Â Gerald Celente appears on Fox Business June 26, 2009 to discuss the new energy bill, political parties, Obamageddon, future trends and SHTF. (Celente interview follows excerpts and comments below)
Gerald Celente: What’s happening under the Obama administration is unprecedented. With these rescue schemes, bailout plans, the takeover of major corporations, on and on and on. So yes, it has been going on a long time but is accelrating now at a level that makes our country, that used to be the empire of entrepreneurial opportunity, now just a country to save the too-big-to-fails.
It’s ending up bankrupting the country. The government is now in hock $546,000 per household. You’re never going to be able to pay it off in obligations.
We’re going to see food riots, tax protests, farmer rebellions, student revolts, squatter dig-ins, homeless uprising, tent cities, ghost malls, general strikes, boss nappings, kidnappings, mob rule and terror…
Basically, your typical SHTF scenario.
Shout out to Gerald Celente – we all feel much better now about the green shoots.