War Greatest Risk-Not Global Financial Collapse-Catherin Austin Fitts

7Greg Hunter’s USAWatchdog.com 

In her latest report, investment advisor Catherine Austin Fitts says, “The greatest risk is not global financial collapse. Our greatest risk is war.”  Ms. Fitts explains, “I am talking about war in many different venues.  What we’ve seen in a place like Ukraine is very much defined by what’s called “soft weapons.”  So, we are watching war through the information systems and cyber hacking.  We’ve got Edward Snowden warning us about everything that can go on through the digital systems, and then we’ve got boots on the ground.  We’ve got the President now saying he’s pulling boots on the ground.  It’s just like the Roman Empire pulled the army back and left the church in place.  The American empire is going to pull the boots on the ground back and leave the drones in place.” 

Fitts correctly predicted that there would be no financial collapse in 2013.  She characterizes what is going on in the global economy as a “slow burn.”  Fitts contends, “The dominant economic scenario that I think that has been going on for quite some time is what I call the ‘slow burn.’  The ‘slow burn’ is a process where our incomes fall steadily and our expenses rise steadily.  That is what is squeezing the middle class in the developed world.  So, you have this squeeze going on, and every time the ‘slow burn’ starts to accelerate, the pressure to get more natural resources cheap or reduce the lifestyle of the population increases.  So, every time we see the real pressure and ‘slow burn’ accelerate, you see more warfare.  So, you see the landing in Libya, or landing in Afghanistan, or landing in Iraq because you’ve got effort by the empire to source global natural resources at very cheap prices and to maintain the reserve currency.  So, to me, if we start to see an acceleration of the ‘slow burn’ and things start to unravel, I don’t think you are going to see prices make the adjustment made in the market.  I think you are going to see the adjustment made with force.” 

That brings us to war, but it may be covert instead of overt.  Fitts explains, “If you look at the kind of wars going on around the planet, I would say the covert war is much more intense and much more common than the overt war.  Overt wars are much more expensive in terms of politics, brand and money.  So, if these things can be done covertly, they will be.”  Fitts goes on to say, “If you see the ‘slow burn’ speed up, or the fall in the dollar speed up too much, then you are going to get more and more aggressive force.” 

On the recent negative 1% GDP growth in the first quarter, Fitts says, “The economy clearly contracted in the first quarter.  Part of what you’re seeing is enormous automation going on in the economy globally, and you have a very large number of people either losing employment or they are losing income.  They are employed, but their incomes are falling.  That’s beginning to spiral back around back into the economy.  The sectors dependent on the middle class are really hurting; and, of course, I think that is going to get worse.” 

So, how do middle class people fight back and cope with the evolving economy?  Fitts says, “I would say the economy is extraordinarily divergent.  One part of the economy is strong, and the other part is literally collapsing in slow motion.  I think the critical question for every person and every family is if I am over in the one that is dying, then how do I get over and shift into the one that’s being born?”  Fitts goes on to say, “The first thing you have to do is to completely reinvent how you think about education and learning.  One of the great revolutions is with education, and it is happening globally. . . . You and I grew up in a time where the idea was you went to school and you went to college.  You learned something, and you went out and did it.  It’s not like that anymore.  You have to keep learning every day.  You have to acquire new skills. . . . The second thing is . . . suddenly, you can make a lot more money doing things yourself.  I now do things it would not have occurred to me to do for myself before.  It’s much more economic and . . . you dramatically lower your revenues, but you dramatically lower your expenses.  Your quality of life goes up.”  Becoming more health conscious is another point Fitts says you need to do in the brave new global economy.  Fitts explains, “The message from traditional health care policies in this country is you all are on you own.  We all need to invest in staying healthy.  We all need to take charge of our health.  We all need to learn how to be our own doctor, and that starts with eating fresh food and doing all the things you need to do to build up your health.” 

On the November mid-term elections, Fitts says, “I think Harry Reid thinks they will lose the House and Senate.  I think they will lose the whole ball of wax.” 

Fitts says a new economy is emerging in the U.S. that she calls the 3.0 economy.  Fitts contends, “Look at the 3.0 economy in the United States.  There is a group of people managing that economy who just successfully stole $40 trillion from the American people and the rest of the globe.  They say we are going to re-engineer the economy, but before we do, we are going to pull every dime out of it.  They are sitting on $340 trillion plus what they had before, and that is enough money to run a global government on a private basis.  You are watching a mass privatization.” 

On global financial trouble spots, Fitts, a former Wall Street investment banker, says, “To me, the number one risk economically is China.  If you look at who has real serious domestic problems and political problems–it’s China.  The really scary part of the global economy is if we really see China spiral down, then we could see the rest of the world spiral down.  That would be my big concern, not the U.S. or the dollar.” 

On gold, Fitts predicts, “It’s weak right now, it hasn’t found its bottom.  If we don’t find a bottom soon, we could see a really big drop. . . . Long term, it’s going to be healthy for gold and silver.” 

Join Greg Hunter as he goes One-on-One with Catherine Austin Fitts of Solari.com.

 (There is much more in the video interview.) 

After the Interview: 

Fitts is the creator and producer of the Solari Report.   The Solari.com website says paid subscribers “get access to private briefings via weekly bridge calls with Catherine Austin Fitts and her guests. Also, special reports focused on current financial and precious metals markets, geopolitical events, as well as risk issues and opportunities impacting personal wealth, health and happiness.”  If you would like to subscribe click here to go to Solari.com. 

Comments
  1. Ugly

    Economy 3.0 and Mass Privatization does not sound like an economy for most people in the near future. To me, it sounds like the New World Order where you must obey or else. You are under their wings. It is their system….of course that will lead to frictions and civil unrest. Sounds like all of the events going on will lead to the financial control of the world that is dominated by just a few people.

    • allen ols

      ugly
      u are correct, NWO or antichrist. she made a comment about ammunition, when greg mentioned usda buying auto guns. she said they buy it to maintain the ammo industry, correct, but it is a control mechinism. she made reference to haarp weapons, or tsummi caused by usa, she is correct. haarp is a weapon, used by usa, and tacloban PI huricane, sp, was a haarp a usa weapon. the jackass covers it in one of his HT letters. You are on the right track !!!!
      I found an interesting article on Marlyn Monroe, killed by bobby and others for her threats to expose their affairs with JFK and bobby and Psyc. and others. whe was murdered for a cover up. It is happening with mid level bankers, andrew brietbart and more. they will go to any lenghts to cover up the criminality.

      http://www.dailymail.co.uk/news/article-2630449/EXCLUSIVE-Bobby-Kennedy-ordered-Marilyn-Monroes-murder-lethal-injection-prevent-revealing-torrid-affairs-RFK-JFK-dirty-Kennedy-family-secrets-new-book-claims.html

      • Galaxy 500

        Al
        buying ammo was one of the bull shiite propaganda points she attempted to make. To support the ammo industry? Really? If any of my homies on the WatchDog have tried to acquire any, you’ll find it in short supply. How and why do you support an industry that is running at full capacity? So the DHS buys a thirty year supply of 400cal Hollow points…thirty years based on what we expend per month in Afghanistan. And USDA puts out a bid for….wait for it…40 cal sub machine guns. Cant have those farmers get out of line now can we?
        I need to pull my notes out and post what I started to yesterday before I got so frustrated

    • Anne Elliott

      I so agree with your view of the future; kind of like a Hunger Games, only hopefully not with the arena. It’s the mass privatization that worries me; if I can see my enemy, I know what to do. With all the secret contracts and back room handshakes these days, tho, I have no clue who I should be watching.

      • allen ols

        anne elliott; http://www.zerohedge.com tyler durden

        Third Century Roman inflation (and implicit currency debasement) sparked a rapid turnover of emperors as the scapegoating over the systemic debasement saw Romans turned on Christians with a great violence which lasted throughout the period of the currency debasement but peaked with Diocletian’s edict of 303 AD. The edict decreed, among other things, that Christian meeting places be destroyed, Christians holding office be stripped of that office, Christian freedmen be made slaves once more and all scriptures be destroyed. Diocletian’s earlier edict, of 301 AD, sought to regulate prices and set out punishments for ‘profiteers’ whose prices deviated from those set out in the edict.

        A similar dynamic seems evident during Europe’s medieval inflations, only now, the confused and vain effort to make sense of the enveloping turmoil saw the blame focus on suspected witches. The following chart shows the UK price index over the period with the incidence of witchcraft trials. Note the peak in trials coinciding with the peak of the price revolution.

        Were the same dynamics at work during the French Revolution of 1789? The narrative of Madame Guillotine and her bloody role is well known. However, the execution of royalty by the Paris Commune didn’t begin until 1792, and the Reign of Terror in which Robespierre’s Orwellian sounding ‘Committee of Public Safety’ slaughtered 17,000 nobles and counterrevolutionaries didn’t start until well into 1793. In the words of guillotined revolutionary Georges Danton, this is when the French revolution ‘ate itself’. But the coincidence of these events to the monetary debasement is striking. The political violence was justified in part by blaming nobles and counter-revolutionaries for galloping inflation in food prices.

        However, the most tragic of all the inflations in my opinion, and certainly the starkest example of a society turning on itself was the German hyperinflation.

        Like other Axis countries on the wrong side of the War and now in the grip of hyperinflation, Germany turned viciously on its Jews.

        It blamed them for the surrounding evil as Romans had blamed Christians, medieval Europeans had suspected witches, and French revolutionaries had blamed the nobility during previous inflations.
        So I keep wondering to myself, do our money-printing central banks and their cheerleaders understand the full consequences of the monetary debasement they continue to engineer? Inflation of the CPI might be a consequence both seen and measurable. A broad inflation of asset prices might be a consequence seen, though not measurable. But what about the consequences that are unseen but unmeasurable – and are all the more destructive for it? I feel queasy about the enthusiasm with which our wise economists play games with something about which we have such a poor understanding.

        And now the social debasement is clear for all to see. The 99% blame the 1%; the 1% blame the 47%; the private sector blames the public sector, the public sector returns the sentiment – the young blame the old, everyone blame the rich – yet few question the ideas behind government or central banks…
        All I see is more of the same – more money debasement, more unintended consequences and more social disorder.

    • J C Davis

      Ugly. EXACTLY ! I can only add a slow collapse is only slow because most will not see it till it is to late. For those that watch it happen it seems slow..
      Greg. Talk of a slow collapse is a play of words nothing more. Time is limited only by those living in it, but a starving man has a waking moment. Just look at the changes that have happened in the last 6 years. Snowballing. 3 years max and all the world will not recognize America. Not gloom and doom just the direction we are headed.

      • Ugly

        JC, Al, Anne.
        I agree. People keep saying it is a slow meltdown, but actually it is increasing in pace. Never before has $20 trillion plus been printed to keep the dollar alive–and that has been in just the last 5 years. This is Usain Bolt now running, not Frank Shorter….

        • JC Davis

          I don’t like calling you Ugly. You comments are far beyond the name. Slow burn is for slow, asleep people. Those watching what is happening see it in real time… Fast collapse.

  2. allen ols

    Greg;
    Jeff Berwick from the dollar vigilante writes;

    A massive amount of wealth will be lost as these systems collapse. I don’t think anyone realizes how bad it is going to be… including myself. I expect it will be worse than even I think… that is the chaotic nature of these collapses. The next 5 to 10 years will be one for the history e-books. The Great Depression will look like Disneyworld in comparison. It will be written about in the future as The Greatest Depression. For this reason, I am advising people to get as far away from the current monetary and financial system as possible… and to physically remove themselves from what I believe will be ground zero for this collapse, the US. No country or people has ever been less prepared for what is about to come due to the massive amount of indoctrination and propaganda in the US. Even in the Soviet Union everyone knew almost everything the government did and the media said was propaganda. They had two newspapers, run by the Communists and the Soviets, called Pravda (meaning “the truth”) and Izvestia (meaning “the news”). A popular saying in the Soviet Union was, “In the truth there is no news and in the news there is no truth.” In the US today, people actually believe what they see in the mainstream media. They are going to be very shocked when they realize that not only do they not live in the land of the free but, in fact, live in one of the least free places on Earth and in the midst of turning into a complete fasco-communist police state. That combined with the incredible number of people who are dependent on the government to survive in the US today, with one in six people on food stamps and 11 states where there are more people on welfare than have jobs, will mean a very abrupt wake-up call. I would not want to be in close proximity when they turn off the EBT (welfare) cards or when the dollar is so hyperinflated that the monthly welfare check can barely buy a can of catfood. I sometimes feel like Harriet Tubman who was instrumental in the “underground railroad” trying to free slaves who said, “I freed a thousand slaves. I could have freed a thousand more if only they knew they were slaves.” Today, slavery is epidemic in the US. People in the US have half their money stolen from them in the form of taxes, pay rent to live in their own homes in the form of property tax, are not permitted to own pets, drive a car, travel outside of the US or in nearly half the occupations in the US even have a job without permission. However, some are starting to wake up and realize what it is going on and, like Harriet Tubman, I am a modern day neo-abolitionist and running my own underground railroad trying to help people get out from their slavery.

    – See more at: http://thedailybell.com/exclusive-interviews/35359/Anthony-Wile-Jeff-Berwick-on-the-Internet-FATCA-and-the-Killer-Bs-of-Personal-Empowerment/#sthash.RBM0AsZt.dpuf

    • Andrew de Berry (Rev)

      Thanks Allen. Over here in the UK I’m learning more and more about the sheer blindness of folks. Not so different over here, Best Andrew

    • Mike R

      Actually, its more probable the US economy will do quite well over the next 5,10,15, 20 years.

      We’ve seen automation in everything, and use of data and information to lower the cost of everything. Yet, if we’ve ONLY (I say only in relative terms) lost 7 million jobs since Obama came on board, we’re doing pretty darn good, given all the automation that has taken place.

      The changes in the economy are exponential on so many levels, that its a miracle really that wages have remained only flat the past 14 years, and not spiraled downward.

      We’ve been through a deflationary environment worse than Japan’s, yet all people talk about it inflation. The housing market has nearly collapsed, yet we survived it. Commodity prices have been collapsing all over.

      we’ve had a 75% reduction in gasoline consumption since the peak. Efficiency in all new vehicles is more than double what it was just 10 years ago. Efficiency in buildings, manufacturing, and in workers using the internet, communications, far less commuting due to virtual offices and employees in every sector of the economy.

      Much is due to the internet just getting started in terms of how its being used, but also computing power, biological advances, pharma advances, use of everything is being improved. Look at every single university website, manufacturing website, and just plain regular corporations, and on everyone you’ll see something about sustainability. Using less and less of everything, whether its energy, products, consumables, and so on.

      So Ms Fitts uses these vague notions of economy 3.0, but what does it really mean ? Define Economy 3.0 much more specifically Ms. Fitts.

      Whats even more amazing is that we are seeing all these efficiency improvements while we have DIRT CHEAP ENERGY. That is stunning. Most of Europe pays more than $12 per million btu of gas. We pay around $4.50 US wide. China is paying north of $19 per million btu of gas. Russia could sell gas at $10 /mmbtu, and make a freaking fortune, while China would LOVE to get $10/mmbtu gas. Japan is around $15 per million btu. Europe and China both have cars that are far less efficient than our vehicles. In terms of electricity, the average cost across the US is around 11 cents. In Germany its in excess of 30 cents. Europe is much of the same. China can’t make enough energy to meet its needs, and so its not a matter of costs, but availability and reliability for them. Outages occur all the time. Bar none, our electric infrastructure is the envy of the world. Its old, but its being improved dramatically with all sorts of smart grid technology, more efficient distribution, and so on. People can complain all they want about those coal plants going away, and say electric prices are going skyrocket but our air is dramatically cleaner than it was 10 years ago, and many times cleaner than 30 years ago. Thats with more people, and more use of energy. Those coal plants were at best 30% efficient. Gas fired combined cycle plants being installed to replace them are in excess of 60% efficient. China’s installing coal plants because they are cheap, but they are using the US’s 1960’s coal technology, bc they can’t afford anything else. Anyone been to China lately, and anyone of a number of 30 major cities where they are populations 3 times that of Chicago or New York ? Most of those cities are so polluted you can’t even breathe without coughing up a lung. US manufacturers that have facilities there are exiting big time, and while not everyone of them are returning here, they are getting the heck out. Labor issues there, high crime, pollution, high shipping costs, high energy costs, inconsistent quality, labor uprise demanding much higher wages. Our minimum wage that we complain about would be like getting tripling of their wages overnight if they were paid our minimum wage.

      None of this means its easy living here in the US, nor cheap, but you can find many ways to make a living, and find many ways to live much more economically. It just might be that all those people who lost their homes to foreclosure should have lost their homes bc they were just living way above their means. The US economy is brutal that way, but that makes the country as a whole much stronger.

      The one take away from Ms Fitts, that I agree with, is that you must keep learning daily. Its far less oppressive here than any other country in the world, and our efficiencies in so many things while making it hard to keep a traditional form of employment, simply means you must adapt. Adapting is a form of survival, as humans have done for centuries. But the upside here in the US, is that while things are changing fast, you do have the opportunity that many country’s would beg for, and mostly that cheap energy we have, more than anything else, and our brutal efficiency brought about by adoption of high tech and facilitated by computing power and the internet (really communication speed), puts us still way ahead of the rest of the world on many fronts. People have to stop worrying about haves and the have nots. Worry about yourself. Learn. Improve yourself. Most of whats talked about here by these guests, while perhaps somewhat informative, you cannot control. So if you can’t control it, what good does it do to complain, rant, or worry about it ? worrying causes stress. stress causes debilitation, and reduction of mental health. Don’t worry. Be happy. But that also means, don’t be lazy, or sit around, and read this stuff so much.

  3. Ben

    Wow, what fantastic insight…the slow burn and privatization of the world. Makes very good sense where you see people being squeezed simultaneously from both ends, literally being wrung dry. Asset bubbles make homes and education beyond the reach of the average Joe, while falling and stagnating incomes compound his problems. When you look at how the whole house of cards keep refusing to buckle and keep standing you get an inkling what she means by ‘they’ being able to keep things going longer than we imagine. Yet, we can fight by being and staying healthy and preparing with the extra time being given as a result of this ongoing fraud. Lots of food for thought in this interview! Thanks!

  4. Mike Mulligan

    Greg – lots of great information from Catherine Austin Fitts!
    I want to share this info which I just found on Jim Rickards (I know he was a guest LAST week). http://www.lewrockwell.com/2014/06/adam-taggart/a-5-ft-sea-wall-for-a-40-ft-tsunami/
    This article is very telling! In it, Mr. Rickards states “There is only one clean balance sheet left in the world and that is the IMF. So the only way you are only going to reliquify the world in the next liquidity crisis is by the IMF printing their world money, these Special Drawing Rights or SDRs, and that is going to be the end of the dollar as a global reserve currency.” My response is “No, No, No, No, No!!!!!” Do we think the IMF will reliquify the world for free?? Do we think they would not ask for contol of our government/country? What should really happen is that we should have a debt jubilee and forgive all munipal, state and federal debt. The institutions that bought this debt would be the ones to suffer. Runaway government spending would stop overnight. If we let the IMF “reliquify” the world as Mr. Rickards suggest, then we can kiss America goodbye! The IMF would have a noose around America’s neck. Shame on Mr. Rickards for suggesting such a thing.

    • Galaxy 500

      So let me get this straight: “Mr. Rickards states “There is only one clean balance sheet left in the world and that is the IMF.”
      So an organization that makes BAD loans to nearly bankrupt or bankrupt nations has the best balance sheet in the world? And its funded by bankrupt nations?
      If anyone takes Rickards serious after this comment needs their head examined.

    • Mike R

      That ‘slow burn’ mantra is just marketing crap, and hyperbole to make her sound different than other guests. Sure if you want to look for the negative in something, you will find it. But I’d like to see her prove her slow burn with at least 1000 examples, because for the 1000 she finds, there is likely to be a million positive things that are improving. Look for the good. Not just the negative.

  5. Arthur

    Sorry Greg,
    While I love your site and really enjoy listening to your guests I stopped listening to Catherin at about 4:20 when she said she believed the Indonesian Tsunami was ‘engineered’.
    Catherin lost all credibility in my eyes after that comment and I now view her in a similar fashion to that kook Karen Hudes.
    Greg, please carefully vet your guests and avoid those who believe such ludicrous notions. I think they damage the credibility of USAWATCHDOG.COM
    Regards from Down Under
    Arthur
    Australia
    PS Gidday Colin the Kiwi Farmer! Hope you’re going okay cobber! You too Mohamed, love your comments and posts too!

    • Peter

      “Catherin (sic) lost all credibility in my eyes after that comment ”

      Why? Because you think it would be impossible?
      Can’t you leave that possibility open without throwing out everything else she discusses?

      I’m not saying that she’s right and that it’s true per se, but there are many technological developments that plenty of people have no clue about. What do you think that is or could be done with all those missing trillions? They’re not just buying cheeseburgers..

      Check for example the excellent line up of researchers at this upcoming conference:
      http://www.secretspaceprogram.org/speakers/

      Yes, Catherine happens to be a speaker there as well. She researches and knows about topics that go beyond just the financial aspects of the world.

    • foggygoggles

      Arthur,
      I used to share your point of view, until a friend told me to research HAARP. I think you’ll be surprised by what you find.

      • Simon S.

        Re:HAARP. Watch out where you do your research, Foggygoggles, and be skeptical, especially of extraordinary claims which require extraordinary evidence, not just the say-so of “not a Dr.” Nick Begich. Have alook at this for a more balanced look of HAARP Myths
        http://skeptoid.com/episodes/4122

      • Felicia

        And why do you think HAARP is being privatised? I know… the MSM is saying it is being shut down…yah, right…and look into who was/is behind JPL…KAF has been connecting the dots along with others. We just need to follow behind on their work to see what is really going on… up next…those people confessing a true faith in Jesus Christ will be persecuted just like what occurred in Nazi Germany and Communist China. There will be an underground church and a state sponsored church( which the emergent and seeker friendly churchcould be candidates for)

        • JC Davis

          Thank you Felicia

        • Simon S.

          Re: Felicia and “connecting the dots”. If you put a bunch random dots on blank page, you can pick and choose to connect them up to make any picture you like. Doesn’t mean its the real picture.
          As for Christian persecution in the USA, count how many Christian churches are in you town or city. Dozens and dozens I bet, and you’re free to go to any of them. Religionists just need to stop trying to impose their religion into the workings of the state (government and public schools). The US constitution is secular, and the constitution states “there shall be no religious test for office”. The orignal pledge of allegiance, as written by the founding fathers, ended “… one nation indivisible, with liberty and justice for all.” It wasn’t until 1954, during the height of cold war paranoia, that it was changed to “…one Nation under God, indivisible, with liberty and justice for all.” I think the original, without the appeal to the supernatural, shows more confidence in humanity and is inclusive of believers and non-believers alike.
          As for the Nazis and religion, The German words, “Gott Mit Uns” means God With Us and appeared on many Nazi soldiers belt buckles during WWII.

      • Galaxy 500

        Just because you find an article on HARP on the internet doesnt make it true

        • Simon S.

          You can assess the quality of an article by the references and footnotes provided, so you can follow where the author is drawing their evidence from and fact-check it. The skeptoid article I provided the URL for is well referenced.

    • Isaac

      There is actually a lot of evidence pointing it to being engineered, including the exaggeration of the actual size of the earthquake. It isn’t as unreasonable as it appears at first glance.

      • LIZARD MAN

        Please outline the evidence or at least provide the sources to your assertion that “there is actually a lot of evidence pointing it to being engineered.”

        Stick to evidence- based thinking, if you value intelligent discussion!!!

    • Anne Elliott

      Any country that can put a man on the moon in the 60’s and during the Vietnam War in the 70’s make admitted attempts at weather control as an act of war against the North Vietnamese, would surely have enough advanced technological know-how to trigger a seismic event about 45 years later… Heck, even a bomb placed in the right fissure would cause a tsunami. It’s just a matter of knowing your geology.

      • Galaxy 500

        So if you believe this why are we not the rulers of the world? I mean with the evil SOBs running the govt you think if we had this tech we would not have taken out our enemies with it?

        • lastmanstanding

          You know that is not the plan brother.

          People like you, me and those here…getting rid of us is the plan.

          I got news for them…no fn way God and his green earth want us gone.

          • Galaxy 500

            Sure they want to get rid of us but if they could wipe out or weaken China or Russia they would do it in a heart beat

        • Anne Elliott

          I thought the US was currently ruling the world… Isn’t this what CAF was saying? Mess with the US and you’ll get some black ops? Isn’t this what Jim Willie was saying too – that Japan was making deals with the BRICS and all of a sudden they get a 9.0 earthquake? Even Janet Napolitano was saying that in our lifetime we’ll see a natural disaster in the US to the magnitude that has never been seen before… Why is she predicting something without giving more scoop on it? Would that be because the US gov. will, at the appropriate time, use a huge natural disaster in the US as the ultimate false flag to institute Marshall law? Hmmmmm…

          • allen ols

            ANN ELLIOT, WELL SAID, WELL WRITTEN, AGREED!!!

      • Galaxy 500

        Its up there with the flying monkeys. Actually I’ll believe in flying monkeys sooner as genetic engineering is further along.than weather manipulation

    • emeniag

      Greg, Arthur’s right, its a no brain er, Catherine is full of balooney!

    • Arthur

      Seriously, anyone believing the Indonesian Tsunami was man made or engineered needs to loosen the chin strap of their tin foil hat!

      • Greg Hunter

        Authur,
        Not sure that is fair. She explained this better in a prior interview.
        Greg

        • Arthur

          Greg,
          I apologise for my comment. I did not intend to offend.
          Kind regards
          Arthur

          • Greg Hunter

            Arthur,
            Which comment did you make?
            Greg

      • JC Davis

        List me.

      • Galaxy 500

        I am with you. Tin foil hat to go with tin foil full body suit

    • EyesWideShut

      If the IMF has this capability to re liquify the world, why can’t they pay off the Ukraine’s gas bill to Russia for a mere US$2 billion? I’ve read that the reason the payment hasn’t been made is because no one has the money, including the IMF

    • Galaxy 500

      I couldnt agree with you more but I did listen to the whole thing and you should too. We need a little laughter in our life. What is really sad is that their are otherwise sane people that believe this bull shiite too. I like to confuse these simple minded buffoons with simple facts.
      I do suggest that you dont throw the baby out with the bathwater but I agree when people start talking about mount Everest size piles of gold, illegal extraterrestrials aliens or etc that its hard to pay attention

    • Andrew de Berry (Rev)

      Yep I’m with you all the way Arthur, more so when it comes to Karen Hudes!!

  6. Klfoo123

    Greg,
    It was a good interview.
    If you can interview with the V guerrilla economist in the future. He has some interesting view point worthwhile to listen.

    Thanks

  7. Oracle 911

    Hi Greg
    I partially disagree with your guest. And I have several reasons:
    1st Every empire like the Roman empire sooner or later run into something which limits its growth like the Sahara dessert , the German/East-European tribes or the Persian Empire. In the case of US empire (don’t be naive, the US is an empire) it is the BRICS, although their just don’t let themselves sucked dry.
    2nd We can count economical/financial weapons as soft weapons too and from this point of view the war is on at full power. The soft weapons are no less destructive than the hard ones, although the destruction is less bloody in most cases. Because the collapse of the US will be bloody.
    3rd China may be a lier, but the USA is even bigger. As I remarked: China is faking its GDP, the USA is faking the entire economy. Lets put aside that fact some of manufacturing capacity is coming back, sadly they are automated. BTW the Chinese gov is using this crisis as a instrument for change its economic model, although it will be “quite bumpy” change (economical downturns which will hurt mostly the West, civil unrests etc.).
    4th The Breton-Wood system was created at mids of war. So it will be just a little technical issue on the Chinese side. Just a reminder from the Breton-Woods system emerged or current (fraudulent) system.
    5th The BRICS is putting together its US independent infrastructure.
    6th The gold will soon bottom out while the BRICS will make the deal of the decade if not the century. And after that there will be a huge uproar in markets because there will be failings in the deliveries of gold and its highly unlikely everybody will silent about it. Not to mention the diplomatic pressure on London and to the US gov, because lot of country will want do an audit (especially after some diplomatic discussion with the BRICS countries) after this and if they don’t allow it. Well a lot of countries will switch the sides as Japan did recently because after 1st June Japan and China are dealing with each other directly in their own currencies without involving the US$ .
    7th and the most important this “slow burn: can’t continue forever ,sooner or later get to the parts which are essential to support this current system. And then 2 things will happen a) acceleration of the burning and it will be visible in plain sight; b) the last phase of the slow collapse, which will be fast.

    Your thoughts.

  8. Mohammad

    Greg,

    She is confident, and she knows her stuff, and she is reassuring, but I would bet her one million dollars, after all they would equal one dollar of now!

  9. Jeff Bertrand

    Greg,
    Great interview. I like what Ms. Austin Fitts had to say. As a business owner, it would be great to hear examples of businesses doing poorly in 2.0 and those doing well in 3.0. This would help me and the rest of the audience to understand better. Thanks again for all you do. Your service is invaluable.

    Best Regards, Jeff B

  10. Andy

    Interesting interview Greg, I found some of her ideas a little difficult to follow and comments like ‘the Indonesia tsunami was engineered’ and ‘what we are doing now is as bad as the Nazi’s’, was a little bit out there. However is was good to get another perspective of the future with a slow burn, as opposed to a crash … I hope you are right with your bet for gold’s sake and the dollar is below .80, unless we have the dollar/gold decoupling that is forecast by some.

    • robert

      retail stores, restaurants and malls are taking a huge hit. E commerce like amazon, ebay, and now google has join in in taking over. Walmart, Target , and even Cosco have seen their profits drop.

      • Baboo

        With all due respect but if anyone finds these two examples as ”being out there” you need to go back to Poli Sci 101. Setting off a nuke in a trench in the Indian Ocean is easy peasy for some folk. Wise up pilgrim.

  11. Jerry

    Greg, by the shear fact that you had Mrs. Fitts on your site is a statement that you truly believe in diversity. She talked for over 36 minutes and didn’t mention QE, Belgium, Gold backed Yuan trade platforms, or market manipulation, one time. She sounds more like a “hopeful globalist” than someone who has a grip on what’s going on in the economy.

    Greg, I don’t understand the 3.0 economic shift theory. Is there a model Mrs. Fitts can point to, where this has happened before? Its hard for me to believe that when this massive debt bubble collapses, we’re going to simply shift into a new economic system.
    Its never happened before that I know of, and from what I’m being told, the Chinese will have the upper hand since they have the Gold when it does take place. I’m curious to know what Mrs. Fitts thinks this 4o Trillion dollars that was stolen was based on. Fiat currency? Bank transfers on paper? or Gold?

    • wd

      Jerry,

      I feel the same way about CAF. She was a solid straight shooter 3 years ago. But now it sounds like a young child trying to tell you three different stories at once.

      I am just scratching my head, huh?! I see her now as a ” if-then, maybe, but then again, perhaps, it all depends” story teller. Nothing concrete, smoke screeny.

      But thanks Greg for the guests you bring on, a different albeit confusing perspective.

    • Anne Elliott

      In trying to figure out what 3.0 looks like, I was trying to figure out what 1.0 and 2.0 were… Maybe 1.0 is pre-Depression Lasse Faire – “let the buyer beware”. Maybe 2.0 is Roosevelt inspired big government, Social Security, social programs – disability and Public Aid being 2 of them, and Big Brother in general… So what would 3.0 be? She mentioned black ops, privitization of government (meaning less visible government), doing things for yourself, getting healthy and “aggressively” maintaining your health, and being your own manager. Maybe 3.0 is more about secret control – control of food, assets, minerals, jobs, energy and – basically – life. What scares me most about 3.0 is what happens if you fail at being a good self-manager, and you need help? If you have no friends and family to rely on, will the government just put you in a FEMA camp, and say no more EBT; we’ll just feed you his new Monsanto product for testing, and if you’re hungry, you’ll eat it and be grateful for it?
      Any thoughts on what 3.0 will look like 20 years down the rabbit hole?

    • lastmanstanding

      Nor is she the “picture of health” that she alludes is necessary for survival.

    • J C Davis

      Jerry. 3.0 for a righteous man that has not eaten in 4 days would be to wait for his neighbor to leave so he could break in and eat.

    • Colin - 'the farmer from NZ'

      Jerry
      I am somewhat puzzled too.
      The continued slow burn scenario seems unlikely to me for a number of reasons;
      #1 Firstly the three B’s – [Belgium Bond “Buying”] – is a pathetic attempt to hide the fact that US treasuries are no longer wanted.
      #2 There is no taper, in fact QE has actually increased, and yet the economy is in decline
      #3 If you factor in true inflation and the creative way of reporting GDP, it is actually shrinking dramatically – in spite of all the QE
      #4 US unemployment is somewhere around 25% real rate – in spite of all the QE.
      #5 The huge global shift to bilateral trading which excludes the use of US $s. This means that much of the overseas reserves of some US$16 trillion is no longer needed for trade – countries that hold them will need to get out of them
      #6 The likelihood that there is very little if not ‘negative’ gold reserve left in the US
      #7 The huge amount of gold contracts sold which has to mean that any day there could be a non delivery of gold when some party demands a large physical amount
      #8 The fact that the total derivatives market out there is roughly 20 times the GDP of the world and could unravel anytime.
      #9 Most of the biggest banks of the western world are technically insolvent and significantly worse off than they were in 2008. Any one of these could start the crash
      #10 The FED is owned by a private banking cartel that actually wants to crash the whole system so that the members of their cabal can steel most of the remaining wealth of the world
      #11 The gradual awakening of people globally that it is fundamentally a dumb idea to have a single dominant world reserve currency. This situation encourages extremely bad behavior by the encumberant country and is not a long term sustainable option when that country can hide most its debt and inflation in other countries. The fact that the Fed is privately owned makes this problem infinitely worse.
      #12 The fact that there has never been a Fiat currency in the history of the world that has not ended very badly. The amount of QE that has taken place in the US guarantees a similar result.

      • Jerry

        Colin
        Bingo on all counts.

      • Angie

        Hat tip to you sir.

    • EyesWideShut

      Andy,

      If you are up to date on current events from alternative sources, such as USAWatchdog, and others, you will know that Nazi tactics being used by the USA is NOT out there. Do you not know what’s happening in the Ukraine, Syria, Libya, Iraq, Afghanistan, Yemen, Nigeria, Venezuela …. and how these geopolitical events were started, and how the US empire has maintained its power for at least the last 100 years? The information is out there!

  12. rob

    Hilarious: Joe B. is proven to be a horses ass, again. Watch youtube video. They are Very funny.

    Hilarious——– Catherine, I promise you will laugh SO very hard.

    https://www.youtube.com/watch?v=WXIW1GKAvMM

    • Ugly

      I don’t know about 20 years from now. But 5 years from now Economy 3.0 means the Chip….

    • emeniag

      Truth is funnier than friction!

  13. Wayne

    Definitely a different view on how things will go. She sounds very similar to your interview with Martin Armstrong, US will be the “Last man standing”. I very much like her view point on health, I think American’s need to be more conscience of what they eat and their general health. Doing more “things for yourself” is always good advice and lets face if things go down, you simply cannot rely on others for assistance. “Pulling boots on ground”, I could not agree more. I would gladly spend more for food and fuel if it meant less American soldiers dying. Americans need to be more self reliant. Purchase American goods whenever possible. Get people off “assistance” and into the labor market. When and “if” the assistance is gone, it will get very ugly.. Another good interview Greg. Keep’em coming…

  14. Matthew Schimpf

    Fascinating interview Greg. Ms. Fitts mentions several times the concept of the “slow burn,” yet in my estimation the speed which a heat source transfers it’s energy is almost irrelevant because as soon as the flame (e.g., carried by s wick) hits the dynamite – BOOM! And since this slow burn has been active for twenty years or so, then by definition there is less time to the big boom than there was 20 years or even 20 days ago.

    Yet I inferred from the interview something that I have been ruminating about for some months now and that is: is what we are witnessing today, right now in reality, a dog & pony show? The common theme that runs through USAWatchdog and other alternative media is that something is horribly amiss. But is it? Is it really “out of control” or is it being perfectly orchestrated by “The Cabal?” Are things being coordinated into privatization as Ms. Fitts suggests, relatively flawlessly?

    There is a phenomena in quantum physics known as “Superposition” which in essence states that if you throw a tennis ball at your garage door, the ball has the potential to it any spot on the garage door and for some miniscule portion of time exists at every conceivable position before the door, at some point the “wave function” breaks down and the ball connects with a particular point on the door which occurs as a function of probabilities. My point or question to Ms. Fitts is then: is our economy in a state of superposition whereby it could theoretically land anywhere, or is the wave function breaking down towards a relatively predictable outcome?

    Excellent resource and interview Greg, might I suggest a dialogue with my very favorite guest: Jim Sinclair, sometime soon? Well done, and thanks.

    Matt

  15. Felicia

    Greg, great interview with Ms. Fitts. I’ve been getting my head around what she & her guests on Solari are saying about what really has been going on behind the scenes with TPTB (Nazis were 1 part of it). And another person connecting the same dots, Dr. Paul McGuire, all points to extreme evil becoming more & more overt in their operations. But…the amazing power for good that is put into play by II Chronicles 7:14 being acted upon will be interesting to watch. As always… you, your guests, your viewers all help to put forth the truth. And as we know the truth will set you free.

  16. EyesWideShut

    So, according to Catherine, this collapsing economy (http://theeconomiccollapseblog.com/archives/27-huge-red-flags-for-the-u-s-economy) is going to keep chugging along because of our military might and currency reserve status? I don’t see how it can between the collapsing 1.0 economy, and the US provoking countries all over the world. Given the partnership between Russia & China, and other non-western alliances, who are sick and tired of America’s destructive imperial tactics, and who are in the process of discussing how to limit America’s financial influence, I don’t see how this can keep going! I’m sticking with my view of a failing US$ this year! We’ll find out soon enough!

  17. allen ols

    GREG, ugly, last M, g5, jerry jc mike and more…..

    Wal-Mart Profit Plunges By $220 Million as US Store Traffic Declines by 1.4%
    Target Profit Plunges by $80 Million, 16% Lower Than 2013, as Store Traffic Declines by 2.3%

    Sears Loses $358 Million in First Quarter as Comparable Store Sales at Sears Plunge by 7.8% and Sales at Kmart Plunge by 5.1%

    JC Penney Thrilled With Loss of Only $358 Million For the Quarter

    Kohl’s Operating Income Plunges by 17% as Comparable Sales Decline by 3.4%

    Costco Profit Declines by $84 Million as Comp Store Sales Only Increase by 2%

    Staples Profit Plunges by 44% as Sales Collapse and Closing Hundreds of Stores

    Gap Income Drops 22% as Same Store Sales Fall

    Ann Taylor Profit Crashes by 75% as Same Store Sales Fall

    American Eagle Profits Tumble 86%, Will Close 150 Stores

    Aeropostale Losses $77 Million as Sales Collapse by 12%

    Big Lots Profit Tumbles by 90% as Sales Flat & Exiting Canadian Market

    Best Buy Sales Decline by $300 Million as Margins Decline and Comparable Store Sales Decline by 1.3%

    Macy’s Profit Flat as Comparable Store Sales decline by 1.4%

    Dollar General Profit Plummets by 40% as Comp Store Sales Decline by 3.8%

    Urban Outfitters Earnings Collapse by 20% as Sales Stagnate

    McDonalds Earnings Fall by $66 Million as US Comp Sales Fall by 1.7%

    Darden Profit Collapses by 30% as Same Restaurant Sales Plunge by 5.6% and Company Selling Red Lobster

    TJX Misses Earnings Expectations as Sales & Earnings Flat

    Dick’s Misses Earnings Expectations as Golf Store Sales Plummet

    Home Depot Misses Earnings Expectations as Customer Traffic Only Rises by 2.2%

    Lowes Misses Earnings Expectations as Customer Traffic was Flat

    • Jerry

      Allen,
      Very Eye opening/ Definitely no slow burn here.

      • allen ols

        Jerry, i sent these stats to the jackass, and below is his response, 🙂

        Jim Willie CB
        8:37 PM (20 hours ago)

        to me
        Good God !!

      • J C Davis

        Jerry. It is slow for those that don’t know.

    • Galaxy 500

      Al
      Clintonians pushed NAFTA thru and that is what destroyed good paying manufacturing jobs here and lead to the start of our economic decline .

      • allen ols

        g5, wd, art b;

        Yes, nafta, what a hoax, also there was an law repealed from the 1930 s depression that put a wall between the citizens savings and what the banks could take and use, but i forget its name. cliton, summers, and rubin repealed this law. the stats above I got from the ECONOMICCOLLAPSE.COM and just copied and pasted. check this out;

        The nations presently running from our petrodollar are India, China, Iran, Japan, South Africa and Australia have signed their own trade agreements and their currency of choice is no longer the dollar!

        When the collapse of the dollar occurs, it will literally and figuratively come like a thief in the night, and I do mean overnight!

        We are all familiar with the concept of inflation, which is the intentional byproduct of the Federal Reserve. But I am not just talking inflation, I’m speaking about hyperinflation which is caused by the collapse of the value of the currency resulting in runaway prices. Here are three examples of how quickly a currency collapse can occur when a nation’s money when its money no longer holds it value:

        1. In Weimar Germany, from 1922 – 1923, prices doubled every three days.

        2. In the modern era, in Yugoslavia from 1992-94, witnessed prices doubling every 34 hours.

        3. In Zimbabwe, in the two year period from 2007 – 2008, prices doubled every 25 hours.

        History is replete with examples of currency collapses and they typically follow very predictable patterns in which a nation unravels and social chaos, and many times, widespread violence and even genocide becomes part of the national landscape.

        shtf.com

        • allen ols

          g5;

          Ha, here it is, glass-steagal act, repealed in 1999, of which cliton admitted it was a mistake, google it. more from dave hodges from the http://www.shtf.com article.

          What Does a Currency Collapse Look Like?

          It can accurately be stated that a lot has been written and rehearsed by the federal government on the topic of the effects of a currency collapse and its subsequent impact on society. NORTHCOM, DHS and FEMA as well as other federal entities have practiced for this eventuality. In each and every scenario, the facts remain the same, human beings and society follows a very predictable pattern of decline when the currency of the day collapses. And normally, the currency collapse comes without any warning to the general public.

          When George Soros recently pulled his money from the S&P 500 and from Bank of America, Citibank and JP Morgan, all Americans should have sat up and taken notice. Generally, when the currency collapses, a stock market crash is right on its heels. Because of the repeal of Glass-Steagall, a banking meltdown will immediately occur following the collapse of the stock market because since Clinton’s presidency, banks are now allowed to loan money for investment in the stock market and for down payments for homes. It was irresponsible of Congress to repeal Glass-Steagall, because it made surviving an economic Armageddon a near impossibility just as it did during the 1929 crash.

          In a currency collapse, your life savings will be wiped out. From this point on, the effect cascades like a roaring tsunami racing across the open ocean.

          not a slo burn as CAF puts forth.

          • Jerry

            Allen
            Right on all points.

        • Geo. T (formerly George)

          NAFTA was a hoax? I saw what NAFTA did to Canadian business that I had a 10% advantage over. And I saw what it did to the USA when there was much more of an advantage.
          Al, manufacturing jobs create wealth. Wealth generation is what kept American currency strong and made us a force to be reckoned with. We don’t have wealth creation now nor do we have a force to be reckoned with. You say NAFTA is a hoax yet you regurgitate all these insane conspiracy theories. And the law is called Glass-Stegal

          • allen ols

            Geo T
            when I said it was a hoax, i implied, 98% of the american sheeple accepted it, not realizing its devestation on the Jobs here in usa.
            The clitons and bush, and congress wanted it, as they are all in the same bedroom, shaving ea. others leggs. By hoax I didnt mean to imply –a non fact.

          • Galaxy 500

            Dude you need to.read the whole thing before you.respond. Al is saying that the whole NAFTA presentation by the powers that be was a hoax. Think you.owe Al an apology

        • Galaxy 500

          I agree Al. ALL the NAFTA is good was a big fat hoax.
          And GlasssSteagall being repealed was another anti middle class Clinton deal.
          I couldn’t believe that the unions of all people bought into Clinton’s bs

    • wd

      Allen,

      I did not know it was this extensive. This is a big deal, thanks for posting. We live in an economy that is over 70% dependent on consumerism.
      This is really bad.

    • art barnes

      Yea, and the DOW hit an all time high this afternoon, go figure that! Sure sign that the markets are not real markets anymore. Allen, CNBC failed to and or forget to mentions all you stated in your telling economic retail factoids, they see buy signals behind every job loss the middle class sustains, now I ask you how can the economic media sustain their credibility, frankly its beyond comprehension in my mind.

    • lastmanstanding

      Al…excellent! I hope they all go down the tubes…sooner the better.

      They killed mom and pop…it is now time for revenge. I don’t support any of these bastards. Haven’t for many years.

      Corpco must be destroyed and humanity must learn to work together.

      “don’t go down without one helluva fight”

    • Ugly

      Allen.
      The problem with today’s economy is that all big businesses and big farms and big corps rely on the Govt for a subsidy in one way or another. When taxes are down and people have no money then even the big boys start to falter without help…?

    • wd

      Allen

      A friend’s friend ( 2 degrees separation) is co-counsel for STEINMART., a discount higher end store. He told us that stores along the gulf coast are showing sales missing sales goals by a lot. Steinmart is much smaller store than a Penny’s but it is very niche driven.

      It is truly a place where you will see upper class and lower class shoping for the same higher quality clothes/ shoes etc. That is why this is important, all economics is local and this is not good.

      He said the graphs showed the color red all over the place, he quoted that Jay Stein is very worried now. Not scientific but reliable.

      Thanks

      • allen ols

        wd

        i have heard of stienmart tks

  18. sommers

    Catherine. we can’t see your eyes. Either close the blinds or take your glasses off, please.

    • mark

      Indeed, I would like to believe that if I were the optician who advised her on the purchase of her eyeglasses when she had her Rx filled, I would have adequately demonstrated the benefits of purchasing an AR (no glare) coating for her lenses. It makes all the difference.

  19. Smaulgld

    Another good one from Catherine. Anyone else feel like we have been in a holding pattern for such a long time, just one step away from a catastrophe that doesn’t happen?

  20. htc

    I dont think the United states is in for another major shooting war. With all the countries dumping US debt I would say our economic situation will be our end. Now, I wouldn’t rule out some major natural disaster or another “planned” attack on u.s soil to make sure we are effectively removed from world power status. My observations come strictly from a biblical perspective and as I watch new developments come forth I attempt to put the pieces together, CAF may be correct about this emerging 3.0 economy, but I believe it will take place after the US is in 3rd world status. Just my .02

  21. Old Dog

    Interesting commentary.
    Two systems at work side-by-side: one overtly (that is dying, 2.0); one covertly (that is flourishing, 3.0). I am a “state it clearly” type of person, so I am not overly fond of lots of words that allude and imply without stating something flat out.

    2.0 is dying. “The government” is 2.0 (implied) as tax revenues fall due to unemployment/fewer people working to give their hard-earned dollars to the government to pay for Social Security and other social network programs.

    3.0 is flourishing, but is covert. It uses “force” (both overtly [boots on the ground] and covertly [black operations] to maintain and control its agenda. It is big into technology (which Snowden [bless his heart] has been warning us about).

    Is not 3.0 also government?
    Who is this “Empire” she speaks of?
    Makes me think of the the “good cop, bad cop” ploy.
    Do we have a “good government, bad government” ploy going on, and the “good guy” is dying? That leaves us in the hands of the “bad guys”.
    We know that. But it would be nice to have a better understanding of the “bad guy.”
    It is easier to fight a enemy you know than to fight the unknown.

    Unfortunately, I am an “old dog” trying to live in the 2.0 system. I am not as concerned for myself as I am for my children and grandchildren. You stated several times that you wanted to talk about what people should do. Although Catherine did allude to what people should do: 1) Keep learning and acquiring new skills; 2) Take control of your health — the question basically went unanswered.

    Acquire what new skills? The goal is what? Just to cut expenses as incomes/revenues fall? Or is she suggesting we must acquire the skills that will incorporate us into the 3.0 system? One big question is: Do we want to be in the 3.0 system? I do not believe I would want — or want my children/grandchildren — to be a part of this emerging covert and immoral system that uses “forces” to keep itself in complete control.

    It is as though Catherine says a lot of things, but in reality she alludes to a lot of things, without being clear, forthright and succinct. Why? Fear or self-preservation (one must give her money [subscription] to get her advice?

    I don’t listen to any of USA Watchdog guests who are best selling authors peddling their latest book. I have a problem with people who are “warning” the American people about the coming economic crisis, while they fill their own pockets with the dollars of the American people. Who is fleecing the American people? Perhaps the answer to that question is “just about everyone.”

    Back to the point, it was stressed that you wanted to know what the American people should do. I do not believe the question was answered in a way that helps most of us.

    Long ago, long before the economic crisis became the “top topic of the day,” this old dog understood the need to be in control of my own health and food supply. The Lord told us through Brother David Wilkerson 40 years ago that this crisis was coming.

    • emeniag

      Old dog, the lord, God almighty, Jehovah, loved the world so much, he sent Jesus Christ, his son, down here to warn us and it’s just now sinking into our thick skulls some two thousand years later! So praise the lord and pass the freeze dried humble pie! LOL_SOS!

      • Old Dog

        Our only hope is Yeshua Messiach (Jesus Christ).
        He came the first time to save.
        He is coming again to judge.
        In between, He warned us that the times would become perilous.
        We have arrived.

        His Father (my God) is in control of everything.
        I put all my trust in Him alone.

        • Greg Hunter

          Amen Old Dog–Amen.
          Greg

  22. dchayden

    Catherine Austin Fitts knows her stuff…no doubt about that, and I like her different point of view. However, if she can not see the civil unrest that is coming, she will need to branch out into human psychology and history a little more. The economic downturn is not the only factor to civil unrest, it is much more complex then that. The sheer amount to which your federal government is arming itself, and firing top military generals ( a topic of its own,) is enough to provide strong clues, without factoring in the economic news. But the biggest indicator of coming civil unrest, does not come from theories or projections, but from the populations actions and reaction in real time…now. Increasing distrust among general population and police forces, reactions to food engineering, Sheriffs conflicting with Feds over constitutional issues, militarization of police, indefinite detention, drone use over US soil ( especially the day when one “neutralizes a target/s” at home,) land grabbing and disputes over an unusually well armed Bureau of Land Management. And of course the explosion of conspiracy theories also reflects distrust. Greg, economics aside…when their is a massive distrust and separation of priorities between the people and their government

    • dchayden

      …I can only believe it will get much much worse before it gets better. * Also, I find it disturbing news that HAARP may be privatized. If I am not mistaken, (correct me if I am wrong) I seem to remember years ago, reading that there was a UN treaty or agreement of some kind that weather influencing technology was not to be used as a military application. So what does privatization do for that agreement? As well for domestic use on agriculture. Ps. Sorry about the comment breaking into two parts.

      • Angie

        The question to ask about HAARP is what was the price tag (I am betting it was huge) and who could afford it – a tightly held group of investors no doubt – and then who owns them.

        • dchayden

          Agreed. The price tag would have to be huge !! HAARP and other weather influencing tech placed in private hands, could prove to be devastating to agriculture. Take for example, the power Monsanto would have in destroying farm land via drought, and buying it up cheap. Just an example I know, however, the potential for weather influencing tech is massive, and many many billions could be made from private implementation. As well as this, I am almost positive that the UN treaty that once banned government use of weather tech as a military option on foreign countries…said nothing in its wording about “domestic” use. Boy I hope I am wrong here : /

          • Angie

            It can be used here or at the operation country’s home but not abroad. I do not know enough about HARRP but I do know when you mess with nature it ends up biting you in the hiney … I am nervous about this whole thing.

        • JC Davis

          Angie.
          http://www.adn.com/2014/05/14/3470442/air-force-prepares-to-dismantle.html Built at a cost of more than $290 million, the site has 180 antennas on 30 acres that are used to direct energy into the ionosphere, which is 55 miles to 370 miles above the Earth, and monitor changes in the flow of charged particles. Stevens was the godfather of HAARP, which he helped start two decades ago with annual earmarks slipped into the defense budget.

          Read more here: http://www.adn.com/2014/05/14/3470442/air-force-prepares-to-dismantle.html#storylink=cpy

          • Angie

            TY Davis, nice to know.

  23. Jerry

    Greg, I have had more time to think about your interview with Catherine Austin Fitts and I have a question for you, if you feel like answering it. What is it about these world Bankers that all paint this cheery outcome from their economic forecast ? Catherine Austin Fitts talks about this new 3.0 system, fueled by $40 trillion in stolen money from the power brokers, and then we have Karen Hudes talking about Trillions of dollars in stolen gold hidden the Philippines that will save the worlds economies. It would be nice to believe that, and I certainly hope its true, but I don’t think the NWO power brokers give a tinkers damn about what happens to the common man on the street.

    From what I’m hearing we’re going into a Gold backed system that will totally replace the Fiat one that is currently used, and if we’re lucky we’ll be working in a Chinese sweat shop once the smoke of collapse clears. It would be nice to dream of a world without economic strife, where everyone lives in harmony, and there is no poor among us. But I don’t think we’ll ever get that from a Banker, do you Greg?

    • Greg Hunter

      Jerry,
      Catherine Austin Fitts makes us all think. I just want a divers group, and she does have credentials and knowledge. I understand your point and thank you for making it here.
      Greg

    • HeavenKnowsMr.Allison

      No Jerry, but Jesus threw out the money changers and promised that “things would be done on earth as it’s done in heaven,” you can bank on that!

      • Greg Hunter

        Amen brother Mr. Allison.
        Greg

      • lastmanstanding

        That is why you need to store the bounty of the earth to survive what is coming.

        “and that’s all I got to say about that.”

  24. Galaxy 500

    Greg
    I think I sometimes am guilty of pointing out the obvious. If we have war we are going to have an economic collapse. Wars are expensive and we are broke. We are right on the ragged edge of the bankruptcy. Instead of creating wealth the old fashion way, we print it out of thin air.
    if war is declared, look for your 401-Ks to be confiscated in the name of national security. We will not be able to sell bonds on international market and since NAFTA, we have eviscerated the middle class all so some CEO’s can eke out a bigger bonus for the quarter.

  25. Lt. Dan

    I’m glad you have Catherine on as we need diversity of opinion as much as possible considering our current economic state. If I understand correctly the developing 3.0 Class Catherine discusses the admittance to this club comes at a capitulation of values and morals. We’re discussing the developing markets of Drones, Darpa Tech, KBR, Domestic Counter Intelligence, Black Internet and more. What she failed to address is the attack on the middle class in particular the crisis regarding costs of food running at 22-28% inflation with projections of 30-40% after June. How can Americans adapt for the 3.0 economy when food and now energy costs are soaring? I agree with a previous reply requesting V-The Guerilla Economist…also Dr. Jim Garrow for future guests.

    • lastmanstanding

      Lt. Dan. The earth is about to draw the line on what is real and what is not.

      Our creator has made it clear what is necessary for survival.

      A new truck is not necessary. Seeds, friends, shelter, protection will go along way.

      • allen ols

        lastman, jc, jerry, wd, ugly, mike and more;

        I recieved the 2 D-lights s300, yest. and also, p/u a bag full of durecell recharg. batteries, aaa, aa, w/chargers from toys r us yest. also. I use these for my game cams, and pulsar night vis. to hunt roving cyotes trying to get my chickens. act. my chicken wire had a hole chewed in it, and some one told me the cyotes do this. had to put heavier ga. wire around it. one of my game cams caught 2 cyotes jumping around one of my coups. I am ordring 10 road island reds soon.

        • JC Davis

          That’s great Allen . I would be thinking the fence problem would be a raccoon. I sit out old frosting buckets from the local bakery. The raccoon’s eat from the buckets and leave.

        • Anne Elliott

          Try some Anaconas (sp?) – they lay blue, green and pink eggs and are good layers too. 🙂

  26. Charles H.

    Greg,

    I can’t seem to “sync” with CAF. While her description of a “slow burn” does fit the situation; but must disagree when she says Energy Production is a key – while fracking reserves were revised down 90-some percent. The price of oil isn’t going down. She appears to try to keep a foot in both camps: choosing from the Preppers what suits her, while trying to keep in the economic game on the other. That may be a safe and comfortable position to take: but it deviates from a consensus of opinion. Too much experience on my part leads me to believe the world is more pernicious, sneaky and evil than how CAF portrays. America is behaving badly; the world will refuse doing business with the ‘scorpion’; and no matter how the US transitions into a Third-World economic has-been: there will be effectively a Martial-Law, Big Brother scenario that will make the past Soviet model look pale by design. Technology may give people a nice carrot: but much more serves to enslave than enlighten.

  27. vincentg

    Greg – you may have lost a dollar.
    I think Catherine will win that bet.

    There is also a point you made about the VP saying buy a shot gun.
    That line is out of context.
    Biden’s suggestion to buy a shot gun was to suggest the shot gun as an alternative to a rifle.
    So he’s saying instead of buying a rifle buy a shot gun.
    Why was he saying that?
    Kill radius is the reason.
    A rifle has a much longer kill radius.
    Biden’s viewpoint is not much different than the others in my opinion – they want no guns.

    Lets see if we can make this clear as most still don’t understand why the US will still rule for quite some time.

    The Other countries will not drop the dollar as it would wreck them if they did.
    Imagine a banking system that comes to a complete halt world wide.
    That’s what would happen if the US goes down.

    The Credit Cards and the systems that support them are run by US banks.
    Visa, Master Card, AMEX, Discover Card are all run by US banks.
    Turn off that system and you have world wide chaos.

    So the question is how long can this go on.
    A long time as it would take many years for other countries to replicate the systems the US companies control.
    Just trying to get the funding to build such systems would be a monumental task.
    I don’t see any country that has a banking system that can unseat the US banks.

    If it was not for the Petro Dollar, the US Dollar as the reserve currency, the banking systems and other technology controlled by the US things would be much different.

    As long as the Game Masters control the game nothing much changes.
    The trends continue where the classes will become only two classes ( Rich and poor )
    This is due to a money system that takes from the many and gives to the few.

    While those that are in control are doing all they can to combat Global Warming the world is running out of Oil.

    When Oil becomes scarce many Billions will face starvation.

    For those that don’t understand that there is a film out there called Collapse.
    That film is an eye opener as it shows how Oil has made it possible for the world population to grow beyond it’s normal level of one billion people.

    Having looked into that problem I have found that when the day comes that Oil is no more will not be a thing that happens gradually.
    It will take place very quickly as the remaining supplies will dry up in a short period of time.

    Armies are useless without Oil – Jets can not fly nor Tanks roll.

  28. Joseph

    Anybody who says that the Indonesian Tsunami was “engineered” may be out of touch with reality.

    • Arthur

      I’m with you on that one Joseph!

    • Galaxy 500

      Just out of touch? Dude, its Looney tunes. Almost as funny as the govt buying ammo to keep the ammo companies in business.

      • allen ols

        g5,

        when obama was pushing gun control, I think I heard a comment by someone, that geo soros would buy the ammo up to control the guns. when I say the govmnt buys the ammo, it is to keep it out of the hand of the patriots, but 2, to keep the military in ammo, ie the postal co., usda, fema, dhs, and soon social workers. this is the control

        • Galaxy 500

          Al
          I.dont.think G Soros is buying ammo except for himself but I believe the govt is militarizing their agencies and buying ammo.to use against us. As a bonus it also.takes the.ammo off the civilian market. Ive been told that govt is buying ammo in calibers they dont have guns for yet

  29. Albert Tesla

    Why education will never be truly revamped.

    Knowledge is power.

    Giving someone power, jeopardizes the establishments position in the “food chain”.

    teaching kids all things tech related (computers, programming, etc) can have more of an impact on the future then if you taught them professional military training…

    governments may run the world, but the hackers control it (literally).

    Also, @ andy….

    Look up Tesla’s oscillator.

    in 1898, Tesla, by himself….caused an earthquake in NYC….

    I’m not saying its true.

    But is indeed possible.

    • Galaxy 500

      Albert you wrote,”Look up Tesla’s oscillator.in 1898, Tesla, by himself….caused an earthquake in NYC….
      I’m not saying its true.
      But is indeed possible.”

      You’re not saying its true but you put its out there like its true?

      • ALBERT Tesla

        @ galax.

        Who knows whats true.

        All I’m implying is that its in within the realm of science / physics for a man made earthquake to be created. it is not as farfetched and impossible as people perceive it to be to create a natural disaster of epic proportions.

        • Galaxy 500

          So based on the “anything is possible” we are.going to.put.on a real.news site that earthquakes and tsunamis are being generated along with weather control. Dude, show me some verifiable proof instead.of some poorly shot alien autopsy video or the.like. and we can talk. But.instead of facts y’all throw out the keep an open mind any.thing is possible. I am betting its.MORE possible you that you like fairytales. The sun could go nova tomorrow morning but based on those pesky things called facts, it aint damn likely. Just because something is possible doesnt mean its within the realm of probability.

      • allen ols

        g5

        40 yrs ago, we talked of lasers as weapons, it was all hypothetical, we now have them. We talked of cloaking technology, from star trek, and stealth tech. we now are moving into 3 gen. of stealth, and not to mention the 10 chinese scientists on the lost plane, unfound, carrying elect cloaking tech. then we bring up HARRP, and u find it un thinkable, who would guess we woul be fracking for oil 40 yrs ago, talking on cell fones, like dick tracy, or fighter jets the can take off vert. and land vert. or f22 raptors flying supersonic with no afterburners, and directional nozzles to turn a plane left in mid flight. Your tooo much the skeptic, but i think we here at the comment ‘night line’ have grown accustomed to it. 🙂

        • Galaxy 500

          Al
          I.love scifi but I am.a.professional.skeptic. you can buy, into .all the what ifs you like. I prefer things I can prove. Sure we have made a lot of advancements in science. Take you cloak.of invisibly. If you look at what they have as an example of proof of concept its laughable. You.have.to start somewhere but you talk like its a done deal. VTOL is not a big deal. Its just an extension of vectored thrust. It aint magic . But wearable gravitational lensing now thats magic. Sure its possible to bend light around something with.gravity but you wouldn’t want to be.wearing it…they call that a.quantum singularity

  30. Angie

    I do not trust this woman. To equate our prison system with the Natzies is so far from reality she should have been struck by lightening. Then the idea that China is an economic power – it does not have a middle class not to mention the social unrest in China – is also questionable. As for the question of war, it is imminent.

  31. Rich M

    I am hesitant to do this as I do not want to offend anyone here and respect everyone. Many of you may be aware, that LDS members have been counsiled for years to store 1-2 years worth of food, stay out of debt, and try to stay healthy. While LDS people believe Joseph Smith was a prophet, much like Moses or Abraham, many more people do not know or do not believe he was a prophet. I am ONLY posting this because it is VERY interesting what he said back in the 1800’s when talking about the fate of the United States of America. Please please please do not take offense by any of this. I am not trying to push my LDS beliefs on anyone here. I am ONLY presenting this because these quotes are very interesting and tie into many things that have been discussed. Just as the storing of a food supply also ties into our concerns and things we discuss. So take these as you will.
    Also, these are accounts written by other LDS members years after Joseph Smith was killed as to what they thought they had heard him say…. These are not considered official prophesies by the Church of Jesus Christ of Latter-day Saints a.k.a. LDS or Mormons. They are archived though as LDS historical data.

    Here are the two quotes I had seen before that apparently Joseph Smith had said. I find them very interesting.

    1)
    Second Great Rebellion or Chicago Quote – A. Milton Musser papers, LDS Church Archives.

    This was a letter from Nephi Packard to A. Milton Musser on July 24, 1896:

    “…Prophet Joseph said that the next great (U.S. civil) war after the war of the rebellion (the Civil War of the 1860′s between the North and the South) would commence in a little town now called Chicago but at that time it would have grown to be a very large city. And another brother told me that the Prophet said that the cause of the next great trouble of the United States would be the depreciation of the currency of the United States. I believe I have given you all the facts in as short and concise manner as possible.”

    2)
    And recorded by Mosiah Hancock:

    “There will be two great political parties in this country. One will be called the Republican, and the other the Democrat party. These two parties will go to war and out of these two parties will spring another party which will be the Independent American Party. The United States will spend her strength and means warring in foreign lands until other nations will say, “Let’s divide up the lands of the United States,” then the people of the U.S. will unite and swear by the blood of their fore-fathers, that the land shall not be divided. Then the country will go to war, and they will fight until one half of the U.S. army will give up, and the rest will continue to struggle. They will keep on until they are very ragged and discouraged, and almost ready to give up—when the boys from the mountains will rush forth in time to save the American Army from defeat and ruin. And they will say, “Brethren, we are glad you have come; give us men, henceforth, who can talk with God.” Then you will have friends, but you will save the country when its liberty hangs by a hair, as it were.” – Autobiography of Mosiah Hancock

    As stated above, these are not actual official revelations that are officially recognized by the LDS church for one reason or another. They were recorded by members of the church. A. Milton Musser was later made the official church historian in 1902. I just find these interesting given what we are seeing.

    • Galaxy 500

      No offense is meant but Take all the offense you like. My Bible says add nothing to it and take nothing away. That includes the fiction written by mr. Smith.

  32. mushroom

    Greg.,

    There are simply too many other “experts” I have heard interviewed by you with excellent credentials who agree with each other on major issues and completely disagree with Fitts on the timing of the impending cataclysm.

    I would bet on Roberts, Rickards, Nenner, Willie, Casey, Black, ShadowStats, et al…

    Thank you

    • allen ols

      mushrom, agreed, tks

  33. allen ols

    greg
    Ecuador can kiss their gold bye bye!

    from Bloomberg.com

    Ecuador agreed to transfer more than half its gold reserves to Goldman Sachs Group Inc. for three years to give the government easier access to cash.

    The central bank said it will send 466,000 ounces of gold to Goldman Sachs, worth about $580 million at current prices, and get the same amount back three years from now. In return, Ecuador will get “instruments of high security and liquidity” and expects to earn a profit of $16 million to $20 million over the term of the accord. The central bank didn’t detail additional terms of the transactions, such as any fees or financing costs paid to Goldman Sachs.

    The deal comes as the South American country’s government, which defaulted on about $3.2 billion of bonds five years ago, seeks to cover a budget deficit forecast by the Finance Ministry to swell to a record $4.94 billion this year. President Rafael Correa said in April he also planned to sell about $700 million of foreign debt this year in the country’s first international bond sale since the 2008 and 2009 default.

    Continue Reading at Bloomberg.com…

    • Galaxy 500

      They’ll never see that gold in this life or the next

  34. thomas

    Please refer me and others to where Ms. Fitts writes about the $ 40 trillion stolen from global consumers via the masters of 3.0.

    • Greg Hunter

      Thomas,
      She said it in other interviews on this site. You can find all her interviews if you use the search feature on the site. It is near the upper right side of the page.
      Greg

  35. Doc Casull

    Dear Greg,

    The Biden “buy-a-shotgun” is documented in the video below. He was not really advocating self-defense as evidenced by his FELONY advice that will land your posterior-superior in prison. Watch the video, it explains why you need to buy an AR15. Then buy another one for the woman in your life. Then train hard and live free…

    Mom’s Demand AR-15’s (Girl’s, Get Your First Gun & Stand Your Ground!)

    http://www.youtube.com/watch?v=v2DGotEMM6Y

    HITLER TOOK THE GUNS! (National Socialism Gun Control, NEVER AGAIN!)

    http://www.youtube.com/watch?v=rpW5Mo329X8

    Your interviews with CAF are the best, but leave people confused about what to do next… “May you live in interesting times.” was supposed to be a curse.

    Cheers,
    454

  36. Eddie Laidler

    Greg here is a link that I take with just a grain of salt.
    http://goo.gl/NXMJsQ
    What worries me is that I just saw the same thing at Walmart.
    Thinly stocked shelves and higher prices.
    It may be time to accelerate or change ones purchasing habits .

  37. Cry Me a Ruble

    I don’t know why but in her face and manner she reminded me of a Progressive older female Professor I had back at University. Of course that is speculation. Catherin Austin Fitts seems perfectly knowledgeable of all the facts. Still the perception remains.

  38. dufis

    ‘People need to be prepared for what’s coming’ and ‘we’re constantly being robbed over last 20 years’ and you don’t ask ‘what should they practically do with their money in the bank’ instead you push your stupid ‘over night collapse’ leading questions!! Annoying Greg, very annoying.

    • Greg Hunter

      What is “stupid” is you don’t know that by now Dufis. What IS “Very annoying” is getting a comment like this on a free site.
      Greg

    • Geo. T (formerly George)

      Dufis,
      An appropriate nom de guerre if I have ever heard one. Did you see how well the people in Cyprus made out? What they learned is that all Euros are not created equal nor are all Eurobonds. My 401K was raped multiple times over the last 20 years, perhaps you didn’t have one or perhaps you are cozy with the government. Which is it? As its the only way you wernt robbed in the last 20 years.

    • Eddie Laidler

      I don’t think Greg would TELL ANYONE what to do.
      That is one of the reasons why I trust this site.
      Nothing being sold.
      This community thinks for itself and has access to quality information.
      Beware of those that dictate what you should do with investments,cash,metals and so forth.
      If any strategies are being given it is from the guests and community.

  39. Jerry

    Yes, Catherine Austin Fitts has credentials alright.
    http://en.wikipedia.org/wiki/Catherine_Austin_Fitts
    The one that sticks out to me is her stint as a Wall Street Banker with Dillon, Reed & Co.
    Somehow Banks and Wall Street in the same sentence doesn’t set well with me. Maybe its because we’ve had our financial eyeballs gouged out with this group from the never ending Fed pump and dump scheme that’s driving us off the cliff. Just my opinion.

  40. wd

    Greg,

    Do you know of anyone who can somewhat tell us what a post USA will look like. I know this is not an exact science but, any angle would be great. I realize Dimtry Orlov was an expert on post USSR collapse, but even he says this is way different.

    Thanks

    • allen ols

      WD
      http://WWW.SHTF.COM just posted an article by dave hodges here is a snipit

      In a currency collapse, your life savings will be wiped out. From this point on, the effect cascades like a roaring tsunami racing across the open ocean.

      Hurricanes Katrina and Sandy demonstrated that gas stations will be bone dry within two days following a complete collapse. Subsequently, commerce will not move. If you are on vacation, you may not make it home. On the second day following a currency collapse, being on the road will be a risky endeavor because of other desperate motorists who will lie in wait to rob other motorists of essential supplies and resources.

      With no available fuel, the grocery and drug stores will be empty within one to three days. There will be no food to be had except for that which is decaying in your refrigerator and that in which you can beg, borrow and steal from your neighbors who will also be begging, borrowing and stealing. from your other neighbors. If you have an adequate food and water supply, you better have an adequate gun and ammo supply in order to defend your assets. And when will you sleep? The protection of your critical assets is a 24/7 proposition. Therefore, having a cooperative survival plan is critical.

      Without gas, people will stop going to work. Corporations will disappear overnight. Hurricane Katrina showed America that the police cannot be expected to stay on the job more than 48-72 hours as they will be home protecting their families and foraging for food and water like everyone else. The emergence of former police, now operating as gangs, will become common in an effort to secure the products which will ensure survival. Therefore, when your home is under attack, there will nobody to call. Everyone will be on their own.

      The elderly and the chronically ill will be the first to die. Too old to defend their assets, the elderly will find themselves overpowered as they will make easy preys of opportunity for the roving gangs. The chronically ill will have no way to procure their medication and even if they survive the looting rampage which will follow a currency collapse, these poor souls will perish without access to their life-sustaining prescriptions.

      The money in your wallet will be useless. Cell phones will not work. Heating and air conditioning will not work either and depending on the time of year, the environment could prove deadly to untold numbers of people.

      Water treatment plants will stop operating for the same reasons that you will not be able to find a cop during this crisis nobody will be manning the water treatment plants. Toilets will back up and diseases will spread like wildfire. Cholera will become the leading cause of death even surpassing homicide. Something as simple as toilet paper will become a prized commodity. There will be no trash pickup and more disease will result due to the increased rodent population.

      looters-3Clean drinking water and hunger will become the dominant motivator in society. Roving bands of looters, turned murderers, will sweep through neighborhoods seeking to obtain these critical elements of survival. Young women will sell themselves for a can of food for their children. Society will see the widespread loss of human dignity and self-respect.

    • Paul from Indiana

      WD–I don’t know how old you are. I’m 61, so I grew up in the glory years of the ’50’s to early ’60’s in this country. So far as I can tell, we’ve been in the “post USA” period since the Arab Oil Embargo of 1973, which was a response to Nixon’s decision to let the dollar float. We, the people, lost and/or resigned control of the country. The specifics with regard to events, timing, and consequences are actually beside the point. The trend is clear, and the track record is unmistakeable–more government, more control, more lies, more false prophets/experts. You are intelligent, or you wouldn’t be a participant here. Don’t let anyone do your thinking for you. Best always. PM

  41. Merc

    …yup, her job was to talk up the US Dollar And to dis gold …
    hey, no prob, just look at the light bouncing off her glasses, like a messenger from…?

  42. foggygoggles

    I think a lot of the confusion around this interview is that Catherine has gone into greater detail about many issues in previous interviews. Unfortunately, if one missed those interviews, what she says now is confusing. My understanding of her point of view is that the transition from 2.0 to 3.0 will be incredibly difficult, painful and perhaps life ending for those not prepared mentally, intellectually and spiritually.

  43. Larry W. Bryant

    == Q: In Amerika, What’s the Difference between Government Propaganda and Corporate Propaganda? ==
    A: Very little. The former seeks to control the masses, whereas the latter seeks to control the former. — Larry W. Bryant (3 Jun 14)

  44. petedivine

    I believe CAF is absolutely correct on her assessment of the 3.0 economy. The 3.0 is a command and control style economy leveraging technology to manage and control resources in the public and private sectors. Here are two examples. I was speaking with a retired pharmacist who told me that they didn’t need pharmacologist any longer because of the new systems that pharmacies have deployed. Vendors such as CVS, Wal-Mart, and Walgreen have a centralized location with a pharmacist. When CVS sells medication the central hub fulfills the order or replenishes supply. No need for a pharmacist at any of the retail outlets. That saves the companies millions of dollars in wage costs by removing the pharmacist from the equation. Another example is ATMs and online banking. By having thousands of ATMS and online banking that can handle 99.99% of banking transactions the need for banking centers disappear. The banks save on expensive retail infrastructure and the employees that work there. These are simple examples of what I consider the 3.0 economy. The people with the jobs are the command and control decision makers and the enablers. The laborer or knowledge worker has a reduced role within the system. This is the economic fallout of the 3.0 economy. Almost no position is “safe” from the 3.0 economy when taken to logical conclusions. Doctors can be replaced with computers programmed to provide diagnostics, x-rays can be read by doctors in third world nations, drones replace F-15 fighter pilots, the meter reader is replaced by wireless meters, internet learning replaces teachers and campuses, etc…
    This type of economy creates a two tiered system, there are those residing within the 3.0 economy and everyone else. The 3.0 economy can be found almost everywhere when viewed as technologies that enable command and control. We are still seeing the 3.0 economy being implemented. Our leaders can monitor your banking wealth, your credit card consumption habits, and at some point will want to extend control with implants that monitor your health, your location, and even your every emotion.

    • lastmanstanding

      peter, if you are afraid of physical labor after the reset, you stand little chance of survival.

      CAF is FOS with her inability to describe her 3.0 scenario.

      Here is how it will be…if you can’t provide it for yourself you will die. If you can team up with a bunch of like-minded folk who bring real world skills to the table, your family will survive with you.

      Lastman is going to say it again…”that is how the earth that God created works.”

  45. Geo. T (formerly George)

    Greg,
    Another day in paradise. I discovered today that another portion of my wife’s company sponsored healthcare that was nontaxable is going to be taxable. Just remember:
    When Obama lies, people die!
    Brian Terry dies Obama and Holder lied
    four Americans die in Benghazi Obama, Rice, Carney and Hillary lied
    Hero deserter traded for real terrorist Rice says served with honor & distinction Obama says he has right to over ride Congress
    If desertion and aiding the enemy is honorable and serving with distinction I am an extraterrestrial
    At what point is Obama going to get impeached? He has violated a boat load of laws. Grow a spine Republicans

    • Greg Hunter

      T,
      The plot thickens. Are we getting close to that “snow flake moment” Jim Rickards is predicting?
      Greg

  46. petedivine

    The 3.0 economy denies the average worker the ability to make a standard livable wage. The 3.0 economy is constantly seeking to remove the worker from the equation. There is a flaw with the 3.0 economy. The 3.0 economy is symbolic of the snake eating its own tail. The average worker makes up something like 70% of the economy. By destroying the average Joe, the total pie gets smaller and smaller. Eventually we have an oligarchy that runs the show, a group that supports them, and 90% of the population that will fall into poverty. The current class of oligarchs know this. Throughout history extreme wealth differences almost always leads to class warfare. The oligarchs are waging a real war against Joe Six. How do they get rid of a Joe Six armed and potentially lethal? They poison the food supply with pesticides, heavy metals, GMOs, and then create laws to privatize all the clean water. Then they send Joe into a healthcare system that impoverishes him and provides him with miracle pills that continue the poisoning process. If you can’t afford organic food and filtered water and the time to have a healthy lifestyle then you are being targeted. Legions of people are being destroyed. The young, the old, the poor are all eating garbage and dying slowly. The cancer rates are crazy, obesity is epidemic, and we all know the school system is dumbing down the kids, the proof is right in front of our eyes. Then ask yourself why the police force has a tank. Why did billions of rounds of ammo get purchased by the U.S. government? The class warfare has already started. Someone just forgot to tell Joe Six pack.

    • Paul from Indiana

      This scenario is a description of modern feudalism where the titled, money class (aka the 1%) control everything. The laboring class is indebted and indentured with no property, no rights, no leverage. This is why I harp constantly on the tenuous nature of property rights. The middle class must be dispossessed and disarmed for the feudalism scenario (Fitts’ so-called 3.0 economy/society) to work. This is why the Left wants so desperately to disarm America. That (armed citizenry) along with middle-class property ownership are the big fly in the ointment for the feudalism plan. PM

  47. Diane Ryan

    Wow, it is easy to feel overwhelmed by the state of the world. Thankfully USAWatchdog (and the commenters) is there to help sort things out and monitor deterioration of America’s vital signs. To me, ‘slow burn’ is just what the NWO wants and is facilitating, buying time for Russia and China to overtake us militarily. Joel Skousen makes a strong case that the NWO plans to make their move for our sovereignty during WWIII. However, there seems to me to be three wild cards: Russia and China (who are not controlled by the NWO), and the fragile civility of American cities. It’s been said that most city dwellers are always 9 meals from anarchy. If there is one no-brainer, it is believing that and acting on it to protect love ones.

  48. Stu

    Greg,

    Thanks, for providing an opportunity for Catherin Fitts to share her thesis. The so-called slow burn for the last 20 years may be spot-on. Although, I think the ability of the USFed led cabal’s ability to control the rate of decline will be limited by external influences exiting the US Dollar hegemony. Saddam did not have WMD’s but he did have plans to start trading oil in Euros. The net result was the Iraq war. This time, Russia, China, Iran and others have started making large bilateral trade agreements exclusionary of any usage of U.S. Dollar transactions. This includes the most recent 30 year gas contract worth over $400 Billion dollars between Russia and China. The Iran/Russia trade agreement for Crude oil trade of 500M BOPD from Iran to Russia also excludes US Dollar involvement. The momentum for exiting the “Petrodollar” begun to increase and will continue to do so as others join from the BRICS and Associate Nations. The velocity of the exit will continue to increase until it reaches critical mass (51% of global petroleum trades excluding US Dollars) at which point the drop will reach a supersonic velocity towards zero.

    Dr. Paul Craig Roberts has written recently expressing concerns that the Empire may seek to use Nuclear options as per the so-called Wolfowitz Doctrine. We can only pray that some how clearer heads will prevail from a devastating winner less end of humanity. Perhaps you can get Dr. Roberts back on your calendar for an updated perspective.

    Again, thanks.

    Stu

    • Greg Hunter

      Stu,
      Dr. PCR is on after midnight tonight to talk all about the nuclear war subject and it is scary.
      Greg

      • petedivine

        I would be hard pressed to find a greater American hero then Dr. PCR since the founding fathers. I look forward to your interview. Will send a token of my appreciation for your hard work.

        • Greg Hunter

          Thank you Pete,
          This interview is very dark and powerful. I am working on it now. It’s up tonight after midnight.
          Greg

    • Paul from Indiana

      Stu, I am not disputing your thesis, which is certainly possible. But Saddam Hussein DID have weapons of mass destruction, and he used them on his own people. He did not have WMD when we invaded; that we know. A few years later, Syria is caught doing to their people what Saddam did to his. It is my belief that Saddam evacuated his chemical weapons to Syria. With Saddam out of the way, Assad was free to use them, which he did. These weapons just don’t vanish into thin air, but they can be relocated. Again, none of this would invalidate your thesis that the Iraq invasions were to discipline Saddam for bypassing the petrodollar set-up.

  49. Eddie Laidler

    In the spirit of lightening the mood while staying on topic somewhat, here for your viewing pleasure. is a man I would love to meet and have a conversation with.
    Besides lunch with Greg Hunter 🙂
    The amazing Gerald Celente……Hint hint Greg. Would love to see you interview Gerald .
    Gerald Celente – Trends In The News – “Avoiding Your Own Memorial” – (5/26/14)
    http://www.youtube.com/watch?v=0sE90CQJVdI

    • Greg Hunter

      Eddie,
      I need to get him back on. Thanks for reminding me.
      Greg

  50. Coalburner9

    Greg, Arthur and G500
    I don’t actually know what HAARP can do but I remember when I first heard of DARPA and what the so called fictional writers said they could do and later found out in just a few years it was all in the public domain. Everybody was doing it. I recently watched the catchup of COSMOS and the public TV review of Tesla and what he knew back i n the 1930’s. I know how the researchers and their super secret bosses think and maybe I even know a smart person or two. I am just an engineer and even the well educated have know idea how damned smart these rare birds really are and the the stuff they create. As for using it on our enemies that reminds me of a joke where the young man only shows what he needs to win the contest and hides the remainder. Years ago we moved beyond today’s technology so anything HAARP is credited with by any name could be possible. What famous person said, Anything you can dream that follows the laws of nature(physics) is possible. I don’t remember, Einstein, Farrady , Maxwell, one of them said it. Those guys discovered more detail in the laws of nature and we have nuclear power, high tech communications, the beginnings of the use of laser and electromagnetism, lots of things going on because of these guys. It will take another hundred years to build out what they gave us.
    I thought Fitts was a pretty good interview. Every one you do Greg has something new to think about.

  51. Craig Z

    Hi Greg, I’ll have to correct you. We are lucky to be able to hear another interview with Catherine, but the REAL luck is to have YOU bringing us her interview!
    I re-watch most of your interviews and your weekly Wrap Up just to get all the details that are included, and this interview with Catherine is, again, dynamite!
    Keep up your fantastic work, and we’ll all keep you in the chips!

    • Greg Hunter

      Thank you C Z for the comment.
      Greg

  52. Ken

    Hello Greg, it appears to me that Ms Fitts is living in an alternate universe or she is pandering for the NWO. I believe its the latter. The powers that were are making one last desperate attempt to maintain their hegemony. The world has tired or our imperialism and are calling us out. We are bankrupt and we can no longer force the dollar down the throats of foreign countries. Russia and China have seen their countries surrounded by the US/NATO missile shield and aren’t stupid and have said enough.
    This all began with the Act of 1871 which was rubber stamped in 1913 with the Federal Reserve Act and crashed on August 15th 1971 when we defaulted. Since then all the shenanigans, death and destuction used to keep the Ponzi scheme afloat through coups, wars and domestic and international false flags have caught up to the Rothschild’s banksters and the entire world can see the man hiding behind the curtain. The puppets in Washington and yes Greg your Republicans are equally complicit with the Democrats in pimping for the banksters and crashing our economy. I know it’s hard for you to admit that both parties have lost their moral compass and neither at this point can resurrect our economy but it is painfully obvious. They not only lack the will but their failed moral character is dragging us down with them unless we put a stop to it. The slate has to be wiped clean and started anew.
    When the government, both Democrats and Republicans decide to push through banker bailouts, funding and arming Al Qaeda and Neo Nazis, PRISM, the Patriot Act, FISA, the National Defense Authorization Act, National Defense Resources Preparedness Act, lay siege to our 2nd and 4th amendments etc., all while ignoring opposition by a vast majority of citizens, it is clear that the paradigm has shifted and the American value of representation by and for the people is lost.

    There is a reason the Social Security Administration, Department of Agriculture, National Oceanic and Atmospheric Administration, U.S. Postal Service, Department of Homeland Security are all buying ammunition and weapons and if I have to tell anyone why this is then enjoy your slumber!

  53. RadarNJ

    young people in prison ” makes all the good Christians feel good” She tied us in with fascism she did … Well Greg … every time I listen to her she comes off not wanting to listen to you and your questions but more as someone whose ego needs to blah blah blah.. Thank you for all you do Mr. Greg!

  54. Anon

    In related news:

    http://sgtreport.com/2014/06/2

    Be very sure to read the ‘comments’ section in its entirety!

  55. Marcelo

    I can only say, from my own experience and as Argentinian, that when things start goind bad…usually end worse. Collapses start slowly and, at one point, everything start to get faster and faster. One day you wake up and you have either a) hyperinflation or b) confiscation of wealth from the goverment & partners (friends & business elites who have known about the coming confiscation weeks/months in advance )
    We had both, hyperinflation and confiscation and both of them were terrible experiences. You go to bed being middle class and the following day you wake up being low classand poor. Compared to the US, one point in favor of Argentina was that the population had been used to low-middle inflation for 40 years so they were prepared (my father, for instance, never saved too much in cash, he used to buy real estate, Gold or just bring the money, in hard currency, abroad. I think this plays against average Joe in the US because he thinks this could not happen to him. On the other hand, what plays in favor of the US is that the US still has a big Army, so the US can say “OK, lets invade another country or start a war (by the way, great interview to PCR Greg) and get some more oil or gold. In this case they can kick the can a little bit but sooner or later it will be game over.

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