“My high octane speculation for today reiterates something I’ve suggested in many previous blogs: with the commmercialization of space comes the inevitable necessity of protecting those national assets, but with the mining of space and local celestial bodies like the Moon, comes the necessity of protecting those assets, and the “sea lanes” to them. And that requires not only the need to re-position American assets currently available further out, it also requires new military-space assets to be positioned further out. One can even go so far as to envision “seleno-synchronous” orbits for satellites around the Moon, and occupying various layered orbits between the Earth and the Moon.  If this reading of these stories be correct, then this means the USA and China – and therefore inevitably Japan, india, Europe, and Russia – are about to embark on a massive increase in space-related activity, both military and commercial.” ~ Dr. Joseph P. Farrell, May 17, 2016

By Catherine Austin Fitts

We continue our publication of the 2nd Quarter Wrap Up this week with News Trends & Stories, Part II.

Last week, in Part I, Dr. Farrell and I covered Economy and Financial Markets and Geopolitics, including a serious discussion of Brexit. This was a very timely discussion. Dr. Farrell and I believe that Brexit reflects the British establishment preference to move the United Kingdom and the Commonwealth to a more independent role in a multipolar world. The latest headlines — Washington tensions, Putin’s warnings about the buildup towards war, Tony Blair’s defense of his Iraq record, and the NATO buildup in Eastern Europe, including British troops moving into Estonia and Poland — affirm the soundness of the British strategy. The world does not need Iraq II, let alone World War III.

This week in Part II, Dr. Farrell and I will cover Science and Technology and The Big Questions.  This part includes a discussion of the explosive global investment in space exploration and the space-based economy, including some of the incredible stories that defined what is happening in space this year.

Make sure to check our web presentation for the complete listing of News Trends & Stories for the 2nd Quarter. Log in and access it through your subscriber links.

Stay tuned for the final two parts of the 2nd Quarter Wrap Up in the third and fourth week of July:

• Financial Market Roundup: In the third week, we will combine a written Blockbuster Chartology from master technician Rambus with my Equity Overview. Make sure to check our web presentation for the complete roundup of financial market charts as of June 30.

• Productivity, Prosperity & the Popsicle Index: Finally, our big theme.  How do we blast through the Orwellian BS about productivity coming out of folks like Alan Greenspan? How do we get down to what needs to be done and integrate dazzling innovation with real human productivity and prosperity? We will post our discussion of the “real deal” on productivity and prosperity in our final week.

Please make sure to e-mail or post your questions for Ask Catherine!

Talk to you on Thursday!

Related Reading

2nd Quarter Wrap Up 2016: News Trends & Stories, Part I

 1st Quarter Wrap Up 2016: Where to Stash You Cash in 2016

Annual Wrap Up 2015: Space: Here We Go!

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