Gerald Celente: SVB's Bust is Nothing Compared to the Hell Ahead
For three years, we warned about a commercial office building bust because of the slime ball geek freaks” who kept their workers home.
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Gerald Celente, the publisher of The Trends Journal, hosted his weekly broadcast on InfoWars on Monday and he spoke about the magazine’s forecast of a March economic and equities market meltdown.
“What preceded WWII? The Great Depression. What followed the Dot Com bust? The War on Terror,” he said.
Celente said the collapse of Silicon Valley Bank and Signature Bank is the beginning of a “huge crisis.”
“As we had forecast, as the COVID War broke out, the economy should have collapsed and equities market along with it,” he said. “The only thing that artificially propped them up was the trillions of dollars sent into the economy by [President Donald] Trump and [President Joe] Biden…and the Feds bringing interest rates down to zero. That was it….’Stay home, here’s some money, shut up, stay home.’”
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Businesses that would have gone under, like airlines, got billions from the government to stay afloat, which were essentially bribes and payoffs by politicians for future campaign donations.
“They destroyed this economy with their trillions of dollars for free money that went to the Bigs. We, the plantation workers of Slavelandia got chump change, but enough for people to stay home and bend over and get the jab,” he said.
He said the COVID-19 lockdowns go back to Silicon Valley Bank, which was a major bank for the tech industry in Silicon Valley. Celente said it was the geeks who enforced lockdowns and banned free thought on social media. He said SVB’s failure is just a “tiny piece” of the overblown markets.
“Read your Trends Journal,” he said. “For three years, we warned about a commercial office building bust because of the slime ball geek freaks” who kept their workers home.
“All these big buildings with their variable-rate loans, as interest rates go up — you’ve got fewer tenants and you can’t pay your bill…What are these Banksters going to do? Yeah, yeah…They’re going to be failing on their loans.”
“You haven’t seen anything yet,” he said. “The worst is yet to come.”
Hongkong and Shanghai Banking Corporation (HSBC) is acquiring Silicon Valley Bank’s U.K. arm... HSBC got in trouble for laundering drug cartel money . . . They make fentanyl in Ukraine as well, a lot of people don't know this . . . Nothing to see here citizen, move along . . .
What's wrong with this picture? Former FBI director James Comey was on their board of directors, and US Attorney General Loretta Lynch let HSBC off the hook with a small fine.
Why wasn't HSBC prosecuted for racketeering?