“No one warned us. No one said you are going to lose two engines at a lower altitude than any jet in history. This was dual engine loss at 2,800 feet followed by an immediate water landing with 155 souls on board. No one has ever trained for an incident like that.” ~Captain Chesley “Sully” Sullenberger
By Catherine Austin Fitts
This Thursday we begin our roll out of the 2016 Annual Wrap Up!
This year’s Wrap Up brings valuable perspective onto what happened in 2016, the changes underway now and events ahead. Our theme this year is “The Global Harvest and What It Means to Investors” – because food is the heart of local and global economic and political success.
We will start this Thursday with my Introduction and Overview as well as the first part of our conversation with Dr. Joseph Farrell on News Trends & Stories. Dr. Farrell and I will be cover Economy & Financial Markets, Geopolitics and Culture. The following week we will cover Science & Technology, The Unanswered Questions of 2017 and Inspiration. You can follow and link to the selection of stories on the 2016 Annual Wrap Up web presentation.
In all of our Annual Wrap Ups to date, I have told you there is a good chance that the “slow burn “will continue through the next year. Not this year.
The heat is turned up and we are moving into a financial pressure cooker. With the financial coup accomplished and the debt growth model coming to an end, thousands of institutions will be forced into “controlled demolitions” – pension funds are cutting benefits, insurance companies are canceling policies, and companies will continue to layoff, move, close down or declare bankruptcy.
In the face of this wave of financial defaults, our opportunity is to reengineer government investment and expenditures from a negative to a positive return. Can we do it? If we don’t, we are headed into a long and difficult financial squeeze. You will want to access our business and investment scenarios for 2017 when we cover them in our Equity Overview in the third week.
In Money & Markets this week I will answer your questions in Ask Catherine. Make sure you e-mail or post your questions.
For Let’s Go to the Movies, I am happy to announce that Sully has been chosen as Solari Report Movie of the Year. Congratulations to Clint Eastwood and the cast for creating a marvelous movie about truly extraordinary leadership – Captain Chesley Burnett “Sully” Sullenberger III and the “Miracle on the Hudson.” Inspiring leadership in each and every person is exactly what we need when the unexpected is all around. Leaders invent their futures – and that is exactly what we will do together in 2017.
Talk to you Thursday!