What goes around, comes around: Klaus Martin Schwab is beginning to face the consequences of the worldwide storm he has helped to unleash.
His detractors used to hope that Schwab’s actions or behaviour will eventually have consequences for him, even if indirectly. At the moment it is Schwab’s employees, not Schwab himself, who has become a victim of the same negative circumstances that he has inflicted on others.
Talk about boomerang effect: as reported by Armstrong Economics, Schwab has landed in a soup. His efforts to destroy the civilized world have forced him to start slashing his own workforce.
Oyvey, so Schwab’s Stakeholder Economics, a school of idiocy (definitely not thought) that Armstrong Economics so aptly described as Feudalist-Socialism, have failed.
Schwab’s World Economic Forum (WEF) has not only been forced to start to slash its workforce, it can no longer afford staying in Davos or on the Bürgenstock.
The latter location is a five-star resort high above Lake Lucerne in Switzerland.
Schwab’s Fourth Industrial Revolution gathering is expected to move to Singapore because of the coronavirus crisis Schwab has helped to unleash and tried to exploit.
Schwab’s philosophy is simple: destroy the world economy and, using what Schwab describes as Great Reset, “build back better.”
Simple, Schwab and his marketing guru, Richard Edleman, say: just redirect the way how the economy should work, with him and his coterie as elitist overlords.
Now that the obstacle of reality has appeared in Schwab’s way, it would not be too easy to predict his next steps. While his accent is South German, and Adolf Hitler’s was Lower Austrian, their vocabularies are very similar. On the other hand, Schwab now finds himself in a situation that used to stare in the face Vladimir Iliych Ulyanov-Lenin.
Shortly after his Great October Socialist Revolution (Великая Октябрьская Социалистическая Революция, celebrated in Russia even today on November 7), with the civil war (гражданская война) just about over, the country was hungry and angry.
Lenin has come up with an attempt at a solution. He called it New Economic Policy (Новая Экономическая Политика, that is НЭП or NEP for short). Lenin would permit a bit of a return to owning private businesses, a bit of capitalism, with a piece of Russian colouring thrown into the mix.
It seemed to work to a degree. The danger of famine was avoided, and so was the risk of a widespread insurrection that would have dealt Lenin’s communism a mortal blow.
Then Lenin died. Josif Vissarionovich Stalin, originally known as Dzhugashvili, took over. As soon as the Son of a Jew (that’s the translation of his original Georgian name), or Man of Steel (that’s the translation of the revolutionary nickname he had adopted) felt firmly established, he did what Lenin would have done, had he been alive: he took the gloves off and showed the people what the dictatorship of the proletariat (диктатура пролетариата) was all about.
It would cost tens of millions of innocent lives, but who cares, when you cut forests, chips fly around (Лес рубят – щепки летят).
Shocking or to be expected?
Of course, Klaus Martin Schwab has been used to success. Rich people and irresponsible governments, abusing their taxpayers’ money, would pour huge amounts into his accounts.
And now, almost 10 per cent of people working for the World Economic Forum have been let go, with not much information available on whether they would be asked back, and if so, when.
Here’s the breakdown of WEF’s sources of income, as compiled by Armstrong Economics: membership fees range from 60,000 to 600,000 Swiss francs a year ($67,337- $673,370 in U.S. greenbacks). Tickets for participation in the WEF cost extra: around 25,000 francs each ($28,061, again, U.S.).
The return on investment for those who pay such exorbitant sums sounds somewhat light-weight: participants can rub shoulders with sundry heads of state (many of them heads by title only), politically correct scientists (those with opinions of their own are anathema), and Hollywood stars.
Without these people showing up, Schwab will have no attendance, Armstrong Economics points out, and they have a valid point.
Meaning, of course, that the elegant, well-shaven and coiffed crowd, wearing well-fitting suits, is not really aware of what is going on among the masses of the unwashed, that is, among the majority of humans inhabiting this planet.
And, if Schwab falls his face first in the mud of insolvency, he must know them well enough to be aware that they would desert him in droves.
Whether they would realize that it was precisely the implementation of his moronic ideas that drove him closer to the poor house remains to be seen.
But no need to despair: the Vatican is coming to help. Pope Francis has announced that his government is going to partner with Fortune 500 companies.
The idea, thus the Holy Dad: address various economic grievances, including inequality and environmental degradation.
It’s not going to be the biblical the meek who shall inherit the earth, certainly.
The would-be Marxist on Vatican Hill is planning to form what he has the chutzpah to call a “historic partnership” with big business, known as the Council for Inclusive Capitalism.
If it does ring a bell, it should.
Why the Catholics of the world haven’t yet united to throw that rascal of their Pope out remains a mystery.
Let’s hope that now, when they see what Schwab and his cohorts have imposed on them, and how His Holiness is helpful in their effort to destroy the world, they would wake up.
Either that, or Armageddon.
With a faint hope that it won’t last so long for Schwab’s plans to fail as it did for the Soviet communists to come down crashing.