46 nations – that have systems that can render ours ineffective and take them down on a very selective targeted basis. That means that they, to a certain extent, have lost control of the situation. I don’t see them under such circumstances risking a full-out implosion. I think that is still going to be part of their game plan, but they have to slow down the schedule and act much more circumspectly. Fitts: If that money comes in, many differ- ent things could be happening if it does. I think there is a very good chance that they will get two things from Congress: One is to repeal the estate tax, and the other is to let that money come back. They’ve been trying for more than a decade to set the United States as the ultimate safe haven. So they did everything that they could to shut down Switzerland and get Switzerland under the US thumb. They’ve made Nevada and some of the other states really prime locations for offshore money. But here is the thing: When I was in Hong Kong, the PRC were moving in to establish their control in Hong Kong. You have in Asia large amounts of private wealth, but they don’t want to come here as long as there is an estate tax. So you have two pressures to get an estate tax: One is that you have baby boomers throughout the heartland. They own farms, own car washes, own dry cleaners, and want to set their estate up so that the wealth transitions. They need no estate taxes because maybe the carwash and the land is worth $10 million. Otherwise, they are going to get overwhelmed by taxes. Their estate will pay an enormous inflation tax. There is pressure from the baby boomers, there is pressure from all the new billion- aires, but now you have tremendous pres- sure from around the world of talent and capital that will come here if those families feel safe from estate taxes. I believe that as an economic matter, what is actually going to drive it is offshore mon- ey. In fact, while the repeal of the estate tax could look terribly unfair, we might all be better off for having those people here and there is a lot of talent. Farrell: There is a strategic and geopolitical military calculation to this, too, which I think needs to be considered. In terms of a power base, Mr. Globaloney is still reliant on North America. What they’ve been doing the past 20-30 years under globaliza- tion is farming out too much, and now it’s caught up to them. Stop and think about it. We have weapons systems in this country that are produced under licenses from for- eign companies, and if you are Mr. Globa- loney and looking at the hacking incidents and so forth, you realize that, not only do you need to reshore that money, but in the process you need to reshore manufacturing of certain key, crucial industries that your operation needs in order to survive. Fitts: You have to bring in liquid capital. Farrell: I think this will be happening under those circumstances. It may not nec- essarily be of immediate benefit to the baby boomers, but I suspect it will. The problem that people will need to be alerted to is that this is the same group of people who have stolen all of this money to begin with. So it may look good for a while, but basically my warning here is: Stay on your toes and keep watching these people. This is a strategic calculation for them that they have to do and do it fast. We’re going to get into this in Part II. Fitts: You don’t want your space program outsourced. So here is what I think: If they get the tax reform that they want, I think what you’re going to get – at a minimum – is the corporate money repatriating, and I think that you are going to get wealthy families around the world redomiciling into the United States. Farrell: I think there are indications that this is already happening. The Rothschilds have been buying land in this country – in Nevada if I’m not mistaken. That is something that we will talk about in Part II; what I think could be realignment between the Rockefellers and Rothschild interests. The Rockefeller interest has always been about controlling the technology, and the Rothschild interest has always been about controlling land and hard, tangible assets. You brought this up last night about David’s death in March, and that was a major event because the old guard and the conservative attitude towards things is no longer there. Fitts: The Amazon deal went forward right after David died. That takes us to our next topic, which is accelerating up the S-curve of the shift from Global 2.0 to 3.0. Thankfully Harry Blazer was at the confer- ence in Colorado. We’re going to record a report with him, which we will publish shortly. You and I invented together – at this very table – the shift from Global 2.0 to 3.0. We somewhat invented that together, and have been talking about it for years. However, when Amazon bought Whole Foods I said, “Okay, the bell just rang,” be- cause their stock went up $15 billion, and all these other grocery stocks went down $70 billion. So the market shrunk and that is deflation. So this is the bell. David Rockefeller has died, and now they are going to go up the S- curve. I’ll be really blunt. If you said to me, “Who gave the kill order on Kennedy and 9/11?” I would have said that it was David and that is what I believe. Certainly Talbot has more than proved that in Devil’s Chessboard with respect to the Kennedy assassination. So Rockefeller’s death was a very, very big moment because he appeared to be very active up until the end. I have said this many, many times to Harry Blazer. Harry and I had done a show about Amazon buying Whole Food where we discussed it. However, one thing that you could see diving into what is happening with blockchain and cryptocurrencies and the plan disruption over the next two to five years, including the 2020 election, was the speed at which these people be- lieve we’re going to go up the Global 3.0 S-curve. Harry said, “Oh my goodness! Now I un- derstand what you’re saying.” I said, “You mean you haven’t understood until now?” He said, “No. Now I really see it and feel it.” Farrell: The brakes are removed. VI. News Trends & Stories with Dr. Joseph Farrell