INTERVIEW Commercial Real Estate Bank Crisis Avalanche
The David Knight Show
David Knight
4.6 • 765 Ratings
🗓️ 9 February 2024
⏱️ 57 minutes
🧾️ Download transcript
Summary
For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHT
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Transcript
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| 0:00.0 | All right. |
| 0:05.4 | Joining us now is Gerald Salenti. |
| 0:07.7 | And you can find Gerald Salinty's work at Trendsjournal.com. |
| 0:13.1 | An excellent journal that's online. |
| 0:14.8 | And of course, it's an online magazine format. |
| 0:17.3 | And if you want to subscribe to that, it's about hundreds of pages each week on a variety of topics. |
| 0:23.3 | Gerald is always ahead of the curve when it comes to trends. |
| 0:26.7 | 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. |
| 0:33.5 | But if you want to subscribe to that, you can use the code Knight to save 10% on TrendsJournal |
| 0:39.6 | at Trendsjournal.com. So joining us now is Gerald Slinty. Thank you for coming on, Gerald. |
| 0:44.4 | Thank you for having me. And by the way, when they're saving 10% it's going to cost them the |
| 0:48.4 | grand total of about $2.50 a week to get to Trends Journal. Wow. That is amazing. It's a tremendous amount of |
| 0:56.4 | information. And of course, Gerald has always been ahead of the curve. And we were just talking |
| 1:01.0 | you know, off offline while while the music was playing, we're getting a set up. And we're talking |
| 1:06.8 | about the fact that you've been saying a commercial real estate bust is coming as |
| 1:12.4 | soon as they did the lockdown. You called it and you called the effect and now we're starting |
| 1:16.1 | to see it, aren't we? Yeah, well, one of the top trends for 2024 is banks go bust. Yeah. |
| 1:24.3 | And you've seen this bank corp going down, but it's one after another. |
| 1:30.8 | You're looking at small and medium-sized banks. |
| 1:35.0 | Their stocks are down 40 to 50% from their hives. |
| 1:40.9 | And it's only going to get worse, and it's totally out of the media in the sense of what caused |
| 1:47.1 | it and what's next. |
... |
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