Financial Markets Panic, Euro Riots Rage, While US Obsesses Over
by Gerald Celente: War
With Iran Would Mark Beginning of WW3
World stocks register double digit losses as worries grow that Greece
may exit the single currency union. The escalating eurozone debt
crisis and deepening economic slowdown in China are crashing commodity
prices. After promising it would not bail out anymore banks, depression
ravaged Spain is bailing out Bankia, its fourth largest lender.
Day after day, week after week, massive citizen protests erupt in
depression/recession ravaged cities across Europe.
On the geopolitical
front, America expands its military involvement and drone strikes
in Yemen. The civil war in Syria rages as rebels terrorize
Damascus, killing scores and wounding hundreds. Rhetoric between
China and the Philippines heats up over the tense territorial standoff
in the South China Sea. Afghan troops kill more US/NATO troops.
War in the Sudan, Iran/Israel nuclear standoff, more bombs blasting
Bahrain, Egypt, Tunisia, all in turmoil.
On the economic
front, we have forecast each and every one of these trends: The
Greek bailout would not work, the eurozone would splinter, banks
would get more bailouts, austerity measures would inflame the masses,
class warfare would escalate and China would falter.
back in Dumbfukistan
and the devastating effect it would have on lives and livelihoods,
geopolitical unrest, raging wars and wars in the making were put
on the back burner as Barack Obama made history as the
first President to support gay marriage.
the headlines and the breaking news was his history-making declaration:
I think same-sex couples should be able to get married.
Day after day, hour after hour, the US press reported the story
with the level of gravitas associated with sending a man to the
moon, the fall of the Berlin Wall
and the death of Michael
the cover of Newsweek, under a glowing rainbow halo, was
President Obama and the bold headline, The First Gay President.
In editorials, on radio talk shows, cable TV, and in all the news
that was fit to print, experts, strategists,
pundits and media personalities waxed on, and on, debating why he
did it, what it would mean, and how it would impact the November
There was Obama
making the TV circuit, chatting up gay marriage with the women on
The View. There he was, the President of the United
States of America, the world Superpower, revealing how his decision
had been, in part, shaped by his 14- and 11-year-old daughters,
who went to school with children who had gay parents. Who cared
what Obamas kids thought, or what the cast of politicians,
preachers and celebrities endlessly interviewed by the
media thought? (Click
here for a typically stupid celebrity interview.)
It was just
another inane episode on The Presidential Reality Show:
the issue of gay marriage had become a major national issue, in
fact, it was the issue!
And yet it worked! Each moment spent on gay marriage deflected the
nations attention from everything that was consequential:
US soldiers sacrificing life and limbs in futile ongoing wars while
new futile wars were in the making; tens of millions of homes foreclosed,
millions jobless and homeless; the nation in debt, consumers in
debt and college grads drowning in debt
as the global economy
comes under renewed attack. These are the real issues.
will shape and determine the future not gay marriage, abortion,
contraception nor the personhood of sperm and they are identified
and analyzed in the Trends
© 2011 Gerald Celente
is founder and director of The Trends Research Institute, author
2000 and Trend
Tracking (Warner Books), and publisher of The
Trends Journal. He has been forecasting trends since 1980,
and recently called The Collapse of ’09.
Best of Gerald Celente