Gerald Celente joins Yahoo’s Tech Ticker to discuss the Greatest Depression and according to Celente, it is happening now.
Eventually, those people who lost their homes, their jobs and their liberty are going to lose it:
Look what happened in Atlanta a week ago. Section 8 housing. What were there 445 openings? Thirty thousand people showed up.
You’re going to see more of it.
[Regarding Greece riots]
You’re going to see it all over the world.
You know, what they call austerity programs. What are they doing? They’re bailing out the banks and they’re making the people pay for it. And, the people don’t like that.
You’re going to see it [riots] world wide.
One of the good businesses to get in – entrepreneurial businesses – may be guillotines because there’s a real off-with-their heads fever going on. People are really fed up.
You’re seeing people lose it. You’re going to see more and more of that. It’s going to be first in Europe, then in Eastern Europe and then you’re going to start seeing it in the USA.
It’s going to happen.
The last place you want to be when the shit starts hitting the fan in your metropolitan area is in the middle of a riot. We can expect to see them materialize in front of major banks, government buildings and even food banks. Just look at what happened in Atlanta, as Celente pointed out, when there were 445 available Section 8 housing spots and thousands of applicants. That was more or less a peaceful demonstration, as our social safety nets remain in place for the most part – for now. Fast forward a couple years when our governments (local, state and federal) are completely broke and unable to provide the most basic of services. People will not be as controlled as they are now.
Gerald Celente on the Greatest Depression: