"We Are In Deep Trouble..." - Catherine Austin

Economic and Geopolitical Conflicts

Catherine Austin Fitts argues that current economic and geopolitical conflicts could lead to a “COVID 2.0.” In her view, crises are used to centralize control over strategic resources and weaken smaller players.

She frames tensions between the United States and BRICS as a struggle over monetary systems and energy, with the Gulf and Iran playing significant roles. She claims that a U.S. net energy surplus could leave the country relatively insulated from supply disruptions, even while consumers suffer.

Digital-Control System

Fitts warns of a three-part digital-control system:

• Digital identification: She says proposals tied to immigration and election security could accelerate digital ID systems and expand centralized control. She argues that existing laws and institutions are sufficient to address genuine problems.
• Programmable money: She cautions that CBDCs, stablecoins, and other digital currencies could embed rules about where and how money may be spent, potentially enabling surveillance or penalties. She supports legal safeguards to protect constitutional rights and preserve alternatives to programmable money.
• Technology infrastructure: She points to data centers, AI, surveillance cameras, connected vehicles, drones, and robots as components that could enable automated monitoring and enforcement. She raises concerns about systems that could restrict access to money, electricity, or transportation, as well as who would be accountable if AI-assisted weapons cause harm.

Public Finances and Corporate Reporting

Fitts questions the transparency of U.S. public finances and corporate reporting. Citing research she says she co-authored, she alleges that $21 trillion in federal accounting adjustments went unexplained. She also refers to $29 trillion in financial assistance and $5 trillion in pandemic-era stimulus, arguing that large sums have moved through systems without adequate accountability.

She further criticizes a 2018 accounting rule that, in her interpretation, allows some government information to be excluded from public financial reports. These figures and interpretations are presented as Fitts’s claims.

Presenters and Contributors

• Catherine Austin Fitts
• Dr. Sherri Tenpenny