By Catherine Austin Fitts

Theme:

The Friction of War

Stories:

  • Former Bank of England Governor Mervyn King – “The World Turned Upside Down: Economic Policy in Turbulent Times” or “The Great Stagnation.” Link
  • Quantum Computing
  • Fusion Energy Breakthroughs
  • Anti Technocracy Demos and Unrest in Recent Weeks: Hong Kong. Chile. Lebanon. Indonesia. Netherlands. France. Germany. Russia. Peru. Haiti. Egypt. Syria. Ecuador. Portugal. Catalan/Spain.
  • Basel Workshop and Swiss Elections
  • FASAB 56 cleanup continues
  • Political Furballs: Brexit Ahead, Cummings Funeral, Impeachment Process Gets More Serious
  • Back Down in the IPO Market
  • FT: “Argentina bondholders brace for steep losses; oil patch rollovers and bankruptcies”
  • Israeli pharma co Teva and 3 US distributors settle opioid charges with 2 Ohio counties on eve of trial; Israeli diamond industry sales down
  • Netanyahu fails to create coalition government; now is Gantz turn
  • The meaning of Mexican drug wars
  • DOJ denied use of Godfather II clip in Roger Stone trial
  • More California Blackouts and fires
  • Banks Lobbying Fed for S-T Liquidity Facility – More Liquidity Stress in the Money Markets
  • Erdogon’s Nuclear Ambitions and US Nuclear Weapons in Turkey

Interview:

Future Science Series – The Mathematics of the Genetic Code – Where Does the Information Come From? with Ulrike Granögger

Hero:

Prof. Simon E. Shnoll

Let’s Go to the Movies:

The Information Enigma. (Dr. Stephen C. Meyer)

Blast from the Past

Financial Coup d’Etat

30 Comments

  1. Catherine, I have to ask you/Ron Kirby for your take on the apparently accelerating banking system liquidity crisis.
    My suspicion is that the Fed HAS to keep the banks from bidding for deposits by offering higher rates. In other words, it cannot let rates normalize via bank supply/demand for liquidity, as it must “mitigate the risk of money market pressures that could adversely affect policy implementation”.
    Also, I can’t help but suspect that the collateral for these repo operations is itself hyper-hypothecated. For instance, isn’t it highly likely that the SAME T-bill/notes are being pledged as collateral for cash by many different banks?
    I know Kirby thinks it may be “all about bad energy loans” that cannot be repaid, which also makes sense as part of this giant mess.
    Just trying to synthesize the scope of what in my mind is a mute – but giant – crisis.
    Any comments thoughts you might have are greatly appreciated.

  2. Catherine, I have to ask you/Ron Kirby for your take on the apparently accelerating banking system liquidity crisis.
    My suspicion is that the Fed HAS to keep the banks from bidding for deposits by offering higher rates. In other words, it cannot let rates normalize via bank supply/demand for liquidity, as it must “mitigate the risk of money market pressures that could adversely affect policy implementation”.
    Also, I can’t help but suspect that the collateral for these repo operations is itself hyper-hypothecated. For instance, isn’t it highly likely that the SAME T-bill/notes are being pledged as collateral for cash by many different banks?
    I know Kirby thinks it may be “all about bad energy loans” that cannot be repaid, which also makes sense as part of this giant mess.
    Just trying to synthesize the scope of what in my mind is a mute – but giant – crisis.
    Any comments thoughts you might have are greatly appreciated.

  5. Dear Catherine,
    I am currently in north county San Diego visitng relatives. In the month or so since I have been here there has only been one day when chemtrail / geoengineering spraying has taken place. Not so long ago folks here suffered through almost daily doses of atmospheric spraying. Perhaps the powers that be are more involved with northern California these days. Whatever the reason people here are thankful for the sharp reduction in spraying.

    1. Happy to hear it! I grew up in that area—the sky and clouds used to be so beautiful there.

  6. Dear Catherine,
    I am currently in north county San Diego visitng relatives. In the month or so since I have been here there has only been one day when chemtrail / geoengineering spraying has taken place. Not so long ago folks here suffered through almost daily doses of atmospheric spraying. Perhaps the powers that be are more involved with northern California these days. Whatever the reason people here are thankful for the sharp reduction in spraying.

    1. Happy to hear it! I grew up in that area—the sky and clouds used to be so beautiful there.

    1. Not surprising. All Big banks number #1 holding is Microsoft. Whatever huge percentage of computers uses windows.

    2. Yes, that was quite a fight. Bezo’s now has a graduate degree in Deep State Tactics.

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