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Podcast: ITM Trading Podcast
Episode: “We Have ONLY 5 Months Left”: Gerald Celente Warns Repo Market Blowup Will Spark Greatest Depression
Description: In today’s interview with Daniela Cambone, trends forecaster Gerald Celente issued a dire economic alarm, declaring the U.S. has roughly five months to avert a systemic crisis sparked by a looming blowup in the repo market. "The repo market. Oh, let's go back to 2019, when the repo market crisis was happening. Everybody forgot about it when the COVID war was launched," Celente states, drawing a direct parallel to today. He points to a cascade of data signaling imminent collapse: towering commercial real estate vacancy rates, non-renewals of long-term leases, and banks increasingly unable to cover the losses. "Th...