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The Highwire with Del Bigtree
“THE GREAT POISONING” WITH CATHERINE AUSTIN FITTS
Mar 30, 2024
Investment Banker & Economist, Catherine Austin Fitts, discusses the financial coup squeezing the middle class, advocating for ways families can protect themselves. Topics include rising costs, toxins affecting family health, financial disparities, navigating financial inequities, minimum wage impacts, and empowering change through financial shifts.
21:31
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Quick takeaways
- Middle-class Americans are squeezed by inflation and debt, while the top earners benefit disproportionately from economic growth.
- Protecting against the 'Great Poisoning' by prioritizing health can mitigate financial risks and healthcare costs.
Deep dives
Impact of Inflation on Middle-Class Americans
Inflation is significantly impacting middle-class Americans, with rising house prices, mortgage rates, rents, and energy prices. The top 10%, especially the top 1% and even more so the top 0.1%, are benefiting disproportionately from economic growth. A large percentage of Americans, including Democrats, express dissatisfaction with the direction of the country. Economic conditions are rated as fair to poor by 83% of the population, with 76% believing that the economy is worsening.
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