Financial Whistleblower Explains What’s About to Happen to the Economy

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Financial Whistleblower Explains What’s About to Happen to the Economy. Source: http://www.wakingtimes.com/2016/10/28/financial-whistleblower-explains-whats-happen-economy/

“How is the government going to get people to pay their taxes if the government is not viewed as legitimate?” ~Catherine Austin Fitts

The world economy is designed to fail through the mechanism of a banking system that requires all users of money to pay usury every time a transaction takes place. In this way, the financial systems of the world can be manipulated into a managed collapse, thereby causing global chaos so that the world’s nations and citizens can be tricked into demanding a global currency managed a global elite.

Problem, reaction, solution. Economic hit man John Perkins wrote about this strategy as it was used in the 20th century to bring developing nations under the control of the international monetary fund and transnational profiteers, and at present this scheme is being globalized.

“If an EHM is completely successful, the loans are so large that the debtor is forced to default on its payments after a few years. When this happens, then like the Mafia we demand our pound of flesh. This often includes one or more of the following: control over United Nations votes, the installation of military bases, or access to precious resources such as oil or the Panama Canal. Of course, the debtor still owes us the money—and another country is added to our global empire.” ~John Perkins, Confessions of an Economic Hit Man

For decades now, the dollar has been in a slow burn style of collapse, and while many journalists, primarily outside of the mainstream, have been warning the world about how and why this is happening, we’re quickly approaching a turning point, where the slow burn moves into something more severe. While at first glance this seems like a frightening potentiality, the truth is that an economic collapse may very well be our best chance at freeing ourselves from the rule of the Gods of Money.

A Whistleblower Warns Us and Gives Us Hope

Speaking to Greg Hunter of USA Watchdog news, former Wall Street banker and former Assistant Secretary of Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development in the first Bush Administration, Catherine Austin Fitts explains why the slow burn is about to come to an end.

“The system has the capacity with monetary policy in one sense to keep going forever if the force and military capacity is there to do it, but at some point, you burn through the fat, you burn through the muscle and then you have to change institutions.” ~Catherine Austin Fitts.

During the financial crisis of 2008, the government was able to prevent an uncontrolled firestorm collapse of the system by colluding with the chiefs of the financial sector, giving them bailouts of extraordinary magnitude, then inflating the dollar by the Federal Reserve’s introduction of quantitative easing. Eight years later, this tactic has reached its limit, however it has given the public significant reason and time to understand why our economy functions the way it does, and people are losing faith in our leadership.

“It’s going to be extremely difficult to get people to continue to pay their taxes when they’re highly confident the money’s not being spent legally and it’s going to the advantage of small parties or things that they don’t understand. And so you can’t move further without institutional overhaul.” ~Catherine Austin Fitts

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Comments

Hardball Hall says:

All we are is just Bricks in The Wall!

jack mann says:

What whistle blower ?

Don Desnoo says:

save your quarters if there's electric you can still buy Pepsi & a stale donut if lockup occurs

Natalie Sugimoto says:

NO COMMENT…HUM

Steve Read (TruthBknown) says:

robot voice!? not worth watching.

Sacabubu Kukku says:

only way to increase the economy is to decrease govt power in private sector. whenever the govt gets involved in private practices the price racks up. college tuition nowadays is so high because of govt subsidies. we need to protest for less regulation in private sector instead of trying to take money away from the 1% who we need to make investments in such endeavors

edmack4me says:

But the public are sheeple.

restfulsole says:

yea right nothing wake up !!! already people are getting laid off or loosing there jobs and getting hrs cut . closing down businesses yea right nothing.

rickster348 says:

– it's the Jew controlled central bank's.

horsefaceemily says:

The jooz got us good.

David Jones says:

The corruption must be stopped,and the offenders put in jail.

DitchDollar HoldGldSlvrBitcoin says:

stop paying taxes to the illegal federal reserve and the illegal IRS. Starve this war mongering beast. United we stand and united we win. Here's to the winners.

Cosmo Ray says:

Yup. You said it. Stop paying your taxes …so you can starve the beast.

frank kociara says:

if I had a dollar for everyone who called for an economy collapse, I could survive 2 collapses

Thumper42o says:

^^ Puffy Love Bubbles ^^

Luis Hernandez says:

Layered manufacturing and recycling is here, fuck your economy.

Quinn Burpino says:

A lot of people are getting money and attention predicting the collapse of the economy like it is a hopeful thing. In fact I remember storing water and bags of rice back in the 80s and we are still here. I think the best thing is to listen to the actual videos of Catherine Fitts and see what she actually says in the context it belongs.

Kuku Nirvana says:

You know what…. You think you people are Invincible, but you are just another muthafuking stained page in the history book that time writes without any distortion. So many of you came and disappeared. You are just living through the tail end of your time, so carrying weapons and/or fighting for sake of it changes nothing. What goes up, must come down…..

Deborah Sinico says:

Ok ~ Guys. I listen to Catherine Austin Fitts all the time! I even get her weekly Solari Report, & I'm subscribed to Greg Hunter. She didn't suggest non-human entities ~ Not sure where you picked that up! What she may have suggested that debt could very well be off planet building out as she often talks about moving from 2.0 to 3.0. I even went to a Luncheon here in New York City that Catherine gave a conference w/Richard Dolan. Very interesting & it was nice to hang out w/like minded people ~ So, hard to find these days!

AboxofMonsters says:

There is no contract when fraud is involved IF Trump wins he will go that road I'm sure IF Hillary cheats in well it will or should be business as usual And this is why ..Our military is still made up of good ole boys if a foreign power try's to take collateral and set up bases here that's going to make for some problems. If the military sides with foreign powers then that will activate the unorganized militia and just one state Michigan has more members then any army on the planet Two million highly trained bad mutter Fr's that meet every year before sunrise …opening day of deer season. Men that can sit in deer stand and not blink for hours in bitter cold mornings Times that number by 48 other states that hunt. lol. They don't need any fancy military hardware just a power bar and Walmart camos . So for china and Russia or any military who certainly go through comments here you should just write off that fake debt . You also need America because you make all our stuff but we can easily live with out that crap. Yard sales have it . So carry on business as usual ! parents don't let your kids come to America hunting season is a 3 billion dollar a year industry and you make 40% of that money as much of that crap comes you..they will use last years crap. Also funny is Your Obama thought he was cute by taking the military copters from the national guard but you did not see those four NG generals put up much of a fuss. Helicopters don't win wars and no war can be won on home turf That aggression will bankrupt your country of money, resources and your able men. Just an observation from a guy who spends a lot of time in the woods walks past plenty of deer stands during deer season that I never see ..that's a reality . The whole idea of capturing America is just silly. Stay home to many variables here. Think about reality.

Mr99RICH99 says:

what's gonna happen to the economy is NOTHING !!

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