Gerald Celente has been known for his extreme depictions of the economy. Even though he is overly extreme, he has been right in the past and who is to say he isn’t this time?
Panic has already hit European countries. On April 4 in Rome, 200,000 workers rioted over the financial crisis. Over the last month in France, hundreds of angry workers took managers hostage at three different companies (Caterpillar, 3M and Sony) to protest mass layoffs and wiring concessions out of employers. The British have also seen riots as well. As reported by “The Guardian”, British police are expecting a “summer of rage”,which may soon engulf the country.
Can anything like this hit America?
Back in November 2007, Celente warned the media of “The Panic of 2008″. Proven correct, he predicts an even worse outcome for 2009 possibly up til 2012. Celente predicts food riots, squatter rebellions, tax revolts and job marches by 2012. “America’s going to go through a transition the likes of which no one is prepared for,” he said.
Is this country ready for such a hazard?
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