Topic: Manufacturing Index

Despite claims of a manufacturing renaissance, the manufacturing index has been negative for 18 of the past 20 months. This decline in bread-and-butter jobs is expected to trigger a recession in the housing market. The reality of "Bidenomics" is characterized by rising prices, higher taxes, and a looming economic depression.

The U.S. manufacturing index has been negative for 18 of the past 20 months, contradicting claims of a manufacturing renaissance. This decline in bread-and-butter jobs is viewed as a precursor to a broader recession and potential depression. Rising interest rates and lowering wages are expected to cause a collapse in the housing market as 67% of Americans continue to live paycheck to paycheck.

Gerald Celente discusses the rise in violent retail theft, citing Target CEO Brian Cornell's report of a 120% increase in incidents. He attributes the current economic instability and social unrest to the "COVID war" and warns that negative manufacturing indices in Europe and China signal a major global contraction.