagmire? Ask any Mother. Harry Reid is on record claiming the war is lost...Was it, really?

His economic ' predictions '.....you do keep abreast of these clowns in the Fed and Treasury I hope. How about Obama and the continual bailout program? China is about ready to stop lending...then what? It ain't looking too pretty for the coming new year. Time will tell. That is what the original intent of this thread was and is about.

Celente isn't alone in his economic predictions and fanfare if you've noticed:

If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente. — New York Post

When CNN wants to know about the Top Trends, we ask Gerald Celente. — CNN Headline News

A network of 25 experts whose range of specialties would rival many university faculties. —The Economist

Gerald Celente has a knack for getting the zeitgeist right.— USA Today

There’s not a better trend forecaster than Gerald Celente. The man knows what he’s talking about. — CNBC

Those who take their predictions seriously ... consider the Trends Research Institute. — The Wall Street Journal

"You’re always terrific." — Oprah Winfrey

"A guy that obviously knows his trends." — Bill O’Reilly

"Our favorite Trend Forecaster, Gerald Celente." — Miles O’Brien

Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most accurate forecasters around. — The Atlanta Journal-Constitution

Mr. Celente tracks the world’s social, economic and business trends for corporate clients. — The New York Times

Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority. — 48 Hours, CBS News

Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing. — The Detroit News

Gerald Celente forecast the 1987 stock market crash, ‘green marketing,’ and the boom in gourmet coffees. — Chicago Tribune

The Trends Research Institute is the Standard and Poors of Popular Culture. — The Los Angeles Times

One, all Gerald Celente does is repeat things that have already been said. Two, he says things that are completely idiotic.---777 Fixer

I didn't notice you disputing any of his economic predictions.........

 

[777 fixer]

How do you know he was referring to crime? NY is beset by infrastruce problems, hugh debt obligations, decreasing tax revenues , etc, just as MC.

How do I know? Becasue unlike you dell I actually read the article that you posted a link to. Here's the rest of quote refering to New York and Mexico City.

"When people have lost everything they have nothing to lose. Violence and crime will explode. Look at the OECD figures. The number of people not graduating from high school is exploding -- they're wacked out on drugs. New York City will look like Mexico City in a few years.

Nothing in there about infrastructure, debt or tax revenues. By the way, the high school graduation rate in NYC is on the rise.

Congratulations dell, you can cut and paste from Mr. Celente's home page. Now all you have to do is to spend a little more time reading what he says.

Here's another favorite of mine.

"We predict state secessionist movements will rival the breakup of the Soviet Union."

There are so many things wrong with that statement I don't even know where to begin. I can start off that other than a handfull of goofs in Texas and Vermont most of us would be hard pressed to say the "secessionist movement" is a viable political force in the US.

Then there are the differences between us and the former USSR. You know little things like, culture, history, econmic systems, form of government. Or the fact that we consider ourselves American. You did not have that sort of unifying force in the USSR. As I already pointed a lot of the different ethnic groups hated eachother.

 

[delldude]

Dude, maybe you should read the entire article.

That paragraph is composed of references to several points he made in previous areas and only makes reference to NY in the last sentence.....

You can't see that? Reading and comprehending are two different things Pal.

Maybe I can help you understand.

The first sentence is referring to global economic collapse and the result which most have seen in the news from around the world and most likely coming here too.

The second sentence is referring to his previous statement about America in general and not NY.

“The US is becoming a shadow of what it used to be. Take education for example. The OECD group of developed countries ranks quality of life, education, health care of its member nations. The US is now falling down the table as one piece of data after another shows America is in decline.

The third sentence referring to NY looking like MC? Spare me.....

So he talks about economic failure, education failure and infrastructure failure on the whole and its all about New York?

In a nutshell:

Failing countries cause violence in the streets.
Our education system is messed up.
NY is running out of cash like the rest of the country.

 

[777 fixer]

"When people have lost everything they have nothing to lose. Violence and crime will explode. Look at the OECD figures. The number of people not graduating from high school is exploding -- they're wacked out on drugs. New York City will look like Mexico City in a few years. The collapse of morality from top down -- and especially in the government -- makes it inevitable."

He said it right there dell, NYC will look like Mexico City. So go ahead and tap dance all you want.

Have any input about his comment regarding the state cessionist movement and the USSR? Or what people wear and their choice of music and the "moral vacum" in this country?

 

[delldude]

"When people have lost everything they have nothing to lose. Violence and crime will explode. Look at the OECD figures. The number of people not graduating from high school is exploding -- they're wacked out on drugs. New York City will look like Mexico City in a few years. The collapse of morality from top down -- and especially in the government -- makes it inevitable."

He said it right there dell, NYC will look like Mexico City. So go ahead and tap dance all you want.

Have any input about his comment regarding the state cessionist movement and the USSR? Or what people wear and their choice of music and the "moral vacum" in this country?

Reading and comprehending are two different things Pal.

 

[dapoes]

Things that make you go hmm...

QE2 is like throwing gasoline on a fire that's already burning.
Video - Economist Ed Yardeni - Runs 5 minutes

and no big shocker...

Food prices rise sharply - and there's more to come
Grocery prices grew by more than 1 1/2 times

 

[Veritas]

and no big shocker...

How about some context?

While overall inflation nationwide was 1.1 percent, grocery prices went up 1.7 percent nationally and 1.3 percent in the Bay Area, said Todd Johnson, an economist for the Bureau of Labor Statistics office in San Francisco. "The largest effects on grocery prices here over the last month were tomatoes, followed by eggs, fish and seafood."

 

[dapoes]

How about some context?

Heres your context, go choke on it...

"I noticed just this month that my grocery bill for the same old stuff - cereal, eggs, milk, orange juice, peanut butter, bread - spiked $25," said Sue Perry, deputy editor of ShopSmart magazine, a nonprofit publication from Consumer Reports. "It was a bit of sticker shock."

But it makes sense. Since November 2009, meat, poultry, fish and eggs have surged 5.8 percent in price. Dairy and related products have gone up 3.8 percent; fats and oils, 3 percent; and sugar and sweets, 1.2 percent.

and

Food Sellers Grit Teeth, Raise Prices
Packagers and Supermarkets Pressured to Pass Along Rising Costs, Even as Consumers Pinch Pennies

An inflationary tide is beginning to ripple through America's supermarkets and restaurants, threatening to end the tamest year of food pricing in nearly two decades.

 

[Veritas]

... go choke on it...

That's not polite.

 

[dapoes]

That's not polite.

My apologies 😉

 

[delldude]

How about some context?

Here's one you can chop up as not being on the official progressive list:

Link