Former Wall St. Banker Suggests Global Debt May Not be Owned by Humans


Is the world economy a closed system or an open system? In other words, are the world’s financial elite conducting transactions with off-planet entities, enslaving the human race to unseen actors?

The world’s people are held in perpetual bondage to the fiat currency money masters who have saddled us with absolutely insurmountable debt obligations which are mathematically impossible to repay. At present, the CIA estimates the total global debt to be nearing $90 trillion.

“In 2013, according to the CIA’s World Factbook, the GWP totalled approximately US $87.25 trillion in terms of purchasing power parity (PPP), and around US $74.31 trillion in nominal terms.” [Source]

The gross world product, the nominal value of planetary human endeavor per year, was recentlyestimated at $78 trillion, meaning nearly an entire year of the productivity of every man, woman and child on planet earth, some 7.4 billion people, is owed to someone, but who exactly no one really knows for sure. How is this possible?

As nations like Greece are forced into austerity and unnecessary hardship by private banks, it is becoming ever more clear to the people of the world that debt-based currency is being used to conquer nations and enslave free people. The fiat money scheme is so absurd, so detrimental to human progress, that any sane person has to wonder why the global debt cannot just be written off with a few key strokes, allowing the world’s economy to again thrive.

In fact it can be written off, as was implied by former Federal Reserve Chairman, Alan Greenspan.

“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” ~Alan Greenspan

In other words, the money, ie., the debt, is meaningless, only having value if governments around the world use law and the violence of authority to enforce their citizens into payment of these fraudulent obligations, which is indeed happening the world over.

“I thought about the core tools we EHMs (economic hit men) used in my day: false economics that included distorted financial analyses, inflated projections, and rigged accounting books; secrecy, deception, threats, bribes, and extortion; false promises that we never intended to honor; and enslavement through debt and fear. These same tools are used today.” ~John Perkins, The New Confessions of an Economic Hit Man

After years of investigative research into the trillions of dollars missing from the U.S. government, former Wall Street banker and former Assistant Secretary of Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development in the first Bush Administration, Catherine Austin Fitts has come to the conclusion that global debt may very well be owned by off-planet entities who operate planet earth as a real estate investment.

“Is earth an open or closed economy? I went to business school, I worked on Wall Street for eleven years, you know I’ve been involved in the economy my whole life and the whole time I was invited to assume that earth was a closed economy. So, if we issued debt, then other humans owned that debt. If we issued stock, other humans owned that stock. But if you look at all the economic experiences I’ve had over my whole life, in government, businesses, everything else, what I will tell you is, you know, if you ask me to describe the economic model on planet earth, I would say, ‘well planet earth is a real estate investment trust because we’re paying a dividend some place every year, and I don’t know where it’s going. It’s going into that question mark, on the planetary balance sheet.” [Source]

While she admits that she herself does not have the answer to this rather serious question, the fact that each year a major portion of the world’s productivity evaporates into thin air, with no accountability whatsoever, does indeed beg this question to be asked by any serious economist. Even the government accounting agencies responsible for tracking and recording our expenditures can do nothing to answer the question. The money simply vanishes, the debt grows exponentially, and no one can explain who exactly the beneficiary is.

“Let me bring it down to some of the important questions you have to ask if you ask the question, ‘is this an open or closed economy.’ I got great statistics on who would issue debt, but for the life of me I couldn’t get great statistics on who owned it. I don’t know who owns it. I know they control. And they control through the debt because that’s how you control a company in invisible ways, by controlling through the debt. Who owns the debt? Is it humans, or is it somebody else?” ~Catherine Austin Fitts

We have a decent idea of who controls the world’s debt (the central banks, the IMF, and the private banking families), and we assume that these entities own this debt, but the cost to humanity is so great that something simply does not add up, unless the picture is broadened to include the possibility that earthlings are paying rent to other, as of yet undisclosed actors.

“Some people say that gold is the currency that will allow us to trade across planets, but for the life of me, I’ve spent many years trying to figure out what the gold inventory is on this planet, and I can’t do it. In 2011, somebody jammed the price of gold down, and then moved an unbelievable amount of inventory out of the single largest inventory in the overt economy for the GLD ETF.” ~Catherine Austin Fitts

It’s almost as if someone bought the moon, she points out, yet there is absolutely no agency on our planet that can explain astronomically huge transactions like these nor bring accountability to the billions of people who are being subjugated by a slavish debt-currency system.

So who owns our debt? It is a practical and key question, given the impact the carrying of such tremendous amounts of debt has on the human condition, and how easy it could be to free ourselves and future generations from such unreasonable, criminal bondage by simply adjusting a few digits on a computer screen. The fact that this option is not on the table in any discussion at any level is itself telling.


Lucas Dare, Staff Writer
Waking Times

About the Author:

Lucas Dare is a staff writer for Waking Times, where evolution and revolution unite, and for Offgrid Outpost.

14 thoughts on “Former Wall St. Banker Suggests Global Debt May Not be Owned by Humans

  1. We know exactly who took ownership of the planet. Greed is insidious and it is a pandemic. There is no ignoring the fact that psychopathy in the “Ruling” elite is distilling out of the human genome the traits which make us humane. It is disturbing to witness the traits such as honesty, integrity, morality, honor, dignity and righteousness, being forgotten as colonization by the “Crown” sweeps the surface of the planet. The “Crown” being The City of London Corporation, The Vatican, and Washington, DC. All that is good and decent in humanity is being lost under the “Crown” which is owned and operated by this group called the “Illuminati”. This alleged ownership of our beloved planet by the “illuminati” and their agenda for a NWO has put our lives at risk, it has put life itself at risk.

    How could so many individuals working in law enforcement and we the people turn a blind eye to the gross indecency of the global elite’s involvement in organized pedophilia? How could they and we ignore the fact that the human trafficking and drug trade are being run by those in government agencies? How could so many turn a blind eye to those running Satanic Ritual Abuse rings all over the planet? How could we allow for the abuse of nature itself by the way of corporate greed?

    Theses pirates that took ownership of the planet that call themselves the “illuminate” are clearly insane so why are we not having them committed? Only the insane would destroy that which gives them life over their idealism. Deliberately causing global disasters to fulfill prophecy shows their emotional and spiritual ineptitude. The assault on the feminine from the beginning by those that took it upon themselves to control evolution must not go unnoticed. What is most disturbing is the numerous individuals working in governments all around the world that have turned a blind eye, and deaf ear, to the suppression of the feminine that which brings life into being. We have all failed miserably at life.
    It is unfortunate that so many individuals that make their way into the political arena can be so easily manipulated with the illusion of wealth that comes with large sums of money. Blinded by greed and drunk on the illusion of power they are allowing for the destruction of the fabric of creation. How many men and women are easily manipulated when they are caught with their pants down or their hands in the cookie jar? Can I make it any clearer? “Only a fool would allow for the destruction of that which gives life for a pay check”. How is it the masculine of the world are blind to the fact that it is their mothers (the Divine Feminine) that brought them into the world? The disrespect expressed toward life is heart wrenching.

    What is keeping those in authority from seeing that in allowing the violence of war to permeate the planet we are destroying the very fabric, the foundation, of life itself? Continuing our position and present trajectory for a pay check is ridiculous, unadulterated insanity. We have ignored the truth of our own history. The rich have always taken from those that do the work. They have done this by convincing others to do their bidding. Without order followers Jesus would never have been killed. We have given our power away to a higher power that promotes violence. World War 1 was the first time in history that the rich had enough money to hire a country of thugs which resulted in the construction of concentration camps housing thousands of individuals forced into slave labor.
    Trillions of tax dollars are used filling the skies with poisons and sending young men and women to be demonized by war yet there is no money in the “Crowns” coffers to support clean environment nor a healthy life style for the commoner. The evidence of the Queens, the Church of England’s, and the Anglican Church’s involvement in mass murder has been exposed yet she and her counterparts (Banking Cartel) have not yet been arrested. Why is that? War has always brought human suffering and the destruction of our environment. The establishment is forcing the taxpayer to be an accessory to rape, torture, and murder. It does not get much more diabolical than that.

    Evil is not done solely by those that order it evil is unleashed by those that follow orders without question. “The painful truth. The ORDER-FOLLOWER always bears MORE Moral Culpability than the order-giver, because the Order-Follower is the one who actually performed the action, and in taking such action, actually brought the resultant harm into physical manifestation. Order-Following is the pathway to every form of Evil and Chaos in our world. It should NEVER be seen as a “virtue” by anyone who considers themselves a moral human being. Order-Followers have ultimately been personally responsible and morally culpable for every form of Slavery and every single Totalitarian regime that has ever existed upon the face of the Earth”. Author unknown.

    It is love and only our love for ourselves and all life that will put an end to the madness.

  2. I have been following the twitter account of @KarenHudes for three years and read much of her information. She of course denies any ET existence, denies NESARA and GESARA, as all BS. The assertion being, it is all, the Cabal, illuminati, Rothschild’s & Rockefellers etc., the private banking families you refer (your knowledge of this is clearly greater than mine here) and “Jesuits” but, she does assert the after fifty years the abrupt revelations of the existence of this Global Debt Favility through the International Bank of Reconstruction and Development. That the hidden stolen Nazi funds, stolen from the nations of Earth, from WWII, including the gold train, etc. combined with the suppressed abd hidden gold wealth if America, which offsets all fiat currency debt wirkdwide and bankrupts the Federal Resetve etc.. This is well beyond my education level or understanding of world finance and I have attempted to understsnd some of this story. That she is following a plan devised by the US Military DID War College, which appears to be legitimately working (though I have never quite gotten the links to this plan,, to work). That this plan will bankrupt the Cabal abd force a Glbal Currency Reset… At least this is ine angle, the Dragon families, another, and finally there is the hacking by anonymous story, that they’ve stolen the wealth of the wealthiest and will force the Global Currency Reset (I believe Rob Potter when he sats 2017-2018 “feels right” fir this because of the way events are progressing).
    I just wanted to suggest reading her info to you because, it appears,, legitimate and I can find no one that cintests her, legitimately. She asserts liens against the President, Vice President, Treasury Secretary etc., etc., etc., for holding up the Global Currency Reset, and does claim to be directly under the World Bank’s Boatd of Governors (NOT the World Bank Directors or officers but Board Members) to have the authority of being signatory over this TVLM-666 or TLVM-666 account of quadrillions of dollars of assets including, the U.S. Gold Reserve from the 1940’s in trillions and trillions of equivalent dollars in US gold bond certificates which she posted pics of.
    I guess what I am saying, is read her info, and see what you think, IF it’s true, then there is little to worry about with this imaginary money printed, debt, and we will go back to asset backed Treasury Dollars and Gold Aurum bills soon.
    I know. I heard the Federal Reserve Note loses it’s reserve currency status in a week Sept 29-30 of 2016, what will happen then? Will we come to a RESET as Karen Hudes and Conbra (coincidentaly both imply will happen some time there after – be it a year or five?) or are we headed for a diaster economically where our fed (private bankng family) dollars befome absolutely worth nothing but less than the value of toilet paper?
    Its certainly, a huge question, no one seems to have an answer to… I therefore, must go on faith, that the root of evil, fiat money, will cease to exist in a global currency reset and either the alleged “Dragon Families” (another entire story Karen says they do not own these monies the Global Debt Facility does) or the Global Debt Facility itself (if true), will offset the country debts, and eliminate them in the reset, or that what Cobra asserts (and I do not know the detsils of exactly how) that this reset will occur as part of “The Event”, or finally, what Anonymous asserts (in one version or article i read) that they have already hacked the big boys, the fed, etc., stolen these ill gotten monies back for the people, and will brng about the reset….
    Who the frak knows, maybe its all wishful thinkng but, I prefer to have faith some good people still exist in the world (and off world too) and they,, where ever and whomever they are, will do what is Godly, what is good, and what is right for humanity, even when dealing with such enormous amounts as these.
    What is true? Where is the money? Who holds the debt? To these questions, I say: This is not what matters, we “The good people of Earth, must take a stand, that enough is enough, its time to plan the demise of money & debt slavery, in all its forms, because the technology NOW (suppressed) EXISTS, to do that. That must be, IS, our goal, a world where money will become a sad historical footnote of a bad experience and mechanism we recognized as greed of the few for control and enslavement of the many. It is time, we grow up, as a species, and we must ultimately find, a better way, of doing things, where the basic needs of every human soul, is our first responsibility, provision of food water clothing shelter and child, medical, disabled, and elder care, are basic human Lifetime Right of birth (we did not ask to be put here did we, why shouod we pay our whole lives for something we did not request to buy), so that each human soul forced into birth, with their basic needs met, can go on to devote their life to whatever endeavor they choose to better themselves, and all of humanity”… Yeah I watched a lot of Star Trek from 1967 forward 50yrs of in all its incarnations, and that, represented extraordinarily well, the highest human ideal, the betterment of our species as a whole, where EVERY human life, AND ALL LIFE becomes the priority. Isn’t this, the kind of world we want to raise our children and grand children in? Isn’t this, why JFK saved the world from Nuclear Annihilation in my first 40 days of life, is not thus, the wirkd we deserve?
    We might even be ready then, to join these ET’s as equals one day, what a glorious day, that would be.
    God Help Us, I Hope & Pray that, I, see that great day our species grows up. Victory to the Light & May the Blessings Be.

  3. “None are more hopelessly enslaved than those who falsely believe they are free.”
    –-Johann Wolfgang Von Goethe

    “The United States is in bankruptcy, via The Emergency Banking Act, March 9, 1933, 48 Stat. 1, Public Law 89-719; declared by President Roosevelt, being bankrupt and insolvent, and H.J.R. 192, 73rd Congress m session June 5, 1933”.

    It’s possible to claim one’s name and officially declare oneself dis-owned by the state.
    There’s an offical procedure in existence that you can follow, filling in a form and send it
    to the president or king/queen of your country. It’s a request to claim your name, ending
    the ownership and control over you, by the person addressed. In Holland it’s being done
    and a pretty large group has chosen to be free. It takes a while to come to grips with this
    concept, for it’s so far out of the box we know so well.

    I know a man who has studied the law so thoroughly, that he has his legal arguments ready,
    when the doorbell rings. He’s succesful for almost 10 years now, keeping the tax-collectors
    on the best side of the front door. From the moment of our birth, we are owned and there’s
    a price on our head. We’re worth a sum of money. See what’s in it for you.

  4. It is our natural resources and Humanity’s electro-magnetic energies they really want. I believe their economic programs are just a ruse to keep us occupied and in fear so we never discover how powerful we really are and that they are leaching our energies – sexual, physical and emotional. These dark forces are spiritually dead because they have turned from the powerful God/dess energies within them and their consequent karma is too great to ever be repaid. There is a plan, an earth, like our Earth but smaller and without our technological advances we have today, forcing them to start from the very beginning to learn how to master themselves, that today exists where those who do not graduate with the Earth will be sent giving the dark forces fewer and fewer individuals to manipulate. And many, but not all, of the dark forces will be destroyed. Beyond that I don’t have the details or the timeline.

  5. According to the well-established Law of Contracts, a valid contract MUST include the full and complete terms of the underlying agreement, and if the full and complete terms of that agreement are NOT disclosed, the contract is VOID because it is FRAUDULENT. Because all “loans” made to individuals “by” banks are actually funded by the BORROWER without full disclosure, such loans, as a major portion of this DEBT, are VOID for FRAUD. The entire banking system is based on fraud and non-disclosure, therefore all DEBT incurred in that DEBT system is FRAUDULENT and therefore VOID and not collectible.

  6. Money is a fiction. Money is not found in the nature of things. Money is unnatural. Who gave the ancient Sumerians, the Rothschild’s, and the credit card industry the authority to create money? To put a monetary value on gold is fraud. Putting a monetary value on the earth resources which cost nothing to create is fraud.

    It is clear the legislative process is corrupt. The heathens writing laws and manipulating the judicial process to protect the crimes of church and state is undeniable. “No tyranny is more cruel than that which is practiced in the shadow of the law and with the trappings of justice: that is, one would drown the unfortunate by the very plank by which he would hope to be saved”. Charles de Secondat, Baron de Montesquieu

    This reflects the weakness of human nature in the face of power, but Montesquieu focuses on how it causes the disintegration of the justice system. There is something particularly pernicious about a situation in which the outer trappings of justice exist, but the substance has been replaced with a craven homage to the power of the executive. Montesquieu drew on Tactitus for his examples, but subsequent human history can recount many others. In 1946, for instance, just this concern about the warping of justice by a tyrannical spirit led to a decision, controversial at the time it was formed, to put justice ministry officials, prosecutors and judges on trial for their complicity in crimes against humanity under the Nazi regime. Powerful as that example was, others can be cited in societies which retain a better semblance of justice. As for example, in the just-past Bush Administration, in which lawyers of the Justice Department issued memoranda approving torture with presidential authority, authorized warrantless surveillance, launched bogus prosecutions of political rivals and indulged the bribing of foreign government officials in commercial dealings, all in the name of executive power elevated above the law, but given the benefit of formal legality.

    Every man, women, and child is a benefactor and beneficiary of the land. Why have we allowed corporations to steal what is rightfully ours? People are giving their power away to a higher power in so many ways.

    Those that create money also control wages, they control the flow of money thus they control the economy. Why are we buying it? Bankers are committing fraud, embezzlement and entrapment everyday.

    The debt has been strategically manufactured to steal us of life itself. The release of the Panama Papers revealed just how corrupt those working in the banking and taxation really are. Our politicians have been making back room deals with shady corporate elite while selling out their own families future for a buck. You cannot eat, drink, or breath money. Destroying the ecosystems of the planet for a moment of notoriety is insane.

    The global elite, the “Illuminati” have been very cleaver at manipulating every aspect of life on this amazing blue/green planet.

    Do not be fooled.

    Claim your sovereignty.

    Those that call themselves “Royals” on the planet are imposters. Stop giving them titles. A true “Royal” of planet earth would not participate in the destruction of that which is an extension of themselves. There was a time in our history that the earth was not “Ruled”. The “Royalty” have been suppressed. A true “Royal” would not rule rather would be a true leader and recognize the sovereignty of all living beings.

    There has been a war going on it is a war against human intelligence, a war against the evolution of consciousness. This war is nearly over. There is no stopping the ‘Tsunami’ that is soon to reach our shores. The Tsunami of Love is gaining in momentum. Each can prepare by taking an active role in raising the frequency of their own body matrix to match the frequency of their core essence.

    Each individual must choose to stop buying into a lesser version of themselves and choose to evolve emotionally and spiritually. See the truth; Choose freedom.

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