INTERVIEW Commercial Real Estate Bank Crisis Avalanche - podcast episode cover

INTERVIEW Commercial Real Estate Bank Crisis Avalanche

Feb 09, 202457 min
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In every developed nation all the leaders marched in lock step and locked down the population, starting a global financial avalanche Gerald Celente, TrendsJournal.com explains the trend in bank failures that's about to hit hard

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Transcript

All right, Joining us now is Jerald Slenty and you can bind Jerald Clinty's work at Trendsjournal dot com. An excellent journal that's online and of course it's an online magazine format and if you want to subscribe to that's about hundreds of pages each week on a variety of topics. Gerald is always ahead of the curve when it comes to trends, and we're going to talk about a trend that he's been talking about for many years that is really coming to a head

now. But if you want to subscribe to that, you can use a code night to save ten percent on Trends Journal at Trendsjournal dot com. So joining us now is Jerald Clenty. Thank you for coming on, Jerald, Oh, thank you for having me. And by the way, when they're saving ten percent, is going to quest them the grand total of about two dollars and fifty cents a week. Wow to get to Trends Journal. Wow. That is amazing. It's a tremendous amount of information. And of course

Gerald has always been ahead of the curve. And we were just talking offline while the music was playing. We're getting you set up and we're talking about the fact that you've been saying a commercial real estate bust is coming. As soon as they did the lockdown, you called it, and you called the effect. And now we're starting to see it, aren't we. Yeah. Well, one of the top trends for twenty twenty four is banks go bust. Yeah, and you've seen this bank Corp going going down, but it's

one after another. You're looking at small and medium sized banks. Their stocks are down forty to fifty percent from their hives and it's only going to get worse. And it's totally out of the media in the sense of what caused it and what's next. So when they locked down, people get back at your house. Oh. By the way, I want to tracking trends is an understanding of where we are and how we got here to see where we're

going. So let's go back to the beginning of the COVID war. It breaks out in China on Chinese Lunar New Year January twenty twenty, the Year of the rat People Again. I used to be on Hong Kong TV. There were protests going on in Hong Kong of over a million people out of seven point five million in the city. Protesting week after week after week about Chinese taking over and destroying their culture and their freedom. And I'm taking and

I'm doing new shows like twenty Minutes to God. We take a break, and I said, Frank, so what's going on, mister slenty. We're not going to stop this. We're not going to let them take over. Guess what? OVID war breaks out. Everybody at back in your house is not allowed to go out. But there were protests going on all over the world about different things. One of our top trends of twenty twenty twenty twenty that we put him out earlier, like on January third, was New World

disorder. The French yellow vests week after week after week, protesting lack of basic living standards, government corruption, crime, violence, Algeria, India, Chile, Bolivia, all over the world. Protests are going on South Africa. COVID breaks out. Get back of your house, you're not allowed to go out. Yeah again, tracking trends, Remember this has to do with

the banking bust. You have to make the connections. The first piece of scum that locked down after China was the sky Kanti, the clown playing the Prime Minister of Italy. The average age of the people dying in Italy. We're eighty one years old with pre existing comores. The second, the third arrogant little boy. My daddy work for the Getty Gang. Here's a lawyer

and I'm a lousy little freak. Gavin Newsom locksdown California and the first people to tell you to can't go to work before the lockdown was that little freaky Dorsey guy from Twitter. He was going to Africa in February of twenty twenty, South Africa canceled the trip and told everybody you got to go home. So after Twitter does it, Facebook does it? Google does it? All

the texts did it first? One after another? Okay? And then Trump does the releases the money on Friday the thirteenth that you've talked about so many times. Yeah, Black Friday, I'm being racist. How could I say that? Right? Black Friday? It call it bribery Friday, because you know he's giving everybody money. Declaring the emergency is like, you know,

declaring emergency, releasing the money for a major storm coming through YEP. And then there's that weekend you had Gavin Newsom, and I think didn't Cuomo do it that weekend as well? Or promo right after him, Cuomo fil another arrogant little boy. Arragant little boys anyway. Yeah, and you know, people hate me because I don't like Trump. I believed in Trump when he ran, but then I saw the reverses he did. Yeah, you know, and again he gave us the emergency lockdown on Friday, March thirteenth,

twenty twenty. He gave us the operation warp speed Jabe. He gave us Fauci President Fauci. Yeah. And then he went on. He brought in pieces of low life scum of the lowest stare to. How about that guy Bolton, huh yeah, yeah, a little freaky warmongering guy. How about mad Dog Mattis for the Secretary of Defense. Oh, mad dog madis a murdering sob mad dog. I'll kill anybody anywhere. Yeah. Oh, and Trump that tried to overthrow the Venezuelan government on the Bolton. Yeah, and

brought in that guy Guido and declared he's the real president. Oh that Trump, Oh, the Trump that kills Solomoni, the Iranian. Oh no, the Trump that got one hundred million dollars from Sheldon Adelson and then a pharmacy closed down the United States Embassy in Tel Aviv and moved it to Jerusalem. Yeah, got a big pharmaceutical donation, puts Alex Zar head of HHS, and of course he did his executive order or non executive or he did his

declaration of an emergency back at the end of January. You know, the former CEO be like Lily brought in the former CEO of Goldman Sacks. They paid him two hundred and fifty million or something like that in an early golden parachute so that he could leave Goldman Sacks and go in to the Trump administration. You know, from the very get go, even looking at the creeps

that he was surrounding himself with. We all know that that personnel or policy in an administration, and it was like, oh no, this is going to be bad, and it was. It was so anyway, going back to so putting it all together, right, Yeah, so now remember they're

telling people who work from home. So now people are working from home day after day, week after week, month after month, and now they're getting up rather than five in the morning, they're getting up maybe seven or eight, and they're saying to himself, Holy Chris, I've been going commuting an hour and a half each way. Yeah, my life sitting behind a wheel of a car or a train or whatever, a bus. I'm not out of my mind. I'm not going to do this anymore. Yeah. Now

I'm the guy that's the boss. Right. Let's say I got ten ten stories in an office building, and I got everybody sitting in cubicles. I don't see them. Yeah, stay home a couple of days a week. I don't need all this space. I'm gonna save myself a lot of money. All right. Your office occupancy rate, according to Castle with a KA Castle Systems four years later, is that fifty three percent? Your office vacancy rate? Nobody there empty? Totally empty buildings twenty percent? Wow? Okay,

I'm the guy that owns the buildings. How am I going to pay my loan? Oh and it's a revolving loan. Oh and these loans are based on interest payments. Oh and the interest rates were way high. Yeah, banks are going to go bust. The worst we've seen, way worse than of what happened in the Panic of eight with the Lehman Brothers. Way way worse than the crash of nineteen twenty nine. Wow, we are on the verge of economic annihilation because you have to put in now the banks.

It's the small and medium sized banks that have most of these. And by the way, if people want to get real good information that I go to it's called Wall Street on Parade, Russ and Pam Martin's. They have great, great data on the banking system, better than most anybody I've seen. And this last article they listed a whole bunch of banks and how bad shape they are and how bad their stocks are doing. But yet the equity market,

the stock markets are going up. Yeah, that's right. Let me ask you this about it, because it is everybody that's talked about it, and there's not that many people that have talked about it. But there are now some media, mainstream media that occasionally do an article about commercial real estate

and the danger there. They talk about small and medium sized banks. I'm of the impression that, you know, after the two thousand and seven, two thousand and eight crash with residential real estate, you've got Elizabeth Warren comes in and she creates the Consumer Financial Protection Boarder. If I got the order that right, and the idea is that we're going to keep this from happening again, and so we're going to tighten the rules for loans and they're going

to have to go through a lot of paperwork. We're going to make it very difficult for them to do loans. And a lot of these small and medium sized banks said, well, we can't keep up with that paperwork. So that kind of migrated over to the very large banks. There wasn't this kind of stringent paperwork requirements for the commercial real estate. Is that how these

banks got trapped into that? Is that because of this kind of regulation is put on there by Liz Warner. Not really, I does don't see ALLYS doing that. Do you go to who you get you get it easier from? Basically that's SITS. So here's this sim Wall Street and non parade. You're ready. The S and P closed at a record five thousand yesterday while the banks while banks is focusing public's attention on bah Okay. US Bank, or parent of US Bank, the fifth largest bank in the US, has

lost thirty percent of its market value in the past two years. Key Bank, twenty second largest, lost fifty percent of its value. Co America thirty second largest bank with four hundred and fifteen branches, lost fifty percent it keeps going on. Small regional banks have experienced even more dramatic share price pain. First Foundation Inc. Lost seventy percent wow of its market share market value. So it's one after another. So then you get a story from the cartoon

news network CNN. Wall Street is worried about another regional banking crisis. Worried a little article of nothing here, what's happening? After decades of growth, boasted by low interest rate an easy credit, commercial real estate has hit a wall? Is that nice? Little stupid language? I mean, what are you talking about? Yeah, nothing new about talking about the crisis that has been created. Yeah that again. Now you've got a New York City foot

traffic is down thirty three percent. Hardly anybody's going to work again. You look at Castle system on Fridays. Friday used to be parties on that. The hour is here no more. Now. All the businesses that depended on commuters going out of business. I'm hearing from people owning restaurants in New York City how bad businesses become. There was that fake boom last year after things started loosening up with the COVID war. It's over now again. You look

at the data generation z it's all your trends journal. They're going to bed early. They're not going out in play. We're going to rock and roll all night. No more dead streets, It dead people of the damage it's done. A gallup pole just came out yesterday. Ready. Yeah, less than half of Americans are very satisfied with their own lives. This is the forty six percent reading came with the country was This is the last time of

forty six percent reading. This is forty seven percent came in two thousand and seven, in two thousand and nine, when the country was deep in recession. So they're saying everything is going so great now they're no, it's not.

The average person is suffering. Again the data, one percent out of eight billion people owned forty three percent of all the global financial assets, one percent in the USSA, one percent owned fifty four percent of the stocks the equity markets, and when you put the ten percent in, it's ninety percent. Wow. So US plantation workers of Slavelandia own none of this. So what they're going to keep doing because the Big zone everything, They're going to

keep trying to artificially prop up the equity markets. But when the banks start crashing. Nothing they could do to stop it. And again you get the magazine each week. Again it's not what we like, what we want, what we wish for, but what we see. We've been writing week after week that bitcoin's going to remain strong. Even when it went down. We gave the breakdown points to the top when it was going to break out again, hit it right on the numbers, and now you're looking at it almost

going back to fifty thousand dollars a coin. The people in what's happening is that people in like in Argentina, all these countries that are suffering terribly, they're watching the value of their currency and being destroyed. So they're buying this stuff because they're trying to protect what they have. You're looking at the data in China last year was almost a record. It was a record year of people buying gold because they know how bad the economies going over there. Oh

yeah, oh yeah. So now going back to the commercial real estate bust, this is going to be the worst that's imaginable. And again it's all caused by the COVID War. The damage that has done is incalculable physically, spiritually, emotionally, financially, little kids are all screwed up, freaked out of their minds, dumped down to nothing. Yes, oh I agree, And that's why you know that CNN article that you talked about. You notice the way that they couch that. It's like, yeah, these banks are

having a hard time, but you know they headed on easy Street. They had all this time of low interest rates and everything, and now they're going to have a little bit of suffering. But you know, hey, that's they deserve that. No, it was something that was done by both, you know, the Trump administration then by the Biden administration. I mean, they've all got a hand in it, these two guys. We don't even

have a real election anymore. This is a North Korea election. You've got one candidate on the ballot and each of these parties and they're getting eighty ninety six percent of the vote because they're the only candidate that's there. And they don't even talk about how low the turnout is because nobody cares. It is a North Korea election, no debates, no primaries. We've just got media polls telling us who the winner is. You're being disrespectful to North Korea.

It's like Reagan. Yeah, they're spending money like a drunken salor, and that's an insult to drunken sailors. Yeah, that's I mean, it's a freak show, Oh America. Yeah, look at the clowns. Look at the money that they get from all the people that tell them what to do. You don't have any money, you can't run. That's right, that's right. And always how look at how much they're spending on the campaigns. I mentioned it frequently. You know, you go back and look at the

two thousand campaign. They'll go back and talk about the hanging chads and the Supreme Court without Gore versus George W. Bush. Right, But the reality is is that at that election, there was one hundred million dollars that was spent by Bush, and Gore accused him of trying to buy the election because he only had seventy million. You got everybody who's running for people running in

some places for Congress or spending more than that. You got more than that being spent by people who only made a half half of an effort to compete in the primaries on the Republican side. And so you're getting a situation where you got billions of dollars. Why is there that Why is there that much money being spent on the presidency, Because, as hl Meekins said, it's an advanced auction on stolen goods. Everybody knows that they can get whatever they

want in Washington if they've backed the winner somehow. Who's that little clown boy in Texas that ran for governor Beto? Yeah, by calling Beto mail? Yes, jerk, a little arrogant jerk of nothing. Yeah. How about the other clown lady over there in Georgia that ran Abrams. Yeah, clown show in front of everybody's eyes, picky clown. All right, you mentioned one hundred million dollars. Both of them lost the race. One hundred million

dollars each one of them spent to run for governor. Yeah, where did you get the money from? Yeah, Stacy Beato boy, you're not worth one hundred million dollars. It wasn't your dough. People call it campaign contributions. Morons and imbeciles call a campaign contribution. Yes, adults call it bribes and payers. That's right. The government is totally owned by the corporations and the people that give them money. End of story. Look what's going on

with the massacre in front of everybody's eyes. Jenocide pure as can be against the Palestinians. Oh don't why how dare you? How dare you say that? Why are you anti Semite? Why you'd you hater? Hey, I'm at mean, I'm a billionaire. Get rid of that lady over there in Harvid, Get rid of the one over there in Penn State. How dare they say that they're slaughtering people? Look how they own it. Oh, here's the data, Go to mint Press. Look at all the money that

the American politicians have gotten from Israeli donors, Jewish organizations. All the numbers are there. Oh, Trump only got you talking about one hundred million. That guy Sholdon Nagelson gave him one hundred million dollars when he was running for president. And again, this is a Trump that moved the embassy from Tel Aviv and thinks about that. Thank you, Sholan Aielsen. One billionaire whose interest is in a foreign country more than it is in America, one billionaire

gives him one hundred million dollars. When you know, twenty years earlier you had the entire campaign expense for George W. Bush was one hundred million dollars and that was accused of being excessive at the time. Yeah, that's how out of whack this whole thing has gotten. And it's really that's why you have this acceleration of the concentration of money in Washington and everything else is because it's just open corruption in front of everybody's eyes. We all see it.

And of course Trump said Israel owned Congress and mightfully so, right, had they owned the same way they owned him. I mean they paid for him. He's bought and paid for Oh yeah, yeah, I'm looking at his son, his suddenly Jared Cush when YAO used to come there, used to stay at you stayed at the pushing at his parents' house. Yeah. I mean, you're just one thing after another about how Trump, you know, loves all this. You know again, you know, going back to the

to what's going on. You got to make the connections because I'm talking about the dangers of the economy and now with the United States ramping up the war against Iran, if there's a military conflict between Iran, the United States, and Israel, you're going to see Brent crude hit one hundred and thirty dollars plus a barrel and that's going to crash the global economy in the equity markets. Yes, yes, And we're on the brink of that. Before we

don young is not going to stop. Yeah, before we go into the oil hanging. And of course you're right, and all of us who lived through the Arab oil embargo of the late nineteen seventies knows that you send a shock like that through the system and it just erect everything. And we'll come back to that. But before we leave the other stuff. The bank's failing,

what is that going to mean to the average American? I mean, you're going to go down and maybe you know for a couple of days, maybe a few more days, your money is going to be locked and you can't get to it because but you should be made to eventually hold at least to the beginning of all this stuff by the fdi C. What are the other kind of economic consequences that are going to happen, especially we've got a lot of banks that start to fail. What is that going to look like

to the average Joe? How about Taylor's swift? Why are we talking about this? Yeah, Taylor Swift. Now that's where the average Joe and Jane, Yeah, So going back to the banking price, I mean every you have day, you know, how many times do you have sex list week? I mean, you know there taking it. But anyway, they the banking cry, what was well, well, I was going to say, you know, what is it going to even if they you know, uh oh, here's what's if they set down their bud light and stop watching the

Super Bowl for It's like, what's it going to do to them? Financially? What's it gonna you know, we know what's going to happen with the oil because we've lived through it. Kind of thing that's going to happen is that the Russians packed the banking system. Yeah, you can't get your money out anymore. They'll blame it on something else and they'll hold it back.

If it were just they'll do it and just switch it over. More than if you have more than two hundred and fifty thousand dollars in there, it's gone and you might not be able to get it out. And what this is going to be the beginning of the cbdc's such a bank digital cash, right, That's what I wanted to get to. Yeah, that's what they'll use the banking crisis will be used to usher that in because that was always already a part. It was two years ago, in a couple of months.

It was in March of twenty twenty two that Biden said to all of the deep state on him, all the bureaucracy, I want to report about CBDC, and we'll take a look at how we're going to completely restructure the financial system, how we're going to enforce it, how we're going to you know, tell people that it's all about climate change and stuff like that, But that's what they're looking at, is to completely reset the financial system. And that would be a trigger that they could use, wouldn't it. Yep?

And again go back to your Treads journal four years ago from dirty cash to digital trash. Yes, yes, be forecast this is going to come and it's going to take an event like we're talking about now to make it happen. Yes, and again no blame look at that guy that if the high guy that came out last week. It is all article in the Trands Journal wanting us about China and all the cyber attacks they're going to start doing. Yeah, and how we have to worry about it? All right,

you're setting it up already. That's right, that's right, and they don't want to talk about it, even though this last week I talked about this Jerald briefly. I said, you know Vault seven, which was leaked by a a guy that was internal to I think was the NSA, maybe CIA don't know, but anyway, they gave him forty years in prison and they

but they don't talk about what it was that he leaked. What it was that he leaked was a program that they had that they could hack into anything they wanted and make it look like they were anybody that they wanted to look like. They could look like the Russians, they could look like the Chinese, they could look like the North Koreans, anybody that they want to look like. And that's what's going to be the basis of this cyber attack.

They don't want to talk about Vault seven, and the media, you know, throws out under the rug, but I think that's going to be the word. They're going to run it out. There's no media, Yeah, that's right. What do you talk media? A bunch of little prostitutes like go on prostitutes media wards that get paid to put out by their corporate pimps

and government war masters. Yeah, that's right. Yeah, And so you know when we look at it and you look at the combined effects of banking failure, stock market issues, an oil and all the rest of this stuff, that is another just in and of itself, that kind of financial pressure would is the kind of thing that's necessary for them to push people into CBDC. Nobody wants this, but if they can, if you're hurting for money.

They've done this in some of the poor countries like India, they say, well, if you take the number, we will give you welfare, will give you health care and all the rest of this stuff. So you're going to need to do it if if you're pressured into it because you need to do it to survive, it's going to be that bribery angle. That'll be the first way they come after us. It's the same way they did

it with the vaccine. They're going to put you in a difficult situation and then offer you a carrot at first, and they'll get a lot of people who'll accept it that way. Then they'll come after the remainder of us with sticks, as they did with the vaccine mandates and things like that. No Jeb no job, that's right, yeah, no number, no job. You won't buy or sell or traveler the rest of the stuff, you know,

mark of the beast stuff. And don't forget to wear this mask, which on the box says these masks do not eliminate exposure to the risk of any disease or infection. Yeah, but make sure you wear it. And if you don't wear it, when you get on that airplane, you better

wear this mask. Will throw the hell off. But when you're eating and drinking and you're sitting around everybody in a tiny airplane, you could take your mask off because COVID knows when you're eating and drinking and it doesn't bother you. But as soon as you take that last bite and that last ship,

you better put that damn mask on. And if you don't, we'll get you arrested when you get off the plane and stand six feet apart when you're outside inside, because the wind blows exactly in straight lines and succeed, doesn't go up, doesn't go down, doesn't go around. I think it so that they could get better shots of their slaves because they can't recognize their face with a mask on. So you know, let's zoom in on some other

biometrics. I've had that conversation with many people at restaurants. So you're telling me that while I'm standing up, I got to wear a mask, but it says I sat down, I can take it off. Yeah, that's what we're telling you. Okay, Well you never see me again as a customer. You know, I had those discussions over and over again, more time than I care to remember. Well, i'll tell you what happened to

me. You know, right next door to me, there's that beautiful hotel in the restaurant and I go in there one night, and from the door to the bar is probably about eh ten feet And I just get to the bar and the manager walks by and he said, you didn't put your mask on when you came in. I said, I didn't know that because I was just here yesterday and I didn't have to wear one. Didn't you see the sign on the door? No, I didn't see it. I said, next time I come in, I'll put the mask on. You said,

no, you got to put it on now. I said, wait a minute, I said, I'm staying at the bar. Do I need you? I said, do I do? I need the mask when I'm at the bar. He said no. He said, you got to go outside and put the mask on, then you could come back in. I said, wait a minute, I said, you're telling me that at the bar where I am Now, I don't have to wear a mask, but I have to go back outside put on a mask, and then I could

come in. He said, yeah, that's right. I said, you who the help At the top of my lungs, Who the hell do you think you're talking to? Who are you? Little slimy jerk? Oh? I had enough of you a crap. I'm going berserk on this guy. I said, you want to talk to me like that, come on outside, Come on outside and talk to me and put your mask on. Kid, your nose is going to be little boy. This guy's like in his thirties. I'm seventy seven calling this guy out. He folded like that.

By the way, the owners of the hotel sent me up one hundred dollars gift certificate. I didn't I didn't get that. Yeah, but I mean, I don't take crap, you know, And that's what people don't understand. I'm born in nineteen forty six, at the height of the height of America's spirit right after World War Two. America is at the top now, Monopoly Tono born in the Bronx. If you haven't been lived in the Bronx, don't tell me your attitude. I'm not a farmer. I don't milk

cows, big cotton, don't. No, it's a different vibe. Yeah, don't mess with me. I won't mess with you. Don't mess with me. That is the attitude of how I grew up. No more, you do what I tell you. I'm your little low life mayor Senator, Congressman Kindergarten. Teach your principle, do what I tell you to do. And that's America. Oh oh, you ready look at the arrogant, arrogant murderer who's our secretary of Defense. Lloyd Austin killed people in a rock,

slaughter them over in Afghanistan. What was his last job after that? Where all the military guys go, He was just what are directors are? Raytheon the second largest defense contractor. So he comes out about a month ago and demeans people like me that launched Occupy piece and you've been here at my rallies and smoke at them as being isolationists and having no understanding of why and how we should get involved. And you know why he talks to me like that

and everybody. He's a general and you're just a private. So make sure you salute him. That's their attitude, this slime ball. And I'll call up to his face, how dare he caught talk to me like that? I'm not an isolationist, slobby boy. I am an American patriot. I unlike you, respect our founding fathers, like George Washington, a real guy that fought unlike you, remember across the Delaware Farewell address. Do not become involved in any foreign intagraments. Have no love, no hate for a country,

because if you have either, you become a slave to them. That's right, and that's all. We are plantation workers of Slavelandia. That's why they look at this little clown boy blinking. Oh, daddy was an ambassador hungry. My uncle's an ambassaard and of Belgium. I've been sucking off the public kitchens. Nineteen ninety four. I went to Daughter and I went to Harvard. You're a nobody. Every damn picture you see this guy, big jet that we put him over there on, he can't fly like everybody else,

and he's waving, goes up the stairs, turns around. Wait, oh you're waving too. Oh, you're waving too. This is propaganda to make them think that people think that they're better than you. Yeah, that's why they do it. Every time a clown president, chancellor, prime minister walks around. You got these little boys dress up in the military dregs, saluting and they're walking on a red corpet, a red poppet. They're better than us. Do what you're told. What's the cover of the magazine this

week? Yeah, pull it up? Stupid can you be? Yeah? Swallow the crap coming out of narcissistic bows and you know, jerks of the politicians, how stupid can you be? How dumb could you be to swallow that crap? What the hell is the matter? Oh you look up to little Mikey Johnson. Yeah, oh yeah, gave me a face. Mitch McConnell, Hey, let me play Chucky Schuma. They put my glasses on like this, the little jerks Yeah, oh yeah, yeah, they don't

have our interest at heart at all. Of course, you know, it's all about them, and it's all about their little agenda, and they don't really care what they do to people. Let's we were talking about the commercial real estate crash here, and of course it's unrolling in China. They'll talk a little bit more about it in China because I guess it's a little bit

safer for them. Ever, Grand is now going to be liquidated. They've got three hundred million dollars in debt, their assets are supposedly about two hundred and forty five a billion I should have said million billion, and so they're going to liquidate that. But that's just the tip of the iceberg. What is going to be the effect of China's you know, their their stock market. Talk about what's going on with their stock market and does this where does

this end up and how does it affect us? Well, there's stock markets down about forty from its size. And here's again tracking trends is and understanding where we are, how we got here, and where we're going. By the way, each week we have a spotlight on China, loads of articles on what the things we're talking about. So go back to nineteen seventy again how we got here, and to two thousand and one. You look at China's GDP. It's a slight moving up slime ball. Bill Clinton brought them

into the World Trade Organization in two thousand. They officially came in two weeks after nine to eleven, and their economy skyrockets. Is the manufacturers send all our manufacturing over there from Europe and the United States to China to get this stuff made cheap so they can make more money. That every boom is a bust. China overbuilt. The bust was going to happen. One of our trend forecasts. And again we always say people I said, don't call me

a futurist. Nobody can predict the future. There are too many wildcards. One of my forecasts was that the twentieth century was the American century, but the twenty first century would be the Chinese century, because the business of America has been war and the business of China is business. Then we were talking about before. On January twenty twenty, Chinese Lunar New Year, the year of the rat they launched the COVID War and three years of zero COVID policy,

they destroyed the lives and livelihoods of hundreds of millions of Chinese. The market was overbuilt already they made a very very very bad situation terribly worse by the lockdowns. China's economy is going to go down. We put the numbers in each week. The imports are down, the exports are down, and now you have lessons because of the Americans they're doing and Europeans moving to cheaper

places by the way to get their stuff manufactured. Matter of fact, Mexico is making more doing getting a lot more business now because they got cheaper labor than China. Yeah, we had more imports from Mexico than China most recently, didn't we just slightly more? Yeah, yeah, which is always surprising. Again, including all the people coming in brought to you by that slime ball Bill Clinton. With that's right, and he gave us the World Trade

Organization. Yeah, here's a perfect example. Here's a perfect example. This little boy of nothing, Bill Clinton, a little arrogant, little jerk off there in Alkansas, worth nothing. Now, how much is he worth? How much a couple one hundred million? Look at the money that is things get Obama, same thing. Little boys of nothing work hundred minut How do you think they got the money? Yeah? Oh, by doing all these deals Bill Clinton used to get paid three hundred thousand dollars an hour to give

a talk. I used to give talks all over the world. At my top, I was getting thirty five thousand, and I'm giving real information. You could hear. You could hear Clinton bs all day long. It's payback, that's right, three hundred thousand, the same with Hitt Lary Clinton make it all this kind of money. So it's the payoffs that they've done that destroyed the country. I'm up here in New York, all up here, Utica. All these places they're making a Rochester Manufacturing all gone, all gone.

Now there's slum towns. Well, look at the Midwest, look at all the slum towns where he used to have manufacturing all gone. And don't forget to vote. Don't forget to vote for your favorite crook that robs and steals from you and takes your money to go killing us in people. Don't forget to vote. And of course it's also you know, in terms of manufacturing base, they're making sure that doesn't come back because they're diserrating our energy

production. Even as Biden is doing more coal. What's he doing He's sending it to India? Why? Well, because the Paris Treaty says that India can build as many in as dirty of power plants as they want, just like China, but we can't. So you know, we're going to send the coal to India. We're not going to have energy here. And when we talk about the way China destroyed its own economy, you know, the sanctions an active war, and we talked about that when Trump was locking everything

down. You and I were talking about that. These are you know what those lockdowns were where whatever country you're talking about, and they all did it. It was an act of war against their own people. It was economic sanctions against their own people. And now we're reaping the quote unquote benefit of that. Let me ask you this. This last week or so, Trump has talked about, well, I'm going to get China if you elect me president. We don't know what he's going to do, because he says one

thing, he does something else. But he's floating out there sixty percent tariffs on China. Now, the very fact that he could do that and not have everybody freak out tells us that there's a big constituency there for massive tariffs. And of course sixty percent tariff would just you know, be like the way the Federal Reserve has rapidly raised interest rates. It just creates shocks to the system that people can't adjust to quickly enough, and just very chaotic and

destructive to do that. But what do you think is going to happen? Are we going to move to a more mechantilistic system? No, no, I don't know. But what's important is that I agree that we should have very high tariffs. I say, put all the tariffs back in place that used to exist in the nineteen fifties. Well, and I agree with that. I think, you know, we look at of course, with the Jefferson we had a government that was very, very small, and they could

run that whole thing off of terrace. There was no internal taxations whatsoever. And so I agree, you know, having a free trade system here instead of internal taxes. The globals were the ones who wanted to have free trade. I have all internal taxes because they were like they could make more money out of it. It's just that when you talk about a rapid change like that, it's just like, you know, we talk about how the interest rates have been kept so low for so long, they've created this bubble and

the interest rates needed to be brought up. But you know, by bringing them up as rapidly as they did after leaving them down so low, that creates economic chaos, that traps a lot of people. And same thing is going to happen if all of a sudden they jumped to sixty percent tariffs or something like that. Here's the thing when again, another expression and trends forecasting,

is that all things are connected. Let's go back to February of twenty twenty two when the Ukraine War broke out and the United States put sanctions on Russia. Putin's going to pay for this, Biden said, And all of the companies in Europe and America that pulled out of Russia. Remember they're closing down Starbucks, all the all the pull everybody pulling out, fashion companies, stopping them, manufacturing, pulling out, pulling out, pulling out. We

said, this is going to benefit Russia. Yes, we came out with our trend self sustaining economies. Russia has all most, they have the they have the human resources and the natural resources to be self sustaining. Yes. Now the data came out, Russia's economy went up what three point something percent m last year, and the IMF is saying it's going to go even higher this year. Yeah, it's being a self sustaining economy. Yeah again, I'm in Kingston, New York. Against church used to be made over.

Who ever heard of them anymore? One after another, there were factories all over the place, shirt factories all over the place. We the only way America could come back is to become a self sustaining economy. We have all the natural and human resources that we need. But of course what we're doing is they're blocking it with the energy stuff of the so called climate crisis. Right, that's what they're doing it. That's not a tiny part of it.

It's all the manufacturing that's left of our GDP. Seventy percent is on consumer spending, nearly seventy percent manufacturing accounts for the grand total of eleven percent. Nothing manufacturers paid. You got to pay people to work in a service sector, you pay them nothing. Every time. Again, the bigs have taken over everything. As they said, I'm born. You know, seventy seven years ago there were grocery stores, hardware stores, stationary stores, drug

stores. Now there are drug chains, grocery chains, hardware chains. They will chains. The people make nothing. So it's bigger than that. It's the bigs are controlling everything. And that's a big part of what the sanctions were, you know, because you were told, they told, as I said over and over again, it was directed towards Main Street for the benefit of Wall Street. You're not essential, you shut down, and so what

was left with service businesses? And those are the ones that they went hardest, after restaurants and every other form of service business. You got to shut down because you're meeting people in face. But we'll let Walmart stay open. Yeah, because they're essential. Oh yeah, yeah saying that, so that that to me is the only But then again, even if that happened, when I look at the shape of America, it breaks my heart. Look but it's Slobville. And you know, I just came back. I went

to Ah I couldn't do you. A couple of weeks ago. I went to Florida when I couldn't do it on a Friday for a memorial service for a dear friend of mine that passed on, and I flew down there, came back and you ever hear the expression pigs can't fly, they're flying, bitch to the airport lately. I saw that as I'm scanning Avian, the airport is going to start weighing the passengers, not just the luggage. I mean, you go to the airport, it's the way that people look,

the way they dressed, where they are. I mean, it's so sad. I started flying first class, so I worked. I was a number two guy at thirty years old of a major trade association, and I started flying first class. About in nineteen seventy four. Everybody was dressed. They'd rolled down a roast. Would you like lobster thermidore or the roast that they they're carving. Yeah, that's right. Yes. Now they give you a glass of wine in first class and a plastic cup and some crappy food,

and you know you could thank for this. They're screwing up the airlines. Another arrogant little boy, Jimmy Catter. He deregulated the airline industry. I remember the guy. Another arrogant piece of scum, Alfred Khan. I'll never forget because again I'm flying. You know, I'm traveling all over the world and I'm seeing go they used to be brand if they used to be Eastern. There used to be twa. They used to be Pan American. There

used to be mowawk. There used to be used to be used to be used to be used to be. They when the government controlled it, they control the prices. They used to compete on service. Yeah, yeah, all gone. Now you got what two three four companies own everything and again they buy off the politicians. So again going back to self sustaining economy. Do the Americans have the spirit to do it? And I don't think they do it this time. All the vibe is gone, All the vibe is

gone. It's dead. Life, liberty, in the pursuit of happiness. Don't you talk about happiness. I'm the governor, I'm the mayor. I'll tell you what to do. Get back in your house. Get no happiness allowed. Not a word that ever spread anymore. Nobody talks about a good time. That's right hot. And keep people isolated, keep people isolated from each other. It's truly amazing when we look at it, and and you know it's with this, uh, they're going to roll it out into this

climate stuff. We're already talking about climate lockdowns, and you know, controlling our food, controlling our energy, and all the rest of the stuff. But it really was the pandemic and the fear associated with that. Uh you know, that narrative to get everybody afraid. And now that you're afraid, we're going to really stick it to you. And that was And just like people got accustomed to working from home, they got accustomed to taking orders.

And it's really hard to get people to grow a spine back, you know, they just it's just amazing. Yeah, you're right. That's why I said, I'll know if America could do if they lost his spine. Yeah, they're not fighters. Again, Look how many people they hate, how much hated I am up here when I had the rally when everything was locked down, and I had, you know, well over a thousand people here, and we all died by the way, the COVID was doing COVID,

you know, everybody, everybody died. I remember when they had at the very beginning of all this nonsense, and they said, oh, look there was somebody who got sniffles and we tested them. They got a PCR test and they got COVID and they were at SEAPAC remember that. And the left got so excited, Oh good, all the conservatives are going to die because they you know, didn't beay any attention to this, And and you had Ram Paul and all these people self isolating and all the rest of the stuff.

Nobody died. Nobody had all died, truly and nobody. None of these old senators died. None of the jar intocracy died in Washington. They all kept popping along. I got a note here for you. This is from Fun on Rock. Fann Gerald, thank you for the tip, says well to know me and how I love Gerald. Glad to see him on the show. So that's that's from Fun, and Timed non Tides says you heard the day the music died. Well, Trump's COVID agenda was a day

that freedom died. Yeah, I guess we should go back and rewrite the lyrics to Bye Bye Miss American Pie. Well, you know, and you were talking to before about Fauci. He also, you know, he's talking about fear. He also gave us the aide scare. Yeah, that's right. The people who were dying of age were mostly gay people and people that were drugged up. And again, I'm a New York City guy. You have no idea what was going on in a city back in the seventies.

Guys doing poppers like crazy. Sperm can't go into the bloodstream. That's what was causing the AIDS among the gay population. That is from the Wall Street Journal. So don't hate me for saying this. Well, by the way, the word gazed to be happy at one time, you know, and again be what you want to be. I could kill less. Yeah, there's nothing gay now about America. There's nothing happy about America, which is

the other kind of gay. So what anyway that Fauci gave us that and that added into sexual revolution, which you know, everybody has their own way of doing things. But you know, it was okay with me, you know, but that ended it. Well. He also tried to sell remdesevir for AIDS, and everybody said, no, it just kills a kidney. It doesn't help anybody. So then he tried it with ebola, and then he pronounced it the standard of care because he had so much power into Trump.

You look at the data. Straight people were not dying of age. The facts are there, just like the COVID war, we're talking about what happened to the young people. This is the data. Yeah, there were seventy three million one to seventeen year olds all forced to stay home, get out of school, blah blah, blah blah. According to the CDC, they stopped doing the numbers in January of twenty excuse me in June of twenty

twenty three. From January twenty twenty to June twenty twenty three, one nine hundred and fifty two one to seventeen year olds dies of ages had a seventy three million over three years, and according to the CDC, sixty percent of those hospitalized for COVID were obese. Well, you know what he did with the real common thread there between AIDS and this COVID thing was a PCR test. And the guy who got the Nobel Prize for Kerry Mollis kept attacking him.

He said, you can't prove that this is a virus using my PCR test. I wanted to bate you, and he says he wanted to bait me anywhere. We've had different universities and scientists say the hosts of the debate. He won't do it. He said, he'll look you in the eye on TV and lie straight to your face. And he died just a couple of months before they started this bs about that. You know, because and that was the core of both the AIDS thing that he did as well as

that the other you know, this COVID thing was a PCR test. That was. But the one thing he did teach that I really agree with when you messed they don't forget to sanitize your hands and every body everywhere you go. Everywhere you go, people who rubbin this crap into that without thinking about the after effects of all this chemicals going into your hands. Oh yeah, yeah, the alcohol. We had some people catch their hands on fire with that some places. To us, oh more than just the alcohol, all

the other all the other fake chemicals in here. Yeah, oh yeah, you got to soak it into your body. Yeah, it's crazy. I got another comment here for you, Trump Burger Forever says. I read that once the airlines realized they could save three hundred thousand dollars a year by removing one strawberry from the salads at Snowball from there, just a little bit right there, and just multiply the effect out there. Well, that's what we

are now. We got earlier in the program, gerald I pointed out, Matt Walsh got this thing from a year ago where they were talking the FAA said, you know the problem is we've got just too many white pilots. We got to start hiring people of color, you know, and whether they let's take the baggage handlers and let's make them pilots if that's necessary, because you know, skin color is the thing that matters, that's going to keep the planes in the air. I'm on no fly list as far as I'm

not flying on any of this stuff. I hate flying. Oh yeah, it's awful. Well, it's always great talking to you, Gerald, Thank you so much, and folks, go to Trends Journal dot com. An excellent publication's really going to tell you way in advance what is happening and why it's going to be happening. A massive publication each week, and you can save ten percent off if you use the code Night. Thank you so much for joining today, Gerald, great talking to you, and thanks for having

me on. And thank you so much for all that you do you and your team. Thank you very much. Right, have a good day, folks. The David Nights Show is a critical thinking super spreader. If you've been exposed to logic by listening to The David Night Show, please do your part and try not to spread it. Financial support or simply tell the others about the show causes this dangerous information to spread. Father people have to trust

me, I mean trust the science. Wear you mask, take your vaccine, don't ask questions using free speech to free minds, It's The David Knight Show.

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