Gerald Celente - The Greatest Depression Has Begun pt 3/4

[christophercredit]

I'd bet dollars to donuts that Celente would agree with this statement: We (people) produce (supply) far more than we consume (demand). as such, the 'natural' trend is deflationary. How else are the good slaves to be rewarded for being so productive?Their burden (cost of living) must decline.That's just how a true free market system evolves. If a group of people want wealth, keep the regular folks out of your game; manipulate luxury markets all you want-leave essentials alone! (Housing, food...)

[WilAzzamEdison]

there talking about it right..lol 

[mrshutter77]

Nothing will be done about the coming under-class simply becuase for somethign to be done means addressing the issues ofhte breakdown of the family, the fact that education today si not designed to fit a boy & guys needs & education mustbe reformed to be more frednly to a guys needs but that will create upraor mong hetero-sexual man hating feminists & gay rights activists!

[jspark311]

Jesus Christ, I hope you don't speak that poorly.

At least make an effort to use proper spelling and grammar. Not doing so turns off people who would otherwise agree with you.

[mrshutter77]

What you nkow what I am saying is true, addressing the issue of the breakdown of famalies & addressing the issue of reforming education to fit a boys & guys needs will soemthing that will cause chaos 7 upraor among hetero-sexual man hating feminists & gay activits!

[netstepb]

I have a question?

Is it Mr. Shutter or is it Mrs. Hutter?

[mrshutter77]

It's Mr Shutter LOL! Lots of times it' the darn keyborads too, but your talking to someone who isn't too fond of too much tech. LOL!

[djguy100]

Will all of the people who watch this video pull your head out of your asses? There is no such thing as Jesus, God, Burning Bushes, Magic Rabbits feet, nothing. We are all responsible for our own actions. There is no such thing as god!!!!!

[stephanwolf]

Keep on listening to people like Jordan Maxwell and you will never know the truth. You seem so sure. Do you really believe what you believe is really real? or Do you even know what it is you believe ?

[fomastephanovitch]

In Jerusalem they're constantly on the lookout for the messiah, but anyone who claims to be one is put in the madhouse straight away.

Besides, I think he'd probably choose to come back to one of the other 3 trillion planets in our galaxy which didn't nail him to a cross.

[ilovegod25]

I am sorry you feel that way. Such hate in your heart. Weather you belive or not God exsists and you too will bow down to him. This why things are the way they are because many peoples hearts are filled with hate. We have to come together and be faithful to the one true God who created the world.

[ilovegod25]

I am so happy becuase although we are going throw hard times JESUS is comming to save those who love and accept him. I pray everyone who hasnt accepted Jesus will come to know him before time runs out. Im ready to be home with the Loving God and not in this Godless nation. We took God out of everything and this is the consequences.

[smkymcnugget420]

yeah, you are a fool... you think god just wants you to sit back and accept this shit!? ur a brainwashed fool. "oh yay god is comeing, we we're right we we're right"

wake up

[dinkolino2]

planting crops will become illegal soon if u dont have a license

[hermbilliamherm18]

They're going over there, to their house!

[DillonX]

I recall when Clinton put into effect a tax increase -- many of the so-called "financial experts" (now some working on FOX) predicted the DOW would dive to around 1,500.

Actually the DOW then went up 3 times what it was.

I wonder if this guy Celente correctly predicted that increase.

If he had, I might find him more credible now.

I doubt he did so it looks to me like he's just blowing smoke.

[chingon711]

soon as hyperinflation kicks in and retirements, pensions, money market and savings accounts are wiped out through the devaluation of the dollar, widespread civil unrest WILL certainly unfold. i havent said anything about the housing collapse, food and oil shortages as well. the question is when? lol

[GaryNull]

I have no pensions, savings, etc, ....

So In a way, I don't feel so bad about not "doing the right thing", . . . like working like a slave for a corporation, buying into the system, etc....

I was right all along !!!!!!!!!!!!!!!!!!!!!!!!!!

[smkymcnugget420]

I'm right there with you lol.. I was always critisized for not starting my 401k... and i'm just laughing about it now ... but you should invest.. not in the stock market.. but in food...

[condorito29]

history has hit its end.

jesus is coming...

this is going to suck.

[hermbilliamherm18]

i hope you dont mean that its going to suck because jesus is coming...but yeah the times were living in r going to suck....jesus coming back wont tho

[condorito29]

no, Jesus' arrival wong be bad, but the times before will.

[dave777blaster]

US postal is going postal with 200,000 lay off or retirements.

1 million a month losing work soon currently 3/4 million a month lose jobs in America.

take away the wars and well over 25% of Americans would be without work.

Zombie nation that builds nothing The people many useless eaters. 50 million Americans are held hostage by 260 million useless eaters.

that spells reduction for a bankrupted nation.

8 million starved to death the last depression.

[TodMcInerney]

The criminal banksters stole the peoples wealth ... just have to take it back off them.

[TenderTrap86]

Jeff is right. People can't speel anymore.

[CelticReject]

Cheque you're speling

[TenderTrap86]

Whut?

[DEMCAD]

There's still a bunch of people who are still in denial.

[manque15]

their

there

they're

[turdsplatter]

yeah, def sounds like a rerun

[antonKASA2007]

creating and lead a world crisis, cataclysm,terror and anarchy is the tactic of the communism who has planned to take over the world and create a new hell worse than Stalinist communism which was just an experiment

[taineasy]

The marketing/merchandising machine controls youth. They are told what is cool, what music is to listen to, what to wear, how to act, etc. Does anyone think for themselves anymore?

[InTheSticks1881]

This message, although a repeat for us, needs to repeated as most folks are just beginning to wake up and the need reinforcement.

If we're bored at this point, don't worry, things will get real exciting and soon.

[zogg18]

Your not seeing what money actually is. It is a IOU from society. Gold is exspensive now because the government is going to devalue the IOUs($). There is alimited amount of gold so the more IOUs out there the more valuable the gold becomes in $. If you use gold as the basis of your IOU system you are not able to manipulate the currency to create demand or manipulate the currency to decrease demand. You lose an economic tool to balance the economy. .

[InTheSticks1881]

"If you use gold as the basis ...".

I would add that they are not able to destroy it's value either, and that the whole idea.  The market alone determines it's value. Fiat currencies result in the ability of a government to steal wealth and devalue by flooding the market with it's currency. If they can't raise taxes, they'll create they money, spend it, and devalue what's in Your pocket.

Better than Gold are real and essential tangibles, real assets, such as tools or food.

[zogg18]

Your right they can devalue the amount of money in your pocket. Governments should have the right to depreciate or appreciate the currency. An appreciated currency will add more value to savings and decrease your wages. A depreciated currency will devalue your savings and add money to your wages. If you use gold you rely on mining companies. Do you want to trust your government or a company.

[InTheSticks1881]

Our understanding and conclusions are very much different

Wages have not kept up with inflation, not even close and most are robbed of their purchasing power and wealth in the process. The ability to change the value of a currency is always abused through out history, and fiat currencies always fail, going to near zero and the people become poor as a result. Central banks and those who receive the new money first profit the most. It is an insidious and incestuous system. Invest in tangibles

[zogg18]

Peoples incomes have not kept up with inflation because in the US case the dollar was overvalued. Capital goods in the US were also grossly overvalued. In the current cycle inflation will increase wiping out the gains made by those on capital markets. It will devalue the $ cutting the demand for imports and stimulating domestic manufacturing.

Central banks can't make a loss or a profit. They determine a value on the IOUs. They are outside the process of trading them.

[InTheSticks1881]

Wages lost value because the dollar lost value, not the other way around. When the dollar loses value, imports costs more which means the consumer has less to spend else where or save. Because manufacturing was sent abroad and oil is imported, most of what we consume went up in price and we became poorer. BTW, the FED charges us interest on the money it lends us, that cost them nothing to print out of thin air. I'd like to be in that business.

Get ready, the dollar is going to ZERO.

[cdominus]

What's the difference?

[TodMcInerney]

Zogg18 writes

Governments should have the right to depreciate or appreciate the currency.

Thomas Jefferson writes

If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.

The Federal Reserve is Privately owned ... Big Trouble

[jeremiahsineiii]

Mail all credit card bills to the FED. Reserve!

[prosvjeta]

5:04

WOW! america is really screwed.

[TodMcInerney]

Take a look at the Lombard System which collapsed in 1348 .... The current financial system is extended many times beyond those acheived at the height of the Lombard System ... there is no fix ... we are going to have a global depression ... its possibly going to be one of the worst the world has ever seen ... the only possible way to lessen the blow is a massive revaluation in gold and silver ... this will soak up some of the excesess of the monetary system.

[zogg18]

Your talking threw your arse. Golds a metal we dig up out of the ground. The price is valued by markets. It can only be revalued upward by increasing the money supply.

[InTheSticks1881]

I ddid not give you the negitive rating, but you are seriously misguilded on this. Gold and silver have for thousands of years been regarded and use as real money. The sarcity of it , the inablity to duplicate it , to misrepresent it , it mearly immutable nature, makes it valuable.

There can be other investments that do better, yet in bad times, when everything else fails to perform, it has ALWAYS been used as a store of wealth. .

Please don't be mistaken. Get some.

[anongrey]

Don't worry though, the banksters will find a way to start World War III. That way, weapons manufacturing and sales will pull us out of this mess just like after WWII, only we will be under the umbrella of a bright new future with a one world corporate fascist government.

[pwl1980]

Sounds like a re-run.

Or is it that these guys keep repeating themselves?

We all have heard over and over how bad it is gonna be and we got it.

I dont mean to be disrespectful but whatever the government is trying to do Mr Celente says how it is not gonna help and thats fine. But maybe he could give us some recommendation what in his opinion they should actually do to fix this mess.