In a Tapeworm Economy, a small group of insiders consolidate political and economic power at the expense of people, living things and our environment in a manner that destroys real wealth. A Tapeworm Economy is one in which it is considered acceptable to make money from doing things that cause the Popsicle Index to go down. Those who achieve money and power by driving the Popsicle Index down are considered socially acceptable, even admired. In investment terms, it is an economy with a negative return on investment. It is parasitic in nature.
The first step in moving to financial intimacy is to reduce our complicity and to navigate away from The Tapeworm. The second step is to identify opportunities to reduce risks and shift power and resources in decentralizing ways to ourselves, our family and our network and to a wider world that represent excellence and sound investments of our time and money.
To take these steps, it helps to see The Tapeworm clearly and how Tapeworm political and financial interests --- both overt and covert -- are woven throughout our lives, our networks and assets.
Catherine Austin Fitts has collaborated with reporters, researchers, and publishers globally to illuminate the financing and mechanics of The Tapeworm Economy. In the process, she has published articles and recorded interviews. A selection is listed HERE....
Catherine Austin Fitts offers a unique perspective on the global financial system and on the political economy. Her background includes: Wall Street: Managing Director and member of the Board, Dillon Read & Co. Inc.; Government: Assistant Secretary of Housing - Federal Housing Commissioner; Entrepreneur: President and founder of Hamilton Securities investment bank. Catherine has designed and closed over $25 billion of transactions and investments to-date and has led portfolio strategy for $300 billion of financial assets and liabilities.
Catherine Austin Fitts Background and Resume
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