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🚨Catherine Austin Fitts:
"Initially, it was the City of London that shut... down [the Strait of Hormuz]... Lloyds pulled the insurance"
"They [have] put the world into energy collapse and famine conditions by doing this"
"If you look at the ingredients coming through for the fertilizer plants, including in Europe... and then look at everything we've done in Europe to shut down the small farmer. I mean, you are creating the conditions of famine."
This clip of Catherine Austin Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (@solari_the), is taken from a discussion posted to the Freedom Research (@freedom_rsrch) YouTube channel on April 20, 2026.
---------------Partial transcription of clip----------------
"We shut down the Straits of Hormuz. Initially it was the City of London that shut it down. It was Lloyds. Lloyds pulled the insurance.
"Okay, so the City shut down the Straits, not the Iranians. And now you have a trillion dollar a year military saying that they're helpless to keep the Straits open. Do you believe that?
"The Iranians have been under severe sanctions for decades. And what we're saying is a country of 92 million with a tiny military budget under severe sanctions controls the straits and the American empire with a trillion dollars a year is helpless to do anything.
"But let's look at the global chessboard. The Americans tried to put on tariffs for everybody. The Supreme Court has said no, you can't do that. But there's another way to put everybody over the barrel. Remember the Americans have worked very hard to make sure they're energy self-sufficient and they have stockpiles, a lot of things they need. They just put the world into energy collapse and famine conditions by doing this. So now they got everybody over a barrel.
"It's what one of the economic spokesperson for the White House said the other day. We're going to use this on our news trends and story. He said American economy is going to be fine. He said the consumer is going to be hurt but the economy will be fine. Because in fact the billionaires should be fine. Right?
"Because what you're talking about doing is creating the conditions for massive consolidation upwards. I mean you can shut down every small business and small farm in the world and consolidate upward. Because if you've got the reserve currency and you can do what you do to do it during COVID.
"I mean we shut down in America. We shut down, we bankrupted or shut down 35% of the small business and God knows how many small farms and the publicly traded Wall Street firms had a field day. They made a fortune. So it was successful. And if you think that's successful, where do you see this.
"Because for the last year the administration has cut down massive amounts of. There are all these different programs to provide funding for the food insecure both domestically and internationally. They've canceled I think most if not all of that.
"So now, I mean now you're talking about serious famine conditions globally. If this continues. Because, you know, if you look at the ingredients coming through for the fertilizer plants, including in Europe, you know, and then look at everything we've done in Europe to shut down the small farmer. I mean, you are creating the conditions of famine."
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