Catherine Austin Fitts is an investment advisor, entrepreneur, former assistant secretary of housing, and an investment banker.
Solari navigating towards a financially intimate world
Sande highly recommends this clip, its long and its extremely informative about the present state of the economy and how to chart it out for yourself.
When I was a child growing up in the 1950's at 48th and Larchwood in West Philadelphia, the Solari Index was 100 percent. It was unthinkable that a child was not safe running up to the stores on Spruce Street for a popsicle and some pin ball. The Dow Jones was about 500, the Solari Index was 100 percent and our debt per person was very low. Of course I did not think about it that way at the time. All I knew was that life on the street with my buddies was sweet.
Today, the Dow Jones is over 9,000, debt per person is over $100,000 and the my favorite hairdresser in Philadelphia, Al at the Hair Hut in West Philadelphia, and I just had a debate yesterday afternoon while Al was cutting my hair about whether the Solari Index in my old neighborhood was 0 percent (my position) or 10 percent (Al's position). Men always think it is higher than women.
Despite the boy-girl spread between us, it is fair to say that Al and I agree that the Solari Index is in the tank ---both in the streets of Philadelphia and throughout America.
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