WEF: Economic outlook has ‘darkened’, business & government leaders warn in Davos

Reuters: Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

Political and business leaders gathering for the World Economic Forum (WEF) meet against a backdrop of inflation at its highest level in a generation in major economies including the United States, Britain and Europe.

These price rises have undermined consumer confidence and shaken the world’s financial markets, prompting central banks including the U.S. Federal Reserve to raise interest rates.

Meanwhile, the repercussions on oil and food markets of Russia’s invasion of Ukraine in February – which Moscow describes as a “special military operation” – and COVID-19 lockdowns in China with no clear end have compounded the gloom.

“We have at least four crises, which are interwoven. We have high inflation … we have an energy crisis… we have food poverty, and we have a climate crisis. And we can’t solve the problems if we concentrate on only one of the crises,” German Vice Chancellor Robert Habeck said. Read More …

Opinion: I found a Breitbart report from May 19 equally disturbing to the 4 crises listed above:

Klaus Schwab Pledges the World Can Find Salvation at Davos 2022

Famine, floods, pestilence, drought, plague, war, and rumors of war. These are the key issues facing the world today and the invitation-only World Economic Forum (WEF) next week in Davos, Switzerland, is just the place to find the answers provided by the select globalist elites, founder Klaus Schwab declared Wednesday.

“The return of war, epidemics and the climate crisis, all those disruptive forces have derailed the global recovery,” Schwab, the forum’s executive chairman, told journalists in an almost biblical prognostication ahead of the convention’s start on Sunday.

For a second I thought Klaus was going to quote Matthew 24:7 with famine, floods, pestilence, drought, plague, war, and rumors of war. 

A look at Matthew 24:6-7 says this: “And you will hear of wars and rumors of wars. See that you are not troubled; for all these things must come to pass, but the end is not yet. “For nation will rise against nation, and kingdom against kingdom. And there will be famines, pestilences, and earthquakes in various places.”  

The really big difference is that Klaus Schwab says “It all comes down to trusting in the WEF to find the correct outcomes and implement them as instructed, Schwab and his unelected workers submit.

Whereas Matthew 24:8 says: “All these are the beginning of sorrows” and the only place to put one’s trust is in the Redeemer, Jesus Christ, who shed His blood for sin, so we won’t have to.

Breitbart: The return of a 2,500-strong in-person gathering after the coronavirus pandemic comes as the world struggles to meet the challenge presented by Russia’s invasion of Ukraine.

“In a world which is becoming more fragmented, more divided, and where many of the traditional multilateral organisations tend to become dysfunctional, or at least mistrustful, a global platform based on informal, trust-faced and action-oriented co-operation will be ever more relevant, more important than before,” Schwab declared.

More than 50 heads of state and government will attend the meeting next week, including NATO Secretary General Jens Stoltenberg, German Chancellor Olaf Scholz and Ursula von der Leyen, President of the European Commission, the WEF lists.

I can’t help imagining the Antichrist watching from the wings of the world stage, nodding with approval. 2500 of the world’s 1% and 50 heads of state are paving the road for his entry.

It is entirely possible that he is in attendance this week at Davos …