by Chris Waltzek
Catherine Austin Fitts, former Assistant Secretary of Housing and Federal Housing Commissioner and president of Solari, Inc., publisher of the Solari Report, returns to the show. She’s concerned by the crumbling US infastructure and lack of constructive efforts to rectify the situation. Whereas, China continues to pour funds into its infastructure. On a trip to China she discovered that 80% of the legislature is written by economists / engineers, while 90% of US legislation is dictated by attornies. Our guest is convinced that investment in infastructure will determine if the bifurcated economy unites as a viable competitive engine. The former Wall Street maven says US stocks are overdue for a correction, supporting and echoing the sentiments of virtually all recent guests. The US dollar rally, fomented by the Fed rate hike policies, could jeopardize the global equity market rally.
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