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Catherine Austin Fitts: Major Turning Point Comes this Fall

Sunday, May 24, 2015 22:51

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NO BEATING AROUND THE BUSH !

Catherine Austin Fitts:
Major Turning Point
Comes this Fall

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 US 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.”

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Catherine Austin Fitts: Major Turning Point Comes this Fall

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