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 okgg.org > Forum Index > IRL > Celente's Prognostication


Do you believe it is likely or unlikely his forecast will come to pass?
Likely
12%
 12%  [ 1 ]
Unlikely
50%
 50%  [ 4 ]
Dunno
37%
 37%  [ 3 ]
Total Votes : 8

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ByPaSS
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Joined: 20 Mar 2003
Posts: 116
Location: OKC, OK
Celente's Prognostication  Reply with quote  


Link


His website:

http://www.trendsresearch.com/

Thoughts?

Post Thu Nov 13, 2008 4:31 pm  View user's profile Send private message Visit poster's website AIM Address ICQ Number
detox
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Joined: 20 Mar 2003
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I feel that he is wrong on this one, at least to the degree he is predicting. At least I hope...
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Post Thu Nov 13, 2008 4:48 pm  View user's profile Send private message Visit poster's website ICQ Number
ByPaSS
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Joined: 20 Mar 2003
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Location: OKC, OK
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Same, but it makes sense. Taxes must become more onerous, and government spending must be reigned in. Also, manufacturing needs to be brought back to the US. The US needs to be fiscally responsible, and quit squandering the wealth of our progeny. The people of this country have become way too materialistic with an affinity for avarice.

Post Thu Nov 13, 2008 5:42 pm  View user's profile Send private message Visit poster's website AIM Address ICQ Number
LightningCrash
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Joined: 03 Apr 2003
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More likely than not? No
Likely? Depends on your definition

ie If I live in an apartment building, there are 16 units accessible from my unit's foyer, and I hear somebody out in the middle of the foyer say "This is the one, let's kick the door in and do this", then I would feel that it is likely that my door is about to be kicked in, even if it's just a 1 in 16 chance.

I've said before that I give this about a 10% chance of zooming past the Great Depression, I still think that's a reasonable risk assessment today.

Post Thu Nov 13, 2008 8:02 pm  View user's profile Send private message
Shinare
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Post Fri Nov 14, 2008 11:01 am  View user's profile Send private message ICQ Number
LightningCrash
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Joined: 03 Apr 2003
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oh hey, look at that, the SPY is falling
and the Dow

Post Fri Nov 14, 2008 11:08 am  View user's profile Send private message
ByPaSS
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Post Fri Nov 14, 2008 10:43 pm  View user's profile Send private message Visit poster's website AIM Address ICQ Number
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