Topic: Real Estate Bubble

A caller identifying as active-duty Air Force reports on a commander's call regarding potential kinetic military action and troop deployments. The conversation shifts to the domestic economy, discussing $5 gas prices in FEMA Region 10 and a perceived real estate bubble driven by Marxist-Communist ideological shifts in US institutions.

Celente mocks former Fed Chairman Ben Bernanke for receiving the Nobel Prize in Economics, pointing out Bernanke's failure to predict the 2008 housing collapse. He contrasts Bernanke's "wrong economic forecasts" with his own successful predictions in the Trends Journal. The segment concludes with a critique of political "freaks" like Gavin Newsom and the loss of "life, liberty, and the pursuit of happiness."

China faces significant internal pressure from a collapsing real estate bubble and the economic fallout of its "Zero COVID" policies. As Premier Xi Jinping nears re-election as party secretary, there is speculation that a conflict with Taiwan could be used as a distraction from domestic failures. While China was once a testing ground for globalist social control, it is now asserting its own interests, creating friction with Western power structures.