The "Panic" Of 2008 To The "Collapse" Of 2009
Gerald Celente, CEO of Trends Research Institute, sent out a letter to his subscribers announcing that he had purchased a domain name called "Collapseof09.com".
Around this time last year, Celente sent the following message to his subscribers;
Having correctly forecast the "Economic 9/11", Celente is warning that people should prepare for something much worse in 2009.
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Celente's accuracy is widely heralded since he correctly predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar.
In 2007, Celente forewarned that "giants (would) tumble to their deaths," which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others.
Celente has stated that the current financial downturn will ultimately lead to nothing less than revolution.
"There will be a revolution in this country," he said. "It’s not going to come yet, but it’s going to come down the line and we’re going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen."
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