by Gerald Celente
Autumn 2012, the “Greatest Depression” has spread worldwide. Billions are unemployed, homeless and desperate. Countries bankrupt, trade pacts broken, tariffs rise, borders close.
Protectionist, nationalist and anti-globalization movements have moved out of the margins and into the mainstream. Immigrants brought in during boom times – blamed for bringing down wages, stealing jobs and rising crime – are being rounded up and 
deported.
Despite differences between the 1930’s Great Depression and today’s “Greatest Depression,” unsettling similarities conjure up memories of pre-World War II. From the United Kingdom to Russia, war drums eerily beat.
China, Vietnam, Indonesia, Singapore – all countries that ramped up production to meet insatiable business and consumer demands of the prior decade – fight for survival.
Japan, Taiwan and South Korea, long industrialized and export driven, blame China for their mounting trade imbalances, internal strife and Southeast Asian instability.
Mexico, once the US resort/retirement retreat, is as dangerous as the Congo, and its government – what’s left of it – is equally ruthless.
Across much of South America, depression, coups and wars prevail; few nations have been spared.
In Afghanistan, Iraq and Pakistan it’s the same news, different year, different body count: “Five US troops killed in Afghanistan.” “US drone attack kills 60 civilians in Pakistan.” “Car bomb blast kills 47 in Iraq.”
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