Predictions are predictions. They are usually wrong and inaccurate. Why? Because no one knows the future exactly. Some can guess better than others,
But I stopped giving Celente much credence over a year ago, because many of his statements turned out to be way over-sensationalized and even
incorrect half the time.
He has been predicting the same stuff for years, and many these things never materialized like he said they would.
He was predicting a tax revolt that is long overdue. He predicted a full economic collapse, but the economy seems to be steaming along profiting like
there was no tomorrow.
On the other hand, Celente was right about some of his predictions. Like what happened with the downsizing at IBM, he was really on the mark.
But hey , I am right and wrong too when I predict things. My hit / miss rate is about the same as Celente's.
I agree that the economy will collapse eventually, but everyone has been expecting it sooner than we should have.
Another issue is Inflation vs Deflation.
Most popular economic theorists love the Inflation fears.
However, over the last few years, what I have seen is a deflationary cycle. Strangely enough. The value of the dollar has remained mostly stable
though, despite the fears and uncertainty surrounding it.
Sure it will collapse, but "When" is the magic word.
The point is, our market is manipulated and CONTROLLED by political and business tycoons.
Predicting the future is hard when someones controlling it!
They can make it do whatever they want it to do, and our predictions are flawed because we are assuming the market follows distinct rules and will
have logical results.
There is no logical results in our market anymore.
They create 10 trillion $ in securities and it didn't barely affect the value of the dollar on the street at all!
Where is the inflation? It's being hidden, for now.
That's the point, it's hidden. The markets fake, controlled.
I can't predict what you are going to do tomorrow, why? Because you could read my prediction and PURPOSEFULLY choose not to make it come true. You
could go outta your way to prevent it from happening.
That is why Celente is not always right. That's why I am not always right.
We are being manipulated by forces greater than we can imagine.