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This Thursday night on The Solari Report is our 2nd Quarter Wrap-up.

In our year-end wrap up, 2010: The Road Turns East, I said that in 2011 the economy would continue in a Slow Burn. Indeed it has. In the second quarter, numerous events underscored how the political economy is engineering the slow burn, including the maintenance of the dollar as the global reserve currency and the shift towards a new global currency system.

Our wrap up will look at the events of the second quarter through the lens of the use of the financial system as a governance system - re-enengineering sovereign nations through a combination of credit and debt management, free trade agreements and IMF deals. Indeed the system has become so bold that the head of the IMF can be removed with a tabloid sex charge, only to have the accusations come apart as soon as the preferred replacement is approved by the IMF board.

How do we connect the dots between allegations that the Army Corp of Engineers is flooding farmland, and then offering to buy out farmers cheap, the President signing a new Executive Order on Rural Development with the continued suicides of Indian farmers and the global push for GMO seed? How does the continuing global spraying contribute to unusual weather patterns that are accelerating the consolidation of agriculture? And what does the global control of farmland, seed and food supply have to do with the emergence of a new currency system?

More at the blog.


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Catherine Austin Fitts' Blog  

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Nothing in this Solari Update should be taken as individual investment advice. Anyone seeking investment advice for his or her personal financial situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate investment strategy.

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