Okay everybody, here we go. It’s me, Gregory Mannarino, Sunday, January 12th, 2025. I still can’t get used to saying that anyway. Look man, we’re here and we have to talk about a few things. You know, before I get started just real quick, this is free to everybody. Executive Global Magazine did a nice article here covering the world market crisis that we’re in. Featured by yours truly here. The hard copy is not free, but the article itself is free. If you want to read it, I would suggest doing so. Executive Global Magazine, check it out. You’ll enjoy the article.

I think it’s absolutely on target. Now with that, let us now move forward. Let’s talk about what’s happening here, what we’re seeing. Again, no surprise. Not a single one of you out here. It’s a surprise at all about what is happening here. I have been, we, you and I have been talking for years, how the debt market is a time bomb. It’s ticking faster and it’s ticking louder. The sell-off in global debt that we witnessed last week, it actually got started a couple weeks back, but it really got going last week with the MMRI hitting a record high, 325, I believe.

Right now it’s about 324.4. Again, free to everybody. Link in the description of this video, Mannarino Market Risk Indicator, keep your eyes on that. The sell-off in the debt market is a major issue. Now I want you guys and girls to stop focusing on this freaking freak show of a stock market, which makes no sense at all. Now let me just show you what I’m talking about. This is Market Watch talking about the stock market valuations makes no sense. Imagine our shock, really. Really, people finally understanding that it doesn’t make a shred of sense at all where we are again.

It’s all easy money. Easy money has propped up this market into the stratosphere and it’s not going to stop until it does, until the debt market meltdown. Are we on the cusp of that? Is it already started? Well, I don’t know. I’m going to read something to you in a little bit that’s going to allow you to maybe get a better perspective on this. But you’re already, all of us here, every one of you who follows this block is prepared across the board for what is coming and there’s no way to stop it. It is unstoppable and is being fostered and fueled more.

Surging global debt out of control, all this stuff, obviously adding to the issues here. I want to show you something else. You and I have been talking about Bank of America for quite a long time. One of you out here brought this to my attention. This is the Economic Times. Have a look at this headline. Big worry for one of America’s biggest financial institutions as yields soar. Bank of America braces for massive bond losses. Now let me tell you something about massive bond losses. They’re all losing. They’re all losing here. Everyone thinks the party’s going to go on forever and it’s not.

And pretty much as you and I have been saying this, forever. It’ll go on until it doesn’t and we’ve taken advantage of all this from every angle, honestly. Now let’s talk you and me a little bit more. This is what’s happening right here and right now with regard to the global debt market sell-off. Again, please, those of you that are locked in your little boxes that you’ve been put in, stop focusing on what’s happening just here in the United States. It’s everywhere around the world, but again, it’s about assigning blame. It’s our politicians playing games with us.

The fact of the matter is, we are all in the same boat. We are all being pushed right off of a cliff. And I’m not just talking about from a financial standpoint, people. They’re going to throw things at us you’re not going to believe. We’re going to face a problem with regard to resource availability that you’re not going to believe as the system is taken apart piece by piece by piece. And how are central banks colluding with so-called world leaders doing this? They’re destroying the purchasing power of the currency, artificially suppressing rates, ballooning the debt as the economy of the world contracts at its fastest pace ever.

You’re not allowed to know that. Anyway, look, let’s talk about this here. World liquidity crisis. We are in one. People, this is in your inbox right now. If you subscribe to my newsletter 100% free, link in the description of this video. This is there right now. You guys and girls get this before anybody. This is going to show up in the Trends Journal and a few other publications, I’m sure, as well. But you guys and girls get this first. You know why? Because they take care of you. We take care of each other. And that, people, is part of our strength.

Let us talk here. So I’m going to read this to you as I usually do, and I’m going to go through it as well, all right? World liquidity crisis, we are in one. In finance, liquidity generally refers to the ease of which any asset can be converted into cash. Most of you are up to speed on that, but let’s look at what this means on a macro scale. On a macro scale, economically, liquidity is the backbone of the system. The flow of credit, also known as debt, through an economy is the single factor which allows the economy to function without the flow of credit or cash or debt through an economy.

In this case, we’re talking about the world. It ends. It ends right here and right now. So everything depends on the continual flow of credit slash debt through the system. If the flow of credit slash debt through an economy is interrupted, then all transactions stop. All transactions stop. That’s the real issue. Forget about the stock market. That’s where they want you to look. Look over here. Don’t focus on what’s really going on because that’s how they keep your mind locked into some other kind of paradigm which honestly isn’t even real. The valuation in this market don’t make any sense.

The stock market is in la, la, la land. Sound familiar to you? Let us move forward. The very nature, some of this is going to be review, the very nature of the modern central bank run debt-based system is this. It can only operate as long as the system is fueled with more debt. Why do you think they come up with they, our politicians colluding with central bankers, come up with every reason imaginable, things you can’t even think about, maybe you’d have a nightmare over with regard to how they’re going to pull more cash into the system.

They’re going to come up with things you can’t believe on. They’re going to expand war as well. This is not going to stop. And they’re going to find other reasons even if they have to throw another convict situation at you to pull trillions into the now. It’s what it’s all about. It’s a con game. You understand? Run by con artists who do nothing but keep the public in the dark about what’s really going on. No politician can tell you the truth as to why things are the way they are. Period. Get used to it. Anyway, so the system can only operate as long as the system is fueled with more debt.

The system therefore can only function in a continual black hole. Sounds familiar? It is precisely this black hole, a vacuum of relentless debt creation, which continually demands even more debt creation, 24 hours a day, 365 days a year, perpetually, meaning it can’t stop until it does. And that what I’m talking about is the implosion of the global debt market. People, there’s no accident why we’re here right now. Again, no comedy of errors got us here. This is all deliberate. Again, why do you think the last three presidents here in the United States have more than doubled the debt? Take every president again, going back to George Washington.

The last three have hyper, hyper is no word for it, inflated the debt. How many presidents doubled the debt going back to George Washington? Think that’s an accident too. Really? You really think so? Unbelievable. This debt-based central bank managed mechanism in and of itself, which is responsible for relentless debt creation and therefore currency debasement, in other words, loss of purchasing power, is why the world today and the people of the world stand at a tipping point and people, we have a problem. You, if you’ve been with me for any length of time, I heard me talk about a paradox.

Here’s the paradox that you need to understand if you’re new here. Global debt is skyrocketing at a pace which has never been seen before, ever. Meanwhile, are you ready? There’s not enough debt. You heard that right. And that is the paradox. How can there not be enough debt? It seems like we’re debt-saturated, right? No. Because the system demands more debt be pulled into the now via any mechanism they can come up with if they have to kill, maim and slaughter people, if they have to shut down economies to allow the fed to inflate during convid, you know, 3.6 trillion.

Some people say it’s a lot more than that. But you see where we’re going with this? You have to understand that everything you’re seeing is deliberate. Everything. Nothing is left to chance. It’s all following a script, a guideline. Here at the end, we the people are being strung along and being used as nothing but a means to an end. Let us move forward. The mechanism of relentless debt creation must expand exponentially simply to allow the system to function at its current level. Sound about right to you? By inflating global debt, currency debasement speeds up. You understand? The more debt that is fueled into the system, the more the purchasing power of the currency sucks out.

Unbelievable. The effect of currency debasement is also accelerated by artificially suppressed rates. You know this already, at least I hope you do. Artificiously suppressed rates and therefore currency purchasing power losses allows a central bank to create more currency. And as it now takes more weaker currency to buy any goods and services, this is just too easy. You understand? This is literally economics 101. But no one’s going to tell you that. No politician, no central banker, nobody. They’ve got to make sure you’re kept dumb. You understand? Anyway, let’s do this here. Currency creation is an integral component of central banks inflating the system.

It’s their Achilles heel. Central banks have only one product and you all know that. Debt. And the more debt any central bank is allowed to create or is called on to issue, the stronger they become. Regardless of what some YouTubers are trying to sell you right now who have no conception of how the financial system works, there’s a lot of talk out here going on how central banks are collapsing on themselves. They’re ending and Trump is going to put an end to it. This is what we heard last time. All central banks operate and get stronger by being allowed to issue more debt or called on to issue more debt.

Today, here in the United States, the Federal Reserve has been vaulted to the pinnacle of power on the back of what? The last three US presidents who have inflated the debt more than every president before them combined going back to George Washington. If that hurts your feelings, you don’t understand what’s going on, then I am not sorry. You better get up to speed. Anyway, the central banks one product is debt and the more debt they can issue or are called on to issue, the stronger they become. As an example of a central bank being called upon to issue more debt wouldn’t be if a politician were to call on a central bank to lower rates or even perhaps go negative.

Let us move forward. Over the last week, world debt markets have seen massive capital outflows. These capital outflows have caused bond market yields to spark, to spike sharply. Here in the United States, the benchmark tenure yield has risen rapidly, which sparked a sell off in the US and world stock markets. Regarding world stock markets and debt markets people, they are on a direct collision course. Without more debt creation slash buying by central banks, the stock markets of the world will drop substantially. World stock markets today function. Are you ready for this? You’ve heard it before. Only as a derivative of action of the debt market.

Stock markets functioning as a derivative means that world stock markets are deriving value from easy money policy, debt creation, and currency debasement. Who’s paying the price for it? The world economy and its people. How long have I told you? They want us on our knees. They want us to beg for a new system. Do you see the connection here? Why we are being bridged into a new system? Why we are being made the crypto capital of the world? Or does the truth still elude you? Let us move forward. If central banks do not act immediately to stop the current sell off in world debt markets, the stock markets of the world will fall and could fall dramatically.

But that is not the issue. The issue is the potential for a whole thing of the flow of credit or debt through the system which would cause a locking up of the system itself. A credit freeze people. You’re not allowed to know certain things. You have to be kept in the dark. The real problem in 08 wasn’t the stock market crash, the world financial crisis. It was the fact that the system was locking up. Henceforth, why? They brought in the illustrious Ben Bernanke to our loving, caring representatives as I’ve been telling you. And Bernanke said, the Feds here at that time, to our loving, caring representatives, that if they don’t start to pump billions into the system over that weekend, by Monday we wouldn’t have an economy.

Meaning, this all stops. Transaction stop. There’s no cash in your bank accounts. Transaction stop. It’s over. That’s what they’re pushing us into now. Problem. Reaction. Solution. I’ve been telling you this for a thousand years. That’s why the new system is being built so rapidly. They started building the new system before the presidential selection. Just then, there are reasons why certain people are put into office. We don’t get to choose at the time. You understand? It’s too easy to see once you allow your brain to start to function. They’ve dumbed you down. They don’t want you to think.

They want you to believe that things are what they appear to be. In no way is that the case. Once you start to break out of that and you realize that this is a game, a very dangerous game that is being played and it’s nothing but to bring about a particular system. A system of control. That’s what this is all about. And a vast reduction in the global population. Once you understand that this sounds a little far too far, I should put on a tinfoil hat. Maybe one day you’ll wake up if that’s how you feel.

Because that’s exactly where we’re going here. Central banks are not going to stop what they’re doing here. The process here or the mechanism of artificially suppressing rates with the Fed right now cutting rates, cutting rates, cutting rates, cutting rates in an environment where inflation continues to rise. It just assures that the system is going to deteriorate faster via, again, artificially suppressed rates. Destroyed the purchasing power of the currency. You’re not allowed to know that. No one’s going to tell you that. Some people are going to tell you that we even need negative rates. Wait for that to happen.

Certain people have been put into office now for that reason. They’ve been chosen for two reasons. Number one, to bridge us into the new system. Number two, to bring us into a negative rate system. A set of dynamics here which is, again, you all know this. People, does it make sense to you? I’m going to tell you again. To have a strong economy, you need a strong currency. Or does it sound better? To have a strong economy, you need a weak currency. What sounds better to you? Obviously you need a strong currency, right? And how do you support the purchasing power of the currency? By lowering rates or by having higher rates? Obviously it’s higher rates.

Higher rates supports the purchasing power of the currency. When you hear of a central bank, cutting rates, any central bank. Or if you hear of a prospective president, let’s just say hypothetically, saying, I promise you lower rates during a campaign. What are they telling you? They’re telling you he or she, in this case it’s clearly he. You know what I’m talking about. I’m not putting anybody down. I’m telling you what the facts are. If this hits you the wrong way, if it hurts you, you need to think about why. If you’re being told by a politician that I promise you lower rates, something they cannot deliver without working very closely with the central bank to lower those rates, you understand? You can see the connection here.

They’re working together to destroy the system and destroy you. If that doesn’t make sense to you and you think that Greg is really out there and doesn’t understand what’s going on at all, well, maybe to you. Who doesn’t understand it? It’s too simple. There is no saving grace here. We are being wiped out. And this mechanism is going to get a lot worse. Now, if in fact we are on the precipice of a debt market meltdown, that means we are on the precipice of a locking up of the system, a credit freeze. I’ve been warning about this for over 10 years.

If in fact, as I said here, the Fed does not act. In this case, the federal central banks collectively do not act immediately. This is a worldwide phenomenon. The debt market around the world is selling off. They don’t stop it. It’s just over. It’s absolutely over. And this is what they’re pushing us towards. Problem? The system locked up, everyone, but we have a solution for you. Here it is. Problem? The public is going to go absolutely—there’s going to be pandemonium in the streets. Imagine, for example, you can’t use your debit card. You can’t use your credit card.

You cannot get any cash out of the bank because it’s not there. It’s not there anyway. The fractional reserve system, well, here we have a zero reserve system. You understand? Now they’re looking to deregulate the banks. In fact, completely deregulate the banks as they merge us into the new system here, this new crypto system, which is nothing but a conduit to the tokenized system. Do you see where we’re going? You didn’t vote for this. You don’t want it, right? But are you speaking out against it? When was the last time you wrote to your representatives or even President Trump? Select Trump to tell him you don’t want this.

I bet you haven’t done it. I’d be willing to bet that those of you who—I don’t know, you don’t want the system, but you’re not willing to stand up against it. They always tell you what they’re going to do before they do it. And now you’re going to let that happen to you, I suppose, right? Problem, reaction, solution. Problem? We have a liquidity crisis, a credit freeze. Reaction? Pandemonium in the streets. You can’t buy anything. Zero. It’s over. No cash in the bank? You can’t use anything. It’s just done. Solution? Hey, we got a solution for you.

It’s a completely digital system, and you’re going to use it and you’re going to like it. What are they doing? Creating dependency on the system. This is what they’ve been doing for many, many years. Again, people, once you understand the dynamics in play, all of this, all of it, becomes very obvious. Until you open your mind a little bit, just a little bit, and you break out of the little boxes that they put you into. We’re a divided society here. We’ve been conquered around the world, none more so than the United States over the last presidential selection here.

You know that. People can’t come together to elicit change. This is also by design. Once you understand that you’re being played, maybe you’ll start to wake up. Until that point, you will remain lost and you will suffer the most as they finish what I have been calling their final solution. This guy here loves you a lot from the hard people, and I listen. I will not see you in the morning. Why? My dog Vega with the eye problem? She has to see her doggy ophthalmologist in the morning. Like I said, it’s about an hour and 45-minute drive from me one way, so a long drive from me.

I’ve got to take Vega there in the morning to see her doctor, so I will not see you in the morning. I will see you post-market. Just real quick, a reminder. This is free to you. I’d like you to read this article. Just look it up for yourself. Executive Global Magazine. Read the article that I wrote for this magazine here. I think you’re going to get a lot out of it. Again, it’s absolutely free. If you want a hard copy, I don’t think these hard copies are free. They sent me a couple of these things. They sent me five of them.

It’s a whole spread. It’s pretty cool, honestly. I think you guys and girls will really enjoy this. Anyway, that’s it. Love you all from the heart. Remember, I won’t see you in the morning, but I’ll see you post-market tomorrow. If you got something out of this video, I want to hear from you. If I earned, only if I have earned your thumbs up, please give me a thumbs up. If I have not earned that from you, well, I guess then you’re going to give me a thumbs down, and that’s okay, too. Please share the video. If you got something out of this, get it out there.

Love you all, people. Think about what we’ve talked about here. Do you understand what’s happening? Are you finally seeing it here? It’s pretty much in our face here. You see this kind of stuff? For how many years have we been speaking about this? You think we’ve been ahead of the curve just a little bit? See you tomorrow. Thank you. [tr:trw].

See more of Gregory Mannarino on their Public Channel and the MPN Gregory Mannarino channel.