The leader of the economic thing overseas and his lapdogs are doing their best to crush crypto because too many regular people were making money and making the people in charge of things very nervous.

They like to keep their thumb on us, and crypto disrupts that.

Klaus Schwab
Klaus Martin Schwab is a German engineer and economist. In 1971 he founded what became the World Economic Forum, of which he is the executive chairman

World Economic Forum

This year in Davos: a referendum on Davos itself

The small ski town of Davos, high in the Swiss Alps, has stepped up security measures at the annual meeting of the World Economic Forum, when armed guards descend on the roofs of hotels while world leaders and businessmen drink champagne below.

But today, all that Davos stands for – globalization, liberalism, free market capitalism, representative democracy – appears to be under attack.

For the past half century, Klaus Schwab, the patrician founder of the World Economic Forum, has extolled the virtues of an interconnected world, one in which the free movement of goods, services, people and ideas would lead to shared prosperity and peace. It was an idealistic vision that held up in the face of global turmoil, and it found adherents in the corridors of power Palo Alto, California, to Washington, DC, and from Brussels to Singapore and beyond.

However, the past two years have fundamentally tested the viability of that ambitious worldview.

The coronavirus pandemic sparked a wave of isolationist foreign policy movements, revealing the fragility of supply chains and leaving China largely cut off from the rest of the world. – Source

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