Gerald Celente - Oil - Interest Rates - Inflation - Clowns running Washington - 1st March 2011

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The Middle East protests have fueled more than just a change in Democracy; it looks like these political outbursts will affect the gas pump as well. There are reports that crude oil could rise up to 200 dollars a barrel. Director of the Trends Research Institute Gerald Celente says the role of the Federal Reserve, interest rates and the potential oil crisis out of the Middle East could be detrimental to the United States economic recovery

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Celente's accurate forecasts include the 1987 stock market crash, the collapse of the Soviet Union in 1991, the 1997 Asian currency crash" and "the 2007 subprime mortgage scandal." His forecasts since 1993 have included predictions about terrorism, economic collapses and war. More recent forecasts involve fascism in the United States, food riots and tax revolts. Celente has long predicted global anti-Americanism, a failing economy and immigration woes in the U.S.[13] In December 2007 Celente wrote, "Failing banks, busted brokerages, toppled corporate giants, bankrupt cities, states in default, foreign creditors cashing out of US securities ... whatever the spark, the stage is set for panic in the streets" and "Just as the Twin Towers collapsed from the top down, so too will the U.S. economy ... when the giant firms fall, theyll crush the man on the street." He has also predicted tax revolts. In November 2008 Celente appeared on Fox Business Network and predicted economic depression, tax rebellions and food riots in the United States by 2012. Celente also predicted an "economic 9/11" and a "panic of 2008." In 2009 Celente predicted turmoil which he described as "Obamageddon" and he was a popular guest on conservative cable-TV shows such as Fox News Sunday and Glenn Beck's television program. In April 2009 Celente wrote, "Wall Street controls our financial lives; the media manipulates our minds. These systems cannot be changed from within. There is no alternative. Without a revolution, these institutions will bankrupt the country, keep fighting failed wars, start new ones, and hold us in perpetual intellectual subjugation." He appeared on the Glenn Beck show and criticized the U.S. stimulus plan of 2009, calling government controlled capitalism "fascism" and saying shopping malls in the U.S. would become "ghost malls." Celente has said, "smaller communities, the smaller groups, the smaller states, the more self-sustaining communities, will 'weather the crisis in style' as big cities and hypertrophic suburbias descend into misery and conflict," and forecasts "a downsizing of America."

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[terrygand]

Inflation? Why count that ? Well not on food & energy! Let`s pretend `all is well` ; just maybe nobody will notice! If we get `caught` telling lies, we can always blame the unemployed! That usually works. We can all be `Happy` in our "Self Delusion" !mmmmm.......

[Hecydec]

fuck you america is not a lie o lie any way fuck u

[dajwilkinson]

This week in Britain we have seen the highest ever pump prices for diesel and our lending institutions have not waited for the Bank of England's lead, as is their normal practice, and have announced interest rate rises. We have no 'Federal Reserve' so we can't blame that. US warmongering in the Middle East has driven these changes - it's karma for the States, collateral damage for the rest of the world.

[Phalinex]

RT (Dictator Putin Propaganda Channel) This is Putin promoted BULLSHIT. If you think fox news is bullshit you haven't seen anything, this is anti American propaganda on steroids.

[iranwarcom]

Gerald, Why do you talk like a whimp on Foxnews and like macho man on youtube

[Dove2west]

A day of rage will only make things much worse for America.

[agenthelios1]

@madmankitchen People wont bother protesting, not as long as there is Jersey shore, Justin Beiber, or pregnant teens on TV.

Even if they did protest it would be a WEAK protest with sign holding. When they have signs the elite just laugh at them while they count the money they are raping them for. America needs a REAL protest, but as I said people here in this country are too weak willed and scared.

[nowthatsinteresting1]

Inflation has been going up - but interest rates have stayed the same... how does that work, anyone? If inflation is caused by world commodity prices going up, rather than there being too much money chasing the same products, then it makes no sense to increase the interest rates. Discuss.