➡ The author argues that the current financial system is in crisis, comparing it to a never-ending Ponzi scheme. He suggests that debt restructuring, like the Mar-a-Lago Accord, is just a way to prolong the inevitable collapse. He encourages readers to understand the situation, become their own central banks, and diversify their assets. He also criticizes the role of central banks in managing the yield curve and believes they will continue to buy until they choose to let the system collapse.

Hey everybody, here we go. It’s me Gregory Mannarino on Monday, February 24th, 2025 pre-market report. This is what I want to do. I want to start off with over the weekend I got bombarded with people asking me about what I think about all of these calls for a market crash that was supposed to happen this month or maybe next month or the month after that and it seems like some of you here are believing that this may actually happen because of this. You got Warren Buffett warning about all kinds of things here and has Celeste’s exposure to the stock market.

Okay, let me just start off with what I’ve been explaining for a thousand years. Nobody. Nobody. I don’t care if you’re Warren Buffett or Jimmy Buffett is gonna be able to tell you the day, the week, or the month that this is going to happen and just because Warren Buffett here is slashing his exposure to stocks doesn’t mean that a crash is imminent. I watch the debt market all the time. There is a very old adage on Wall Street. It goes like this. The debt market is always right. We understand, you and me, that we don’t have a single, not one, aspect of this market today.

We don’t even have a market at all whatsoever. There’s no price discovery at all. At zero, you know, anything. Okay, I understand that the debt market today is in a state of rigging like we have never witnessed in the history of the world. Who’s buying it all? Who is the number one? If you were and buyers of debt right now is collectively this entity known as central banks. They’re the ones that are gonna decide when this thing comes down. The world today is involved in a gigantic hanzi on a scale that, and I’ve told you this for, again, a thousand years.

Think about what I’m about to say. Focus on this for a moment. Okay, you know, this plays right into the Mar-a-Lago accord that some of you want me to weigh in, and it looks like Trump, President Trump, is trying to restructure the debt market, basically telling investors in U.S. debt that they’re going to need to be putting their cash to work again in the debt market on the long end of the yield curve to help the United States better service the debt. That’s what this whole thing about lower rates, lower rates, lower rates is really about.

What it comes down to is this. If the United States doesn’t continue to borrow, we default on our debts. I mean, this is common knowledge. All of you understand that who have followed this blog. It’s so in our face, it’s an incredible thing. So basically what this restructuring, this other than central banks, who are, again, only at all buying it all here, that if you do not reinvest your allocations of short-term debt into long-term debt, well, we’re not going to pay you back and we’re just going to default. Look, man, the United States is already in a technical default.

I told you this again for a thousand years. If we cannot continue to borrow and borrow and borrow into oblivion, why do you think there’s all these calls about abandoning the debt ceiling? We don’t need it. It doesn’t matter because they’re trying to psy-op you into not understanding that the mechanism is nothing but a gigantic Ponzi. I mean, it’s like literally, okay, if you don’t reinvest your allocations in debt into long-term debt, short-term into long-term debt, we’re just not going to pay you back and we’re going to default and you’re going to lose it all.

We’re going to lose it all anyway. But it’s an astonishing thing how these things are put out here. We’ll talk more about that in just a moment. But what I want you guys and girls to understand right off the bat, ignore it. When you hear, I don’t care how thin they are. I don’t care how big and lofty or how many freaking subscribers they might have pointing towards a day, pointing towards a week, pointing towards a month, whatever. And this is where it’s going to happen and the banking system is going to melt down.

I think that was supposed to happen today. As a matter of fact, there are a lot of calls. Today was the day. People stop. Stop with this, please. You and I, I believe, have a perspective on this market that has been so spot on for so many years that it astonishes me that some of you are so concerned about what Warren Buffett is doing. What so and so is saying about the market crash. Stop with this whole thing. Let me explain this to you maybe another way that I’ve said for a thousand years.

The real crash is not going to begin nor end in the stock market. It will begin and end in the debt market. Are you looking at bond yields right now? They’re seeing a massive push, obviously. Who’s buying it all? Who’s buying all the debt right now? We’ve seen a tremendous drop with regard to bond yields around the world. Central banks are in here clearly trying to stop the bleeding in the market, which, you know, nothing really bleeding. The market is kind of at all time highs right now or very close to record highs.

The stock of the world is being decimated by the same mechanism that’s propping up the stock market, artificial price, rates and currency, purchasing power, destruction. When you hear a politician saying, you know, we need lower rates and we need it now, it really comes down to servicing the debt. That’s really all it comes down to. And now with this restructuring possibility, you know, let’s talk about that. This is the Mar-a-Lago Accord. Basically what it comes down to is this. President Trump could, listen to the wording here, this is the financial list, could force some United States foreign creditors to swap their treasures into ultra long-term bonds to ease the country’s debt burden.

It’s not going to decrease any debt burden here. Our debt is going to balloon from here. It can’t. Look at the US debt to GDP ratio people. We’re in a zone, the world’s debt to GDP ratio. I mean, I can’t believe I have to talk about this stuff again. I’ve only covered it a thousand times. Okay. We’re in a moment here of maximum saturation. I can’t, you know, another thing I’ve told you guys, it can’t stop. And the fact that, you know, you got calls here for debt restructuring to enter ultra, what is Trump saying here? Ultra country’s debt burden? Easing anything.

We’re just allowing ourselves to service the debt for a longer period of times as we’re being thrust into a new system. People, this system is being taken apart, man. I’ve been telling you this for a thousand years as well, systematically and methodically right in everyone’s face, but no one understands what they’re looking at. And let me talk about this other thing here with this revaluation of gold. It’s a smack across our face is the word it really is. So the US Treasury has fixed the price of gold at $42 an ounce.

Okay. Now there’s talk, a lot of talk, and it’s probably going to happen about revaluing gold to fair market value. Really. It’s not a fair market value. It’s completely rigged. You think the price of gold or silver right now has any bearing on reality with skyrocketing debt and restructuring of debt that we can’t possibly ever pay off. It’s not meant to be paid off anyway. The debt-based system demands that we pull more debt into the now exponentially. Moving forward, people, you know all this. I think this is a smack in the face.

This Mar-a-Lago Accord. What is this supposed to be? Some kind of a fancy thing that’s going to save us all? Yeah, let’s just restructure the debt so we don’t have to pay it back, which is what it really comes down to, doesn’t it? Let’s just force investors who are, who purchased short-term debt to invest in ultra long-term debt just so we can service the debt because we can’t pay it back because we’re broke. Make it up. This stuff are people. You can’t. No one can make up what we’re seeing right now. It’s an impossibility on any level, on any scale, but I hope this makes sense to you, what we’re talking about here.

Obviously, part of the Mar-a-Lago Accord is using tariffs to help fund whatever is going on here into a normalized business activity. Look, what we’re seeing now is just the end game of it all. The world’s financial system is broken. It’s been broken and it’s coming apart faster and faster and faster with central banks creating this vortex of inflation here, again, by issuing debt through one door, buying it back through another door. You know all this stuff, people. No one knows it’s better than you do. So stop, please, with a couple of things.

Number one, Warren Buffett’s out of the market, so that means we all got to get out. Look, you guys can go do whatever you want. What Greg Manarino is going to do here, regardless of who’s calling for a market crash today or a banking crisis today. Look, man, if you don’t understand that we’re already in a crisis of epic proportions, the entire financial system is bankrupt, operating in a perpetual black hole that can never be filled. It’s an incredible thing to see, and this debt restructuring thing through the Mar-a-Lago Accord here is just another way to keep the Ponzi going.

But Trump can’t tell you that. I’m like putting the man down. For those of you that are getting triggered right now, I’m telling you the truth. Does it make sense to you what I’m saying here, or does Greg just not know what he’s talking about? Because Trump understands economics better than Greg Manarino, and you know, no one’s smarter than Trump or Elon Musk right now. You got to be kidding me, man. People are looking over here when they should be looking over there. It’s the usual freaking story that keeps people not knowing what’s actually going on.

Does that make sense to you? Look, man, with regard to revaluation of gold, I already told you. I already told you it should be revalued to 50, 60, or 70,000, somewhere in that ballpark here, with President Trump monetizing gold and backing it, the dollar with that gold. Are we going to get that? No. What he’s talking about here, with this Mar-a-Lago Accord, is just restructuring debt so we can service it longer. Imagine, people, imagine our shock, really. Oh, no. Really, is this what’s going on here? Yeah, that’s exactly what’s going on here.

It’s a Ponzi. So you have our current administration, you’re no different than anybody else. This is service to debt and run the Ponzi longer so central banks can own it all. And let’s revalue gold at fair market value. Make it up, man. Can you possibly make any of this stuff up? Who could? Who could make this stuff up? The truth is stranger than fiction. All right, guys, look, I get a little uppity from time to time here, but this stuff is so blatantly in our face. It’s out of control. People are no longer being led to their own demise.

They’re leading themselves now. Make it up. Make any of that up, but not you. Not you if you follow this blog. People look, man, we’re going to continue to do what we’ve been doing. I don’t give a damn what Warren Buffett or anybody else is doing in this market or what they’re calling for, what they’re saying here. Understanding that the debt market is the driver of everything and central banks are not done, obviously. And if parts of this Mar-a-Lago accord actually come true, it’s going to make the central banks even stronger than they are now.

In this case, the Federal Reserve, which is what I’ve been telling you guys and girls forever, man, it’s not going to stop until it does. And it’s going to stop in a moment of their choosing, not yours or mine. Guys, guys and girls, let me regroup for a moment here. Nobody knows this stuff better than you do. But again, look, I really hope that I am allowing you to understand what’s going on, why it’s happening. And the fact of the matter is that we are now engaged in the greatest Ponzi scheme that has ever been thought about, fantasized about, or even has been a nightmare over in the history of the world.

That’s all this is a gigantic Ponzi. And again, if we can’t borrow, we can’t pay our debts. So isn’t that the definition of a Ponzi? Does Greg have this one correct? Or is Greg really completely wrong here? Can someone let me know? Please? I’d appreciate it. Anyway, guys and girls, look, man, we’re not going to stop what we’re doing. We’re going to continue as we’ve been doing for 10 freaking years to bet against the debt, become our own central bank. Does that sound familiar to you, or have we been telling you this since day one here? I’ve also been telling you that silver is the most undivided asset on the face of the freaking earth.

Yes, you need to be diversified. I believe you need to be spread out into a lot of assets. There’s no doubt about it here. And let’s see where the stock market goes. I believe, especially on the back of this recent crusade by US Treasury Secretary Scott Besant, that let’s let the Fed off the hook. Okay, let’s focus on getting the 10-year yield down, which is the same thing. Central banks are managing the entire yield curve. Do you think the shape of the yield curve is normal right now? Yeah, it does look like it has uninverted, but who’s responsible for that? It’s central banks.

They’re in here. Yield curve control is in full effect. Central banks, the Bank of England, told us right out what all central banks are going to do. They’re going to make sure that the system doesn’t come down by buying it all until a moment of their choosing. You and I just got to raise our awareness and be aware of what’s going on. And I can promise you that this guy, I’m not losing. There is no way on this earth, off this earth, or anywhere else. So that means you are not losing.

You are not losing. Period. Does that sound about right to you? I’ve committed to this, to all of you, for a thousand years. That I have got your back. That what I know, you’re going to know. And I’m going to let you know in a little secret here. Greg talks to everybody. Greg talks to everybody. It’s just too easy, guys and girls. All right, look, man, I’m going to let you all go. I hope you got some man in this video. I really, really do. Understanding what’s going on, why things are the way they are.

Why are you seeing things now? Is it clear to you? Has this video, here’s the question. Has this video made things less clear to you or more clear to you? Please respond to that. I promised to read the comments. Greg, this video has made a lot of sense to me. Things are more clear right now. Greg, you know what, you’ve just made things a lot less clear. Let me know where you guys and girls stand here. Again, this is what we’ve created, and I’m going to tell you again for the thousandth time, is a really magnificent thing.

A worldwide family of like-minded people, for the most part, who just want to understand what the truth actually is, and the truth is always right in our face, despite the distractions, the deceptions, the look hears, and the look there. That’s how this freaking Babylon system works. On the singing page, let me know. Love you all. See you later. 4 or 5 PM Eastern for the livestream. All right, I do apologize for getting this video out a little late, but sometimes it’s just the way it works, all right? That’s all. [tr:trw].

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