(AXcess News) New York – Within Celente’s “The Trend Journal” newsletter is his predictions for the future, coined as a “Trendpost”, in which he writes: “Jobless, broke and nowhere to go, “Self Storage” will soon live up to the meaning of its name. Down and out, thrown onto the streets … homeless Americans will empty out storage lockers of useless junk … to store themselves. When Panic strikes, it will only be a matter of time and a question of survival before they move in. Whether on their own or with family in tow, living in concrete and steel 4x8s will be a step up from sleeping in the streets or risking a night at a homeless shelter.”
Celente predicts the “security industry will flourish”, but he never mentions the fact that if he’s right about everyone living in storage lockers, so will the self-storage industry.
Celente’s 12-page report moves back and forth, pointing at things that happened this year and slipping in a few “we told you so” comments in referencing prior Trends Journals, which we’re sure is as vague as his “Winter Issue-2008” in giving predictions. This latest Journal is sure to get Celente some air time on CNN and other news networks who are lured by drama in the name of 30-second commercial spots.
So this is the “Trend Guru” who is asked to speak globally,etc,etc…maybe that IS why we are in this mess. He sounds like a sensationalist – like Cramer.
I think I would pay more attention to what someone like Warren Buffett would say about what’s ahead for the economy.
If Warren Buffett had a school of business…I’d like to enroll…http://www.newswise.com/articles/view/535301/
