Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mother earth

(6,002 posts)
Sat May 16, 2015, 09:29 AM May 2015

Greg Hunter Interviews Catherine Austin Fitts, Major Turning Point Comes This Fall



Published on May 5, 2015


Even though financial expert Catherine Austin Fitts thinks the chance of total collapse is “relatively small” she’s not discounting the chance of a major move this fall. Fitts contends, “I think this fall is going to be a major turning point. You see the SDR (Special Drawing Rights) system coming to a head. The U.S. budget is going to be a very difficult debate. You see the push to get the Trans-Pacific Partnership (TPP) and the EU deal done. You have a lot of institutional relationships that needed to be restructured in the last couple of years. Those changes are all coming to a head, and so we are going to get a big shift. If you are managing a big bond fund, you got a big problem. . . . There is going to be a turn in the bond market or a plateau, and that’s going to be uncomfortable for those guys, and we are going to see some messy times.”

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine Austin Fitts, founder of Solari.com

------------

She touches on debt entrapment, Col. Wilkerson, Snowden, drive to privatize giant monopolies, control through spying and profiting off of failure for profit, Snowden/Putin, BRICS, status quo coming up as part of 2016 election, US budget, TPP, EU deal, bond market, all coming to a head.

Last year she described our economy as "the slow burn"...best description I've heard.
6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Greg Hunter Interviews Catherine Austin Fitts, Major Turning Point Comes This Fall (Original Post) mother earth May 2015 OP
Bookmark for later watch...Thanks! KoKo May 2015 #1
She's not one that harps on gold, I disregard those, if TSHTF it is not going to mother earth May 2015 #4
It's going to come down to a choice against force... MrMickeysMom May 2015 #2
As Richard Wolff says, when it happens, weeks can change decades. mother earth May 2015 #3
Yeah… I remember him saying that, now MrMickeysMom May 2015 #5
:) What's not to love? mother earth May 2015 #6

mother earth

(6,002 posts)
4. She's not one that harps on gold, I disregard those, if TSHTF it is not going to
Sat May 16, 2015, 06:07 PM
May 2015

matter how much gold you've invested in. The other thing about her is that she tends to downplay while some are screaming bloody murder. Her assessment of the economy as a "slow burn" is something that resonated with me way back when I first heard it, it remains true and the best description I've ever heard.

I also don't think anyone benefits from collapse, BUT if there were to be one it could seemingly be due to implosion of out of control issues & it is not like there's a shortage of those. In fact, one is left wondering why the total barrage of slams against the working class? For one, it is a wealth creator & garage sale /land grab for the "job creators" (LOL), austerity for the oligarchs, beyond that it is simply dangerous greed and feeding a drive to arm the peasants with pitchforks.

Talk about lipstick on a pig, who is being served? Pigs at the trough may bring a day of reckoning.

MrMickeysMom

(20,453 posts)
2. It's going to come down to a choice against force...
Sat May 16, 2015, 01:58 PM
May 2015

But, a strange thing about the kind of war based economy that we've had all this time is that eventually, relentless force, even military force can be knocked over like a feather, if we are TRULY fed up and STAND up on a global scale.

Does this seem too far fetched an outcome? I believe we will know a HELL of a lot more, come the end of this year.

Latest Discussions»Issue Forums»Economy»Greg Hunter Interviews Ca...