CELENTE: Prepare for a Very Wild, Wild Card
Be on the lookout for a false flag event that will be a spark that “officially” ignites WWIII
NOTE TO READERS: The following article can be found in this week’s Trends Journal. Please consider subscribing here.
We note that as trend forecasters, we analyze the current events forming trends, and based on solid facts and hard data we make our trend forecasts. We are not futurists. No one can predict the future because there are too many wild cards, be they made by humans or Nature. And those wild cards that we did not see coming, also change our trend forecasts.
As we greatly detail in this and previous Trends Journals, with few exceptions, such as in the U.S., there is a global economic slowdown. And the more it slows down the deeper nations and consumers fall into debt.
On the Nature side, floods, hurricanes, dried-up rivers, lakes and streams, forest fires etc., are the way of much of the world, and they will affect everything from food prices to immigration, from civil wars to regional wars.
WWIII
And of all the wild cards in play, none, as we analyze the trends, are more serious than the Israel and Ukraine wars. But that is not “news.”
Today, go to CNN, the Cartoon News Network, and look at their top headline stories:
Florida highways are clogged as Hurricane Milton closes in
Trump secretly sent Putin multiple Covid testing machines for his personal use, new Bob Woodward book details
How Harris could secure a historic winning record for Democrats – and still lose
America’s french fry king sounds alarm
Not a peep from the Presstitutes about Israel ramping up its Gaza genocide or the ramped-up bombing campaign in Beirut to leave the city in ruins. There was nothing on how millions in both Gaza and Lebanon are being told by Israel to vacate their land and to basically, “Go to Hell.”
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Over the past two weeks, nearly a half million Lebanese have fled to Syria to escape the onslaught… all while Israel ramps up its war against Syria. Today, the Syrian news outlet, SANA, reported that Israel bombed residential buildings in Damascus.
Nowhere on CNN does it go into the dramatic geopolitical and socioeconomic consequences if these wars continue to explode. On the Israeli front, the only economic news making their “news” is old news for Trends Journal subscribers: the fear that if Iran and Israel go to war oil and gas prices will spike.
It is also reported that Kyiv bombed a Russian oil facility in Crimea yesterday. Again, this is not rocket science. Should the Israel and Ukraine wars continue to escalate—which we forecast they will because there are no international demands for ceasefires—Brent crude will spike to $130 per barrel plus… and that, in turn, will crash global equity markets and economies.
However, despite the increasing worries of war, today Brent crude fell nearly 5 percent. Why? Because, according to the mainstream business media, such as CNBC, “The recent oil rally is taking a pause as Israel has not retaliated against Iran yet.”
Yet? What happens to oil prices when “yet” becomes “when” Israel retaliated against Iran?
Therefore, for all those with open minds to see, the current oil slump makes absolutely no sense. Israel will retaliate and they will continue to ramp up the war against Syria, Lebanon, Yemen and Iran. And the more the Israel War ramps up, as with the Ukraine War that will also ramp up, the higher oil prices will spike.
The Economic Front
As we greatly detail in this and previous Trends Journals, with few exceptions, such as in the U.S., there is a global economic slowdown. And the more it slows down the deeper nations and consumers fall into debt.
On the top end, no clearer evidence that the trillions of yuan that China, with a debt-to-GDP ratio of well over 300 percent just pumped into the economy to boost it up after Beijing destroyed it with its three years of draconian lock-down zero COVID policy that destroyed the lives and livelihoods of hundreds of millions of its citizens.
This, like the trillions of dollars of fake money printed on nothing and backed by nothing that was pumped into locked-down economies by governments across the globe to fight the COVID War, all it did was artificially prop up equities and economies while spiking inflation at near record levels. Indeed, the price of a home in the U.S. went up some 50 percent since the COVID War began in 2020… and as we note in this Trends Journal, they are going up in much of Europe as well.
On the home front, as we note, the jobs being created are low paying and for people to make ends meet, they are working two and three jobs. And making a bad situation worse, the Bankster Bandits such as the credit-card companies, have pushed the average credit card interest rates to 21.5 percent, which is the highest since 1994. And according to Trans-Union, in the second quarter of this year, the average balance on credit cards was nearly $6,000… up 31 percent since 2021.
And as we also note, while people are spending more, with inflation across the general spectrum still very high, it is costing them more to buy less. Again, the facts are all there as we report in this and previous Trends Journals.
TREND FORECAST: Prepare for a very wild, wild card. Again, whether made by humans and/or by nature, no one can predict them.