Topic: Vacancy Rates

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.

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.