Klaus to the World: We're Taking Everything You Have

But here's a lovely narrative to rock you to sleep.

ELIZABETH NICKSON

Klaus Schwab, he of the weird costumes, Nazi Overlord accent, who squats astride Davos, the man from which emits the stench of world government, has graced his former serfs – us - with yet another of his tortuous screeds, this one called The Great Narrative For A Better Future.

In which he argues for Empathy.

Let’s all pause to fall about laughing. Because Schwab’s ‘better” plan, which he outlines in massive numbers of pillowy paragraphs, already means most of us are spending several hundred dollars a month more to keep food on the table, because Biden, Boris, Macron, Trudeau have already bettered us right into a permanent recession.

141 million have been forced into extreme poverty by energy prices.

Klaus and his 50 thought-leader friends are, in the phrase the incandescent Barbara Amiel Black once used, “men who think they can think”.

He definitely thinks we can’t think, so phrases are laboriously defined for us peasants, us suburban American bunnies who are barely human, who should be back in the fields, his fields. Or, possibly his ovens. As in:

“We present our ideas in a linear manner (one after another)”.

He uses words like “quantum” and “complexity”.

Complexity is: “stuff we don’t understand or find difficult to understand”.

Oh gosh, Herr Professor Doctor Schwab, thank you so very very very much.

Apparently decision makers are just as confused and scared as he assumes we are. “We heard decision-makers confess ‘they are a bit lost’ or ‘don’t know what’s happening.’”

That’s because “complexity creates limits to our knowledge and understanding of things.”

“Exponential growth is hard to grasp. It is in fact, so baffling to our cognitive functions that we often deal with it by developing exponential “myopia”.

“This is complexity at work, it baffles us.”

Having established us as idiots who don’t understand the words ‘linear”, “complexity” and “exponential growth”, Klaus pulls out the fear. He reminds us of just how terrifying the “shock” of Covid was. He promises that many many more shocks are coming, faster and faster, creating more complexity, not only that, exponential growth of complexity, shock and fear.

Honest to God, one wants to do the humane thing and put him out of his misery.

Putting aside the suspicion of a hundred million serfs that Klaus and his commie corporations, the CCP and Democrat Party caused Covid to destroy populism world-wide, we move on to the future.

This time, the complexity, shock and fear are coming from the incontravertible fact of catastrophic climate change.

Never mind this chart. It is inconvenient and too much real hurts our Davosian heads.

CO2 is NOT driving climate change.

Klaus wants lots and lots and lots of money to re-tool the economy and manufacturing to fight “climate change” which is so so urgent.

He wants one Trillion Euros to start, and 260 Billion annual Euros to be going on with. In Europe.

Carbon prices sit at $10 a tonne now, he wants them to be $75 a tonne by 2030. That’s a 700% rise in seven years. Those taxes will be paid by the peasants.

Are you ready to be paying 750% more for gas?

Not all of you! he cries. Some of his innovations will be paid for by the “private market”. Klaus, you know and I know that when companies add on costs, they pass on those costs to the customer. Or do you know that?

He thinks we don’t. He thinks we are going to think: finally the corporations are going to “pay their fair share”.

In point of fact, Klaus is lying. It’s not One Trillion Dollars.. It is Two Hundred and Seventy Five Trillion Dollars, in western democracies alone, in cumulative spending in the next three decades to reach Net Zero according to McKinsey.

Net Zero will happen by shifting 100% to “green” energy.

Where in the world are we going to find $275 Trillion? In the US and Canada alone we are $50 Trillion in debt. The Eurozone is in worst debt. We both have an aging population with about $400 Trillion in unfunded pension and health liabilities for the elderly, according to Harvard’s leading economist who isn’t bonkers, Niall Ferguson, one of Schwab’s thought leaders. (He threw a few realists in to distract us from the full-on bonkerdom.)

Interest on American debt alone will be $2.5 Trillion a year in ten years.

The gall of the man. The arrogance. I just have to admire how truly insane he is. I mean he is utterly certifiable and all his coat-holders, his WEFer government workers are just as insane, innumerate and bonkers.

“We didn’t see inflation coming,”

This is an actual quote from the book. None of them, not one of the members of the WEF, none of his little leader people he sent out and put in power, like Jacinda and Justin and Macron and Rishi Sunak - all of whom are roundly hated by nearly every single citizen of their countries - or Biden, who is just pitiable, knew that spending trillions of dollars on Covid relief and shutting down energy supply would create inflation.

Come ON. That’s scary stupid. Very very scary stupid. Energy is how everything, every single thing, is created. When you restrict energy supply, you raise the price of energy and then the price of everything goes up. That’s inflation. And you didn’t know that?

For the first time, I am scared. Because every farmer, shop owner, car owner, knows that.

Your cohort of leaders not knowing that, is what creates populism.

This is what Klaus and his corporate partners think of populism: 

“Leaving moral considerations aside, populism tends to be bad for sustainability: first a strong correlation exists between populism and climate skepticism; second, populism brings demagogues to power who then offer oversimplified and unworkable solutions to complex problems (environmental policies being one of them).

“leaving moral considerations aside”.

Which are what?

Never mind. He doesn’t explain. Populists are immoral just because.

Let’s see what the past three years of exponential, complex, not-linear, change hath wrought.

141 million have been driven into extreme poverty by fuel shortages.

Thousands of US Banks - half of them - are potentially insolvent. The Federal Reserve is insolvent. Rising interest rates - not expected by Klaus or even Janet Yellen - means that commercial real estate loans are coming due in the next few years, and half of commercial buildings in the US are empty because of recession and people working from home.

The Fed broke the regional banks.

Carbon taxes are already punishing the bottom 50%. Carbon taxes and green energy requirements have skyrocketed the price of food and energy. Green energy requirements add $1000 a month to the rent on a one bedroom apartment. In the US, we are short 10,000,000 houses, in Canada, 1-2,000,000 houses, but housing is so expensive to build because of “sustainable” requirements, no developer is willing to take it on. 70% of us don’t have an extra $1000 for an emergency, 67% say they are fuel poor. They are cold in the still cold winters.

Yesterday, the EPA demanded billions of dollars of equipment on new power plants for carbon reduction. This will once again skyrocket energy costs. Expect to be paying twice as much next year.

Children in the United States are cold during the winter because of Klaus’s sustainable fever dreams. If Klaus and his crew get their way no one will ever be warm again in winter in the northern hemisphere.

Look, I live in a carbon neutral house1, heated by geothermal. My house is rammed earth, which has extraordinary thermal mass, my windows are triple glazed and argon filled. It’s never hot and never cold in here. I use very little energy.  I have almost every green innovation, including a perpetual covenant on my fields and forest and creeks. It is like having an extra lung, it’s so healthy here. It took 15 years to get the geothermal working right (it still isn’t) and every other thing I did cost at least twice as much if I had done straight-up stick framing.  In order to afford the house and land, I had to contract it myself and do nothing else for three years.  It took every penny I made for ten years of my life.

It is the future. When we can afford it. But destroying the wealth of the entire world to get there isn’t workable. Slow steady progress, the refinement of new technology, determined by the market, is everything.

What do you want the fruits of your labor to be Klaus? Starving and freezing children? Because that is how you will be remembered.

1

at one point I thought they might be right about Climate Change. And then I studied it, and realized it was nonsense.

Source: Welcome To Absurdistan