ITR: Global depression 2030–2036 predicted
ITR Economics, accurate 94.7% of the time since 1985, forecasts a major global depression beginning around 2030 with a trough around 2036.
Snapshot · PBD Podcast
Venezuela Earthquake, Socialists Surge in NYC, SNAP Program EXPOSED | PBD Podcast #824
Explore episode
Jun 26, 2026
Where this was said
ITR Economics: Global Depression Predicted for 2030–2036
At 1:18:16 · chapter starts 1:17:00
Patrick introduces ITR Economics — a private forecasting firm operating since 1948, claiming 94.7% accuracy by its own audited methodology — and walks through its five-driver depression thesis: aging and shrinking workforce, high government debt, rising entitlement obligations, slower productivity growth, and simultaneous demographic shifts across all developed nations. [1] — Patrick Bet-David "ITR Economics, which has been accurately forecasting economic cycles since 1948 with a 94.7% accuracy rate, predicts a major global depress…" 1:17:00 Tom responds by validating each argument: Social Security and Medicare debt are already in crisis, interest on the U.S. national debt now exceeds defense spending, and no politician on either side will campaign on the necessary reforms. He compares the coming scenario to 2008-09 — but warns this one won't bounce back to 2013, it will be a prolonged trough. Adam draws the 100-year parallel to the Great Depression: Black Tuesday 1929, 25% unemployment in the 1930s, bank failures, and a recovery only enabled by World War II. Patrick argues the only structural fix would require campaigns on cutting Social Security, slashing SNAP, and extending retirement ages — all electoral poison. He closes with practical advice: diversify into gold, real estate, stocks, crypto, and non-duplicatable assets. He also cites Social Security insolvency projected for 2032, which would trigger a mandatory 22% benefit cut affecting 70 million Americans.
ITR Economics: Global Depression Starting 2030
ITR Economics, which has been accurately forecasting economic cycles since 1948 with a 94.7% accuracy rate, predicts a major global depression beginning around 2030 and lasting until 2036. The drivers: aging populations, government debt, entitlement obligations, and slowing productivity across all developed nations simultaneously.
GTA 6: $2B production cost, 13 years
GTA 6 cost $2 billion and 13 full years to develop—more than the $1.5 billion cost to build the Burj Khalifa.
Social Security Runs Out in 2032 — 22% Cut Coming
Social Security statements have warned for over 20 years that the fund runs out around 2032. When that happens, benefits face a mandatory 22% cut. With 70 million beneficiaries and no politician willing to campaign on reform, the collision is unavoidable.
Social Security insolvency: 2032, 22% cut
Social Security is projected to become insolvent by 2032, at which point benefits could face a mandatory 22% cut affecting 70 million Americans.
Apple MacBook Air up 20% in price
Apple raised MacBook Air prices by approximately $200 (up 20%), with iPads rising 15–25%, causing a $268–270 billion drop in Apple's market capitalization.
Apple and Microsoft Price Hikes: Who's Really to Blame?
Apple raised Mac prices 15–20% and iPad prices 15–25%, wiping out $268 billion in market cap. Microsoft followed with increases up to 31%. Tom explains the root cause: chip demand has exploded with AI data centers while supply has not kept pace.
Similar snapshots
$13K MRR with $0 marketing spend
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
1 million website visitors total
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
90% of Google traffic from free tools
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Sold first SaaS for $250,000
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
$500K total revenue since launch
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
SiteGPT LTV ~$1,700–$1,800
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
50,000 monthly visitors
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT reached $10K MRR in month 1
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Stuck at $2K MRR despite downloads
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
