EU Collapse

Gerald Celente has made his predictions for trends in 2012, and they are grim. And the grimmest of his grim prognostications centers on Europe.

Now, it is true that forecasting is a chancy business. You can be right about WHAT would happen and completely wrong on WHEN it would happen. Gerald famously said that everything would unravel in October, but it didn’t. Well, the reason why it didn’t was due to huge intervention by Germany, France and the US.

The question is whether we will see a round of massive interventions that will again try to prove Gerald wrong. I believe they’ll try. We’ll see if they succeed.

Michael at The Economic Collapse Blog quoted Gerald in the article Tebow Time, and that got me interested in digging deeper. Here’s an excerpt of an interesting article from Beacon Equity highlighting Gerald Celente’s most recent comments:


Gerald Celente: EU Collapses in 90 Days, Bank Holiday and War

Posted by on Jan 04, 2012

Twenty-two months of hysteria of an impending European financial collapse, starting with Greece in March of 2010, will finally come to an end in 2012, according to the founder of Trends Research Institute, Gerald Celente. Sign-up for my 100% FREE Alerts

Hysteria of the horrid possibility of a European meltdown and the dire implications for the world economy a collapse implies will end, as the event finally turns into unequivocal reality by April 1, with accusations of ‘fear mongering’ by a significant portion of the mob quickly dropped in favor of the next predictable reaction to the crisis: outrage against those who allowed the collapse.

“I would say, since I’ve been doing this work, over 30 years ago, I’ve never been more concerned than I am right now,” Celente told ABC, Australia.

In Celente’s latest forecast, titled, The First Great War of the 21st Century—Prepare, Survive, Prevail, he paints a bleak picture for 2012, predicting a worsening of class warfare that already wages within more than a dozen countries, from Tunisia, Egypt, Yemen, Syria, Bahrain and Qatar to the UK, Greece and Italy, which will eventually spread to eastern Europe/central Asia and more intensely in the United States.

Read the rest of the article here.

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