Topic: Vacancy

A massive "office building bust" is looming, with national vacancy rates hitting nearly 20% and occupancy at only 51%. Gerald Celente notes that Warren Buffett is hoarding $300 billion in cash, signaling a lack of confidence in equity markets. Using historical newspaper clips from 1939, Celente illustrates the long-term effects of inflation, noting that a penny once held significant purchasing power for household goods.

Celente details the "office building bust" triggered by the shift to remote work during the COVID-19 pandemic. He describes walking through New York City and seeing entire blocks of empty retail and office space, warning that the failure to renew long-term leases will result in a banking crisis as commercial loans default.

Gerald Celente warns of a $100 trillion global debt crisis and an impending "office building bust" that will collapse the banking system. He notes that major U.S. cities have a 24% office vacancy rate, leading to massive defaults. Celente predicts that central banks will introduce digital currencies in response to the crash and reiterates his forecast that 2024 is a "golden year for gold" as prices reach record highs.

San Francisco's office vacancy rate has reached nearly 35%, signaling a massive default risk for building owners and the banking system. Gerald Celente criticizes the "UK clowns" running major U.S. media outlets for failing to report on the severity of the commercial real estate bust. He argues that the damage caused by COVID-era lockdowns is incalculable and will lead to a systemic financial collapse.

Office vacancies in the Boston area have soared to nearly 28%, up from 6% in 2020, indicating a massive building bust. Gerald Celente also highlights the failure of the electric vehicle (EV) market, noting that companies like Volvo are abandoning their all-electric pledges. He suggests hydrogen power is the more viable high-tech science trend to watch in the coming years.

Gerald Celente discusses the impending closure of 150 Macy's stores and the broader crisis in commercial real estate. He highlights high office vacancy rates in cities like New York and San Francisco, arguing that these buildings cannot easily be converted to housing. Celente also notes that gold prices have risen significantly, fulfilling his "golden year for gold" forecast for 2024.

The U.S. is facing a massive commercial real estate crisis with office vacancy rates averaging 20%. Celente introduces the term "dragflation" to describe declining economic growth combined with rising inflation. He warns that many mortgage bonds tied to office buildings are in default despite maintaining high ratings, signaling a coming market crash that will be covered up by war.

San Francisco's office vacancy rate is reported at over 36%, a ten-fold increase since 2019. Celente recalls the failures of Signature and Silicon Valley Banks as precursors to a much larger systemic collapse. He urges listeners to subscribe to the Trends Journal for independent analysis and to support InfoWars as a vital source of non-corporate journalism.

Gerald Celente details the $4 trillion in commercial real estate debt coming due, predicting unprecedented defaults as office occupancy remains at roughly 51%. He notes that San Francisco's vacancy rate has jumped from 3.6% before the pandemic to nearly 37% today. This crisis is framed as a direct result of the shift to remote work and the collapse of businesses that relied on daily commuters.

Gerald Celente reports on the record 36.7% office vacancy rate in San Francisco, compared to just 3.6% before the COVID lockdowns. He argues that analysts are downplaying the risk to regional banks, which are heavily exposed to these commercial real estate losses. Celente urges listeners to prepare for a severe economic crisis by following the Trends Journal.

The "COVID war" is blamed for the rise in urban violence and the collapse of commercial real estate in cities like San Francisco and New York. Celente warns of an impending banking crisis, noting that nearly 300 banks are at risk due to high office vacancy rates. He describes a "wall of debt" in the commercial property sector that will lead to further bank failures.

NATO is reportedly moving to a "military track" to prepare for war, with European members set to invest $470 billion in defense. Meanwhile, major US cities face an office vacancy crisis, with New York City at 23% vacancy. Celente concludes by urging listeners to prepare for an economic collapse and to support InfoWars through the purchase of Survival Shield X3.

Major real estate firms like Brookfield and Blackstone are defaulting on mortgages as the "work at home revolution" continues to hollow out city centers. With office vacancy rates hitting 20% and occupancy at only 50%, Celente predicts a massive banking bust in 2024 as trillions in commercial debt come due.

The 1917 Balfour Declaration is cited as the foundation for the current conflict in Palestine, established by the British "crime syndicate." On the economic front, Chinese exports have dropped for six consecutive months, and Germany is officially in a recession. U.S. banks are facing a crisis due to a 20% vacancy rate in commercial buildings, signaling an imminent banking bust.

Celente warns of an impending commercial real estate collapse, noting 30% vacancy rates in San Francisco and 20% in New York City. He introduces the term "dragflation" to describe a falling GDP combined with rising inflation, predicting a major banking bust as $5 trillion in commercial debt comes due.