By Catherine Austin Fitts

Theme:

Back in the USA: It’s Time to Jump the Curve!

Review of Markets

Stories:


    AI & Robotics – see the signs

  • AI Superpowers: China passing us in tech; push for 5G and the cloud is to get the data needed for AI
  • Jack Ma intends to jump the curve on AI and robotics
  • Siri & Alexa: “Its”, not “She”: This is mind control; don’t fall for it
  • The Boys Strike Again – Gender ‘X’: New York City to add third gender option to birth certificates: Real deal – anticipating robots made citizens and taxed as workers Oregon, California, Washington, New Jersey, New York (Tech and Money Centers) Massachusetts has on drivers licenses.
  • Google Video post election leaks: mind controlled techies can not compete with people who do understand the world

    • Dollar Trouble & Submerging Markets

  • Dollar Trouble: Not price; Extreme Actions to Protect the Dollar
  • Submerging Markets: Venezuela, Turkey, Argentina, Brazil, Egypt, Russia
  • 80% dive in Cryptocurrencies: Dump in, pump and dump.
  • Hague Judges Threatened with Financial Sanctions
  • Fed Financial Squeeze; US Interest Expense Ballooning
  • Global interest rates: From Negative to 13%

    • China & Russias Alliance Building

  • Eastern Economic Forum
  • US Proposes China Trade Talks; China Sweettalks Multinationals;Pressure on Taiwan
  • Economist, Council on Foreign Relations: Why the West Got China Wrong
  • Russia and China: War Games, Eastern Economic Forum, Alibaba does 10% deal with Mail.Ru Group – Russian Internet Leader


    • Other Stories

  • Swamp Drama: White House Counsel
  • $21 Trillion Missing Money
  • What’s Up with Hurricane Florence?
  • Vatican calls summit of Biships in February on sex abuse
  • Palestinian Genocide: War with Iran; Mattis to Afghanistan

    • and more….

Hero:

The Asheville Line Up: Dr. Mark Skidmore, Jon Rappoport, Alan Phillips + More

Let’s Go to the Movies

Haute Cuisine

Subscriber Charts: September 12, 2018

Set One: Asia, Commodities, Precious Metals, Brazil

Set Two: Emerging Markets, Europe-Asia-Australia, Frontier, India, International Equities, International Equities Minus U.S.

Set Three: Global Health Care, Europe, Germany, Greece, $ US Dollar, Fixed Income: 20 Year Treasury, 7-10 Year Treasury, Aggregate Treasury

Set Four: US Robotics, US Domestics, US Home Builders, S&P 500 Large Cap, Dow Jones REIT, US Real Estate, S&P 500, High Yield Bond, US Dollar, Gold Miners

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48 Comments

  1. Hi Catherine

    Would you recommend a young person to buy real estate with 20% down and the rest
    of the purchase price to be a mortgage?

    You may not be able to answer this question due to legal liablility.

    Thank you.

    1. Recent article in The Economist says that 3% down with 50% debt to income ratio is now possible for mortgages … another trap?
      https://www.economist.com/briefing/2018/09/06/lehman-ten-years-on-more-has-changed-than-meets-the-eye

      “Nowhere is this more true than in housing finance. Fannie and Freddie have been granted the right to issue loans on the basis of down-payments as low as 3% and debt-to-income ratios of up to 50%. The sharpest increases in recent housing prices have been in low-cost homes, 84% of which are guaranteed by those two institutions and the Federal Housing Administration, which provides insurance. “

    2. Michael:

      Depends on the person and their financial profile and resources, the market and the location and nature of the house. Not possible to respond generically.

      Critical issues:

      1. Can they carry the mortgage in all reasonable scenarios?
      2. Do they have an excellent handle on maintenance expenses and necessary reserves?
      3. How much value would the home bring to them in terms of health and family stability?
      4. Do they like taking care of a home – adds 20 plus hours a week of work?
      5. Do they have a trustworthy lender – or do they have to depend on systems that expose them to servicing fraud
      6. Is the market strong in the global 3.0 Scenario?
      7. Are their skills strong in the global 3.0 Scenario?
      8. Is the jurisdiction trustworthy and economic?
      9. Are there reliable home insurance providers
      10. Did the buy make sure to get an excellent inspection
      11. Are there attractive options for a lease with an option to purchase at a pre-arranged price or seller financing?

      I can go over this in Ask Catherine this week if that would help. We have a Solari Report on buying a home with Gary Eldred – author of one of the best books I have found yet to help with due diligence.

      The 106 Common Mistakes Homebuyers Make (& How to Avoid Them) Paperback – February 27, 1998
      by Gary W. Eldred (Author)

      AIER.org also has good homebuying materials.

      1. Could you please give a link to the Solari Report on buying a hoe with Gary Eldred? I typed Gary Eldred in the “Search” box, but came up with nothing.
        Thanks.

      2. Hi Catherine

        If the young couple living in Colorado Springs decide to purchase and they are
        uncertain because the price run up had been steep, it would cost them about 21% of gross income for mortgage and property tax. Not sure if Colorado Springs is
        global 3.0 scenario though.

        Thank you again, I have printed your answer and will give them you answers.

        Best Regards,

        Mike

  2. Hi Catherine

    Would you recommend a young person to buy real estate with 20% down and the rest
    of the purchase price to be a mortgage?

    You may not be able to answer this question due to legal liablility.

    Thank you.

    1. Recent article in The Economist says that 3% down with 50% debt to income ratio is now possible for mortgages … another trap?
      https://www.economist.com/briefing/2018/09/06/lehman-ten-years-on-more-has-changed-than-meets-the-eye

      “Nowhere is this more true than in housing finance. Fannie and Freddie have been granted the right to issue loans on the basis of down-payments as low as 3% and debt-to-income ratios of up to 50%. The sharpest increases in recent housing prices have been in low-cost homes, 84% of which are guaranteed by those two institutions and the Federal Housing Administration, which provides insurance. “

    2. Michael:

      Depends on the person and their financial profile and resources, the market and the location and nature of the house. Not possible to respond generically.

      Critical issues:

      1. Can they carry the mortgage in all reasonable scenarios?
      2. Do they have an excellent handle on maintenance expenses and necessary reserves?
      3. How much value would the home bring to them in terms of health and family stability?
      4. Do they like taking care of a home – adds 20 plus hours a week of work?
      5. Do they have a trustworthy lender – or do they have to depend on systems that expose them to servicing fraud
      6. Is the market strong in the global 3.0 Scenario?
      7. Are their skills strong in the global 3.0 Scenario?
      8. Is the jurisdiction trustworthy and economic?
      9. Are there reliable home insurance providers
      10. Did the buy make sure to get an excellent inspection
      11. Are there attractive options for a lease with an option to purchase at a pre-arranged price or seller financing?

      I can go over this in Ask Catherine this week if that would help. We have a Solari Report on buying a home with Gary Eldred – author of one of the best books I have found yet to help with due diligence.

      The 106 Common Mistakes Homebuyers Make (& How to Avoid Them) Paperback – February 27, 1998
      by Gary W. Eldred (Author)

      AIER.org also has good homebuying materials.

      1. Could you please give a link to the Solari Report on buying a hoe with Gary Eldred? I typed Gary Eldred in the “Search” box, but came up with nothing.
        Thanks.

      2. Hi Catherine

        If the young couple living in Colorado Springs decide to purchase and they are
        uncertain because the price run up had been steep, it would cost them about 21% of gross income for mortgage and property tax. Not sure if Colorado Springs is
        global 3.0 scenario though.

        Thank you again, I have printed your answer and will give them you answers.

        Best Regards,

        Mike

  3. Harvey Redeux?

    Gee another major hurricane with another nickname (Hurricane of a Lifetime) that is forecast to stall out just after to reaching the coastline. Disaster capitalism on another coastline with unprecedented rainfall & subsequent rebuilding. Just waiting for Algore to bring up Global Warming – again.

    Frustrating … sad for those affected … prayers for those who won’t make it thru this one. Since we have weather weapons (HAARP that we know of …) this storm could probably be turned away or dissipated.

    Hurricane Harvey and the 1.2 MILLION burned acres just in California – now this!?

  4. Harvey Redeux?

    Gee another major hurricane with another nickname (Hurricane of a Lifetime) that is forecast to stall out just after to reaching the coastline. Disaster capitalism on another coastline with unprecedented rainfall & subsequent rebuilding. Just waiting for Algore to bring up Global Warming – again.

    Frustrating … sad for those affected … prayers for those who won’t make it thru this one. Since we have weather weapons (HAARP that we know of …) this storm could probably be turned away or dissipated.

    Hurricane Harvey and the 1.2 MILLION burned acres just in California – now this!?

  5. So, if robots are on the payroll and subject to tax:
    1. why are they even ‘paid’? do the corporations really need the tax write-off when they can avoid taxes in other ways?
    2. do the robots then get bank accounts and if so for what purpose? who owns the bank accounts? is that a windfall for the corporations employing them?

    1. All the parties that are supported through payroll and taxes on labor – from the municipalities to the black budget – and the corporations that do all those contracts and sell products to them need the cash flow to continue their operations. So that cash flow must be provided if human labor diminishes. Question is how. One way is a “payroll” tax on robots.
      No need to provide an income to robots – just the tax to the municipality. Although there are obviously systems where you could allocate income to robots and then assign allocation of the income for expenditure by algorithim or designated control parties, such as the robot owner.

Comments are closed.