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New Year's Day predictions for 2013

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    Research expert looks ahead

  • Duration 3:15
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I used correctly predicted everything from the collapse of the Soviet Union to the dot com meltdown even the last two recessions.

And now the founder of the trends research institute is here with his predictions that report 2013.

Gerald some ninety joins us live -- -- -- morning all right the first item is prediction.

Party time and this this is -- the fact what we're living through right now there's a lot of gloom and doom there.

-- and people the other one a bogey before the lights go out this part of this stuff yeah I mean it's it's.

There was no election down -- to the election things went to a dog and the physical cliff -- -- the tragedy in Newtown.

Be looking at the news this morning while war games is -- wonderful and in Iran yeah and then you look at all the millennial generation these kids are getting out of school.

With a mountain of debt no future in front of them.

And they are saying enough I want to have a good time.

And we -- drawing the parallels.

The crash of 1929.

The Great Depression currency wars trade wars world war.

You go back to that time it was a happy is hottest time in American music -- people who are swinging there in the mood.

We're going to see the same things start happening people knowing their bones that things aren't right.

And they want to have a good -- it up now where you can't and it is going to be changes in music in fashion in entertainment -- be getting back to -- -- hang on that's important Hank Hank and it'll be something -- would never comes back -- -- I was -- about the economy your prediction.

More of the same but worse.

The only thing that's keeping this economy going everybody knows it.

Cheap money interest rates fed -- -- -- general Walter I just portability printing money yeah I just -- -- building uptown Kingston colonial Kingston.

I got a mortgage.

3.2 5%.

And they covered closing courses locked -- for ten years it gives an elegant -- exactly and now by printing all of this money.

-- devaluing the currency.

And it's not only the United States to New Albany the prime minister Japan just came in back to Japan print more money.

European Union print more money.

So they just dumping money into the system it's not regenerating on its own power.

And that's why it's gonna go into summer 30 sorry Steve but I was just gonna say something we saw a lot of it after the election where people were interest and in.

-- state seceded from the union.

We -- was one of our top trends last year secession obsession this year it's a progression you're 250.

Secession movements going on around the world not only in the US and this is -- a bunch a right wing nuts these people it had a with the federal government.

Look what's going on now look at his physical -- drama.

You know the DC drama queens you know.

I mean -- could make this stuff up a new millennium education is it's got to be huge if -- Yeah -- a wide difference in young children the system we have now is industrial aged.

Mentality.

Kids are learning -- a whole different way to not only wired differently in terms with the technology.

Yeah -- a wired differently.

And the education system has not gotten into it yet to develop a new -- -- it's going to be a huge business sense and he is the founder of the -- institute research institute.

-- -- we thank you release of political -- with great insight thanks so much that you can right.

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