"Driving through New Jersey, Nitze [asked] Dillon if he thought the market decline an omen of hard times ahead . . . . Dillon thought for a few minutes and replied, 'I think it presages the end of an era.' By this Dillon meant that what lay ahead was not merely a period of retrenchment, after which affairs would be conducted as before. Rather, the world was in for a major overhauling of institutions."
~ Clarence Dillon and Paul Nitze in 1929
By Catherine Austin Fitts
This Thursday, we publish the first in our two-part publication of the News Trends & Stories for the 1st Quarter 2020 Wrap Up. Dr. Joseph P. Farrell joins me for our analysis of what is happening in 2020 and what lies ahead.
In Part I, we look at the top stories in Economy & Financial Markets and Geopolitics. We also fill in the Trump Report Card for the 1st Quarter. Here are our choices for the top stories for Part I:
Economy & Financial Markets:
- Story #1: The Push to Replace Currency with One-World Technocracy
- Story #2: The Red Button Is Pushed with the Medical Cartel; the Central Banks & Treasury Stimulus Flows
- Story #3: Plandemic Winners and Losers – Disaster Capitalism Rock & Roll
- Story #4: The AI Superpowers Rebalance the China Trade
- Story #5: No Place to Go: Equity, Fixed Income, Real Estate, Precious Metals Markets
- Story #6: Mr. Global Pushes the Red Button – Test Run or Cut and Run?
- Story #7: Cracks in the United States, European Union, and Global System
- Story #8: Unemployment and the Crisis on Main Street – Main Street Pushes Back
- Story #9: The Drumbeats of War
- Story #10: Blindfold Officials and Citizens: Secrecy and Spin Grow
- Trump Report Card
Our 1st Quarter 2020 Wrap Up web presentation is a work in progress that grows as we publish our weekly segments; Solari Report subscribers can access it the trends, stories, headlines, top videos and Trump Report Card for Part I at https://golocal.solari.com
In Let's Go to the Movies, I will discuss two documentaries written by Naomi Klein: The Shock Doctrine (2009), about the use of engineered economic and social shocks as a technique to centralize political and economic power, and The Take (2004), about efforts to rebuild the Argentinian economy after it was destroyed by shock and subsequent "piratization." I will also discuss a series of documentaries and sources that describe economies in recent decades—Latin America, Russia, Cuba, Jamaica—that have gone through engineered shocks and sudden drops in resources and economic activities. What can they tell us about successful strategies to navigate a world in which GNPs are engineered to drop quickly by as much as 25% or more?
Post your questions and story suggestions for Money & Markets for this week here.
Talk to you Thursday!
1st Quarter Wrap Ups:
1st Quarter 2020 Wrap Up: The Real Deal on Going Local – The Infrastructure Challenge with Chuck Marohn
1st Quarter 2020 Wrap Up: News, Trends & Stories, Part II with Dr. Joseph P. Farrell
1st Quarter 2020 Wrap Up – The Real Deal on Going Local – The Final Mile with Patrick M. Wood