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"Every year, elites at the World Economic Forum gather to plan the future without our input, and they don’t just do this in the winter in Davos. They also do it in the summer, usually in a major Chinese city.
‘Annual Meeting Of The New Champions’ focuses on the individuals and institutions that will take the reign from the old guard at the WEF once they retire, like Klaus Schwab recently did.
This so called ‘summer Davos’ didn’t get much media coverage, so we figured we’d do the journalists a favor and dig deep into everything that was discussed. Spoiler: it will shock you. Enjoy!"
~ Coin Bureau
This video discusses the World Economic Forum's "annual meeting of the new champions" in China, also known as "summer Davos," which focused on the theme of "entrepreneurship for a new era." The conference highlighted the emergence of a new global order with US and Chinese poles. The atmosphere of this year's event was different from previous years, especially after the departure of former WEF chairman Klaus Schwab. Panels addressed a range of topics, including the changing global economic order and the weakening of institutions like the IMF and World Bank. The video also touched on the role of populism, national security, and uncertainty in shaping economic trends, noting that uncertainty is a major problem for consumption and capital flow.
A significant portion of the discussion was dedicated to the future of technology and global finance. Panels explored emerging technologies, with a surprising focus on biotechnology over AI. There was also a detailed discussion on the decline of the U.S. dollar and the potential for a new global currency system. The video also mentioned the potential for the EU to become a third pole in the world order, though challenges like market fragmentation and sovereignty remain. The speaker concludes by summarizing that the world is changing and nobody, including the WEF's thinkers, knows what the new world will look like, hinting at the potential for more authoritarian governments to create stability. The video ends by questioning whether a looming financial crisis will foil the global elite's plans or be used to their advantage.
0:00 Intro
0:45 WEF Summer Davos Explained
4:43 New Economic Order And Geopolitics
8:52 AI And Emerging Technology
13:07 Globalism 2.0 And Currencies
17:20 China’s Strategy vs. US
21:45 What Does It Mean For You?
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=Z9gCw2ou6Sc
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
