Opening on June 3 by the World Economic Forum ‘ Great Reset‘The agenda looks like a new concept created directly in response to the Covid-19. As it turned out the first sounds ‘dischargeActually were made back in 2014.
To appreciate the importance of WEF intervention, it is important to first recognize the years leading up to 2020, and how they laid the foundations for where we are today.
Every January, the WEF holds its annual meeting in Davos, Switzerland. In 2014, Christina Lagarde, who was then IMF managing director, called for ‘discharge‘Monetary policy, the regulatory environment of the financial sector and structural reforms in the global economy.
Lagarde was adamant about having to reboot ‘in how the economy grows worldwide“. Outlining this, Lagarde referred to the danger of financial stability due to ‘bubbles develop here and there‘, More than 200 million people in the world who were unemployed, and economic growth is too slow.
Despite these concerns, Lagarde believes fiscal consolidation in national economies is still necessary to control spending and ensure after 2008 ‘recovery“.
In January 2019, I published an article detailing the monetary policy aspect ofdischarge‘Advancing Lagarde (Monetary policy “dumping”: from rhetoric to reality) I raised the question of how during the Lagarde intervention, the Federal Reserve gradually reduced its asset purchase scheme (quantitative easing), introduced after the collapse of Lehman Brothers, which caused the 2008 financial crisis.
By the end of 2014, the Fed completely stopped QE. A year later, in December 2015, they began raising interest rates for the first time in more than a decade, and then began implementing an asset reduction program when the central bank began to write off assets from its balance sheet.
For Lagarde, international cooperation will be essential to the success of the reboot. Without the cooperation of countries, this can be fraught with instability and market instability. In an interview with Bloomberg during a WEF meetingLagarde emphasized the importance of ‘Medium grade‘When it came to dumping:
The short-term conflict is faced with the medium-term, but the question is to bring the medium-term period into a personal, political and corporate equation. And this is the work of the IMF.
Looking back, we can say that 2015 was a very significant year, and global planners quite openly declared their ambitions to introduce a new world order over the next decade and a half.
The first came discovery UN derivative program until 2030 in Septemberand at the same time, seventeen core goals, known as the Sustainable Development Goals. The 2030 Agenda was adopted by 193 UN members, and its adoption coincided with the 70th anniversary of the institution.
The main of the seventeen goals was to end poverty by 2030 and achieve zero hunger. It is also necessary to take measures to combat climate change, as well as create sustainable cities and communities, to ensure good health and well-being (which the UN directly connects with vaccinating families).
The 2030 Agenda replaced the Millennium Development Goals, which were introduced in 2000 and encompassed a number of tasks to be completed by 2015. According to the UN‘tremendous progress‘It was done‘but more needs to be done“.
To understand what the UN means under meansMore‘When the Sustainable Development Goals were signed by Claire Melamed, who in 2015 was the director of the Institute for Foreign Development Global Analytical Center, told the BBC:
If they are met, we will have to see huge amounts of money. We will see how governments behave completely differently. We will need to see how companies are completely changing their business practices. It can be done, but the real question is whether we want to do it enough.
Melamed is currently the Chief Executive Officer of the Global Sustainability Data Partnership. The organization’s funding partners include the Bill and Melinda Gates Foundation, which is an outstanding organization in the development of a vaccine for immunizing people against Covid-19.
In December 2015, three months after the announcement of the 2030 Agenda, the Paris Climate Agreement was established at COP21. The agreement is directly linked to the United Nations and operates within the framework of the UN Framework Convention on Climate Change and was the first ever universal and legally binding agreement adopted on this issue.
To achieve the objectives of the agreement, one of which limits global warming to two degrees below,Adequate financial flows will be created, a new technological framework and an expanded framework for capacity building that will facilitate the actions of developing countries and the most vulnerable countries in accordance with their own national goals.. ”
To date, 189 countries have ratified the agreement of 197 that were present at the Paris conference. In October 2016, the necessary threshold was reached for the agreement to enter into force.
With the 2030 Agenda and the Paris Climate Agreement in force, the World Economic Forum (which fully supports the United Nations Sustainable Development Goals) proclaimed the Fourth Industrial Revolution (4IR) as the theme of its annual meeting. I wrote about this in 2018 (Fourth Industrial Revolution: Mission to a New World Order – Part One) and described how the WEF Executive Chairman Klaus Schwab described the impact that the fourth industrial revolution will have on the world.
First, all of this will embrace and engage all stakeholders in global politics, which means full engagement with the public and private sectors, academia and civil society. Some aspects of the revolution include disruption of jobs and skills, business disruption, innovation and productivity, agile governance, security, and conflict.
Secondly, the connection between these areas presents a number of problems, which include the development of blockchain technology, global governance, the future of enterprises, labor and employment, the future of government, the future of production, sustainable development and social protection systems.
The revolution is called the digital revolution, where wheretechnology merger‘Combining physical, digital and biological spheres. Artificial intelligence, robotics, nano and biotechnology are part of the 4IR concept.
Schwab made it very clear that the world can expect a revolution to become ‘the symbiosis between microorganisms, the human body, the products that people consume, and the buildings in which we liveOne of the consequences of this is that people will no longer just be technology users, but rather begin to converge with both the digital and biological worlds to become part of it. The second consequence is that every industry on the planet will be subject to a certain degree ‘violation‘As 4IR advances, leading to the transformation of production, management and control systems.
This does not stop there. In addition to jobs, a human person, privacy, ownership concepts, consumption patterns, time devoted to work and leisure, how we develop as individuals, how we meet people and develop relationships, everything will need to change in order to adapt to 4IR. Since the advent of Covid-19, many of these things have already undergone significant ‘violation“
Soon after the 2016 WEF meeting, significant geopolitical disagreements arose in the world when Britain voted to leave the European Union and Donald Trump was elected the 45th president of the United States.
Three years after they made it clear that serious technological, political and social changes were coming, the World Economic Forum returned with a new theme – ‘Globalization 4.0: The Formation of New Architecture in the Age of the Fourth Industrial Revolution“. This was a topic that I covered in an article published at that time (Why refusing globalist warnings for “project fear” might be a mistake)
Executive Chairman Klaus Schwab took part in this again, repeating that ‘aboutHealthcare, transportation, communications, manufacturing, distribution, and energy systems — to name just a few — will be completely transformed.. ” The scale of the transformation will include blockchain and distributed ledger technology – two fundamental components of the movement to a global network of digital currencies.
Speaking of ‘Globalization 4.0Sch, Schwab described today as ‘an era of widespread insecurity and frustrationAnd, and continued to blame this medium for the growth of populism.
What Schwab did not directly mention is how the revival of protectionist tendencies helped the WEF put forward an argument in favor of 4IR. The higher the level of global disunity, the more opportunities for groups such as the WEF to develop the concept of the New World Order and convince people of its necessity. Globalization 4.0 is an aspect of 4IR, a concept that Schwab is unconditionally committed to:
Globalization 4.0 has just begun, but we are not significantly ready for it. Adhering to outdated thinking and messing with our existing processes and institutions will fail. Rather, we need to redesign them from scratch so that we can take advantage of the new opportunities that await us, avoiding the failures that we are seeing today.
“Done or not‘, Schwab warned,‘new world upon us“.
Five months after the WEF meeting, the Bank for International Settlements introduced a new concept called ‘Innovation Center BIS‘, also known as ‘Innovation BIS 2025“. This is a topic that I also wrote about earlier (BIS 2025 innovation: a stepping stone to the economic “new world order”)
BIS described the Center as a medium-term strategy consisting of three main elements:
Identification and in-depth understanding of critical trends in technologies affecting the central bank
The development of public goods in the technological space aimed at improving the functioning of the global financial system.
Serve as the focal point for the central bank’s network of innovation experts
When launching the hub, BIS CEO Agustin Carstens talked about ‘change in financial landscape‘Following’financial crisis scars“. According to Carstens, the time has come to begin reforming the work of the central banking community.
When digging at the BIS Innovation Center, it becomes clear that the project is based on the creation of a digital currency of the central bank (CBDC). In practice, this will mean the abolition of tangible assets, such as banknotes and coins, and see the creation of a new form of digital money issued by central banks.
Global payment systems are in the process of reform taking into account the use of blockchain technology and a distributed ledger, and central banks are now starting to distribute technological detail on how CBDC can be released,
The currently unstable geopolitical climate, exacerbated by Covid-19 and the unproven fear that the handling of physical money can transmit the virus, helps BIS in their ambitions to completely restructure how the general public will interact with central bank money over the coming year.
In the next article, we will take a closer look at what the World Economic Forum called the “Great Dump” and what exactly global planners seek to achieve.