America 'the First Undeveloped Nation' by 2012
Trends Forecaster: America Will Be the First Undeveloped Nation by 2012, With Riots and Revolution
On Fox Business in November 2008, Gerald Celente forecast revolution, riots and 'the greatest depression'. By 2012 the US was still a developed nation.
What was claimed (paraphrase)
America will become the first undeveloped nation by 2012; there will be a revolution, riots, rebellions and marches. (Business Insider's summary of the segment.)
— Gerald Celente, founder of the Trends Research Institute (Fox Business) · said Nov 11, 2008 · due by 2012
2012 came and went with the US still a developed economy, and without a revolution.
The Story
Business Insider summarised the Fox Business 'Happy Hour' segment. He also called the coming downturn 'the greatest depression' (his quoted phrase in the same summary).
Receipts
- Fox Business First In Insane Declarations - Business Insider (November 2008)accessed 2026-09-29
- Gerald Celente - Wikipediaaccessed 2026-09-29
As of Oct 9, 2026
since it didn't happen
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