After reading the newly-released SummerTrends Journal, no responsible journalist will be able, in good conscience, to paint Gerald Celente again as a purveyor of Pessimism Porn, a gloom and doomer, or an alarmist.
Celente will continue to make clear that Happy Days will not soon be here again. He will continue to explain that, budget deal notwithstanding, no future Fed quick fixes or DC schemes can reverse the Greatest Depression-bound economy. No bipartisan miracle will eliminate the budget or trade deficit, restore the dollar to its former glory, or bring back jobs lost to China, India, Mexico, etc.
Europes financial crisis is equally critical. And the EU, IMF and ECB rescue policies will prove as ineffective as Americas. Those warnings are not alarmism or pessimism they are just a matter of drawing logical conclusions from hard facts and incontrovertible data.
Nevertheless, even with a major economic collapse ahead of us, Celente is convinced there is a basis for expecting positive global outcomes in the long-term. The potential Game Changer lies in a widespread recognition that the Industrial Revolution mindset and policies will not, and cannot, work in a 21st century world.
Its not just Model T economics thats outmoded, so are our approaches to education, healthcare, politics and, yes, the military, says Celente. The old adage Generals fight the last war is as valid as ever. While the technology may have changed, the mindset hasnt. The conviction that brute force can prevail in an occupied country defended by guerilla combatants has proven a multi-trillion dollar, decade-long failure. Yet even as old wars drag on with no victory in sight, new wars are started such as Operation Odyssey Dawn launched against Libya five months ago, a kinetic military action that was supposed to end in days, not weeks.u201D
Celente Solution: Direct Democracy
The government/political system in place in America, and throughout much of the world, is obsolete and irreparable. The inept generals masterminding lost-cause wars are mirrored by warring senators and representatives in Congress. Anyone who watched weeks of the Washington Wrestling Federations (WWF) Reality Show, Beltway Battle Over the Budget, and still trusts the judgment of politicians, is either delusional or ideologically trapped, says Celente.
Yet, it is an undeniable fact that 535 elected members of Congress, despite their incompetence, pass laws that control the lives of over 300,000,000 citizens. The problem isnt just in the numbers, says Celente, its that the Gang of 535? represents lobbyists and campaign contributors, not the constituents they claim to represent. Representative Democracy is a cruel sham; its neither representative nor democratic, and people are getting wise to it. Polls show that only 17 percent of likely US voters say the country is heading in the right direction, while 46 percent believe most members of Congress are corrupt.
In those beliefs rest the possibility for change, real change, not Obama-change. As Victor Hugo put it, There is one thing stronger than all the armies in the world, and that is an idea whose time has come. I believe that idea is Direct Democracy, and I believe that the time has come for the entire world to wrest power from the hands of ruling political mobs and put it into the hands of the public. Let the people vote!
Can Direct Democracy really work? It does in Switzerland! But is it a viable, realistic substitute for the many representative democracies, which, in practice, are not democratic at all? Or would it lead to mob rule? Can Direct Democracy really be u201CThe Global Game Changeru201D?
Gerald Celente is founder and director of The Trends Research Institute, author of Trends 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.