Topic: Business Travel

Analyzing a CNBC report, Celente notes that business travel spending may not return to pre-2019 levels until 2026. He labels the COVID-19 crisis a "scandemic" caused by politicians and "bureaucrats" rather than a natural health event. The shift toward virtual meetings is cited as a permanent change that will continue to hurt the airline and hotel industries.

Alex Jones was absent from his broadcast on June 21, 2022, due to travel complications described as "travel Armageddon" caused by the current state of American infrastructure. While originally scheduled to return earlier, Jones remained off-air to handle urgent business matters following a vacation. The guest host confirms Jones is safe and expected to return to the transmission the following day.

Office occupancy rates in major cities like San Francisco and New York have dropped to 20-22%, signaling a major crisis for the hospitality and service sectors. Gerald Celente explains that the lack of commuters and business travelers will lead to a significant loss in tax revenue and the closure of many local businesses.