Gerald Celente - Highlights 9/12/23

The transcript discusses various topics such as AI, inflation, oil prices, the economy, geopolitics, and more. It also mentions the current state of the world and the challenges faced by society.
💣 Inflation is causing an increase in consumer credit card debt, with U.S. consumers taking on $43 billion of additional credit card debt in the second quarter of 2023.
💰 The price of oil (Brent crude) has risen by $20 per barrel since June 2023, reaching almost $92 per barrel.
💥 The economy is facing challenges, with the job market expected to worsen and interest rates projected to rise.
🌍 Global growth is slowing down, and there are concerns of a recession in Germany and Europe.
❌ The commercial real estate sector may experience a crash, while U.S. home prices continue to rise.
🛢️ The Ukraine conflict and the threat of war are highlighted, along with the involvement of NATO and the United States.
📉 Consumer spending is anticipated to decline as the holiday season ends and economic realities set in.
💼 The banking sector is predicted to suffer, particularly in regards to mortgage payments and office buildings.
💔 The transcript criticizes political hypocrisy and mentions specific issues with China, Japan, Vietnam, Germany, and other countries.
📚 The Trends Journal is recommended as a valuable source of information and foresight on politics, economics, and cultural trends.