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Category: The Greatest Depression?

Trends Research: Top Trend # 8 — Little People Squeeze

From: Rense.com

Top Trend # 8:
Little People Squeeze

Cheri Van Deusen
12-22-8

“When people lose everything, and there’s nothing left to lose … they lose it.” -Gerald Celente

KINGSTON, NY — Among our TOP TRENDS 2009, The Trends Research Institute forecast an imminent onslaught of “Hassle Taxes” to be levied by governments at every level from local to federal.

Intended to make up for shortfalls in revenue brought on by the economic crisis, we predicted the taxes would “squeeze the already squeezed” while leaving the most wealthy relatively untouched.

Right on schedule, Governor David Paterson of New York proposed 130 new or sharply raised taxes on a broad range of items including: Soda pop, taxi rides, haircuts, movie tickets, music downloads. If the Paterson proposal is implemented, almost no aspect of daily life will be left untaxed.

New York is not alone … most states are imposing “hassle taxes” and raising property and school taxes despite dramatically declining home values.

While the unfair and burdensome taxes will fail to balance budgets, they will succeed in infuriating the general public ­ to such an extent that tax revolts will break out around the country, along with incendiary displays of both civil and uncivil disobedience.

Blind to the repercussions, governments do not recognize that revolution, not prosperity, is just around the corner.

That’s not all. Beyond tax revolts and civil disobedience , 2009 will be a tumultuous year.

Trends foreboding and trends promising:

The Collapse of ’09: Markets will tumble and major businesses will fail.

The Greatest Depression: Worse than the 1930’s Depression. Why?

Revolution: What will be the spark that ignites it? Who will fire the shot heard around the world?

Obamarama: High hopes, broken promises: Some victories, major failures.

Economic Slim-Fast: Like it or not, Americans will go on a spending diet and food diet.

Bush Gardens: Lawns out, Edible Landscaping in. Why Bush Gardens?

Whole Health Healing: 2009 marks a year of “attitude change” for the on-trend health aware.

Little People Squeeze: Politicians will put the financial squeeze on the already squeezed.

Regenerative Medicine: The time is ripe for stem cells to come out of the laboratory and into the clinic.

That’s Entertainment: Lifting spirits ­ and drinking them ­ will be big business and major pastimes during the Greatest Depression.

College Crash: Following the equity market meltdown, the real estate bust and the retail unraveling, comes the college crash.

To schedule an interview with Trends Research Institute Director, Gerald Celente, or for a copy of the Trends Journal’s Top Trends 2009, please contact:

Cheri Van Deusen
Media Relations
The Trends Research Institute
CvanDeusen@trendsresearch.com
www.trendsresearch.com
845.876.6700 Ext. 1

Celente: Top Trends Of 2009

From: Rense.com

Top Trends Of 2009
By Gerald Celente

12-18-8

KINGSTON, NY — Exactly one year ago, The Trends Research Institute alerted you to an impending economic crisis we named, the “Panic of ’08.” Last year we wrote:”In 2008, Americans will wake up to the worst economic times that anyone alive has ever seen. And they won’t know what hit them. “

Our forecast was right on target. Few others saw the Panic coming. As former Treasury Secretary Robert Rubin declared (November 29, 2008,) “Nobody was prepared for this.”

Mr. Rubin’s statement was incorrect. We were prepared, and we prepared our Trends Journal ® subscribers.

Now, in our “Top Trends of 2009,” we forecast “The Collapse of ’09,” which in turn will spiral into the “Greatest Depression” the worst economic conditions America has ever experienced.

That’s not all. Beyond economics, 2009 will be a tumultuous year. Trends foreboding and trends promising:

The Collapse of ’09: Markets will tumble and major businesses will fail.

The Greatest Depression: Worse than the1930’s Depression. Why?

Revolution: What will be the spark that ignites it? Who will fire the shot heard around the world?

Obamarama: High hopes, broken promises: Some victories, major failures.

Economic Slim-Fast: Like it or not, Americans will go on a spending diet and food diet.

Bush Gardens: Lawns out, Edible Landscaping in. Why Bush Gardens?

Whole Health Healing: 2009 marks a year of “attitude change” for the on-trend health aware.

Little People Squeeze: Politicians will put the financial squeeze on the already squeezed.

Regenerative Medicine: The time is ripe for stem cells to come out of the laboratory and into the clinic.

That’s Entertainment. Lifting spirits ­ and drinking them ­ will be big business and major pastimes during the Greatest Depression.

College Crash: Following the equity market meltdown, the real estate bust and the retail unraveling, comes the college crash.

Cheri Van Deusen
The Trends Research Institute
CvanDeusen@trendsresearch.com
www.trendsresearch.com
845.876.6700 Ext. 1

Rogers: The Elite Are Turning A Recession Into A Depression

From: Prison Planet

Veteran investor Jim Rogers warns that the policies of central banks and politicians are turning what would have been a recession into a new great depression, and that Barack Obama’s taxation agenda will only make the problem much worse.

Speaking to Bloomberg News, Rogers said that the crisis would at least be the worst since the second world war and that “it could well be” as bad as the great depression.

1929 was the stock market bubble which popped, we were going into a recession and then the politicians around the world starting making horrendous mistakes which turned it into a depression, it would have been just a normal recession otherwise but the American politicians and the European politicians – everyone got in on the act and that seems to be happening this time too,” said Rogers.

Rogers labeled it “unfathomable” what central banks were doing and totally at odds with the lessons of history, adding that President elect Barack Obama’s intention to impose protectionism and taxation of capital would fuel a depression.

If that happens, it’s all over,” warned Rogers, adding that the same thing will happen to the U.S. as happened to Britain between 1918 and 1939, which went from being the richest and most powerful country in the world to being a shambles. China would replace America as the great superpower in the 21st century, said Rogers.

Read Entire Article, Watch Clip

Celente: Facing the Greatest Depression, People Will Go Berserk — “When people lose everything, and have nothing to lose, they lose it”

Transcribed by Jeff Fenske from Coast to Coast AM, 12/19/08

Gerald Celente, Trends Research Institute:

Following the Collapse [of 2009]; then, following the Greatest Depression, we’re going to see Revolution.

And all you have to do is look what’s going on over there in Greece. This isn’t about a 15-year-old kid getting shot. This is about pent up anger, particularly among the young people who have a futureless future. And they’re looking at the corruption in the government, the scandals, and they’ve had it.

There’s a saying that we have—I’m originally a Bronx boy: ‘When people lose everything, and have nothing to lose, they lose it.’

And the people in this country think that social unrest only happens in other countries. It’s going to happen here when you have the homeless, the helpless and the hungry out on the streets. What happened in Chicago, with the workers refusing to leave the factory, you’re going to start seeing more and more of it.

We’re going to see a revolution in this country, and these are the beginning phases.”

As a result of the revolution, Celente considers secession movements to be a very real possibility: America splitting up into pieces.

Celente: Greece-Style Riots Coming To U.S.

From: Prison Planet

Frighteningly accurate trends forecaster Gerald Celente says that America will see riots similar to those currently ongoing in Greece and that the cause will be a hyper-inflationary depression, leading to the inevitable use of troops and mercenaries to deal with the crisis as Americans are incarcerated in internment camps.

As we have highlighted before, Celente’s accuracy is stunning – he predicted the 1987 crash, the sub-prime mortgage crisis and the “panic of 2008,” and is routinely cited even by mainstream news networks as highly credible. …

The trouble would be sparked off by Obama declaring a “bank holiday” whereby people won’t be able to withdraw their money.

“What’s going on in Greece with these riots has nothing to do with a 15-year-old boy being killed, that was only the spark that ignited the pent up, really hatred and disdain, people have for the scandals and corrupt government and the same thing is going on in this country as well,” said Celente. …

“There’s talk of opening all these detention centers and hiring the goon squads, the Blackwaters to run them, so these are realities going on as we speak,” said Celente, adding that the Halliburton subsidiary KBR had been awarded a half a billion dollar contract to build “national emergency” internment camps in the name of detaining illegal immigrants but that they would be used to hold rioting Americans.

“We’re really in a period of ‘off with their heads’ and its going to be the people against the politicians,” said Celente.

Celente said that a breakup of the United States was possible and that the secessionist movement was strong. …

Listen to the interview here.

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Bob Chapman: Hyperinflation and then The Second Great Depression

From: The International Forecaster

We are now 17 months into a credit crisis that continues to expose the corruption and incompetence of government, banking, Wall Street and transnational corporations. The situation has not stabilized and it won’t anytime soon. All we see are sweetheart deals for elitist corporations for which American taxpayers will pay for years to come. The future of our nation is totally out of control. For the last eight years our economy has been running on something for nothing, lies and deceit. The result will be hyperinflation and then the Second Great Depression.

As we predicted long ago the only avenue open to the elitists that control our country is to hyper-inflate to avoid collapse as long as possible. In this process financial institutions, most of whom are bankrupt, are trying with the help of the American taxpayer, to hold on. In that process they are severely limiting credit, which restricts business and growth and has caused crippling de-leveraging in our economy, particularly among hedge funds. Debt totally embraces our lives and finally we see de-leveraging among individuals as all debtors and borrowers come under pressured from the lenders. While this transpires relentlessly, unemployment grows stamping out the buying power of the masses many of whom already are on the edge of bankruptcy. We have this great mass of disintegration on the bottom and massive amounts of money and credit on the top. The money and credit is not reaching consumers who have been forced to stop buying. It is staying on the balance sheets of banks, brokerage houses, insurance companies and transnational conglomerates, such as G.E.

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Peter Schiff: The Hyper-Inflation Cat Will Soon Be Out of the Bag

From: Financial Sense University, A Nightmare Before Christmas

Last weekend Barack Obama announced his intention to implement a New Deal-style stimulus and public works program. What he somehow forgot to mention is that the United States is wholly dependent on the willingness of foreign creditors to supply the funds. But a weakening dollar makes continued foreign purchase of U.S. Treasuries a much more difficult decision.

Once the dollar begins to collapse beneath the weight of all this new deficit spending, accumulation of contingency liabilities, and the socialization of our economy, commodity prices and interest rates will head skyward. In addition, once all the going out of business sales at U.S. retailers are over, and excess inventories have been reduced, watch for big price increases at the consumer level as well.

Once the government runs out of foreign and private sector bidders for new treasuries, the Federal Reserve will be the only buyer, and the hyper-inflation cat will be completely out of the bag. Sensing this, the Fed has recently indicated a desire to begin issuing its own bonds. However….

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Blogging The Meltdown: More Huffington Post Readers Share Their Stories

From: Huffington Post

On December 1st, Arianna wrote a piece about the terrifying state of America’s economy.

So, just like we did with your election anxiety, we asked you to share. And share you did!

We’ve pulled together a selection of some of the standout stories to share with the rest of our readers — both to do our part to document the downturn and to make sure that everyone out there feeling the financial pressure knows that they are not alone.

You can read the first post in the Blogging The Meltdown series here. And now we bring to you the second.

Like we said, the meltdown will be blogged. By you.

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Secret Citibank Memo: ‘Inflation Shock,’ Depression and/or Civil Disorder Coming in 2009/10

From: Natural News

An internal memo from a top Citibank analyst reveals what the banks really think about the global financial situation, and the outlook is grim.

“The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock,” wrote Tom Fitzpatrick, Citibank’s chief technical strategist.

He goes on to explain that the massive money creation efforts by the Federal Reserve and other central banks will end with one of two things: A resurgence of inflation, or a fall into “depression, civil disorder and possibly wars.” Either outcome, he says, will cause the price of gold to skyrocket. Gold will push to well over $2,000 per ounce, he explains.

The timing on all this? Sometime in either 2009 or 2010, said the analyst.

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Russian Professor: Crisis to Split USA Into 6 Pieces by 2010?? Alaska Returns to Russia??

Is this a prediction of what will happen, or just what many Russians apparently hope will happen? See “CNN: Russia Embracing…” link, below.

[youtube=http://www.youtube.com/watch?v=TS1EO58fp1M]

Russia Today interviews Igor Panarin, a professor at the Diplomatic Academy of the Russian foreign affairs ministry, who believes the economic crisis in the US has confirmed his long-held belief that the country is heading for extinction in its present form. source

Related:

Full article at PrisonPlanet: Russian “Infowar” Analyst Says U.S. Will Break Apart (includes US map)

CNN: Russia Embracing Professor’s Idea that U.S. Will Break Up Into Pieces by 2010

Trends Forecaster, Gerald Celente: Products that affect spiritual & emotional health will be in demand

Source

[youtube=http://www.youtube.com/watch?v=c17VbqHy5TE]

“The niche markets we look at with the most potential for growth are in health, fitness, nutrition.

And when I say those three, I also mean spiritual, emotional, as well as physical growth and health.”

And: “Don’t let your quality down.”

Trends Forecaster, Gerald Celente: The GREATEST Depression Coming — “This is the time for innovation … The best of times for the people of a higher moral character”

Alex Jones interviews Gerald Celente, CEO of Trends Research Institute, 11/17/08

Outline and transcriptions by Jeff Fenske

[youtube=http://www.youtube.com/watch?v=UaWZWyBSBB0]Part 1 of 6

“Current events form future trends. … We look at over 300 different categories on a daily basis, worldwide, looking for those major trends that are shaping the future.”

“We look at this data [from numerous areas];
we analyze it…as political atheists [completely objective skeptics].”

We look at events for what they are and not what we want them to be,”

Globalnomic: including the entire world + to manage
Because trends can be managed.

How Celente became a trends forecaster
Began Trends Research Institute in 1980

[youtube=http://www.youtube.com/watch?v=iilxh9v-l_U]Part 2 of 6

“We think the real breakdown is going to begin in February.”

Why this depression will be the worst.

Unless we have
an alternative energy breakthrough
other than solar, wind, geothermal, etc.

A bank holiday.

Gold goes up. Houses go down.

[youtube=http://www.youtube.com/watch?v=tEzpVoHF2yA]Part 3 of 6

Gold confiscation?

People will revolt.

“We think the first cracks will become very evident in February. …
From then on, it’s going to go downhill from there.”

Commercial real estate glut. You’ll start seeing ghost-malls.

“As the giants fall, they’re going to leave big gaps left behind.
And that’s where the entrepreneur is to move into these slots.”

Ex-Hitler youth’s warning to America: ‘Every day brings this nation closer to Nazi-style totalitarian abyss’

From: World Net Daily

“Every day brings this nation closer to a Nazi-style totalitarian abyss,” writes Hilmar von Campe, now a U.S. citizen, and author of “Defeating the Totalitarian Lie: A Former Hitler Youth Warns America.”

He writes: “The most painful part of defining National Socialism was to recognize my own moral responsibility for the Nazi disaster and their crimes against humanity. It boiled down to accepting the truth that ‘as I am, so is my nation,’ and realizing that if every German was like me, it was no wonder that the nation became a cesspool of gangsters. This realization is as valid today for any person in any nation as it was then, and it is true for America and every American now.”

Von Campe’s message is that political freedom and democratic rules alone are not sufficient to govern humanity justly.

“Democratic procedures can be subverted and dishonest politicians are like sand in the gearbox, abundant, everywhere and destructive,” he writes. “What I see in America today is people painting their cabins while the ship goes down. Today in America we are witnessing a repeat performance of the tragedy of 1933 when an entire nation let itself be led like a lamb to the Socialist slaughterhouse. This time, the end of freedom is inevitable unless America rises to her mission and destiny.”

Von Campe says he sees spiritual parallels among Americans and his childhood Germany.

The silence from our pulpits regarding the moral collapse of American society from within is not very different from the silence that echoed from the pulpits in Germany toward Nazi policies,” he explains. “Our family lived through the Nazi years in Germany, an experience typical of millions of Europeans regardless of what side they were on. We paid a high price for the moral perversions of a German government….”

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Bob Chapman: Expect The Recession To Increase In Severity

From: The International Forecaster, November 8 2008

The dichotomy between paper and metals, US owes 3 trillion to foreigners, the wiemarization is coming, more banks go belly-up, gold manipulation poses problems for economic stability, consider the recent rallies to be as good as it will get

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