Klaus Schwab, the founder and chairman of the World Economic Forum, has announced that he will resign as executive chairman next year.

But according to reports will retain a non-executive role, most likely to run the show from behind the scenes now that he is one of the most disliked people on earth. But let’s listen to Investment banker and former HUD official Catherine Austin Fitts as she describes how Klaus Schwab resigning as head of the WEF “is not good news,” but, in fact, “bad news.” Fitts notes that this resignation, along with those of many others in high-profile positions in multiple countries, signals that the deep state actors are “building up to another big move.”