EXCLUSIVE INTERVIEW
Gerald Celente: Canary in the Global Economic Mineshaft
By Anthony Wile - November 01, 2015

Introduction: Forecasting trends since 1980, Mr. Gerald Celente is publisher of the Trends Journal®, Founder/Director of the Trends Research Institute® and author of the highly acclaimed and best selling books, Trend Tracking and Trends 2000 (Warner Books). Using his unique perspectives on current events forming future trends, Gerald Celente developed the Globalnomic® methodology, which is used to identify, track, forecast and manage trends. His on-time trend forecasts, vibrant style, articulate delivery and vivid public presence makes him a favorite of major media. The Trends Research Institute has earned its reputation as "today's most trusted name in trends" for accurate and timely predictions. On the geopolitical and economic fronts, Celente and The Trends Research Institute are credited with predicting the collapse of the Soviet Union, the last two economic recessions, the dot-com meltdown, the 1997 Asian currency crisis, the 1987 world stock market crash, increased terrorism against America, "Crusades 2000," the quagmire in Iraq … before war began and much more. The Trends Journal is on YouTube here.

Anthony Wile: Hello, Gerald. Thanks for speaking with us today. Let's dig in. You sent out a Trend Alert this afternoon entitled "Broken China, Global Meltdown." At The Daily Bell, we featured an article just this morning about China. Share with our readers the focus of your email and why you felt the issue was important enough to send an alert.

Gerald Celente: China is the canary in the global economy's mineshaft and when you look at China and see the growth that it's had, for example, their debt level just as they were joining the World Trade Organization in 2001/2000 it was about $2 trillion. Now we're talking almost $30 trillion.

All China did is the same thing that the United States did, that Japan did, that Europe is doing. That is, they have a different name for quantitative easing and Ponzi schemes. They built a good part of their economy on borrowed money, leverage and speculation. As China built itself you saw the emerging markets, particularly the resource-rich ones, become richer as they were selling China natural resources because China gobbles up essentially 45 to 50 percent of a lot of the world's raw materials. For example, look at iron ore. At the peak in 2011 iron ore was selling for almost $200 a ton; now it's selling for around $50 a ton. If you look at the index of commodities, they're hovering around 1999 levels.

China is really the country to look at, not that they're the ones that are causing the decline but with so many countries dependent upon China for exports, for China to buy their product, whether its finished product or raw materials, you can see how the implications are going worldwide.

But as I said, China's only part of it because you look at the United States, you look at Europe and you look at Japan, for example, with all their quantitative easing and record-low interest rates here in the States and in Europe – Europe has in some places negative interest rates – it has done nothing really to build the fundamentals of the economy; all it did was juice the equity markets.

What's going on is very important, not only on a geopolitical scale but on a whole other level. China's greatest fear beyond America's pivot to Asia and the war talk is what's going on among the people there. They used to report – they've stopped reporting now – they had about 30-, 40,000 incidents, public protests and strikes against the Chinese government, yearly. We're still seeing some of those, particularly in the western provinces with, for instance, the Uyghurs who are looking to break away again. They killed 50 people there in one day and even the locals didn't know about it, the people that were rebelling against the Chinese government. They have 1.2, 1.3 billion people – that's their greatest concern, is citizen revolts. They have to do everything they can to keep their economy afloat.

Number two, in China with the weak numbers coming out, nobody believes their numbers. According to many economists and financiers, their growth rate is really more around the 4 to 5% range, if that high, rather than the 6.97% range.

Anthony Wile: I'd like to discuss a couple of the trends in focus in your Summer Trends Journal and then discuss how they fit into some areas of additional interest we've been pointing out to our readers. I'll throw some phrases at you from the Journal and let you respond with a description of why such a trend might be important from a social and investing point of view.

The first is from, "Seven years of rigging the game," an article that talks about banking and an "acceleration toward extreme market fallout" – worldwide. Can you elaborate on this, and talk about both the ramifications and the causation?

Gerald Celente: The ramifications are that we have a concentration of wealth because of record-low interest rates and quantitative easing, and when you look at all the numbers, the tens of trillions of dollars that the Federal Reserve and central banks have pumped into the system since the great recession at the worst levels of it in 2008, 2009, it's really only gone to boost the equity markets. In the rest of the world, you have places like Greece austerity measures, Portugal austerity measures, Ireland austerity measures. "Austerity measures" is really just a word to fine people and tax them to pay off bad loans the banks made.

When you look at the numbers and why the equity markets are high it's because they've been borrowing money for nothing. That's why you see merger and acquisition activity now at record levels, going to surpass the hype back in 2007. They're borrowing money for nothing. The same thing with stock buybacks. You're borrowing money for nothing. It's a carry trade. You buy back your stock, you drive up the prices and the people at the top get richer.

Is this speculation? No. The facts are all there. When you look at the implications it affects the everyday person because of the concentration of wealth. You're looking at 85 people in the world – 85 people in the world – have more money … you ready? Than 3.5 billion. You're looking at the gap between the rich and the poor now in the United States at levels that are worse than it was during the Gilded Age, with the concentration of wealth in the hands of so few.

That's why, going back to China, this is a supply and demand issue. If the United States and Europe aren't buying things, China's not making them. If China's not making them, resource-rich nations, particularly countries such as Brazil, Bolivia, Chile, Russia, Niger, Nigeria, Ghana, are not selling their natural resources. If they're not selling their natural resources, if American and European economies are flat and China's not making things, you have a global recession/depression setting in.

With the money concentrated in the hands of a few, with production and exports and imports slowing down around the world, you have fewer people with money to buy product. It's supply and demand. That's why you're seeing all of these commodity prices go so low.

Go back a year ago when oil prices started to decline, and now they're down some 50% from essentially a year ago, this summer. What was the first reaction? "They're doing it to punish the Russians." Then you'd hear, "No, no, no, the Saudis want to control more of the market so they're putting more money out there." No. It's supply and demand. It's not only in oil; it's in zinc, aluminum, copper, iron ore, across the board. It's a supply and demand issue.

The last seven years have made the filthy rich filthy richer. I don't blame them. I'm not saying they're wrong. I'm saying they could go to the casino and gamble. The regular people can't; they have to play Lotto.

Anthony Wile: Another trend that attracted my attention is "energy diversification." Please explain the importance of this trend … especially from an investment standpoint.

Gerald Celente: Ironically, energy prices for fossil fuels are declining at the same time there are more advancements in what they call alternative energies. Go back 100 years ago and coal was the dominant energy. Then oil became the dominant energy. Before that, people rode around in horse and buggies. There was no such thing as refrigeration. It was the iceman.

What we're looking at is that kind of change. We're moving from fossil fuels, but beyond wind, solar, geothermal, biofuel. We're going into a whole new era and this is just the beginning of it. Ironically, it's happening at a time when commodity prices for fossil fuels are declining rapidly.

We believe that one of the big fields to look at, which we write about frequently, are the new breakthroughs, whether it's in hydrogen or thorium, zero-point energy, whatever new fields are there. Everybody can laugh at these things but they laughed at the other inventions, too. We believe that we're going to see some major breakthroughs. You're also seeing price declines happen, too, as advancements in solar and other energies keep growing. Fossil fuels are going to become a very fossil thing in the past.

As for other implications of this, do you think the United States foreign policy in the Middle East will change? Do you think anybody will care about Saudi Arabia, the beheaders-in-chief worldwide? What is it, 175 people they've beheaded already this year? Do you think anybody will care about any of these Middle East countries, Qatar or Bahrain, if there's no oil? Do you think the United States would have invaded Iraq and destroyed Libya if their major export was broccoli? Of course, Syria, too. It's about pipelines running through, too. The whole Middle East program changes and so, too, do world economies. Really, it could be the wildcard that puts us back on a path to prosperity, actually.

Anthony Wile: That's a hopeful assessment. Finally, there's "Millennials and their fears." My question: What are they afraid of and how are they coping?

Gerald Celente: Millennials are very interesting. It's probably the most ego-inflated generation because when they were little kids they were told how amazing and special they were, like they were going to split the atom or something. They were kids!

Our CEO was just telling me a story. He grew up in Queens; I grew up in the Bronx and Yonkers. His mother was a dancer with the Ukrainian dancers back in the day. The great Ukrainian dancers escaped Stalinist Russia. They were performing at Carnegie Hall and one day they were practicing. Of course, the mother took him with her. He was a little kid, eight years old. All of a sudden this Ukrainian guy throws something at him and tells him to shut up as he's carrying on. You could never do that today.

Anthony Wile: I bet he shut up, though.

Gerald Celente: Of course. He said he was scared out of his wits, this guy screaming at him. Of course, the mother didn't say anything; the kid wasn't behaving.

Now, we have this generation that grew up where everybody won. There were no losers at games. Everybody got trophies. Their egos were blown up with how amazing and special they were. Now they come out of college, those who went, and their debt level is greater than consumer debt, at about $1.3 trillion. They can't get good jobs, many of them, and they don't have a lot of dreams.

Again, I began with the mergers and acquisitions activity. There's been a consolidation of industry that we've never seen before in this country. The mom-and-pops can't compete. The entrepreneurs have difficulty competing because the playing field has been tilted in favor of the multinationals. From the NAFTA trade agreement to Obama's new Trans-Pacific Partnership, it's about the multinationals. They're growing up in this time.

It's very interesting that we find in our research that they don't have great visions for hope in general. However, that's in general. There's still a leading edge among them that see the future very differently and understand that they can make it anything they want.

Every generation thinks they've discovered something that's very old. My generation, the Baby Boomers, we discovered health food. This generation thinks that they're discovering farm-to-table and buy local but it's very big in the consciousness of a lot of them and they're doing a lot to make that happen.

Look at the Occupy movement they put on. At first glance, it didn't amount to much. But in fact, it accomplished a lot because it accomplished the understanding of the 1% that own so much. If that's all it did, it did a lot. It's actually not 1%; it's .01%. They brought that consciousness out. If you talked about the 1% before, you would be considered a socialist and that you were against capitalism.

By the way, this isn't capitalism. I mentioned it's the merger of state and corporate power. It's fascism. As a matter of fact, look at the so-called debates. Who are they sponsored by? Who runs them? Corporations. ABC, CBS, NBC, Fox. Oh, they're "networks"? They're not networks; they're corporations. You can put a different name on it but it's still corporations. If you call a whorehouse a brothel it's still a whorehouse. In fact, I would call it a brothel because the people running them are presstitutes.

It's a corporate controlled election. They decide how the game is going to be played and who's going to play it. Democracy? Save it for the kids in high school and the stupid kids that are paying to hear it in college.

That's the implications of the Millennials. And by the way, it's not up to them to change things. It's up to all of us. The Founding Fathers weren't Millennials. They were seasoned. That's what we need. We need a combination and integration if we're going to have positive change. It's about all of us.

It's every generation, by the way. I remember generation Y. The marketers would say, "These are very savvy kids. You just can't sell to them in the same way." Yeah, right. They gulp down Red Bull. They'll drink phosphorescent Slurpies, and you're telling me how brilliant they are? Look at the crap they eat and how they look.

Again, they try to do this to every generation. There's nothing special about people – sex, gender, race – It's individuals, not generations.

Anthony Wile: It seems to us the Millennials do seem to have a generalized mistrust of government and generally a disbelief of what they're told. Is that an accurate perception?

Gerald Celente: That's accurate, but it's accurate across the board. Look at the studies coming out. Nobody believes it. Only the people that work for it or believe it anymore or the people who are too stupid to think for themselves. That's what I'm trying to say. They're not alone. Join the club.

Anthony Wile: Another poll recently showed that, regarding the media. Are Millennials, then, opting out of participating in using the government to create change, looking to the state for change? Do you see them building an alternative way of making change?

Gerald Celente: Again, it's not up to them. It's up to all of us. You can't do it on your own. Look at the Podemos Party in Spain. It began as a younger movement, and then it just faded out. It has to be a collaboration of all generations, a generation blending. What they do with all of this is try to separate the generations. These children who don't believe what they're hearing are no different than the rest of us in the sense of who believes this stuff? You've got to be an imbecile to believe it.

Anthony Wile: How much of that do you attribute to what we call the Internet Reformation, access to other-than-mainstream media?

Gerald Celente: Oh, it's a big part of that. Oh, yeah. However, while it's the information source and it's opened up people to different ways of thinking, the corporate media – of which six companies own 90% of the mass media – is still the voice. They still set the tone. We can use the Internet for alternative information and to widen our perspectives, but the big corporations still call the shots.

They'll throw out the buzzwords that people will buy. If you want to hate Putin, tune in any of the major media and they'll throw out the buzzwords to hate them. If you want to hate Assad you could use the major media for that. Look how the major media sold the lie of the Iraq War. The major media still plays the major role. The Internet gives us the freedom to learn more about different things, but at this point it doesn't have the power to drive elections. But that could change.

Anthony Wile: As part of this awakening or expanding consciousness, across the board, do more people now understand the value of gold and silver, buying land, participating in pre-public opportunities like cannabis that's now opening up, these sorts of strategies? Are they looking at things differently enough that they're moving toward these shifts?

Gerald Celente: A small minority. It's always the minority, and it's a very small percentage of the awake and the aware.

Anthony Wile: What about the growing numbers of people leaving the US and even renouncing their citizenship? What do you make of that?

Gerald Celente: When you look at the number, it's not really that great a number. The problem becomes where do you go? Where do you go? That's why I was looking to leave the country in 2010. I went down to Uruguay, Argentina, Chile, and I've been around a lot of the world. I realized, you can't run away. There are freaks everywhere.

This is my country. I want to do what I can to make it the way it was when it was the land of opportunity. When people say, "Love it or leave it," I say, "No, you leave it. I love it. You're the guys who are changing it and screwing it up. " That's why I bought these historic buildings on the most historic four corners of the United States, the 1750, 1763, and 1774 Academy. I realized after being in Berlin and seeing the destruction there that happened during the reign of Hitler, why didn't the people stop this? What took them so long? It was going to end. Why didn't they end it before it was all destroyed?

I could never be me if I was born in Italy. I could have never had the freedom to be me. This is my country. Just because I've got a bunch of little freaks running the show doesn't mean they're going to either intimidate me or rule my life. As I say, my blood is Italian but my heart's American.

Anthony Wile: That's a dilemma many struggle with, whether to continue trying to make massive change or get themselves and their families out, or at least make preparations to do so, now. On that note, let's wrap up with an update on your September Occupy Peace conference and rally, which we discussed in our last interview. How did it go? What came of it? What do you see carrying forward from the weekend?

Gerald Celente: Our speakers were Ralph Nader, Gary Null, Cindy Sheehan and Dr. Robert Thurman, Uma Thurman's father who's a big peace advocate. We closed down the streets with the mayor's permission. Anyone can go to the website, OccupyPeace.us, and watch the video there. We're making a documentary of it.

Ralph Nader's very excited about this. He stayed around another an hour and a half after the rally and we spoke, then he invited me to Winsted, Connecticut for the opening of his new museum he's opening there. Then he invited me again to another talk, recently. He's very interested in keeping this going. So is Gary Null, who has progressive radio and is very well known in his work in nutrition, healing, alternative remedies and on and on, for a long, long time, and Cindy Sheehan, as well.

What makes OccupyPeace different is that it's a program. There was no ohming and praying for peace here. We have a program: Close the bases overseas, bring the troops home, secure the homeland, put them to work rebuilding our rotted infrastructure rather than highways in Afghanistan. By the way, we spent more money in Afghanistan "rebuilding" it than we did during the Marshall Plan, when adjusted for income.

The other one is to force Congress to vote to go to war. The United States right now is in violation of international law with the bombing of Syria. It's a sovereign nation. We have not been invited in there. So we want to force Congress to vote to go to war with a little caveat: We want to get on each state ballot a referendum where we the people will tell Congress how to vote, because we pay for the war with our money and our lives.

Can you imagine? Listen to these clowns. Listen to that doughboy, Christie, or little Marco Rubio, or Teddy Cruz, these little kids. You put all these guys and women in a paper bag and they couldn't fight their way out of it, and they're talking about how we've got to get tough with this one and that one? Who are these little clowns? I'm offended by it.

And guess what? Donald Trump's kid won't go to war. He didn't go to war. Hillary Clinton's little girl won't go to war. Obama's girls won't go to war. Marco Rubio's kids won't go to war. All these little people talk so tough while they send others to go do their fighting for them. They are traitors to this nation and disgusting individuals. OccupyPeace wants to change this, and this is just the beginning, and we need all the help we can get.

Anthony Wile: Well, we can certainly help by letting readers know. The website is at www.OccupyPeace.us. Thank you so much.

Gerald Celente: Thank you. Always good talking with you.

After Thoughts

There's a lot of meat in this interview but what stands out for us the most this time around is Gerald Celente's Occupy Peace program. His idea of a "program" is a good one because wars are usually not started by accident, contrary to what history tells us but are often the product of intense and laborious planning.

Gerald Celente's program is simple but powerful, and Ron Paul, we'd note, has suggested similar ideas: Close the bases overseas and bring the troops home, notably.

Celente does us a favor by pointing out the US has "spent more money in Afghanistan 'rebuilding' it than we did during the Marshall Plan, when adjusted for income." That's a stupendous sum for a nation facing a US$200 trillion shortfall over the next few decades.

He wants to "force Congress to vote to go to war." This is another issue Ron Paul has often mentioned. Congress does have the constitutional duty to declare war, but presidents often circumvent this necessity by sending in the troops and simultaneously declaring that the upcoming confrontation is no more than a skirmish or police action. By no means ought it to be called a "war" and so it isn't.

Would all this end war as we know it? Perhaps so. Will it happen? Probably not. As we often point out, nations and political systems evolve but they seldom if ever devolve back to what they once were. There are too many vested interests to go back. They will fight hard to retain their power and political privileges.

Celente's idea is a worthy one that people might well wish to support. On the other hand, it is critically important that people realize they ought to take steps personally to position themselves and their families for whatever the future may bring.

We call this lifestyle insurance and it has never been more important than today. What Gerald Celente is doing is admirable. Hopefully it works and many join him, to build a mass movement. In the meantime, as Voltaire was fond of pointing out, one needs to tend to one's own garden when it comes to capital preservation, second passports and second homes among other items.

Here at The Daily Bell we regularly provide information on these issues and others. Please visit us regularly as there are exciting announcements to come.

Posted in EXCLUSIVE INTERVIEW
  • Alan

    Great to see the interviews back. May I suggest Martin Armstrong would be a fascinating interview at this point in time with his many cycles on government, war and property for example at a significant turning point?

    What is admirable about Gerald Celente is that he backs up his words with actions. Helping to restore some old historical buildings, helping to establish a peace movement. All very admirable. And, as he says, no matter where you go in the world there are always some nutters who want to control you. America is still one of the better places to live in.

  • Impending Sky

    RE: End of the petroleum era

    Lockheed announced a fusion project earlier this year. It is hard to know if this can be taken seriously after so many years of fusion related announcements. I also wonder how widely disseminated a technology like this would become. Wouldn’t Lockheed prefer to reserve this technology for secret military vehicles? Does their timetable and optimism indicate that they have already used fusion technology in black projects? Perhaps it is all a psy-op?

    Seeing is believing, and until then I will only be able to speculate. There have been so many alternative energy hoaxes going back over the years. Then there are the conspiracy stories as well….

    http://www.lockheedmartin.com/us/products/compact-fusion.html

    • Kip P

      Gerald Celente is refreshingly direct and insightful, peeling back the propaganda, providing foundational facts, and touting the theme that we all need act to move the needle, even if in small and local ways. Grassroots counts. As for new technology, the real issue will be the powerful controlling it, not allowing development unless they largely alone profit from it.

      As for the spread of breakthrough technology, I have perspective both from personal experience (my dad invented a military device – Paradrogue – that enabled carrier aircraft refueling and had it stolen from him during development – and, because it was a key military item, he had to fight the US government 9 years to resolve it), and from observation (like the safe hydrogen on demand system for fixed electric power units, and for automobiles (using common boron as chemical agent) developed by a small Canadian company GM shut down, or the three dimensional parabolic solar cell producing 500 times more electricity than flat solar cells that an Oregon teenager invented 3 or 4 years ago and received a national science award for, $25,000). Where are these breakthroughs buried?

      There is one fundamental change I have not heard discussed anywhere. As a society, as a global society, we are going to have to figure out a new framework for each individual – for one’s self dignity and worth, and sustainable methods of exchange (currency) – to allocate goods and services where such framework may NOT solely be based on traditional work and employment. I bring this up from increasing commentary about how technology is replacing jobs faster than new jobs can be created, and from an old experience I had in 1970. As a US Navy submarine officer, I had a Philippine national as chief steward on board. I learned he was both a credentialed CPA and a reserve fighter pilot in the Philippine Air Force. Why was he working as a steward? Both because the US did not tax his pay which he could send home to the Philippines, and because in the Philippines there were only 2 jobs for every 5 educated persons there. Where are we headed with employment and entrepreneurship in the US and the rest of the world?

      • Impending Sky

        “…technology is replacing jobs faster than new jobs can be created…”

        My view on this is that the individuals who have been ‘replaced’ should take it upon themselves to innovate or fill a new niche. The sad truth of the matter is that the climate of monopoly money has robbed us all of the benefits of innovation. Products should be cheaper now than ever before.

        If we experienced a free market in the means of exchange it would follow that gains in efficiency would counter or eliminate price inflation. Therefore, any labor which was required of an individual would become more rewarding in terms of consumption.

        This issue is frequently misconstrued by the social-credit helicopterists. They observe that technology is increasing the efficiency of production and conclude that digits should be distributed to all under a central authority. This misses the core issue which has distorted the market in currency, namely centralized authority. Even worse, it empowers more of the same abuse while taking individuals farther away from realizing the benefits of technological innovation.

        Whatever else we might say about the issue, the most actionable remedy that ‘replaced’ individuals can achieve involves the use of technology. As markets change so must we. Critical thought and innovation will always be key. These distinctly human qualities will not be replaced by technology in our lifetime.

        The sky is not descending to crush us, but bringing new horizons within our reach.

        • Name

          I agree with much of what you say. The key issue as you and Celente indicate, however direct, is the reality obstacle of centralized power – both political and economic. To protect big banks and their families, the framework effect has been not only a lack of credit unless most of the resulting spoils go to the few, but lack of savings earnings for a vast majority of people – many approaching or in senior status. Such policy-guided funnel by the powerful sets up an easy construct of government dole and dependence – not conducive to society standing on its own feet. Though there may be bright some spots of innovation, it is insufficient to foster a free-market society with decentralization of power. For that, as Celente says, we need all generations pushing against complancy.
          Honest enforcement of existing fraud, anti-trust and anti-manipulation laws, plus a few new simple economic laws would go a long way to foster a positive economic environment. One new law comes to mind. Prohibit companies from issuing dividends, or from buying back company stock, with borrowed money – which limit both stops cheap money misallocation and bolsters sound equity/debt ratios. California corporate law has long restricted the payment of dividnds source to retained earnings. Another would be not letting a company benefit from the tax loss position of a company it acquires; the argument we should get the benefit because we are saving jobs is both absurd and unfounded. A third positive law would be to prohibit leveraged buyout firms using large ratios of debt to buy a company, then messing with accounting and IPOing the company, saying stock proceeds will go to repay company debt. End all that by a limit on debt repayment to unrelated, non-owners of the company to prevent fraud of such firms gaining free ownership of company at the expense of the public overpaying for stock. Try getting these kinds of laws through on a national basis. That is where the mass participation spectrum of active people is required.
          The only trouble is the elite know all that, so when the crisis comes that would shake most people from complacency, I think marshall law will be the government response – always more force and coercion, kept under wraps only so long as the elite get their way without it. So far, the elite have been successful by lobbying for laws in their favor, and when their ill actions even run afowl of existing laws, successful in having laws politically ignored.

    • Jim Johnson

      I am liking the Thunderbolts Project’s research. Seems we always hear of ‘breakthroughs’ are just about in when massive funding is being sought. Gov’t study finds further study is needed.

  • dave jr

    Gerald remained quite calm, cool and collected in this interview, although, still inspiring nonetheless.
    .
    I’d like to comment on this topic: “force Congress to vote to go to war.”
    .
    I’m not so sure this is the best use of time and energy. Congress for the most part is already corrupted, so there’s no reason to believe they will begin voting the will of the People now. Also there hasn’t been any repercussions or consequences for war crimes. Finally, when public image IS a concern, then simply another false flag event would be staged.
    .
    OccupyPeace may do well teaming up with organizations such as Oath Keepers. At any rate, everything that helps raise truthful awareness is going to help. It may be fanciful thinking that one day, when another bogus war is waged for the benefit of central banking and their international cronies… no one shows up. Still, working at clearing the fog might be the most effective option. Thank you Mr. Celente for your efforts and the DB too for this interview.

  • timamac

    I like and agree with much he said,but I didn’t care for his rah rah for progressives and his name calling some of the conservatives, but not Hillary, Sanders, or Obama. Plus, i would like to know if he’s an open borders guy.

    • False. He certainly did include Hillary and Obama among his list of “little clowns” that insult him. And which “conservatives” did he name call? There certainly aren’t any among that list… neoconservatives, for sure, but conservatives? Where?

      Re. the borders, you might want to look at his material at OccupyPeace.us and TrendsResearch.com to find more comments from him on the topic. In this interview, he said: “We have a program: Close the bases overseas, bring the troops home, secure the homeland…” In his last interview with The Daily Bell, last December, he said, “With Occupy Peace, we have a battle plan for peace because I would rather fight for peace than die for war. Our battle plan is no foreign entanglements, bring home the troops, seal the borders and rebuild America, rather than build nations and destroy nations.”

      • criticus

        It’s great to see the DB taking baby steps back toward its most laudable heritage of speaking truth to power. And thank you for responding to timamac’s juvenile comment. He sounds like my father, a Koren war veteran who failed to awaken as America was infiltrated and overtaken by the neocon revolution. These people are generally well meaning but simply incapable of understanding they have been fooled. Mark Twain had something prescient to say about that.

  • Rog Cook

    Great interview, I love the Daily Bell. But I worry about the US retreating worldwide. ISIS is in Europes back doors and millions of refugees are driven my way. With Celentes attitude of retreat, ISIS will never be defeated and Islamofascism could take over much of the ME and destroy Europe as a secular safe democracy.

    • dave jr

      “secular safe democracy”
      Yes, there is always a threat from a tiny minority of religious fascists who normally would have to fund their own aggressions. Then there is a tiny minority of economic fascists whom populations ignorantly fund and who through clandestine channels use the religious fascists to further their cause. Hence a war on terror. Extracting oneself from a cesspool isn’t necessarily a retreat, while continuing to support aggression for a purported shred of safety could be seen as a retreat from economic freedom, i.e. liberty. There are battles within the war. Sometimes battles are a set trap. Do we really believe they hate us for our democracy and freedom? Or do they hate us for enabling the economic fascists?

      • Praetor

        One mans dictator is another mans friend!!!

        • dave jr

          Great. We understand the self moralizing underpinning of authority to arrive at ‘dictator’. Now we have to define ‘friend’!

    • Apparently Russian bombing has distressed ISIS considerably.

      • dave jr

        What exists in Syria is a civil war, like all civil wars, one side protects the ‘authorities’ and the other protects personal liberty. Now, as before, Russia kills in defense of the state and the US kills in defense of the corporation. Who gets killed are the proponents of individual liberty. In the end, the State and Corporation will divvy the spoils, i.e fascism wins again.

    • Praetor

      ISIS is a CIA construct. Ron Paul, 130 countries with 900 military bases, and that is an underestimate, the actual numbers are unknown. The U.S. and its military capabilities doesn’t need military bases in other countries to protect or destroy any place on this planet, these bases in other countries are more for economic reasons than military strategy. When a guy sitting in Florida can bomb a guy in Sudan or anywhere else, who needs military bases in over 130 countries. Plus the U.S. has space based weapons, they see the world in all its glory. These bases cost 100’s of billions to operate if not a trillion plus, it is unknown!!!

    • MetaCynic

      ISIS is a radical Muslim, proxy army and movement created by the U.S., Saudi Arabia and Israel to do regime change in the Arab world without the direct involvement of these three principals. Lately, ISIS has become a bit uppity, gone berserk and must now be reigned in. Russia has volunteered to do the world a favor and is proceeding to destroy this Made in America Frankenstein monster.

      There would never have been this huge refugee surge inundating Europe if the West had not violently intervened to destroy the stable secular Arab regimes of Iraq and Libya and is now working hard to overthrow Assad’s secular regime in Syria. It is the American government’s righteous refusal to retreat from the world’s civil wars that is generating hatred for the West. Retreating back to our own borders will do more than anything else imaginable to pacify the hatred roiling the world.

      As an aside, Europe’s cradle-to-grave welfare state Ponzi scheme is unsustainable without a significant increase in the young, working age population necessary to work to pay the taxes to support the rapidly growing retiree and “disabled” populations. Europe’s central planners and puppet politicians must certainly be aware of this. Unfortunately, these latest refugees are coming over not to work but to themselves tap into Europe’s fabled cornucopia of free goodies, thus hastening the inevitable demise of the welfare state. The European left’s compulsion to intervene in the lives of foreigners along with their childish expectation to live at the expense of others will result not only in the impoverishment of Europe but also in the gradual eradication of its ancient culture at the hands of militantly unassimilable aliens.

  • Praetor

    Excellent. Mr. Celente is correct about the generations and coming together, first thing get rid of the box labels, you be baby boomers, you be gen-X-er’s or Y-Z er’s or whatever. When they put you in a ‘box’ and label you this or that, you become more easily manipulated, you are assimilated into the greater collective, and are more susceptible to mind control of the ministry of propaganda, because, now you be special, you be given a name, you are boomers, you are gen-X, when you name your baby, they become special. In fact it just takes away your individuality and now you identify with the collective and are just a cog in the machine created by TPTB and is enforced by the propaganda ministry. People should stop allowing themselves to be labeled and put in a box, we the people are born as individuals and want to live free and liberated from government intrusion and manipulation. The divide and concur strategy is everything, I ‘am an American, I ‘am Russian, I ‘am Chinese, I ‘am Muslim, I ‘am Christian, I ‘am a Boomer, I ‘am an X Y Z, divide, concur and control. Reality is we are all individuals living on a little ball floating in space, with a small group of ‘Nuts’, trying to destroy all the individuals living on this little ball, and it is up to the individuals to smash the small group of ‘Nuts’, their time has come and gone, they are in essence, failure. A new reality needs to be created, no war, no hate, no more division and no more boxes with labels. The change will come from the unseen hand of individual human action that want to be free of the collective!!!

    • dave jr

      I always wondered what delineated or defined the so called ‘generations’. Obviously the end of world war 2 kicked off the boomer generation. Has it been events or introductions to social indoctrination programs ever since? If so, who writes these ‘programs’? Think tanks? What authoritarian by money, wretched beings in hell are they?

      • Praetor

        Divide and concur collectivist. The so called boomers are just the reality of a bunch of horny toad GI’s coming back from the heck of war and death, to give life back to earth!!!

        • dave jr

          Surely the ‘horny toads’ didn’t label themselves as boomers. They just wanted to get on with life and make up for lost time. I sense the labels rain down from above. Collectivism is a method, not a conscious way of being. I sense the programming.

  • Bruce C.

    The most interesting subject mentioned here, to me, concerns energy. Evidently Celente believes in the promise of alternative energies but I’m not sure I do, unless there are some significant technological breakthroughs. The fact that the alternatives are being developed despite lower oil prices is testament to government subsidies primarily and “free market” incentives only secondarily. Without the subsidies there would not be so much development, and I won’t be surprised if they never pan out. “Alternative energy technology” may be the new “oil fracking” racket. None of the alternative energy technologies come close to the energy density/efficiency of even oil, let alone nuclear fission. There is absolutely no way that wind mills and solar panels, etc. are going to power the great cities of the world as they are today. I suppose it “makes sense” to hope and expect new technologies to improve enough to replace fossil fuels (and nuclear fission) but they have a very long way to go.

    The consequences may be far reaching, the obvious one being that societies may have to change radically compared to what has developed, for better or worse – I don’t know. Basically, things may have to get much simpler and more local, but if that becomes the obvious alternative then resource wars may be the preferred option, and I mean even by “the people,” so there may be a counter sentiment to expand the US empire even more to take resources instead of screwing around with “democratic nation building.”

    I’m not necessarily predicting anything here, just looking at the big picture. Another factor I consider is my understanding of “esoteric philosophy” in which it is claimed that man’s understanding and beliefs about energy and its source must change/expand before any new truly viable alternatives are discovered or implemented. Hopefully those transformations of ideas are occurring now, especially since the advent of increased communication via the internet.

    • JJ

      @disqus_zzKWZOeBzL:disqus Progress is a nonlinear process so necessarily unpredictable. It’s science fiction and then it’s not. Internet is a great example. I’m sure 200 years ago, in the days of wood fires, no one would have predicted the boom we have enjoyed from coal and later oil. The main issue is not technology or innovation but the stranglehold of vested interests that can delay or even stop progress or use legal apparatus just as patent trolling etc.

      • Bruce C.

        I generally agree. But even if I didn’t research will still continue. Truth is, beliefs can change spontaneously through desire and imagination and the very act of research and speculation and prediction can ignite that mental transformation, and yet that transformation may not be consciously recognized for what it is, especially if beliefs are not believed to be what forms physical reality.

        My understanding is, however, that mankind cannot continue along the current “official line” of consciousness without destroying or stopping itself in some way. That means just another form of “objective” energy will not be found to fuel this line of development.

        But maybe that’s all nonsense and all that’s required is enough research to discover new technologies, so that everything can continue on the same path, just involving more people.

  • ronb28135

    The photograph is not of a canary, but of a yellow parakeet.

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