Greg Hunter – Investment adviser and former Assistant Secretary of Housing Catherine Austin Fitts says it looks like a “global recession is coming.” Is that going to cause the debt reset we’ve been hearing about for years? Fitts says, “Make no mistake about it, there is no reason for the federal government to default or monkey with any debt because they can literally print the currency. The question is how do they make sure whatever they are printing really holds any kind of store of value.
I think the reason you are seeing them re-engineer the federal bureaucracy and financial transactions infrastructure is because they want much greater and tighter control to do whatever they do, and that includes to continue to debase the currency. They could do this (reset) entirely by debasing the currency. . . .
What we are watching . . . is essentially a coup. We had a financial coup, and now we are watching a legal coup to consolidate that financial coup. I would keep my eye on the fundamental governance structure of the U.S.
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Greg Hunter – Financial expert Catherine Austin Fitts has said for years that the economy was not going to crash, but be on a “slow burn.” How long can they make this heavily indebted game last? Fitts says, “Our problem as investors is we don’t know. If you look at all the information we need to make an intelligent assessment, we don’t have access to that information.
“I have said many times this is a military question. Who has the biggest weapons and who has the ability to deliver force and control? So, we are living with maximum uncertainty. . . .
Clearly, we are headed into a new currency world that’s part of a new control system, but the answer is we don’t know when. My fear with many, many commentators is they are underestimating the power and endurance of the system. I am always getting yelled at because people think I am pro-empire. I am not saying I am pro-empire or I am for the things they are doing to keep it going.” Continue reading “We are Living with Maximum Uncertainty [Video]”
Greg Hunter – Investment advisor and former Assistant Secretary of Housing, Catherine Austin Fitts, predicts the global financial system “will take some big hits before the end of the year.”
Fitts explains, “Right now, economists say the dollar is ‘dangerous and dominant.’ It’s still, if you look at the market shares around the world, it’s still very, very significant portion of total reserves. So, it’s still very important.
At the same time, the U.S. dollar hegemony is probably not going to last forever . . . So, I think the long term dollar looks very weak. Short term, it doesn’t look like it’s coming apart anytime soon, as far as I can see. What that means is when you have something that is dangerous and dominant, you have the possibility of extreme volatility events. That’s the new code word for the ‘you know what’ hits the, you know what.
Whether it’s different countries exploding economically, or we whether are pressuring people that makes them very uncomfortable, these kinds of fights over shrinking pies are very dangerous because they mean covert wars. They mean overt wars, and the more we steal pies from each other instead of make new pies, the worse the situation gets. That’s what you are seeing. The system is not stable.”
Continue reading “Dollar Dominant & Dangerous – System Not Stable [Video]”
Greg Hunter – Money manager Catherine Austin Fitts says, “The global economy is going to be controlled from space.” Even the U.S. dollar’s viability will depend on “how good the U.S. space program is . . . . President Trump gets it.”
Fitts contends, “Trump has done a remarkable job educating the American people about the real deal. He’s currently educating people that you have to make the cash flows on trade work. That’s number one. There is such a thing as financial accountability. . . .
Number two, so he’s saying look, if we are going to stay dominate, we need to be successful in space. We need to have a ‘space force,’ and p.s. we have all these magical and mysterious weapons and wink, wink, they have something to do about space. So much of the current plan of ‘Make America Great Again,’ pull back behind the oceans, really depends on projecting power through space. I always say the satellite lanes are the sea lanes of the 21st century. That’s why this competition in space is so very important.”
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Greg Hunter – Investment adviser and former Assistant Secretary of Housing Catherine Austin Fitts warns that the “financial rape of America” is nothing more than “re-engineering” the debt based economy. This “rape” is happening from earth to space, and it connects to $21 trillion in “missing money” that has disappeared from the federal budget since the late 1990’s.
Fitts explains, “I started to look at where all this missing money from the federal government is going, and it led me into space. There are lots of questions.
In the last few years, the commitment by the American government, the European government and the Asian governments have become much more overt. There is also the commitment from the private sector. . . .It’s becoming much more feasible to do manufacturing, mining and other things in space. . . .
Continue reading “Financial Rape of America [Video]”