GERALD CELENTE: Today Will Live in Infamy
With the United States ceasefire veto, the Biden administration has essentially given Israel free rein to escalate its war against all its “enemies.”
NOTE TO READERS: The following article is the Economic Update found in this week’s Trends Journal.
Where is the economy going, what’s next, and what to do?
In order to forecast the economic future, we have to know about the current events forming future trends.
It is not just about knowing the hard data that forms the economic trends shaping the future, it requires a Globanomic® perspective. From geopolitical, socioeconomic, hi-tech science, technocracy to scores of other industries and services—it is the understanding that all things are connected. As we say, “Opportunity misses those who view the world through the eyes of their profession.”
Today, 20 February 2024, is a day that will live in infamy, a day that will affect the global economy. But the mainstream media has essentially ignored it.
What is that mega trend? If you tune into mainstream media headlines there’s not a word about it.
For the masses that rely on these corporate outlets, it’s: stay stupid, swallow the headlines, and know nothing about the trends shaping the future.
While the major headlines today—for a change—are not about Taylor Swift, they have essentially avoided a key trend that will not only kill economic growth, but kill more innocent people.
The major trend-setting event that transpired today that is barely reported is that the United States, for the third time, vetoed a UN call for an Israeli ceasefire.
The geopolitical implications of this are far-reaching. Besides the continued slaughter of innocent Palestinians, of which over 100,000 have been killed and wounded, the veto greatly increases the risk of not only escalating WWIII, but igniting global economic chaos.
As we greatly detail in this and previous Trends Journals, Israel has ramped up its attacks against Syria, Lebanon, and Iran. Indeed, as we note, U.S. intelligence sources blame Israel for bombing two major Iranian gas pipelines last week.
We also detail the escalation of Houthi attacks on ships in the Red Sea which they said will continue to escalate until there is an Israeli ceasefire… and thanks to the U.S. there won’t be one.
Then there are the increasing attacks—again as we detail in this and previous Trends Journals—of Israel’s strikes deep within Lebanon as they kill civilians along with Hezbollah leaders.
TREND FORECAST: With the United States ceasefire veto, the Biden administration has essentially given Israel free rein to escalate its war against all its “enemies.”
Having attacked Iranian pipelines and having killed a number of Iranian members of the military recently, we forest Israel will ramp up their attacks … which in turn, Iran will launch a counteroffensive. When this occurs, Brent crude, now selling at around $83 per barrel, will spike to above $130 per barrel, which will crash the overvalued equity markets and already sagging economies.
Indeed, in this Trends Journal we note the current economic weakness of major economies, and on its home front, the Israel War has crashed Israel’s economy which fell some 20 percent in the last quarter.
Also, the more Houthi attacks on ships in the Red Sea, the higher the cost of shipping which will also bring up inflation.
Worse and Worser
As we have extensively detailed, for much of the time, Wall Street is nothing more than a gambling casino. Consider the glorious “Magnificent Seven” tech stock that keeps driving the equities higher and look at the sector Price/Earnings ratio. According to Bio-Techne Corp Common Stock (TECH) they estimate a 46.2 P/E ratio for this year… while The Street says a 20 to 25 is the average P/E ratio range.
As for the markets being a casino, this is a major article in today’s Wall Street Journal: Teenagers Are Pouring Into Stock Investing
Teenagers? Investing? How about “gambling.” They’re kids who know next to nothing about socioeconomic or geopolitical realities.
TREND FORECAST: Again, considering the reality hitting Main Street, and the data that is ignored of how prices are really rising, people can’t afford car insurance, they’re cutting back on property insurance, going much deeper into debt, business defaults rising, the worsening Office Building Bust and the Banks Go Bust trends… we forecast a sharp equity market downturn on the near horizon.
And, the downturn will be worsened as the Israel War heats up… as we have detailed.
Also, with Ukraine being defeated by Russia—as we had forecast they would be before the Ukraine War began on 24 February 2022—we also forecast that Kyiv will launch a major attack deep inside Russia; the blowing up of a nuclear power plant and/or some major offensive move so they can get more weapons and money to keep the war raging. Thus, the more intense the wars become, the greater the socioeconomic and geopolitical damage.
Again, these forecasts are ignored by the mainstream media. However, they are extremely essential. For example, as a result of the sanctions the U.S. and EU put on Russia back in 2022, the plantation workers of Slavelandia are still paying the price since the sanctions dramatically drove up the price of many commodities.
The Bavarian Illuminazi Lobster and Burger Party vetoes against peace...
They all should be hanged tarred feathered quartered torn up in pieces drowned in liquid acid and erased from history... they and their Children and children's children.
Every Jew every Freemason every Member of the Bullington Skull & Bones & Bohemian Grove... every Aristocrat... every member of the WEF WHO+++
The Establishment is the problem…
A Guillotine is the Solution.
Listen to this conversation between two Bullington Club Members Boris Johnson and Darius Guppy how they do things behind the scenes.
Then look above at the Lobster and Burger party of the MSC and I tell you they are Identical.
https://www.youtube.com/watch?v=C9MUwBEJRwk&t=1s
Now understand that Ursula von der Leyen wants to be Stoltenberg... NATO Chief... fuck that whore.
Ursula von der Leyen has sabotaged Germany from within... with the help of the establishment who also helped Adolf Hitler to power.
And the only reason there is a Munich Security Conference is that it is in reality a meeting of the Bavarian Illuminati.
Do you see the connection now?
It has nothing to do with security but it has everything to do with Adolf Hitler... they are all little Hitler's grooming the next Hitler for the 4th Reich.
And they are all Jews... that's the yoke.
While Trends News forecasts paints a bleak picture in America's future, there is a glimmer of hope radiating from the renewed worldwide support for the LaRouche Oasis Plan.
The 1975 proposal by Lyndon LaRouche, the Oasis Plan is gaining support as the long term solution to conflict in this region of the world.
The Schiller Institute Webcast by Helga Zepp-LaRouche represents a Worldwide Mobilization for Ceasefire in Gaza, and the LaRouche ‘Oasis Plan’ for Development and Peace.
Please promote the efforts of the Schiller Institute to help the Oasis Plan overtake the drive for war by the Military-Financial complex. We must change the trend for war and economic collapse with Peace and Development.