World and enterprise leaders talking finally week’s Davos World Financial Discussion board hit attendees with some exhausting truths concerning the international and political tumult they face, led by Argentina’s firebrand President Javier Milei claiming that “the Western world is in danger.”
Milei stated the West “is in danger because those who are supposed to have defended the values of the West are co-opted by a vision of the world that inevitably leads to socialism and thereby to poverty.”
“Unfortunately, in recent decades, motivated by some well-meaning individuals willing to help others, and others motivated by the wish to belong to a privileged caste, the main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism,” he continued.
“We’re here to tell you that collectivist experiments are never the solution to the problems that afflict the citizens of the world, rather they are the root cause,” Milei insisted. “Do believe me, no one [is] in a better place than us Argentines to testify to these two points.”
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An attendee writes on a Rebuilding Belief whiteboard contained in the Congress Heart on the World Financial Discussion board in Davos, Switzerland, on Thursday, Jan. 18, 2024. (Stefan Wermuth/Bloomberg by way of Getty Photographs)
“Do not be intimidated by parasites who live off the state, do not surrender to the political class that only wants to stay in power and retain its privileges,” Milei concluded. “You are social benefactors, you are heroes, you are the creators of the most extraordinary period of prosperity we’ve ever seen.”
The convention, held in Davos, Switzerland, from Jan. 15 to 19, included leaders from numerous industries and nations, celebrities and billionaires. Davos famously attracts criticism for selling a inexperienced agenda, as studies claimed as much as 1,000 personal jets carried convention goers to the assembly.
Argentina’s President Javier Milei delivers a speech on the World Financial Discussion board in Davos on Jan. 17, 2024. (Fabrice Coffrini/AFP by way of Getty Photographs)
Along with the yearly highlighted hypocrisy of the attendees, Heritage Foundation President Kevin Roberts spoke on the sidelines after his panel on the discussion board about his shock at receiving an invite, however stated he cherished the chance to present voice to “forgotten people.”
“There’s a lot of these forgotten people, as I’ve come to learn over the last few years [who are] small business owners, people who scraped and saved,” he stated, including that many aren’t usually inherently political. “They all believe the same thing, which is that the American Dream is slipping away from them.”
“It’s laughable that you or anyone would describe Davos as ‘protecting liberal democracy,'” Roberts added. “It’s equally laughable to use the word ‘dictatorship’ at Davos and aim that at President Trump. In fact, I think that’s absurd.”
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The Zurich Kloten Airport is busy with personal and VIP planes of the members of the World Financial Discussion board in Davos, in Switzerland, on Jan. 18, 2024. (Piero Cruciatti/Anadolu by way of Getty Photographs)
Throughout his panel, Roberts burdened that “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.”
“I’ll be candid here, because I think I’ve been invited here to be candid: The kind of person who will come into the next conservative administration is going to be governed by one principle, and that is destroying the grasp that political elites and unelected technocrats have over the average person,” he stated.
Former President Donald Trump on July 1, 2023, in Pickens, South Carolina. (AP Picture/Meg Kinnard)
Former President Trump discovered some stunning assist from unlikely sources, together with JPMorgan Chase CEO Jamie Dimon, who praised Trump’s dealing with of some points, together with the financial system and China.
“I think we should stop insulting the other side, including ‘MAGA,'” Dimon informed FOX Enterprise’ Maria Bartiromo in an interview that aired on “Mornings with Maria” forward of the Davos convention.
“I’ve mentioned publicly many times that a lot of people have voted for President Trump, not because they believe in his family values, but they look at some of the things he did,” Dimon continued. “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.”
“So, that’s why they’re voting for him, and I think the Democrats should be a little more thoughtful when they talk about ‘MAGA,'” he added. “I don’t like how he said things about Mexico […] but he wasn’t wrong about some of these critical issues, and that’s why they’re voting for him.”
At Davos, former President Trump discovered some stunning assist from unlikely sources, together with JPMorgan Chase CEO Jamie Dimon. (Stefan Wermuth/Bloomberg by way of Getty Photographs)
Blackstone CEO Steve Schwarzman argued that the Biden administration’s method to a variety of points, together with the border and financial system, has confirmed an excessive amount of for the U.S. and he doubts it could possibly deal with a second Biden time period.
“We’ve now got $2 trillion deficits with no end in sight, we’ve got our debt to GDP going up, we’ve got open borders with 8 million people coming over,” Schwarzman stated throughout an interview with Bloomberg. “I don’t know that the country, frankly, is prepared for four more years of that, because those things all poll very negatively, so I can’t really project what would happen.”
He additionally lamented the numerous drop in commercial real estate value – of which Blackstone stands as the biggest holder – and that “no one wants to buy,” which in flip is creating a variety of “interesting” investments. He wouldn’t be drawn on hypothesis concerning the U.S. election extra broadly, saying solely that he needs to see “how the game plays.”
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Guests attend the Crystal Awards on the World Financial Discussion board in Davos, Switzerland on Jan, 15, 2024. (Halil Sagirkaya/Anadolu by way of Getty Photographs)
Greece’s conservative Prime Minister Kyriakos Mitsotakis warned that “one needs to be very careful in this environment where everyone is pointing the finger at populists, not to alienate the people who actually vote for them, because some of these grievances are actually very real. 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.”
Open Society Foundations Chairman Alex Soros, son of the controversial Democrat mega-donor George Soros, shocked some together with his feedback that “the Davos consensus is always wrong.” Soros was discussing whether or not Donald Trump would as soon as once more be president.
Fox Information Digital’s Gabriel Hays, Timothy H.J. Nerozzi and Sarah Rumpf-Whitten and FOX Enterprise’ Charles Creitz contributed to this report.
