Here's a comment to a blog post at: http://globaleconomicanalysis.blogspot.com/2010/03/gerald-celente-predicts-crash-of-2010_22.html Full Decent says: I've considered this extensively, Here's a perspective: I know homeless people with cell phones and college kids who will forego food to make a car payment. To me, this reaffirms what I learned in marketing class: if you want to sell something, don't make people want it; make people need it. Please consider another definition of employment: farming. Farming provides food, and aside from a few leaves to cover the body and a cave to keep warm, that's all you require to survive and reproduce. A few hundred years past, "unemployment" was low, most able-bodied people worked in agriculture. Now, in America, "unemployment" well over 99% (http://www.epa.gov/oecaagct/ag101/demographics.html). Are people today free from banks and power of the rich? I would say yes: due to automation, a person in Am...