The Transcript of “The Breakaway Economy Part 2” is now available to Subscribers!
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From the transcript:
C. Austin Fitts: Good evening. Welcome to The Solari Report. Today is March 13th, 2014. I’m Catherine Austin Fitts, and tonight we’re going to have a conversation about The Breakaway Economy: Part Two. If you haven’t read the annual wrap-ups that we did in January, I really hope you’ll take a look at it, particularly the Web presentation, or the transcript because we have wonderful charts. I describe in the beginning of the annual wrap-up, a process, whereby all of the money that has been pulled out of the developed economies, part of what I described as the financial coup d’état, is being reinvested.
Essentially, we have, from a very high-level, a process where we’re taking enormous amounts of capital out of the industrial model, I refer to as global 2.0, and shifting it into global 3.0. Global 3.0 is a model defined by integration of new information in digital technology, and a wide spectrum of technology. It is a model that is also globalized, so it is much more global and it is much more digital. Think of it as going from an industrial economy to a networked economy. That’s why I describe it as global 2.0 and 3.0.
