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Tuesday, November 11, 2008

Gerald Celente on Fox Business: ' Worse than the Great Depression'

http://www.foxbusiness.com/video/index.html?playerId=videolandingpage&streamingFormat=FLASH&referralObject=3182943&referralPlaylistId=undefined


(I tried to embed the video but didn't work!)

Great video. Gerald Celente has been very accurate with his economic predictions.

Today, he is predicting that this will be worse than the Great Depression, that we will have food shortages and riots and that people will stop giving gifts at Christmas (and on a good note, perhaps return to the true meaning of Christmas).

He provides some solutions at the end of the interview. Do not spend more than you have to. Do not waste money sending your kids (or sending yourself) to a university to get a non-specific degree- go to school, community college if necessary, to get a skill that will be in demand (such as health care).

I would add that if he is correct about food shortages, would it not be smart to put away some canned food somewhere?

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