He accurately predicted the trends that have shaped the last decade. Ahead of the collapse of 2008 his Trends Journal newsletter issued a forecast that stock markets, which had just hit all time highs, would buckle in the first quarter of the year and that an unprecedented recession would blanket the global economy. He said the decline in financial markets would then be followed by disillusionment in America’s political and economic systems, leading to the rise of a third-party and widespread protests across America. And while officials the country over tried to assuage fears in the populace, he cautioned that the middle class would continue to be destroyed through taxation, regulation and fiscal incompetence.
His foresight was 20/20.
Now, renowned trend forecaster Gerald Celente warns that, despite establishment claims of recovery and growth, things are about to get a whole lot worse.
Celente isn’t suggesting that a massive collapse is going to happen in the future.
He says we’re already in it – and it’s taking hold right before our eyes across the entirety of the globe:
This selloff in the emerging markets, with their currencies going down and their interest rates going up, it’s going to be disastrous and there are going to be riots everywhere…
…So as the decline in their economies accelerates, you are going to see the civil unrest intensify.
