“Debt Equals War and Equity Equals Peace” Interview with Catherine Austin Fitts

Delbert's Note: There are two interviews here. One is the video you see below the other is with Matterhorn Asset Management I've posted partial text and have included a link to the full text. If you haven't heard her before it will be an interesting experience as she presents compelling points of where we're headed based her vast years of experience working on Wall Street, federal government, and with presidential administrations.

Catherine Austin Fitts of Solari.com says, "I think bail-ins are coming . . . the big question is not will we be able to get out insured deposits. I think the big question is how violent will things get?" Fitts biggest worry is not financial collapse. She says, "I don't think the people who run the U.S. military or run the United States government are going to say we're happy to collapse rather than go to war. They are going to go to war. They're going to shake somebody down." Fitts goes on to add, "I think gold is the greatest form of insurance you can have during this transition period." Join Greg Hunter as he goes One-on-One with money manager Catherine Austin Fitts.
On behalf of Matterhorn Asset Management, independent German financial journalist Lars Schall talked with U.S. financial investment advisor Catherine Austin Fitts. Inter alia, they discussed: the shift in the global economy; various facets of gold and currency politics; the difference between official reality and reality; some background regarding NSA & Co.; and last but not least the use of the term “conspiracy theorist”. She says: “When I hear people be derogatory about conspiracies basically that to me in my world that I grew up in is simply a symptom that they have agreed to be powerless and wear it like a badge of honor.” By Lars Schall

 Lars Schall: Catherine, are we really going through a global financial and economic crisis, or are we facing something different?

Catherine Austin Fitts: I don’t like to call it a crisis, I’d rather call it an opportunity. We’re going through an extraordinary period of change. A decision was made to rebalance the global economy to something that was much more evenly developed between the developed world and the emerging markets. That’s a very big shift. So, we’re going from being divided between developed and non-developed into a much more one-world economy. That re-balancing is a very significant shift. A part of the question in that is: What size of population can we sustain as a planet? If you look at our environmental resources, can we live in harmony with the environment because we’re not now, and to me if there is a crisis, it’s the question of: How do we come into alignment between humans and the environment and then humans with each other? We’re changing our model. In the developed world we’ve basically said we’re going to be democracies but we’re going to finance our democracies by running around the planet and kill everybody else and taking their natural resources for cheap. Now we have to convert to a model where what’s done to one is done to all and that’s part of the rebalancing, and I think, again, that it is a big change. Then finally the biggest question, Lars, is we now have the technology – and I believe we probably have had it for a while – to travel the galaxy, and the question is now we’re just one among many planets, are we confronting more advanced civilizations elsewhere and what is that going to do? You know, the history of civilizations meeting each other, it’s never good for the one that’s not technologically superior. If there is life on other planets then there are great risks in that. So, I would say that our biggest challenge is confronting the environmental issues, whether it’s space or how we come into harmony with the environment here on the planet.

 LS: Yes, but how do you come to the conclusion that we are able to do outer space travelling?

CAF: We know. It was funny, Gary McKinnon – are you aware of Gary McKinnon?

 LS: I’m not sure right now.

CAF: The way I got interested in investment in the space program was I was following fraud and extraordinary amounts of money disappearing from the mortgage programs of the federal government and then disappearing from the Treasury. That led me into a research on the black budget. But when you start to research the black budget, what you start to realize is, you know, the number one cover story is incompetence and the number two cover story is corruption. Because in fact you’re talking about an institutionalized process to shift money out of the overt economy – whether at the Government level or out of communities through organized crime and things like mortgage fraud – and you’re talking about money on an enormous scale. We’re not talking about Ferraris and off-shore accounts for Wall Street partners, we’re talking about trillions and trillions of dollars that’s going somewhere. As I started to study the black budget and study where the money was going to – and on a scale that was extraordinary – I started to research the different reports about building underground facilities and building space ships that function like UFOs are reported to function. Anyway, once, several years ago, there was a hacker…  Continue Reading

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