What Will 2012 Bring?
by Gerald Celente
“Wake-Up Call” Trend: The Decline of America trend is nowhere near bottom, and the worse is yet to come.
One year later: “Worse” has happened, as the country piles up more and more debt, politicians are gridlocked, paralyzed in some perpetual political traffic jam of inaction.
“Crack-Up 2011” Trend: Teetering economies will collapse, currency wars will ensue, trade barriers will be erected, economic unions will splinter…
One year later: The Sovereign debt crisis threatens both the European Union and Euro, currency wars are underway and the US and China are trading trade barbs.
“Crime Time” Trend: No job + no money + compounding debt = high stress, strained relations, short fuses. Hardship-driven crimes will be committed across the socioeconomic spectrum by legions of the on-the-edge desperate who will do whatever they must to keep a roof over their heads and put food on the table.
One year later: Thieves are stealing copper piping and cables, cooking oil and temple donation boxes; “Criminal recycling” is flourishing; in 2011 a record number of cyber crimes is reported to the FBI: more than 23,000 per month.