Categories
Jason Burack of Wall St for Main St interviewed first time guest, former Wall Street investment banker, macroeconomic expert and publisher of The Solari Report https://solari.com/, Catherine Austin Fitts.
Catherine's bio can be found here: http://solari.com/about-us/catherine/
During this 35+ minute interview, Jason starts off by asking Catherine how she thinks China will deal with the debt problems the country has with its state owned banks and municipalities?
Catherine thinks China will try to address its debt problems by a combination of growing its way out of its problems and also by printing a lot of RMB and then exporting them outside the country like how the US has done for decades with exporting massive amounts of Dollars.
Jason and Catherine discuss China copying the US in a number of ways including militarily.
Next, Jason asks Catherine about global financial repression from all the world's major economies and how economies like Japan, US, UK, EU and China are attempting to manipulate interest rates lower while also manipulating their foreign exchange rates.
Jason also asks where negative interest rate policy (NIRP), a cashless society and the US' war on cash fit into this?
Catherine talks about how governments are working together more to coordinate policy decisions. It sounds like the US is willing to relinquish some control in exchange for a one world government type setup.
Jason then asks Catherine about her January 2016 issue of The Solar Report where she talks about investing in space industry companies and the plans the central planners have for colonizing Mars and space travel.
Catherine thinks this is one of the primary reasons for setting up one world government.
Next, Jason asks Catherine if it will be a minor miracle if the major US stock market indexes don't crash before the November 2016 elections? Catherine talks about how every market is manipulated now.
Jason then asks Catherine about why Donald Trump and Bernie Sanders are becoming so popular on Main St, USA?
Catherine says Americans realized they are being destroy with inflation (currency debasement), taxes and their privacy, rights and civil liberties are being stolen.
Jason also asks Catherine where value in markets is for investors right now. Catherine says hard assets like real estate and precious metals will offer people the best inflation protection. She also says stocks may do well.
To wrap up the interview, Jason asks Cathering if the emergency Federal Reserve meeting with President Obama was due to an imminent bank failure and also possible positive solutions for people on Main St to deal with the wave of increasing inflation, taxes and loss of privacy that things like NIRP and a cashless society are predicting are coming and probably on going to get worse.