|
February 01,
2019
from
TruePublica Website
The Global Elite descended on
Switzerland for the World Economic Forum's annual meeting in
Davos last week. Western Europe had the highest number of
participants by region.
To get a badge for entry requires a membership to the World Economic
Forum, which costs somewhere between $60,000 and $600,000, plus an
additional fee of more than $27,000 per person to get into the
conference itself.
There are 3,000 attendees
invited, about two-thirds attend the full conference.
It was heavily reported that the sentiment of business leaders in
Davos swung from upbeat in 2018 to somber in 2019.
Amazing what a year can do...
But then again, these are
the business leaders that saw the stock market plunge into a
correction and the S&P 500 go on to post its worst year in a decade.
December was the
worst month since the great depression...
The world economy is now
going to slow up, it's not just about America and trade, it's about,
Europe, China, Japan
and geopolitical change,
...so the party is over
for the next year or so.
To drown their sorrows,
they swaffed over 1500 bottles of fizz and 3000 bottles of wine...
But we shouldn't forget where we really are.
Davos is the annual
meeting place of the rulers of the world but as
Elmira Bayrasli, author and
co-founder of Foreign Policy Interrupted argues:
"Davos is a
family reunion
for the people
who
broke the modern
world."
Craig Murray, the British
ex-ambassador, now historian and human rights activist has a
slightly different view of the very people he would have entertained
and known in his past life:
"Davos serves
as nothing but
an annual
reminder
of how very
poorly 'God'
aims
avalanches."
"Corporate
criminals, billionaires gather for World Economic Forum in Davos"
reported that,
"On the eve of the
Davos forum, the British charity Oxfam released a study
documenting the staggering growth of
social inequality.
Oxfam reported that
the richest 85 individuals possess more wealth than the poorest
50 per cent of the world's population:
3.5 billion
people...!
In attendance at this
year's meeting are 80 billionaires.
International Monetary Fund
Managing Director Christine Lagarde struck a note in an
interview with the Financial Times, warning that rising
economic inequality,
'is not a recipe
for stability and sustainability'."
No one at the conference,
however, is proposing any social reforms to ameliorate the
plight of the working class or redistribute wealth downwards from
the top.
As the article says:
"On the contrary, the
watchword is 'structural reform,' a euphemism for,
-
stripping
workers of all protections
-
dismantling
what remains of the welfare state
-
removing all
environmental and health and safety rules that restrict
corporate profit...
A survey of 1,344
business executives at the forum by PricewaterhouseCoopers
concluded that the top concerns were corporate 'over-regulation'
and government deficits (i.e., social spending).
Seventy-two per cent
of the executives said overregulation was an impediment to
economic growth, while 71 per cent complained of 'excessive'
social spending and government debt."
This is the perfect
conference for discussing how Britain will be carved up and
exploited after the Brexit car-crash.
It's full of bankers,
hedge-fund managers, vulture fund managers and other hyenas
looking for a cheap meal...
When all is said and
done,
Brexit will be shown to be little more than a
corporate coup d'état...
It should not be
forgotten that these very same 'leaders' from Europe are destroying
their own model out of greed.
As award-winning
journalist, Jonathan Cook recently wrote regarding their
failures:
"Their long
experiment in liberalism has finally run its course.
Liberalism has
patently failed - and failed catastrophically...
These intellectuals
are standing, like the rest of us, on a precipice from which we
are about to jump or topple.
But the abyss has not
opened up, as they suppose, because liberalism is being
rejected.
Rather, the abyss is
the inevitable outcome of this shrinking elite's continuing
promotion - against all rational evidence - of liberalism as a
solution to our current predicament.
It is the continuing
transformation of a deeply flawed ideology into a religion.
It is idol worship of a value system hell-bent on destroying
us"...
|
