The WEF is going broke :
Once again : repeat after me…GET WOKE ….GO _________
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From Jeff Childers
On the heels of yesterday’s surprising news about a pro-Trump contingent invading the World Economic Forum, appeared even more tales of Trump support from the most unlikely spots. Such as woke financial tyrannosaur Blackstone’s CEO, who soberly informed thunderstruck WEF attenders that the world will not survive four more years of Bidenomics:
In response to many comments yesterday, I researched what might explain this sudden strain of conservatism in the heart of woke darkness in Davos. It seems the WEF and its members face some intractable structural problems related — of course — to money. This year’s “economic forum” could be fairly described as being in complete disarray. The WEF is going broke.
First, the group faces a major P.R. problem. The World Economic Forum’s long, easy run of behind-the-scenes invisibility is over. Public scrutiny and widespread criticism have badly damaged the brand. Corporate media’s ability to run interference and to cover for the WEF is waning.
But those aren’t even the forum’s biggest problems, not by a long shot.
For fourteen long years between the real estate crisis in 2008 until mid-pandemic in February 2022, the Federal Reserve held interest rates to zero or near zero. Which means the mega-banks, including big foreign banks located in and near Davos, Switzerland, got no-interest fed loans, turn those loans around to then loan the money to businesses and people at above-zero interest rates, creating instant profits with no risk.
But those days are over. And the hangover is just starting.
It’s beginning to look like all the woke “investments” in diversity, equity, inclusion, climate, windmills, solar panels, electric fleets, green technologies, and all the other woke stuff might have been a bad idea. It’s beginning to look like maybe the banks should’ve invested all those easy profits in gold and uranium businesses instead of climate startups.
We are in the early stages where both the DEI industry and the climate scam are collapsing, and the rats are starting to stream off the SS Woke Incorporated:
Absent easy credit to support unprofitable political projects, it is starting to look a lot like the WEF may be backed into a corner and — of course — those dummies never had a ‘plan B.’ Now, it looks like many are scrambling to get on the Trump express before it’s too late:
Encouraging news!