WEF Is Planning THIS!! Summer Davos 2024 & What It Means For You!
Summary
TLDRThe video delves into the World Economic Forum's (WEF) lesser-known 'Summer Davos' in China, exploring its implications on globalization and the US-China power dynamic. Key themes include the 4th Industrial Revolution, UN's Sustainable Development Goals, and the potential for China to become the new epicenter of global economic power. The discussion also touches on the financial fragmentation post-Russia sanctions and the strategic positioning of countries like Poland amidst these shifts. The video concludes with insights on how these geopolitical changes might affect individual investments and the importance of staying informed in the face of escalating global uncertainties.
Takeaways
- 🌐 The World Economic Forum (WEF) holds two annual conferences: the well-known winter Davos in Switzerland and a lesser-known summer event called the Annual Meeting of the New Champions, often referred to as 'Summer Davos'.
- 🧛♂️ The WEF is composed of an unaccountable and unelected group of global elites who meet to discuss the world's future without public input, often leading to outcomes that may not align with the interests of the general population.
- 📈 The WEF's 'Great Reset' agenda includes plans that could lead to widespread job displacement due to automation and a shift towards a highly controlled society where a few own everything and the majority own nothing.
- 🌍 The WEF has been actively 'penetrating' governments worldwide, placing individuals in power who will ensure the implementation of their agendas without obstruction.
- 👥 The WEF's Global Shapers and Young Global Leaders programs are designed to influence the youth and shape future leaders who will carry out the organization's objectives.
- 🏢 The New Champions track is a pathway for medium-sized business executives to become part of the WEF's inner circle, helping to propagate its vision of a technologically driven, dystopian future.
- 🇨🇳 The Annual Meeting of the New Champions is often held in China, indicating a strategic focus on the country as a key player in the WEF's vision of globalization.
- 💼 The WEF's commitment to the Fourth Industrial Revolution and the UN's Sustainable Development Goals (SDGs) suggests a future where digital technologies play a central role in society, potentially at the expense of human labor.
- 💵 The financial fragmentation due to geopolitical tensions, particularly between the US and China, is causing a shift in global investment patterns, with countries like Poland seeking new economic alliances.
- 🌱 The WEF's focus on Environmental, Social, and Governance (ESG) criteria reflects an investment strategy aimed at aligning with the UN's SDGs, potentially influencing how businesses and economies operate in the future.
Q & A
What is the World Economic Forum's Annual Meeting of the New Champions, also known as?
-The Annual Meeting of the New Champions is also commonly referred to as 'Summer Davos'.
Why is there often minimal media coverage of the Summer Davos conference?
-The script suggests that there is next to no coverage of the Summer Davos conference, implying that it might be due to the secretive nature of the discussions and the influence of the World Economic Forum.
What is the World Economic Forum's stance on the Fourth Industrial Revolution and the UN's Sustainable Development Goals?
-The World Economic Forum is committed to the Fourth Industrial Revolution and underscores its commitment to the UN's Sustainable Development Goals, which include the creation of digital IDs, smart cities, and the implementation of Central Bank Digital Currencies.
How does the World Economic Forum influence political power according to the script?
-The script alleges that the World Economic Forum has been working behind the scenes to place individuals in positions of political power to ensure the implementation of their agendas without obstruction.
What is the role of the Global Shapers and Young Global Leaders in the World Economic Forum's agenda?
-Global Shapers and Young Global Leaders are part of the World Economic Forum's strategy to influence young people and implement its agendas at local and national levels, respectively.
What is the significance of the New Champions track within the World Economic Forum?
-The New Champions track is a path for executives from medium-sized businesses to become part of the World Economic Forum's influence, focusing on delivering the Forum's vision of a dystopian future.
What was the theme of this year's Annual Meeting of the New Champions in Dalian, China?
-The theme of this year's Annual Meeting of the New Champions was 'Next Frontiers for Growth'.
What does the World Economic Forum's focus on ESG stand for and what is its purpose?
-ESG stands for Environmental, Social, and Governance criteria, and its purpose is to ensure that there is enough private sector funding to achieve the UN's Sustainable Development Goals by 2030.
What geopolitical implications were discussed in relation to China's role in globalization at the conference?
-The conference discussed the possibility of China becoming the new center of gravity for globalization, with some speakers suggesting that countries aligning with China could reap the associated rewards, while others warned of the potential for conflict.
How does the World Economic Forum's agenda relate to the concept of 'owning nothing and being happy'?
-The concept of 'owning nothing and being happy' is related to the World Economic Forum's agenda as it suggests a future where most people are replaced by machines and live highly controlled lives, while a select few own everything.
What is the potential impact of the US and China's relationship on global investments according to the script?
-The script suggests that the US and China's relationship could significantly impact global investments, with the potential for a commodity market boom that could boost the BRICS nations if China is perceived as a rising power.
Outlines
🌐 The World Economic Forum's Secret Agendas
The paragraph discusses the secretive nature of the World Economic Forum (WEF), an organization of global elites that meets annually in Davos, Switzerland, and also hosts a lesser-known 'summer Davos'. It outlines the WEF's influence on global agendas, which are often implemented without public input, and its efforts to replace humans with machines and control the remaining population. The WEF's strategies are seen as anti-human, with the ultimate goal of a future where WEF members own everything while the rest of the population owns nothing but is promised to be happy. The paragraph also touches on the WEF's infiltration of governments and its focus on indoctrinating the youth through programs like Global Shapers and Young Global Leaders.
🌟 The New Champions: WEF's Path to Power
This section delves into the WEF's New Champions program, which identifies and cultivates executives from medium-sized businesses to further the WEF's vision of a controlled global future. The annual meeting of these New Champions, held in China, serves as a platform for these individuals to demonstrate their commitment to the WEF's goals. The paragraph also discusses the WEF's promotion of the fourth Industrial Revolution and its alignment with the United Nations' Sustainable Development Goals (SDGs), which include the creation of digital IDs, smart cities, and central bank digital currencies. The WEF's efforts to replace traditional labor with technology and the geopolitical implications of its China-centric approach are also highlighted.
🌍 Geopolitical Shifts and the Future of Globalization
The paragraph explores the implications of globalization and the WEF's role in shaping it. It discusses the economic and social consequences of outsourcing labor and the increasing divide between the rich and the poor. The speech by Polish President Andre dudah at the WEF conference is highlighted, revealing his eagerness to align Poland with China for economic opportunities, despite public posturing towards the US. The paragraph also touches on the potential for European countries to realign with the BRICS nations, given their resource wealth, and the predictions of a future financial crisis that could further shift global economic power dynamics.
💸 Financial Fragmentation and the US-China Power Struggle
This section focuses on the panel discussions at the WEF's summer Davos, which addressed the growing financial fragmentation due to US sanctions against Russia and its impact on global investment trends. It also discusses the potential for the Chinese Yuan to compete with the US dollar, hindered by the lack of depth in China's bond market. The panelists' varied opinions on the US-China relationship, ranging from the early stages of a new Cold War to the potential for conflict in the South China Sea, are summarized. The paragraph concludes with a call for other nations to balance the power between the US and China by ensuring adherence to international law.
🌿 ESG, Geopolitical Realignment, and Investment Implications
The final paragraph summarizes the key points from the WEF's summer Davos, emphasizing the focus on Environmental, Social, and Governance (ESG) criteria to achieve the UN's SDGs. It also discusses the geopolitical realignment towards China and the implications for global investment strategies. The paragraph suggests that investors should consider their country's position in the changing global order and be prepared for potential shifts in power dynamics. It concludes with a call for viewers to stay informed and critical of the narratives presented by both the East and the West, as the truth likely lies somewhere in between.
Mindmap
Keywords
💡World Economic Forum (WEF)
💡Annual Meeting of the New Champions
💡Fourth Industrial Revolution
💡Globalization
💡UN Sustainable Development Goals (SDGs)
💡Technocracy
💡Global Shapers and Young Global Leaders
💡Financial Fragmentation
💡Central Bank Digital Currencies (CBDCs)
💡ESG
💡Great Reset
Highlights
The World Economic Forum (WEF) holds two annual conferences: one in Davos, Switzerland, and another called the 'Summer Davos'.
The WEF is an international organization with significant influence, often more powerful than many governments.
The WEF's agendas, such as the 'Great Reset,' can be seen as anti-human, promoting a future where most people are replaced by machines.
WEF has been accused of infiltrating governments to ensure the implementation of its agendas without obstruction.
The WEF's 'New Champions' track is a path for medium-sized business executives to become part of the organization's leadership.
The theme for this year's Summer Davos was 'Next Frontiers for Growth', focusing on the Fourth Industrial Revolution and UN's Sustainable Development Goals.
Chinese Premier Li Qiushang and Polish President Andrej Duda spoke at the conference, indicating a shift towards China.
Globalization was critiqued for squeezing the lower and middle classes while benefiting the upper class.
The US and China's rivalry was discussed, with some panelists suggesting we are in the early stages of a new Cold War.
The panelists called for other countries to keep the US and China in check, ensuring both abide by the rule of law.
The WEF's focus on ESG (Environmental, Social, and Governance) criteria was highlighted as a means to achieve the UN's SDGs.
The WEF's next Summer Davos is planned to be in another Chinese city, indicating a strategic focus on China's role in globalization.
The video suggests that viewers should be informed about geopolitical shifts and not fall for propaganda from any side.
The WEF's influence and the rise of China present investment opportunities and risks that viewers should consider.
The video concludes by emphasizing the importance of being informed and understanding one's country's position in the geopolitical order.
Transcripts
every winter the global Elite gather at
the world economic forums conference in
Davos Switzerland where they plan the
problems they will create for us and the
solutions they will so generously
provide but did you know that they have
a second annual conference it's called
the annual meeting of the new Champions
it happens every summer hence why it's
often referred to as the summer Davos
now if you didn't know this you're not
alone it seems there was next to no
coverage of this year's summer Davos
conference which is why we decided to
break down its most important bits in
today's video stay
tuned let's start with a quick bit of
background as most of you will know the
world economic Forum or we is an
unaccountable and unelected
international organization consisting of
the world's most powerful individuals
and institutions as a result it has
basically become more powerful than most
governments as mentioned earlier these
Elites meet every year in Davos
Switzerland to discuss the future of the
world without our input and this is not
a conspiracy theory the we has clearly
stated agendas on its website and has
been coordinating its so-called
stakeholders to ensure these agendas are
implemented everywhere many of these
agendas are arguably anti-human as they
result in a combination of most humans
being replaced by machines and most of
the remaining humans living highly
controlled lives in the words of the
West F we will own nothing and be happy
while its members will own everything
and be even happier I don't recall
voting for these agendas to be
implemented do you well believe it or
not it's possible that we voted for them
without knowing this is because in
recent years the wef has been quote
penetrating governments around the world
in the words of its founder and outgoing
chairman klous Schwab yes klouse
literally said this on stage while
discussing the governments of Canada and
Argentina put simply the W has been
working behind the scenes to put people
in positions of political power around
the world that will ensure their agendas
are implemented without obstruction this
is why supposedly opposing presidential
candidates in any given election
coincidentally have profiles on the W's
website now if you watched our video
about how to survive the great reset the
W's most infamous agenda then you'll
know about its global Shapers who
Implement its agendas in cities and its
young global leaders who Implement its
agendas in countries you'll notice that
both focus on influencing young people
and this is not a coincidence either a
few years ago klous made an explicit
goal of indoctrinating as many young
people as possible about the W's agenda
a recent Wall Street Journal Exposition
alleged that he even went as far as
firing dozens of people from the
organization because they were too old a
little hypocritical given that klouse
himself is over 80 but I suppose
hypocrisy can be found in every
totalitarian ideology and like every
ideology you need to find a way to root
out the grifters from the True Believers
the ones who slavishly adhere to the W's
agendas the new Champions track is one
of many paths that lead to becoming a
high priest of the we its website
specifies that new Champions are seae
executives from medium-sized businesses
around the world interested in
delivering the W's dystopia naturally
these new Champions are carefully picked
and every summer the new Champions who
made the cut Gather in a growing city
typically in China to show the upper
echelons of the W just how dedicated
they are to its de facto religion this
year's conference took place in dalan
China and its theme was the quote next
Frontiers for growth but before we dig
in be sure to smash that like like
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and now back to the video now the annual
meeting of the new Champions began as
all we conferences do and that was with
an opening speech by the one and only
CLA Schwab he highlighted the fact that
the we remains committed to the fourth
Industrial Revolution and underscored
its commitment to the un's sustainable
development goals or sdgs if you watched
our recent video about Universal basic
income you'll know that the fourth
Industrial Revolution consists of a
combination of Technologies such as Ai
and Robotics which could key word there
could replace humans in most jobs in
case it wasn't clear enough the we
really wants this to happen for many
reasons one of these is the fact that
implementing a digital technocracy is
one of the explicit purposes of the sdgs
which mandate the creation of digital
IDs the roll out of smart cities and the
implementation of Central Bank digital
currencies or cbdcs in every country by
2030 also not a conspiracy theory you
can learn more about the UN using the
link in the description anyways after
klouse was done Chinese Premier Lee
kushang spoke which was not that
surprising given that the conference was
being held in China what was surprising
how however was the subsequent speech by
Andre dudah the president of Poland
Andre revealed that he's been eagerly
attending we events for years and he
then proceeded to essentially shill
Poland as the ideal place for China to
do business in Europe promising low
taxes a youthful hardworking labor force
and easy access to the wider European
market this was very surprising as Andre
has been publicly aligning Poland with
the US and its allies behind somewhat
closed doors however he is itching to
align with China and its allies which is
crazy considering that one of these
allies is Russia we suspect this is
because Germany's economic implosion
presents an economic opportunity for
Poland and Poland doesn't exactly like
Germany very much either you know World
War II Etc in any case Andre's speech is
evidence of something we noted in our
video about the bricks and that's that
many European countries could align with
the bricks when they realize that they
have all the resources and that
resources are required for economies to
function and societies to remain stable
it seems Western Europe is learning this
lesson the hard way but well that's a
topic for another time now this ties
into another talk of this year's summer
Davos titled quote where is
globalization headed if you watched our
video about financial nihilism you'll
know that globalization effectively
involves Outsourcing labor to where it's
cheapest in order to maximize profits
for a small group of global Elites this
is something Columbia University
Professor Adam to didn't hesitate to
point out in his talk he began by making
it clear that the we is Ground Zero for
globalization and that all the people in
the room were part of the globalist
elite seriously check out the talk you
can find it on YouTube incredibly Adam
admits that globalization has been
squeezing the lower class and middle
class in most parts of the world while
inflating the upper class to
unprecedented financial and ideological
highs he also pointed out that
globalization started falling apart in
2008 which we've also noticed of course
Adam doesn't think that globalization is
a problem per se rather he thinks it's
just a problem because the US is
resisting the fact that China is
becoming the new center of gravity for
globalization from Adam's perspective
this is why there's so much geopolitical
turmoil and he's probably right
what's scary is that Adam predicts that
the US and its allies will try and
onshore their manufacturing but will
eventually fail forcing them to buy from
China in the end he believes that the
first countries to recognize that
reshoring is futile and team up with
China will be the first to reap the
associated Rewards well that explains
Poland now obviously Adam seemed to be a
bit biased towards China in his analysis
this was made clear when he said
something along the lines of India not
having a chance at becoming the next
Nexus for globalization for context it
seems that the US and its allies have
been trying to convince India to
challenge China regardless Adam wrapped
up his talk by making a series of simly
spooky recommendations and predictions
one of these was the recommendation that
the EU expands the Euro's dominance as
much as it can during the next financial
crisis which he predicts will happen
sometime later this year he also
recommends that the US and EU should
practically give up on manufacturing and
turn their focus towards taking care of
their aging populations and increasing
their quality of life using cheap goods
from China he predicts that Europe will
become a quote front line between the
rich and the poor what could possibly go
wrong now this relates to another
interesting panel at the annual meeting
of the new Champions about the
fragmentation of the Global Financial
system for reference the unprecedented
sanctions against Russia by the US and
its allies have put a black mark on the
entire so-called Global South due to its
relationship with Russia the Practical
effect of this is that investors and
businesses in the so-called Global North
have become very hesitant to invest in
or expand their operations to countries
like China crane Shar CEO Jonathan crane
revealed this during his part of the
panel discussion and said it will take
years to reverse this new trend and yes
the moderator did ask the question
you're probably asking is the Yuan going
to compete against the US dollar because
of this financial fragmentation what's
fascinating is that the panelists
weren't sure despite most of them being
pro-china what's even more fascinating
is the reason why Kung shengfan the head
of a Hong Kong asset management firm
revealed that the biggest barrier to the
Yuan competing with the US dollar is not
that the domestic currency is controlled
but because the Chinese bond market
isn't deep or liquid enough this
requires a bit of an explanation so bear
with me wealthy individuals and large
institutions including governments don't
typically save their money in regular
checking accounts like we do instead
they buy bonds AKA debt specifically US
Government debt this is because it is
considered to be the safest asset you
can buy and you can earn a nice yield on
it more importantly because the market
for US Government debt is so big it
makes it very easy to buy and sell large
amounts of it without moving the price
this kind of liquidity is necessary if
you're moving tens or hundreds of
billions of dollars around and the US
bond market is the only one with this
liquidity on that note Bonnie Chan the
head of Hong Kong exchanges and clearing
had noted in a previous panel that
Chinese citizens have over $30 trillion
of savings sitting idle it's believed
that these savings are idle because
Chinese real estate has imploded and
Chinese stocks are uncertain never mind
that the Chinese economy isn't exactly
in the best shape either whatever the
case though this cash pile drives home
the significance of Jonathan's
prediction that Chinese citizens will
eventually start investing in stocks the
same way that Americans do that means
putting all their savings into stocks
along with a portion of their paychecks
causing the markets to go up only if
this sounds familiar that's because it's
almost exactly what black Rock's CEO
Larry thinkink said in this year's
letter to investors which we also
summarized if you watch that video
you'll know that Larry has been trying
to convince countries with high savings
rates such as India to force their
citizens to invest in stocks now given
black Rock's close relationship with the
we it's safe to assume that it's putting
similar pressure on China but it seems
that black rock is realizing izing what
all control freaks will come to realize
you can force people to adopt dystopian
Technologies like cbdcs but you can't
force them to actually use them speaking
of which at the end of the panel there
was a somewhat funny question from a
Chinese member of the audience he asked
Jonathan why Americans are so unhappy if
they're all invested in stocks and
stocks are going up only Jonathan
Shrugged his shoulders and said I don't
know inflation it just goes to show how
out of touch these globalist Elites are
moving on now the next panel discussion
worth dissecting at this year's summer
Davos pertained to another pressing
topic and that's the increasingly tense
relationship between the US and China as
you can imagine this exchange was pretty
intense and opinions varied from one
extreme to the other for example Foreign
Relations Specialist Robin niblet said
flat out that we're in the early stages
of Another Cold War and that there's no
way to backpedal as we're dealing with a
zero sum game in plain English it's
either going to be the us or China that
takes power a world with two Powers
isn't possible similarly linnn qua from
The Brookings institution Think Tank
warned that China's intimidation of the
Filipino Navy in the South China Sea
could result in an accident that causes
an actual conflict in turn the US would
be forced to step in to defend the
Philippines to honor a military treaty
it signed in the
1950s meanwhile Hong Kong political
science Professor Lee Chen reminded the
pro-american panelists of a famous
saying from former US Secretary of State
Henry Kissinger quote to be an enemy of
the US is dangerous but to be a friend
is fatal the audience erupted in
laughter and Lee then said something
chilly he noted that most of the people
in the audience laughing were from
Europe which should make the meaning of
the quote evident if not let me spell it
out for you us allies often find
themselves in proxy wars where they
suffer the social and economic
consequences while the US reaps the
benefits if any this is arguably what's
been happening in Europe with Ukraine
and evidence for it can be found in a
forgotten statement by Lord Isme the
first Secretary General of NATO the
purpose of NATO is quote to keep the
Americans in Europe the Russians out and
the Germans down make of that what you
will and yes it is a real quote you can
find it on NATO's official website all
sources in the description folks anyhow
back to the US China relationship by the
end of the panel discussion on the topic
it seems that More Level heads had
prevailed with the panelists calling on
other countries to keep the US and China
in check by this they meant ensuring
that both superpowers continue abiding
by the rule of law if you watched our
aforementioned video about the UN you'll
know that these laws are already out the
window if you've been paying attention
you've probably noticed that the US and
its allies are becoming more like China
and its allies as a result look no
further than paval durov's arrest for
evidence of that now the W's summer
Davos ended with some very short closing
remarks from Mir dusk the managing
director of The W Mir looked a bit
depressed presumably because he
previously hinted that he was a big
investor in Chinese EVS which are
starting to be hit by tariffs in the EU
Mir is Czech by the way now mirik gave a
pitiful overview of the key points of
the conference almost all of which
related to ESG in some way FYI ESG is an
investment ideology pioneered by the
likes of Black Rock and directed by the
we to ensure that there's enough private
sector funding to achieve the un's sdgs
by 2030 two Chinese government officials
then took the stage and proudly
announced that the W's next summer Davos
will take place in another Chinese City
it goes without saying that the China
Focus comes from the fact that the we
wants to stay in control of the
globalization its Constitution created
if what this year's speakers and
panelists said at summer Davos about
China's role in globalization is true
then we can expect to see more we
conferences in China in the coming years
klouse seems to have taken this shift as
an opportunity to step slightly off
stage he will retire as chairman of the
we in 2025 and this brings me to the big
question and that's what this means for
you and your Investments well the answer
depends on your perspective if you
believe that China is a rising power and
that the bricks will gain Global
dominance during the next commodity
Market boom then you should prepare
accordingly that means understanding how
your quality of life and Investments
could be effective Ed in Practical terms
this means asking yourself where your
country stands in the changing
geopolitical order is it allied with the
declining West the rising East or
somewhere in the middle how will it
respond if China Rises fortunately for
any polls watching Andre Duda has made
it clear that Poland is trying to Cozy
up to China For Better or For Worse it's
possible that the rest of Eastern Europe
will follow suit as they're also not the
biggest fans of the German interests
that rule over the EU this historical
fact is easy to forget conversely if you
believe that China isn't the rising
power it's been made out to be and that
there won't be any commodity boom to
boost the bricks then all you need do is
continue living and investing with the
status quo if you think about it this is
the easier option which is probably why
so many believe it as with all things
though the truth is probably somewhere
in the middle and the geopolitical
uncertainty we're experiencing seems to
be evident of this middle scenario
playing out it seems that nobody truly
knows for sure if China is a rising
power nor how this could affect the US
and its allies what this means for us
then is that we need to be as informed
as possible about what's going on in the
world and do our best not to fall for
the propaganda that's being spewed from
both sides this is becoming harder to do
as censorship efforts increase across
the board but it is still just about
possible for
now and that is all for today's video so
if you found it informative smash that
like button to let us know if you want
to stay informed subscribe to the
channel and ping that notification Bell
and if you want to help inform others
about what's been going on at the W then
be sure to share this video with those
who will watch it as always thank you
for watching and I'll see you next time
this is Guy signing off
[Music]
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