By Greg Hunter’s USAWatchdog.com - June 29, 2024

Renowned geopolitical and financial cycle expert Charles Nenner has been warning of a huge war cycle and plunging financial economic cycle. This week, Nenner’s war cycle “turned straight up” and his economic cycle “turned straight down.” The next big conflict is not going to be in Ukraine or Taiwan–just yet. On Saturday, this headline: “Iran Threatens Israel With ‘Obliterating War’ If It Attacks Lebanon.” Nenner says all hell is about to break loose. Hezbollah in Lebanon, Iran and Turkey are key players in an escalating war with Israel. Nenner, who lives on the border with Lebanon in Northern Israel, interviewed with USAW just after a barrage of 100 rockets hit near his location. Nenner reports, “The children here have not gone to school for a year, and we are under rocket fire day and night. It is a very strange situation. What I don’t understand is the Arab resistance, led by Iran, did not see what happened in Gaza. If this really goes, Lebanon is going to disappear from the map. . . . How do I know these things? I know these things because I work with several governments in the world. . . . In the 1960’s, there was a war, and half of Cypress ended up Turkish and half of Cypress is Greek. Turkey never accepted that. . . . Israel is using airfields in Cypress. . . . If this really gets going, Turkey is going to take over Cypress because they support Hamas (and Hezbollah). Turkey will invade Cypress, and this will lead to a war between Greece and Turkey. Of course, Iran is going to be involved also. Big boats are heading to Israel, so America is going to be involved. Russia has its ideas too. . . .

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Nenner says his big clients are also leaving the cities and buying houses in rural locations. Nenner told me this is a trend that has been going on for about 5 years, but it has picked up speed in the last year and a half.

Nenner says his economic cycles have turned straight down. In NYC, Nenner points out, “I have very wealthy clients that just got out of commercial real estate with a 67% loss. I also know the banks, they are holding all these bad loans. The banks have US bonds coming to maturity that they have lost a fortune on. So, the banks, especially the regional banks, are going to be in big trouble. . . .The regional banks are very weak. A lot is burning below the surface, which nobody tells you about.”

Nenner still likes gold, but it’s going to consolidate here. Inflation is getting ready to take off again, and Nenner says, “Layoffs are coming soon. . . . Very hard times are coming.”

There is much more in the 38-minute interview.