The news comes after Queen Máxima called for the creation of a Central Bank Digital Currency (CBDC), defending CBDCs as instruments of “inclusivity” at an International Monetary Fund (IMF) meeting in Washington D.C. earlier this month.
A debt crisis sweeping across both continents has the potential of bringing about a new global depression. Governments have no room to use fiscal policy to mitigate the crisis; their monetary policy capabilities have already been depleted in responding to the recent pandemic. Yet there was no mention of this threat in Davos.
What is Davos if not a globalised version of the Palace of Versailles? What is Klaus Schwab if not an aspiring absolute king who markets himself as a benevolent technocrat?
In early May, the Indian Prime Minister announced India was ready “to feed the world” to combat the food shortage following the war in Ukraine. But contrary to expectation, the Indian government enacted an export ban on wheat to combat soaring domestic prices.
During remarks at this week’s WEF Summit in Davos, the chief architect of the so-called ‘Great Reset’ said: “The future is not something that just happens. The future is built by us, by a powerful community, as you here in this room.”
“I think conspiracy theories are proliferating because we can all feel the ground shifting under our feet but have no easy way to understand and make sense of that feeling of chaos.”—N.S. Lyons
The WHO is seeking to amend the International Health Regulations and impose a global pandemic treaty, both of which would grant the global health body new far-reaching powers that would allow it intervene in the affairs of nation-states in the event of a future pandemic.
While some have internalized its company line as being a benevolent non-profit organization, to others it is little more than the playground for the managerial class.
World order will tend to follow its own momentum. Rivals to U.S. hegemony like China do not, therefore, represent an alternative world-order, but an alternative bid for leadership over developing structures of biopolitical control.
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