Pending collapse

I recently watched this 4 part interview with Gerald Celente on King World News. Gerald Celente is a trends analyst, who is well respected for having predicted many incidents accurately (economic collapses, housing bubbles, terrorist panics, etc.) He publishes the Trends Research Journal, in which he analyzes many trends, for example, religious, economic, political, agricultural, scientific, social, pharmaceutical, etc.

In this interview, Celente discusses a range of topics such as the need for a resurgence of small business, equal opportunity, actual capitalism, as opposed to the current system of continually bailing out the "too big to fails," which therefore prevents capitalism from correcting itself and existing as it is truly supposed to. This is equivalent to the merging of state and corporate power, aka Fascism. Big corporations have legal advantages left and right and in the end, as we can see with the Freddie Mac and Fannie May example, they are not at all solvent but due to the fact that they have become SO big, the government and federal reserve sees their failure as a possible detriment to our economy and therefore gives trillions of tax payers dollars to them in attempts to "save the economy." This is not the capitalist ideology of allowing equal competition and collapse of failed businesses and advancement of success. It is so important to realize that this method is not at all going to "save the economy." Providing money to insolvent corporations is merely going to continue the faltering system and cause a more violent end in the future. There is going to be a collapse of America soon and the people at the top will try to do everything in their power to continue the system of profiteering. Celente equates those top business and Wall street men to "junkies," "money junkies." The unemployment rate is up to around 19-22% now, reaching pre-Great Depression numbers. America's class gap is now the widest of the industrialized nations. He gives more details about this and other issues, some of which take a bit of context, but a lot of it is readily digestible and worth considering.

1) http://www.youtube.com/watch?v=oNiAAiSMu9Y
2) http://www.youtube.com/watch?v=_mwFwEkYZVs
3) http://www.youtube.com/watch?v=AEtqPBEpt5M
4) http://www.youtube.com/watch?v=cS6UApZHsW8