Shami-Amourae
5th May 2015, 10:52 PM
https://www.youtube.com/watch?v=K73gNKjFx0I
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 U.S. 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.”
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 U.S. 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.”