As Steve Bannon nears the end of his four-month sentence as a political prisoner for a misdemeanor offense of defying Congress, set to conclude on October 29, 2024—an ominous date echoing the Great Depression’s onset in 1929—his warnings resonate louder than ever. It is a good time to revisit the warnings of a financial crash for this generation. In a fiery 2022 WarRoom broadcast, Bannon targeted President Joe Biden’s administration, labeling it a looming economic disaster. Bannon’s critiques are aimed squarely at Democrats, and he urges minorities and working-class Americans, especially, to consider the economic implications of Democrat policies before casting their votes.
Wall Street on the Brink: The ‘Red Tuesday’ Warning
Bannon, a financial expert, doesn’t mince words when discussing the current state of the economy. Referring to Wall Street’s recent turmoil as a "Red Tuesday,” he draws a direct line between today’s economic struggles and the notorious “Black Tuesday” of 1929. According to Bannon, the Biden-Harris administration’s policies have created "blood in the streets,” pushing America toward another financial collapse. He underscores this point, saying:
"We’re on the precipice of a Great Depression… We in the WarRoom were the first to call this in Jan. 2021.”
According to Bannon, this stark warning isn’t just about numbers. It’s about the everyday experiences of Americans who are struggling with inflation and stagnant wages.
A Call to Working-Class and Minority Voters
Bannon’s 2022 WarRoom message to traditional Democrat voters—especially minorities and the working class—is clear. He insists that voting for Democrats means choosing economic decline. He believes the evidence is already in people’s lives:
"Check your lived experience. If you want more of this, you are voting for your own economic and financial destruction.”
He stresses that while America has recovered from past crises, the nation’s economic fabric is at a breaking point. Bannon argues that without a strong manufacturing base and sound economic policy, America faces a grim future—one he claims Democrats are ill-equipped to prevent.
Unsustainable Spending and the Debt Trap
One of Bannon’s key criticisms of the Biden administration revolves around government spending. He points to uncontrolled expenditures on social programs and foreign entanglements like the Ukraine conflict, warning that these will lead to economic ruin:
"We’re all over the world in endless wars, pouring money into the border dispute in Ukraine… We are now on the cusp of making one or two moves that even Donald Trump might not be able to turn around.”
Bannon’s forecast includes inflation spikes, stagnant growth, and the weakening of the U.S. dollar’s status as the world’s reserve currency—financial disasters he believes will trigger radical social upheaval.
What’s at Stake in the 2024 Election?
Bannon’s parting shot is aimed at those who might still support the Democrats. He urges voters to look past the "happy talk” on mainstream media and consider the long-term consequences. His appeal is grounded in a populist-nationalist agenda that positions the America First agenda as a champion for those feeling left behind by the political elite:
"If you’re dumb enough to buy what the Democrats sell… you are voting for your economic and financial destruction.”
As the 2024 election draws to an end, Bannon’s voice remains influential, drawing a stark line between his vision for America and what he sees as the failures of the current administration. For him, the stakes have never been higher, and October 29—his release date and the anniversary of America’s darkest financial day—serves as a powerful reminder of the consequences he predicts.
The Choice Is Yours
Bannon’s critique serves as a rallying cry for those dissatisfied with the current economic trajectory. As he cautions:
"Don’t come back to us later… ‘I didn’t know it, I didn’t realize it.’ No, it’s got to be very clear right now.”
Whether one agrees with Bannon’s lifestyle choices of defying the political establishment or not, his warnings are impossible to ignore. With his release just days away, Bannon’s message is clear: America is at a crossroads, and every vote counts in determining the nation’s economic future.
For more on our Flashbacks of Steve Bannon’s predictions and commentary:
"You’re Cratering, Democrats”: Bannon’s Defiant Warning as MAGA Rises Again
Flashback to Steve Bannon’s WarRoom Warnings: ‘Beware of Bush Dynasty Next Election’
Vintage Bannon ‘Shackled by Debt’: Fiery Indictment of Democrats and Their Globalist Overlords
SITREP: Bannon’s Call to Action – ‘Shut Down the Government Over the Border Crisis’
Foundational speeches by Bannon:
‘How Was MAGA Created? Who are the Deplorables?”, Historic Bannon Speeches [Oxford Union]
Unveiling the Essence of Populism: A Riveting Dialogue between Steve Bannon and Russell Brand
Steve Bannon’s Call to Minority Entrepreneurs: Reviving American Capitalism and Political Power
For more context on Bannon’s “Red Tuesday” speech, watch the full 2022 WarRoom segment:
