The issue is this: According to founder at Solari.com Catherine Austin Fitts:

“The push of the (American) Establishment is to get everything onto technological and digital systems so they have complete real time disclosure of how your money works.  I call it the Data Beast. When most Americans look at the federal government they see 21 different agencies. I see three contractors who have access to a hundred percent of the data.  I call it the Data Beast. You know because you have the same defense contractors running the information systems and databases or the same telecommunications and information systems.”

DATA BEAST PUSH TOWARD TECHNOLOGICAL AND DIGITAL DOMINATION

Few people understand the tsunami that is coming towards America as Asia rises and our incomes converge with theirs.  It’s not just something that’s going to happen in the marketplace or something that happens in the geopolitics of what the global trade system is. It’s going to happen in our neighborhoods. It’s happening in our neighborhoods right now. And it’s affecting the prices we pay for everything.

It’s going to affect our rate of inflation. “This really is a tsunami and I’ve been struck at how you look at (what) the average American or member of G7 is focused on in terms of what they think their risks are or what they think change is going to be. They don’t really understand this. They haven’t looked at the numbers,” says Austin Fitts, an investment adviser and former Assistant Secretary at the U.S. Department of Housing and Urban Development (HUD).

Again, we are talking about a world where not that long ago the American consumer was the center of the universe, to now and the new world order where we’ll be lucky to be 1/10th the size of the Asian middle class. So this is a major shift taking place and it’s going to have extraordinary opportunities and extraordinary risks and it’s going to be happening at the same time that the biggest technological changes in the history of our lifetimes are rolling out. “AI and robotics is going to rock our world in many different ways,” Austin Fitts tells Greg Hunter at USAwatchdog.com.  Especially since these things are all converging and happening at once.

THE ENGINEERS = EXPANSION OF HUMAN INVESTMENT IN SPACE

If you have read her work on space exploration and investment you know that one of the reasons Austin Fitts believes the West and G7 nations decided to globalize the economy and build up China was because the West needed potential Asian engineering capacity to significantly expand the human investment in space exploration.

“I think the American Establishment looks at the numbers, at the demographics. You know demographics are so important to who succeeds. And let me tell you some of the important demographics I go through in the rise of the Asian Consumer.  One demographic is if you look at estimates of how many engineers we’re producing a year, or the G7 is producing every year, versus how much India and Asia and China are producing. You know it’s multiples of five to ten times more engineers every year,” Austin Fitts says.

America and the West are producing lots of lawyers. Maybe we need to be producing more engineers. And while we’re at it we could use some much needed upgrades to our federal laws and governmental agency regulations to promote, protect, and facilitate creativity and ingenuity.

“The other thing is their engineers, in terms of innovation are not checked by the copyrights system as they are here. And so if you look at the speeds they’re moving at in terms of invention on tech or AI it’s quite remarkable,” Austin Fitts says.

Chinese structure at solving societal problems and the U.S. structure are total opposites. While we have lawyers figuring out legal angles and interpreting how best to apply the law the Communist Chinese Technocracy operates through component engineers building ground floor basics made from brick-and-mortar for a Golden Brick roadway to a future prosperous global economy.

“Lawyers were dictating rules with little time spent to understand how to implement or the consequences involved, while the engineers were trying to figure out how to implement effectively without creating unwanted consequences. The fact remains that if you look at the U.S. tradition of a society governed by lawyers vs. engineers, I would suggest that if the United States rebalanced its leadership from lawyers to engineers, U.S. growth rates and health might improve significantly,” Austin Fitts says.  And then we might be able to call ourselves an American Technocracy.

HUMAN CAPITAL IS THE MOST IMPORTANT ASSET IN A GLOBAL TECHNOCRACY

Talent, not capital, will be the key factor linking innovation, competitiveness, and growth in the 21st century, and we must understand better the global talent value chain. According to the Human Capital Report 2015, a nation’s human capital endowment – the skills and capacities that reside in people and that are put to productive use – can be a more important determinant of its long term economic success than virtually any other resource.

“This resource must be invested in and leveraged efficiently in order for it to generate returns – for individuals involved as well as an economy as a whole,” the Human Capital Report says.

Better data and metrics are critical to this understanding. The Human Capital Index quantifies how countries are developing and deploying their human capital and tracks progress over time. This report provides comprehensive information on the talent base in each country, including information on education levels of the employed, unemployed, and the inactive members of the population as well as the specific qualifications of the latest entrants to the workforce.

What Austin Fitts does is bring these diverse elements together displaying a huge economic trend in the making which appears to be supported by World Economic Forum statistics. According to the 2015 World Economic Forum report, Russia leads the way in producing an annual total of 454,000 graduates in engineering, manufacturing and construction. The U.S. is ranked second with 237,826 while Iran is third at 233,695.

China and India are excluded from the World Economic Forum report due to lack of data. Developing economies including Indonesia and Vietnam have also made it into the top ten, producing 140,000 and 100,000 engineering graduates each year respectively.

Some sources estimate that China graduates 1.2 million engineers and India graduates 1 million engineers annually, Austin Fitts says.  “Whatever the actual numbers are, I expect the production of engineers to be significantly greater in both countries than in the U.S. or Anglo-American Alliance,” she says.

Asia represents a cluster of societies that are graduating significant numbers in the areas of engineering, science, and technology because they have a much larger population to work with and because it is the subject of their focus. Would someone please tell me exactly what is the subject of America’s focus?

ASIAN STORY IS ABOUT BRAINPOWER

Why Asian brainpower?

The second thing Austin Fitts discusses are IQs. There’s a lot of debate going on about this subject but statistics suggest Asian populations to have IQs of about five to ten points higher than ours.

This Asian story says this race to the future is about brainpower. “If you look at global IQs, the reality is that Asians, on average, have higher IQs than the rest of the population around the world,” Austin Fitts says in her report.

According to brainstats.com, the world ranking for average IQ lists Hong Kong and Singapore atop at 108. South Korea is next at 106, followed by China and Japan 105, and Taiwan 104. Italy is next at 102. The United States is tied with Andora, Australia, Czech Republic, Denmark, France, Hungary, Latvia, and Spain, at 98. Twenty two nations post higher IQ average scores than the United States, including Canada, Mongolia, and Iceland. “That many more brains each with more ‘processing power’ on average brings a significant disparity in capability and potential,” Austin Fitts says.

What Asia has been socially engineering stands in stark contrast to what has been going on in America the last 20 years, with nutrition and fluoride, geoengineering, chemtrails, GMOs, vaccines, Smart Meters, electromagnetic frequencies, and controlled programming through dummied down public school curriculums. “I think there’s been a really concerted effort to lower IQs here. So if you look at the number of engineers that are producing – the speeds at which they’re free to operate and the IQ points they have on the board relative to our population – you know it’s scary,” Austin Fitts says. (https://usawatchdog.com/we-are-living-with-maximum-uncertainty-catherine-austin-fitts/) And it’s the future of America until we do something about it.

IT’S ALL ABOUT AMERICA’S RESPECT FOR PROPERTY RIGHTS AND THE RULE OF LAW

China has a dictator for life, Xi Jinping. They burn bibles in China, close churches, and force Christians to renounce their faith.  There are lots of drawbacks for a Communist Technocracy.

“Tremendous drawbacks,” Austin Fitts agrees. “I just did a review on a book called China RX. And it talks about how our entire pharmaceutical supply is highly dependent on China and the quality control issues are frightening.”

Here’s the thing. China does not trust the West because China was the largest economy in the world and then they ran into the Opium Wars and the Brits and basically the West used violence to reassert dominance and then use the Industrial Revolution to become the leading world economy. So China’s experience with the Western World is that we win by war and we win by violence. And that in fact is what history confirms happened.

“To me the great supremacy the Anglo-American Alliance (had) in addition to the Industrial Revolution military was financial liquidity. So we have run the global financial markets and we have been able to achieve the lowest cost of capital globally of anybody in the history of Western Civilization. If you get into the financial area of engineering what we accomplished – it’s quite remarkable,” Austin Fitts says. “But it all depends on people believing that we practice the rule of law.”

And if you look at what has happened with the bailouts and the missing $21 trillion, and the additional $8 trillion Gerrit Visser says is documented to be in circulation although not recorded by the Federal Reserve Bank, it is all going a long way to destroy our reputation for protecting and really respecting the international rule of law. And we’re not the only ones battling with this important issue.

“Now, I was just in Hong Kong last year. If you think the wealthy Chinese in Hong Kong expect the PRC to respect the rule of law with respect to the assets – they don’t,” says Austin Fitts. “They’re moving money to America. So I don’t mean to suggest that the Chinese are trustworthy in terms of rule of law – you know, when it comes to private assets – but what this is going to come down to: Can the American alliance reaffirm their credibility, when it comes to respecting people’s property rights in the rule of law? What I see is tremendous deterioration on this issue.”

The question is whether the “American-Anglo Alliance” is going to reaffirm to the world that we are again what once made us great. The world must know that our government respects property rights and the rule of law. Honesty, integrity, and heart and God come to mind.

Until then, we will never have our future currency backed by gold.  That is a promise from its makers to the United States, Great Britain, France, and the many other countries who have continuously waged war against humanity and stolen its gold backed financial system.