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Gerald Celente: America Headed Towards Total Financial Collapse

Wednesday, June 17, 2015 11:03
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(Before It's News)


By: Voice of Reason



The video below is with none other than Gerald Celente who has been saying A Worldwide Panic Is Beginning And “There Is No Recovery.” How do people not believe this crash is coming? How? Willful ignorance? The video touches on the filthy rich who are Renouncing US Citizenship in Record Numbers, and fleeing to Multi-Million Dollar Doom Bunkers. Are you wondering What Will Happen To You When The Dollar Collapses? Watch the video and get top notch insight from one of the world’s finest: Gerald Celente. 

It says the following in, Gerald Celente Declares That A Worldwide Panic Is Beginning And “There Is No Recovery:”

OK, some things have begun to happen, and some very important people in the financial world are getting VERY nervous. If you’re not already well versed in who Gerald Celente is, then Google him and do 20 minutes worth of reading on him. After about three minutes of reading, I’m sure you’ll be sufficiently convinced that Celente takes the term “FINANCIAL GENIUS” to a new level.  The guy has predicted almost every financial hiccup and crash in his lifetime to the minute it seems like. In my post titled: IF YOU SEE THESE PEOPLE PACKING UP, OR YOU NOTICE THEY ARE NO LONGER AROUND, THEN THE WHEELS ARE ALREADY OFF, AND IT’S ABOUT TO GO DOWN, the author says:

“My insider sources inform me that the same thing is happening in various federal organizations by  those who have recently retired from the CIA, DHS, NSA and FEMA. This fact is indisputable. I have firsthand knowledge of four ex-fed officials and their families who have relocated to safety enclaves when doing so was very disruptive to their respective family’s lives. Increasingly, it is looking like some major event(s) is/are coming and persons with insider information are attempting to remove themselves from harm’s way.

When government officials, from the various alphabet soup agencies, retire en masse, it is not necessarily a noteworthy event. However, when the same officials retire en masse and then relocate to form their own survivalist enclaves, then this is something that we should all sit up and take notice of, especially when we are seeing the same behavior on the part of Wall Street executives.”

Gerald Celeste is ONE OF THE PEOPLE that article is talking about. He is one of the brightest minds in all of finance saying, and he is already saying “IT HAS BEGUN…” So, not knowing what, when, or how fast things may or may not unwind, who’s to say when I take some advice given by Dave Hodges of The Common Sense Show some time ago:

“Some of my very best contacts have told me that it is time to stop warning the people, because it is now time to start hiding from the wrong people.” 

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By: Voice of Reason




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Total 12 comments
  • Oh no not CALIENTE again…When we he ever give it up…

    He should call Lyn LAden. She will give him some advice…

  • Celente is anti-semitic, and anytime he brings anything up is to cause fear to the public. His behavior must stop.

    • Here we go again……..the old “anti-Semitic” canard is trotted out again!!

    • At least you had Jones praising Eisenhower the Jew mass torturer and murderer.

  • Beforeitsnews record of forcasts is atrocious. When Obama said he would cut the deficit in his first 4 years, Beforeitsnews denounced him for failure. Yet, he did it but it and today it is nearly 1/3 of the last Bush deficit. Under the first Obama budget, which started in 9/2009 (he inherited Bush’s 8th budget), the budget was cut in half in 4 years. In Sept, 2012, Beforeitsnews headlined: OBAMA’S POLICIES HAVE FAILED TO CUT THE DEFICIT IN HALF…well, they cut it by 45%.

    Obama Deficits
    FY 2016*: $474 bln
    FY 2015*: $583 bln
    FY 2014: $483 bln
    FY 2013: $680 bln
    FY 2012: $1,087 bln
    FY 2011: $1,300 bln
    FY 2010: $1,294 bln

    Deficits under the 8 Bush budgets:
    FY 2009†: $1,413 bln
    FY 2008: $458 bln
    FY 2007: $161 bln
    FY 2006: $248 bln
    FY 2005: $318 bln

    • The outstanding debt per the Bureau of Public Debt, a division of the Treasury Dept. shown below:

      09/30/2014 17,824,071,380,733.82
      09/30/2013 16,738,183,526,697.32
      09/30/2012 16,066,241,407,385.89
      09/30/2011 14,790,340,328,557.15
      09/30/2010 13,561,623,030,891.79
      09/30/2009 11,909,829,003,511.75
      09/30/2008 10,024,724,896,912.49
      09/30/2007 9,007,653,372,262.48
      09/30/2006 8,506,973,899,215.23
      09/30/2005 7,932,709,661,723.50
      09/30/2004 7,379,052,696,330.32
      09/30/2003 6,783,231,062,743.62
      09/30/2002 6,228,235,965,597.16
      09/30/2001 5,807,463,412,200.06
      09/30/2000 5,674,178,209,886.86

      A budget deficit argument is largely meaningless in terms of assessing performance. It’s like a company CEO stating, instead of the trillion dollar loss we planned, we had a surplus of $100 BILLION!!! and so our loss was only $900 billion. In non-bail out world, the stock of that company would tank, the CEO would be sacked, and the investors would sue management. And if you think this scenario is not real, just look at the financial statements of Fannie Mae and Freddie Mac. When you fail so much that there is risk of “systemic” failure, you simply hand over the reins to DC. (George Washington would likely be offended to see what has become of the country he helped found.)

      Unless there is a true deficit reduction plan successfully implemented, we cannot expect to see the United States remain in its current form.

  • When a new President takes office in Jan, her inherits the Budget proposed and approved by the last President and by law he cannot refuse to spend the appropriations. Nixon tried and got in big trouble, and today it is a crime not to execute the appropriation bill. Debt (or surpluses, which Bush inherited from Clinton) are not attributed by when President takes office since he is bound by law to execute his predecessors budget, which goes until October. Of the 1.413 Bush deficit, 200 billion actually belongs to Obama because this was the first installment of the Stimulus package which Congress granted. Some claim the 2008-9 Bush Budget was under the Democratic Congresses control but it fact Bush asked for 3.1 trillion and he was given 3.1 trillion. His mistake was to use rosy projections underestimating govt welfare expenses due to 8 million job losses under his 2 last budgets (which effected households with 20 million, foodstamps, medicaid, etc)and overestimating reveneue. His economic team projected a deficit of about 450 billion but due to their optimistic and faulty predicitions, it mushroomed to 1.2 trillion.

    When Bush took office, the CBO projected surpluses of 5.3 trillion by the end of his 8 budgets (cbo.orgt) but instead, under the 8 Bush budgets, the debt went from 5.8 trillion to 12.6 trillion, more than doubling the debt. Instead of a surplus of 5 trillion, Bush left us with new debt of 6.8 trillion, a net loss of 11.8 trillion relative to what was projected. With that money, he managed to lose private sector jobs, despite 23 million new Americans. Under Obama, including the 200 billion he added to the Bush budget, debt has gone from 12.6 to 18.1 trillion, a gain so far of 5.6 trillion, or about 45% increase, and with that spending, he ended the worst recession in 80 years and has helped create over 8 million new jobs. The rise in spending under Obama is the lowest of any President in the last 50 years.

    Ironically, the two Presidents who ran as “fiscal conservatives” did the most borrowing and spending, with Reagan tripling the debt and Bush more than doubling it. Beware of labels. Beware of false prophets and liars, whether it’s before the news or after!

  • You all are for death or life it is that simple,your extra time is almost up.Have a nice ride
    hookah hay it’s a good day to die,or live.


  • Just like we were headed for a Mitt Romney presidency (your prediction) yeah, yeah, I get it.

  • Vote for ” what difference does it make. ‘ Hilary

  • So the economy is on the brink of collapse…it has been for the last 5 to 8 years according to Celente and the likes of him. For me what has happened now is the “Boy Who Cried Wolf” syndrome. Though I agree things are not what they seem and could go south quickly, I am tired of hearing the same old drool time and time again from the same people. They cry “WOLF” and say he’s coming soon when the Wolf is standing right behind them snickering, making them look like a fool, waiting to pounce on his own time determined by his handler. Gerald Celente has become irrelevant to me unfortunately. :razz:

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