Topic: Pmi

Celente provides an economic update, noting that manufacturing in the Eurozone is contracting at its fastest pace since 2020. He highlights Germany's shrinking economy and the "doom loop" threatening American banks due to high office vacancy rates. He urges listeners to subscribe to the Trends Journal at jonestrends.com to prepare for the coming financial crisis.

The U.S. economy is reportedly showing signs of collapse, with durable goods orders stagnating and manufacturing activity dropping to its slowest growth in years. Root cites warnings from Goldman Sachs and the Exxon CEO about the "hasty energy transition" away from fossil fuels. He argues that the Biden administration is intentionally causing inflation and high gas prices to force a transition to "pathetic" green energy, which he claims will bankrupt the country.