revolution, food shortages, higher education myth, and what to do?

The following few videos I recently came across are extremely disturbing. Gerald Celente, a legendary trend forecaster who has accurately predicted every major world event since the 1987 stock market crash and the fall of the Soviet Union and CEO of Trends Research Institute, is now warning Americans (and the world) to prepare for a broad economic collapse, potential bank holidays, ghost malls, civil unrest, food riots, and possible revolution by 2012. The only possible salvation is a new technological innovation as revolutionary as fire or the wheel.

On the other hand, 20/20 consumer journalist John Stossel reports that the overly sought-after financial advantages offered by college education are increasingly acknowledged to be myths as record number of graduates are trapped in debt and individuals with (often-looked-down-on) vocational degrees are becoming better off than folks with undergraduate, graduate, and even professional degrees.

The world is certainly transitioning into a new economic era and no one will be spared from the ensuing chaos. However, history shows that from chaos always comes order. Those that will perservere are the ones awakening to the storm lurking just beyond the horizon while the seas are still calm so that they may have ample time to set their sails toward a safe harbor.

Gerald Calente suggests that the only ways to escape the forthcoming chaos are:

• A new technological innovation as revolutionary as fire or the wheel.
• To have government cutback on spending and not squeezing money out from people (i.e. higher taxes).
• To spend no more than people can afford.
• To have college students not pursue degrees in business administration, art history, etc. but rather pursue a career that provides a return on investment such as those offered in vocational schools and community colleges.
• Health care field will always be a growth area in an aging population that's not so healthy.

1/17/2009: 20/20 ABC News: John Stossel Is College Worth It?

• 
• prev post
• 
• next post