The Solari Report
2nd Quarter 2016 Wrap Up

Introduction

"The debt-financed growth model has reached its limits. There are no short-cuts that aren't reforms." ~Wolfgang Schäuble, German finance minister, at G20 meeting in Shanghai

By Catherine Austin Fitts

The debt growth model is done, and we are entering a period of institutional reform. We must emerge good leadership forward. If our leadership fails us, war, organized crime and lawlessness will make our choices for us. Who you choose to be, to support or to shun in your daily life will decide our future.

No other question is more important than "who leads?" As sovereign individuals, we can choose to lead. In so doing, we must support and align ourselves with other leaders around us who are effective in the wider world. One of our first Solari Report slogans was, "Who's your farmer, who's your banker, where's your money?" As millions of people allocate their time, attention, and resources every day, thus we invent our world together.

Trust in political and banking leadership in the United States and the G-7 is dangerously low and falling. Consequently, I thought the 2nd Quarter Wrap Up would be a good place to revisit the fundamental issues of how we create a prosperous world based on real productivity rather than secrecy, force, and government debt. Understanding that a world both productive and human is possible is the first step to shift the course of events and to ensure that technical innovation now underway serves humanity and life.

We are publishing our 2nd Quarter Wrap Up throughout July in the following parts:

• News Trends & Stories: We start with a rich discussion with Dr. Joseph P. Farrell for News Trends & Stories, Part I and Part II. Part I begins with a deep discussion of Brexit, clearly the most momentous event yet of 2016 thus far, and covers Economy & Financial Markets and Geopolitics. In Part II the following week, Dr. Farrell and I will cover Science & Technology and The Big Questions. Our web presentation for News Trends & Stories includes a complete list of trends and links to the stories that best summarize events in the 2nd Quarter. Carefully culled from our website weekly Top Picks and Commentaries, the Solari Report team's goal is to ensure that you are exceptionally knowledgeable about current events but with a minimum investment of your time.

• Financial Markets Roundup: In the third week, I will review the 2nd Quarter financial market performance. Our web presentation for Financial Markets Roundup includes supporting charts covering the US Dollar and the Equities, Fixed Income and Commodities markets. We will also publish the latest Blockbuster Chartology from Rambus in the same week, making this a particularly rich discussion of trends in the equity and precious metals markets.

• Productivity, Prosperity & the Popsicle Index: In the fourth week, I will publish my review of productivity and prosperity, of why political and business leadership is concerned and what is possible if we take the necessary steps to create a prosperous society.

Brexit has "rung the bell" on the unipolar world. The United States must adjust to a multipolar world. The signs are everywhere. This is a time of great opportunity - a time when you can make a difference. We wouldn't miss it for the world. We are very glad to be sharing the road with you.

Speaking of "the road," I look forward to seeing many of you during the 3rd Quarter. I will be in New York, Zurich, the Rhone Valley, Lake Constance (Germany) and Amsterdam, then road tripping from Tennessee to and from California through Santa Fe, Las Vegas, Reno, Davis, Palo Alto, San Francisco, Pasadena, and Austin, Texas.

On behalf of the entire team at the Solari Report, I wish you good hunting!