Gerald Celente is known to love to make the following statement: “When people lose everything and have nothing left to lose – they lose it.” Sadly, Celente is exactly right about this. As the U.S. economy continues to collapse, Americans are going to becoming increasingly frustrated, and this frustration will inevitably boil over into rioting and violence. Could we be starting to see the start of this already? The number of Americans that have “gone wild” seems to be escalating. Years ago, losing a job was not that big of a deal. Now a job loss is enough to cause some Americans to snap and go over the edge. We are seeing restaurant brawls and open violence in the streets that would have been unthinkable 50 years ago. All over the nation people are losing it and are literally going crazy. The news stories and the videos posted below of “Americans gone wild” are very graphic and very shocking. There is a reason for this. These examples are meant to show you that the very fabric of our civilized society is falling apart. It won’t matter who ends up leading us politically if this is the kind of people we become.
Sadly, it appears that we are not the same kind of people that we used to be. Something has changed in America. Something is different. We have forgotten many of the things that made us great as a nation. We no longer live by the same principles. We no longer value the same truths.
There are examples of “Americans gone wild” all over the nation. The things you are about to read about below are not just isolated incidents. The truth is that I could have easily included dozens more examples.
As the economy continues to crumble this trend is going to get even worse. The following are just a few examples of how Americans have been freaking out and losing it recently….
*One elementary school teacher in the town of Monroe, Georgia was arrested recently for something very unusual. One day he made the decision to walk around the halls of his school completely naked. So why was he naked? Well, it turns out that he learned that he was going to be fired and so he snapped.
*As I have written about previously, McDonald’s recently held a “National Hiring Day” and about a million Americans showed up to apply for jobs at McDonald’s restaurants all around the nation. Well, in Cleveland a horrible fight broke out between some girls and it ended up with three people being run over by a car. Do not watch this video if you are sensitive to graphic violence….
*In Sioux City, Iowa a 41 year old man recently walked into the office where his boss worked and beat the living daylights out of him. The boss suffered four chipped teeth and needed surgery to repair his nose. Apparently the boss was planning to fire the man.
*At a McDonald’s restaurant in the Baltimore, Maryland area two young girls recently beat and kicked another young girl so brutally that she started having seizures. The following video is very graphic and has some very strong language….
*Recently, one gold thief was so desperate to get into a jewelry store that he rammed his truck backwards through a wall of the store at very high speed. The thief got away with a bunch of gold and jewelry and the owner is scared to death that he is going to come back and do it again.
*In the following video from a Denny’s restaurant, young women are actually throwing plates and furniture at each other….
*In Brooklyn, New York a security camera recently captured chilling footage of a cold-blooded execution right in the middle of the street. One resident has named that particular street “body-a-week avenue”.
*In Atlanta, two dozen teens violently assaulted two Delta flight attendants on a train recently for no apparent reason. The following is how a local Atlanta newspaper described the attacks….
Their “Clockwork Orange” style blitz was over soon after it began. The teens boarded the train, headed to Hartsfield-Jackson International Airport, at the Garnett station a little after midnight seemingly intent on instilling fear. They succeeded.
“There was blood everywhere, people were hollering and screaming,” a witness told Channel 2 Action News. “We were intimidated. People were terrified. People were trying to run. But there was nowhere to run.”
Sadly, there are hundreds more examples like these. There are so many restaurant brawl videos up on YouTube that it would take an entire weekend to watch them all.
You don’t think America has changed?
What does it say about America when the murder rate in Flint, Michigan is worse than the murder rate in Baghdad?
There are some areas of the country where people simply do not go out of their homes at night.
We refused to discipline our young people and demand the best out of them so now we are reaping a bitter harvest.
According to one recent report, approximately half of all the people that live in the city of Detroit are illiterate.
Can you imagine that?
Half of the people that live in a major American city can’t even read?
Can that possibly be true?
What does that say about the way that we are educating our children?
Sadly, due to harsh economic conditions up in Detroit, about half of the schools in the city are being closed down for good.
That certainly isn’t going to make anything better.
But this is where we are at as a nation.
We borrowed and borrowed and borrowed and we never thought that we were going to pay the price.
Now the “credit card bills” are coming due, and state and local governments from coast to coast are completely broke.
There are signs of economic decline all over the United States. More than 33 percent of our men do not have a job. Over 44 million of our fellow citizens are on food stamps. Our country is literally falling apart.
So is there any hope for our nation or are we going to see even more “random acts of violence” as frustration comes to a boiling point for tens of millions of Americans?
Dent, Faber, Celente, Maloney, Rogers – What Do They Say Is Coming In 2014?
–Harry Dent, author of The Great Depression Ahead: “Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between late 2017 and late 2019 or early 2020 at the latest.”
–Marc Faber, editor and publisher of the Gloom, Boom & Doom Report: “You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically.”
–Gerald Celente: “Any self-respecting adult that hears McConnell, Reid, Boehner, Ryan, one after another, and buys this baloney… they deserve what they get.
And as for the international scene… the whole thing is collapsing.
That’s our forecast.
We are saying that by the second quarter of 2014, we expect the bottom to fall out… or something to divert our attention as it falls out.”
–Mike Maloney, host of Hidden Secrets of Money: “I think the crash of 2008 was just a speed bump on the way to the main event… the consequences are gonna be horrific… the rest of the decade will bring us the greatest financial calamity in history.”
–Jim Rogers: “You saw what happened in 2008-2009, which was worse than the previous economic setback because the debt was so much higher. Well now the debt is staggeringly much higher, and so the next economic problem, whenever it happens and whatever causes it, is going to be worse than in the past, because we have these unbelievable levels of debt, and unbelievable levels of money printing all over the world. Be worried and get prepared. Now it [a collapse] may not happen until 2016 or something, I have no idea when it’s going to happen, but when it comes, be careful.”
–Lindsey Williams: “There is going to be a global currency reset.”
–CLSA’s Russell Napier: “We are on the eve of a deflationary shock which will likely reduce equity valuations from very high to very low levels.”
–Oaktree Capital’s Howard Marks: “Certainly risk tolerance has been increasing of late; high returns on risky assets have encouraged more of the same; and the markets are becoming more heated. The bottom line varies from sector to sector, but I have no doubt that markets are riskier than at any other time since the depths of the crisis in late 2008 (for credit) or early 2009 (for equities), and they are becoming more so.”
–Financial editor Jeff Berwick: “If they allow interest rates to rise, it will effectively make the U.S. government bankrupt and insolvent, and it would make the U.S. government collapse. . . . They are preparing for a major societal collapse. It is obvious and it will happen, and it will be very scary and very dangerous.”
–Michael Pento, founder of Pento Portfolio Strategies: “Disappointingly, it is much more probable that the government has brought us out of the Great Recession, only to set us up for the Greater Depression, which lies just on the other side of interest rate normalization.”
–Boston University Economics Professor Laurence Kotlikoff: “Eventually somebody recognizes this and starts dumping the bonds, and interest rates go up, and inflation takes off, and were off to the races.”
–Mexican Billionaire Hugo Salinas Price: “I think we are going to see a series of bankruptcies. I think the rise in interest rates is the fatal sign which is going to ignite a derivatives crisis. This is going to bring down the derivatives system (and the financial system).
There are (over) one quadrillion dollars of derivatives and most of them are related to interest rates. The spiking of interest rates in the United States may set that off. What is going to happen in the world is eventually we are going to come to a moment where there is going to be massive bankruptcies around the globe.”
–Robert Shiller, one of the winners of the 2013 Nobel prize for economics: “I’m not sounding the alarm yet. But in many countries the stock price levels are high, and in many real estate markets prices have risen sharply…that could end badly.”
–David Stockman, former Director of the Office of Management and Budget under President Ronald Reagan: “We have a massive bubble everywhere, from Japan, to China, Europe, to the UK. As a result of this, I think world financial markets are extremely dangerous, unstable, and subject to serious trouble and dislocation in the future.”
And certainly there are already signs that the U.S. economy is slowing down as we head into the final weeks of 2013. For example, on Thursday we learned that the number of initial claims for unemployment benefits increased by 68,000 last week to a disturbingly high total of 368,000. That was the largest increase that we have seen in more than a year.
In addition, as I wrote about the other day, rail traffic is way down right now. In fact, for the week ending November 30th, U.S. rail traffic was down 16.3 percent from the same week one year earlier. That is a very important indicator that economic activity is getting slower.
And we continue to get more evidence that the middle class is being steadily eroded and that poverty in America is rapidly growing. For example, a survey that was just released found that requests for food assistance and the level of homelessness have both risen significantly in major U.S. cities over the past year…
Unfortunately, if the economic experts quoted above are correct, this is just the beginning of our problems.
The next wave of the economic collapse is rapidly approaching, and things are going to get much worse than this.
So what do you think?
Which of the individuals quoted above do you think are right on the money and which ones do you think are way off base?
Please feel free to share what you think by posting a comment below…