BustedEconomic

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).

As of Oct 9, 2026

13 yearsy, 9 monthsm, 8 daysd

since it didn't happen

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