Gerald Celente, founder of Trends Research, warns that the government is increasingly under the control of the military. He predicts that starting as early as first quarter of A.D. 2012, we will see “economic martial law” in this country.
Note that Mr. Celente predicts “economic martial law” rather than “martial law”. Perhaps he agrees with my contention that the US military doesn’t have enough assets to deploy tanks and military personnel across the US. Therefore, while we may see a more overt police state over the next several years, we won’t see US military one or streets except in isolated instances.
However, although Mr. Celente does not appear to anticipate an open application of true “martial law” in this country, he does predict “economic martial law”. He doesn’t define that term in this video, nor does he clearly describe what that term might mean. I can only imagine that “economic martial law” might mean increased control over bank accounts, ATMs, credit cards, debt cards, and in general, restricted access to currency or credit.
I question whether the term “economic martial law” is helpful. ”Martial law” specific meaning that implies very dangerous circumstances. To take the emotional import of “martial law” and attach it to “economic(s)” strikes me as unreasonable. ”Economics” can be annoying or troubling and may even ultimately precipitate “martial law”. But, no matter how bad something “economic” may be, that term still signifies a system of relationships that are still fundamentally “civil” and “consensual” in nature. ”Martial law” implicates a system governed by overt force without regard for civility or consent.
I won’t say that the concepts of “economic(s)” and “martial law” are so different that they don’t at least partially overlap. But I think that overlap is relatively small. A system can be operated predominately under principles of an “economy” or it can operate under “martial law”–but the idea of “economic martial law” strikes me as disturbing, exaggerated, and self-contradictory. How can you attach the force of “martial law” to the consensual nature of “economics”?
I get the feeling that since he lost “six figures” in his precious metals investment to MF Global, Mr. Celente has become prone to emotional exaggeration in his public statements. I don’t doubt that the substance of his trend predictions is still generally accurate. But I suspect that the style of his presentation of those predictions has has become more radical, more hyperbolic.
It’s important not to confuse style and substance–especially when that style includes a lot of hype. Sometimes a hyperbolic style is needed to convey the importance of the substance being presented. Sometimes not. If you listen to the Celente interview, look for the substance and then try to discern if the style is necessary or exaggerated.