I keep hearing that this guy has been dead right on many of his predictions. I hope he is not on this one.

He predicts that by 2012

The US will become an “undeveloped country“

US will face a political rebellion, food riots, a tax revolution and marches

The Christmas and other Holidays will be about food on the table not “presents"

http://www.youtube.com/watch?v=46MEqEgdLTg

on Gerald Celente: http://en.wikipedia.org/wiki/Gerald_Celente

As much as I dont want to believe on his predictions I think the signs are all there that we may be in the verge of economic collapse (though may not be to the extent that he predicts).