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Tuesday, February 16, 2010

Gerald Celente, Head of the Trends Research Institute - 2/10/2010

Gerald Celente is the head of the Trends Research Institute and puts out a newsletter called The Trends Journal.









Perspectives from listening to these interviews:
1) Ross Perot Quote - Now the average citizen can't relate to a billion or a trillion. A million dollars in thousand-dollar bills is a stack of $1000 bills, four inches high. A billion dollars in $1,000 bills is 300 feet high. A trillion dollars in $1,000 bills extends from the top of [this] table to 63 miles out in space.

*** So $1 trillion worth of $1oo bills would stretch 630 miles from Hickory south to West Palm Beach, Florida or North to Albany, New York.

2) Greece's Budget Deficit is 13% of GDP. The United States Budget Deficit is 11% of GDP.

3) The Internet revolution pulled us out of the 1990s recession. The problem is that we exported our productive capacity through globalization, because labor forces were equalized. Jobs were shipped to better educated workforces who were willing to work cheaper. Had the U.S. kept up its educational standards, we would not have lost the jobs. This is not a fait accompli. We can rebuild our economy if we improve our educational system through innovation.

4) Current Events form Future Trends. They (the G20) are pulling in the stimulus. January was a bad month for the economy. This time when the economy crashes, they are going to devalue the currency.

5) The stock market is a rigged game. Invest your money in yourself. Investing in Gold isn't about speculation. It is about investing in your future. The best financial newspaper is The Financial Times.

6) China is about to overtake Japan as the world's second largest economy. Gerald says that he doesn't support a (China) Totalitarian government. If you buy Chinese items, then you are supporting Totalitarianism.

7) Newspapers are failing because they have become junk that shill for Democrats and Republicans. Gerald says that the Trends Newsletter is looking to become a magazine with no advertising. Art will take the place of advertising. Gerald wants to instill a spirit of a new American Renaissance. He says that the best days of America can come about again.

Be Prepared!!!

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