Catherine Austin Fitts: Real Danger Is Violence and World War. Before There is Another Big Financial Crash, There Will Be a Big War
[youtube=https://www.youtube.com/watch?v=1SL8NEn5ljs]
- Catherine Austin Fitts: Real Danger Is Violence and World War
by Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Financial expert Catherine Austin Fitts has long said before there is another big financial crash, there will be a big war. Fitts explains, “If you look at how fragile the geopolitics are, the danger, as I have always said, is that we go to violence, and then things really come unhinged. So, I’m worried about violence and war and kind of situation getting out of hand. That’s when you get the really dangerous scenarios.”
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What is the biggest financial problem the world faces? Fitts, who is an expert in the federal budget and a former Assistant Housing Secretary, says, “The reality is the big mother lode on the whole planet, whether you are talking about derivatives, the bond market or the stock market, is the U.S. federal budget. What is slowly begging to happen is the dawning realization that we are not only going to have to reengineer and cut the federal budget, but we are talking about reinventing the U.S. economy. There are going to be extraordinary choices, and this is why nobody wanted to be the Speaker of the House. Paul Ryan did not want to be the Speaker because Paul Ryan knows this is coming. They will probably be able to delay it until after the election (2016), but then after the election, we’re going to have to sit down and say we can’t keep doing this. Why is this relevant? All the markets globally work off the federal budget. It is extraordinary the amount of cash flows and credit that work off the federal budget. The credit and cash flows coming out of that budget are enormous. The reality is it is going to have to be reengineered. That’s going to be a very shocking experience for many people.”
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Date: Tue, 24 Nov 2015 02:03:24 +0000 To: rdr6@outlook.com