The “cost-of-living crisis” has replaced “extreme weather” to become the world’s most immediate and serious issue in the eyes of the globalist elites who are heading to Switzerland for the World Economic Forum’s (WEF) annual meeting.
This year’s report, similar to the ones preceding it, paints a bleak outlook of the world. “The next decade will be characterized by environmental and societal crises, driven by underlying geopolitical and economic trends,” it says.
“We have seen a return of ‘older’ risks—inflation, cost-of-living crises, trade wars, capital outflows from emerging markets, widespread social unrest, geopolitical confrontation and the spectre of nuclear warfare.”
When asked to estimate the severity of the said global risks, most respondents ranked “cost-of-living crisis” as the biggest threat to the world over the next two years.
Meanwhile, “failure to mitigate climate change” is viewed as the most serious global risk over the next decade.
The theme of the 2023 gathering is “Cooperation in a Fragmented World.”
This year’s summit, as per usual, will be presided over by WEF founder and Executive Chairman Klaus Schwab, a promoter of the “Great Reset” idea that society should not return to the pre-COVID normalcy, but instead use the opportunity to fundamentally change the way they live and do business.
According to Schwab, humanity must “build entirely new foundations for our economic and social systems” in order to create a healthier, more sustainable, and prosperous world. He argued that this massive, long-overdue reset has become feasible because of the “changes we have already seen in response to COVID-19,” which have forced people around the world to radically change their ways of life and give up what was considered essential prior to the pandemic.