Saturday, 11 June 2011

In late May, Gerald Celente highlighted "the most trend-significant story" getting little or no coverage in Western media reports.

The combination of weather, economic, and geopolitical events portend

"far-reaching and disastrous" socioeconomic consequences.

"Farming, shipping, seafood, food supplies and petroleum refining will be among the foreseeable casualties, accompanied by massive population displacement.

But the ensuing chain reaction (inflation, shortages, unemployment, etc.) will claim many other victims," so far unquantifiable.

Middle East and European protests "signaled a major turning point, (an unstoppable) "Off With Their Heads" mega-trend, America's media don't notice or explain.

Celente calls the European bailouts failures, creating higher unemployment, more debt, draconian austerity, and "a wholesale sell-off of valuable public resources," asset-stripping national wealth to enrich bankers, producing painful consequences.

As a result, "(e)conomic conditions will continue to deteriorate for most European nations. The worse they get, the louder and more heated the protests...."

Repressive crackdowns will follow, producing greater protests this summer into 2012 and beyond as conditions worsen.

However, a potential wild card deserves watching - one or more terror strikes likely derailing angry protesters temporarily, uniting them behind national security issues, the way 9/11 worked.

More worrisome is a possible major false flag, even a nuclear one targeting a US and/or Western European city.

If so, all bets are off short term, but sooner or later unmet needs will take precedence, perhaps when hungry people blame Washington for their misery and react angrily for help. It bears watching and may happen sooner than expected.