At the recent Davos World Economic Forum, a gathering of global and business leaders, Argentina's President Javier Milei delivered a stark warning, stating, "the Western world is in danger."
He attributed this danger to the abandonment of Western values by those who should have defended them, leading to a shift towards socialism and poverty.
President Milei argued that the Western world has been led astray by well-meaning individuals and those seeking to belong to a privileged caste. He stated, "Unfortunately, in recent decades, the main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism." He further warned against collectivist experiments, asserting that they are not the solution to global problems but rather their root cause.
Drawing from Argentina's experience, Milei urged his audience not to be intimidated by those who live off the state or the political class seeking to maintain power and privileges. He concluded, "You are social benefactors, you are heroes, you are the creators of the most extraordinary period of prosperity we've ever seen."
The Davos conference, which took place in Switzerland from January 15 to 19, attracted leaders from various industries and nations, celebrities, and billionaires. Despite its reputation for promoting a green agenda, the forum was criticized for the alleged use of up to 1,000 private jets by attendees.
Kevin Roberts, President of the Heritage Foundation, expressed surprise at his invitation to the forum. He valued the opportunity to represent the "forgotten people," including small business owners and those who feel the American Dream is slipping away. Roberts challenged the notion of Davos as a protector of liberal democracy and dismissed the use of the term 'dictatorship' in reference to President Trump as absurd.
During his panel, Roberts stated, "the very reason that I'm here at Davos, is to explain to many people in this room and who are watching, with all due respect, nothing personal, but that you're part of the problem." He further revealed that the next conservative administration would be governed by the principle of dismantling the control that political elites and unelected technocrats have over the average person.
Former President Trump received unexpected support from JPMorgan Chase CEO Jamie Dimon, who commended Trumps handling of the economy and China. Dimon urged for an end to insulting the other side, including 'MAGA.' He stated, "He grew the economy. He was right about NATO, they spend more money. He was right about China. He was right that some regulations do not cause positive output."
Blackstone CEO Steve Schwarzman criticized the Biden administration's approach to various issues, including the border and economy. He expressed doubt about the U.S. handling a second Biden term, citing the $2 trillion deficits, rising debt to GDP, and open borders. Schwarzman also noted the significant drop in commercial real estate value and the lack of interest in buying, which is creating interesting investment opportunities.
Greece's conservative Prime Minister Kyriakos Mitsotakis cautioned against alienating those who vote for populists, acknowledging that their grievances are real. He stated, "People feel that they are left behind by globalization. The fact that wages have not really increased, inflation is really hitting lower-income households these are real grievances."
Alex Soros, Chairman of the Open Society Foundations and son of Democrat mega-donor George Soros, made surprising comments stating, "the Davos consensus is always wrong." He made this statement while discussing the possibility of Donald Trump returning as President.
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