Tag Archives: Klaus Schwab

We are at a turning point and “the great reset” has begun

There are a lot of people out there talking about «The Great Reset.» It is also known as the «Liberal World Order», and it can also refer to a conspiracy theory called New World Order. The term «Great Reset» comes from the World Economic Forum and Klaus Schwab.

Scwab wrote the preface to a 2010 report of the World Economic Forum`s «Global Redesign Initiative», which postulates that a globalized world is best managed by more vital multinational institutions.

According to the Transnational Institute (TNI), the WEF is planning to replace a recognized democratic model with a model where a self-selected group of «stakeholders» makes decisions on behalf of the people.

The think tank summarises that we are increasingly entering a world where gatherings such as Davos are «a silent global coup d`etat» to capture governance.

Naomi Klein, in a December 2020 article in The Intercept, described the WEF idea as a «Great Reset Conspiracy Smoothie.»

She said that it was simply a «coronavirus-themed rebranding» of things that the WEF was already doing and that it was an attempt by the rich to make themselves look good. Klein wrote that Schwab had given each meeting at Davos a theme since 2003. «The Great Reset is merely the latest edition of this gilded tradition, barely distinguishable from earlier Davos Big Ideas.

According to Klaus Schwab who wrote the book «The Great Reset,» the Great Reset Initiative is an economic recovery plan drawn up by the World Economic Forum (WEF) in response to the COVID-19 pandemic.

The project was launched in June 2020, with a video featuring the then Prince of Wales Charles released to mark its launch. The initiative`s state aim is to facilitate rebuilding from the global COVID-19 crisis in a way that prioritizes sustainable development.

WEF chief executive officer Klaus Schwab described three core components of the Great Reset: creating conditions for a «stakeholder economy», building in a more «resilient, equitable, and sustainable» way, utilizing environmental, social, and governance (ESG) metrics; and «harness(ing) the innovations of the Fourth Industrial Revolution.»

IMF`s director Kristalina Georgieva listed three key aspects of a sustainable response to COVID-19: green growth, smarter growth, and fairer growth.

«The Great Reset» was to be the theme of the 2021 WEF annual summit in Davos, scheduled for January 2021. Due to disruption from COVID-19, the summit was postponed to May 2021.

The Davos 2022 theme was «History at a Turning Point,» and the summit was dominated by the Russian invasion of Ukraine. So, the war in Ukraine is not only about the survival of Ukraine, but about the whole International world order.

The WEF sees opportunities and has this to say on its website: «As we enter a unique window of opportunity to shape the recovery, this initiative will offer insights to help inform all those determining the future of global relations, the direction of national economies, the priorities of societies, the nature of business models and the management of a global commons.

Drawing from the vision and vast expertise of the leaders engaged across the Forum`s communities, the Great Reset initiative has a set of dimensions to build a new social contract that honors the dignity of every human being.»

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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A “Great Reset” of Capitalism

The world economy is in bad shape and it can be worse. Professor Roubini predict a Great depression, not only for 2020, but for the decade of the 2020`s. What does this crisis we`re in really mean? For someone out there it means a great opportunity. It means a great reset.

«The Great Reset» will be the theme of a unique twin summit to be convened by the World Economic Forum in January 2021. In-person and virtual dialogues will address the need for a more fair, sustainable and resilient future, and a new social contract centred on human dignity, social justice and where societal progress does not fall behind economic development.

Founder and Executive Chairman of WEF, Klaus Schwab wrote in his article called «The time for a great reset» that there is a good reason to worry: a sharp economic downturn has already begun, and we could be facing the worst depression since the 1930`s.

But, while this outcome is likely, it is not unavoidable.

Furthermore, Claus wrote this; to achieve a better outcome, the world must act jointly and swiftly to rewamp all aspects of our societies and economies, from education to social contracts and working conditions.

Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a «Great Reset» of capitalism.

The crisis we`re in, together with COVID-19, will deepen and leave the world even less sustainable, less equal, and more fragile. Incremental measures and ad hoc fixes will not suffice to prevent this scenario. We must build entirely new foundations for our economic and social systems.

Managing Director at IMF, Kristalina Georgieva also had the headline «The Great Reset» a few weeks ago. My thanks to His Royal Highness the Prince of Wales and th Professor Schwab for bringing us together, she wrote in the opening.

Furthermore, she wrote this in her article: Now is the time to think of what history would say about this crisis. And now is the time for all of us to define our own role. Will historians look back and say this was the moment of a Great Reversal? Today, we see very worrying signs.

One hundred and seventy countries are going to finish this year with a smaller economy than at the start of the year, and we already project that there will be more debt, bigger deficits, and more unemployment. And there is a very high risk of more inequality and more poverty.

Unless we act.

So, what would it take for historians to look back at this crisis as the moment of Great Reset?

From the persepective of the IMF, we have seen a massive injection of fiscal stimulus to help countries deal with this crisis, and to shift gears for growth to return. It is of paramount important that this growth should lead to a greener, smarter, fairer world in the future, Kristalina Georgieva wrote.

IMF and WEF see some tremendous opportunities. Heh… It seems like a New World Order is on the way…..

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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