“It’s a big club and you ain’t in it!”
I often think of these words, spoken by the
great comedian George Carlin, when I read about the World Economic Forum
meeting in Davos, Switzerland.
Every year, global elites descend on Davos
to discuss the big issues of the day in a Bilderberg-like conclave. This year,
George Soros was there. So was Bill Gates.
The most important world leaders go. As do
CEOs of the world’s largest companies, mainstream media bigwigs, and prominent
academics. Central bankers attend, too.
In short, it’s a bunch of out-of-touch,
self-anointed elites meeting to hand down from above their uniformly bad
“solutions” to the world’s problems. Then they pat each other on the back for
all the good they’re doing.
No matter the problem, their prescription
is always more welfare, more warfare, more money printing, more taxes, and of
course, more centralization of power into global institutions.
Interestingly, Donald Trump has never been
invited to Davos. But his many opponents surely have.
This year, former Vice President Joe Biden
gave a provocative speech. He accused Russia of trying to “collapse the liberal
international order.” It was basically a call to arms and only increased
tensions.
Rising populism was another hot topic. The
Davos crowd sees it as a huge threat.
One professional academic there claimed:
“We have to pay for the social cohesion that we need to keep our societies
advancing, and accept that this may be a higher tax burden on people.”
Christine Lagarde, head of the
International Monetary Fund (IMF), struck a similar tone: “It probably means
more redistribution than we have in place at the moment.”
Speaking of the IMF, the global elite has
wanted a supranational global currency for a long time. In fact, it already has
one on deck.
The IMF issues a type of international
currency called the “Special Drawing Right,” or SDR. The SDR is simply a basket
of other fiat currencies—the US dollar, the euro, the Chinese renminbi, the
Japanese yen, and the British pound.
The SDR is not based on sound economics or
the interests of the common man. It’s just another cockamamie invention of the
economic witch doctors in academia and government.
The SDR is dangerous. It gives the
government—in this case, a global government—more power.
The SDR is nothing new. The IMF has been
slowly building it up since 1969. They’ve just been patiently waiting for the
right moment to use it to displace the US dollar as the world’s premier currency.
Another 1929- or 2008-style financial
collapse would be the perfect excuse for the globalists to execute their SDR
solution.
Trump has inherited a stock market bubble
near its peak—fueled by the Fed’s easy money policies. And he knows it. In
recent months, he’s called the stock market a “big, fat, ugly bubble.”
There’s an excellent chance this bubble
will burst on Trump’s watch. He might play along with the global elites’ SDR
scheme, but I doubt it.
This is why Trump’s first 100 days in
office could change everything… in sudden, unexpected ways.