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'''Obamageddon''', a [[portmanteau]] of the words "Obama" and "[[Armageddon]]" is a name given by leading economic expert [[Gerald Celente]] to a predicted financial disaster in 2012, caused by the economic policies of the [[Obama]] administration. Celente, who successfully predicted the current recession, believes that the anti-business policies pursued by [[President Obama]] will cause a further financial collapse within four years of his taking office<ref>http://www.associatedcontent.com/article/1911656/obamageddon_forecast_for_2012.html</ref><ref>http://www.lewrockwell.com/celente/celente9.1.1.html</ref>.

'''Obamageddon''', a [[portmanteau]] of the words "Obama" and "[[Armageddon]]" is a name given by leading economic expert [[Gerald Celente]] to a predicted financial disaster in 2012, caused by the economic policies of the [[Obama]] administration. Celente, who successfully predicted the current recession, believes that the anti-business policies pursued by [[President Obama]] will cause a further financial collapse within four years of his taking office<ref>http://www.associatedcontent.com/article/1911656/obamageddon_forecast_for_2012.html</ref><ref>http://www.lewrockwell.com/celente/celente9.1.1.html</ref>.

The term is also used to describe the likely losses and failures that the [[Obama administration]] and congressional [[Democrats]] will face in the coming years due to public response to their socialist policies.

The term is also used to describe the likely losses and failures that the [[Obama administration]] and congressional [[Democrats]] will face in the coming years due to public response to their [[socialist]] policies.

==References==

==References==