Do you ever wonder what the people at the major international conferences talk about? Ever wonder what they TPTB worry about? Or wonder how they plan
to deal with global problems?
You may be surprised to learn that their possible plans, exactly what a lot of people here have been trying to find out, and speculated about. has
been put in black and white. Written down, published in the public domain. All you have to do is find it, and read it.
I present to you. The Global Risks 2011 (6th Ed.) From the World Economic Forum, Risk Repose Forum.
This people have analyzed the current global risk, that dominate most of the topics here on ATS. You would be shocked and maybe not surprised to learn
that the things we worry about are the things TPTB worry about also
Click Here to Download PDF - Legal.
Take time to read this document. Bear in mind this is produced by the Risk analysts to the World Economic Forum.
It provides a breakdown, of risks, assessment of them, and provides assessment of appropriate responses to them, along with citing actions that are
being taken, and why.
First look at page 3 (page 5 on the PDF) This is a scatter chart of major risks in the world. mapped by probability and impact. Note that the
Financial Crisis (along with climate change) is one of the biggest hitters in this chart.. Coming close is "Geo Political Conflict" (WAR) But also not
the There are far more blue nodes in the top right corner than any other colour. A check of the Key shows that blue nodes are Economic Risks.
This is what our "leaders" are worried about right now.
OK Skip (or read) you way to Page 18 (20 on the PDF) Here we have a chart shows the rate of deficit unbalance. When China is compared to the US. It's
not looking good. But WE knew that, right?
Scarily Fig 5 of the same page, shows the Average Gross national debt of G7 Nations. is now above 100% of GDP. Niiiiicee!!!
OK here we come to the conclusions on what should be done. and some of this will shock you. or not as the case may be.
1. Recognizing trade-offs in managing Global inbalances.
Quote from this section:
Political Leaders are under increasing pressure to seek short term solutions, but co-orindated actions, such as
simultaneous currency depreciation by multiple coutriess, could create new risks.
OK they said it. that is now confirmed.
2. Strengthening Global Cooperation.
Quote:
Renewed Leadership on promoting international exchange rate coordination is particularly important to avoid currency wars.
Read stop China at all costs.
3. Stregthening financial system.
This section talks about redoubling financial regulation and oversight. Sounds good to me. The risk to the rest, while in the long run it would be
better, many will get hurt in the thrashing of the death throes of the banks.
Whether this will happen, especially with the lobbying power of the banks in Washington DC. who knows
And now my favorite.
4. Facilitating domestic transition towards balanced economies.
Developed (Deficit) countries need to adjust for price and cost to increases competitiveness. I.e. cut prices of products produces (think of the chain
impact that has on your pockets, Americans I am looking at you)
Developing (Suplus) Countries need to adjust for weakness in private domestic consumption. I.e, people need to buy more stuff, just like the
Americans!
Here is the Big one.
Advances economies URGENTLY need to address fiscal stress caused by unfunded liabilities linked to aging societies.
To shift dependance on government funded pensions or social security payment (social insurance) to private savings for pensions, and health care.
Thiss is tantamount to admitting that the money we pay for social security needs to go not on pensions of health care for which it was put in place.
but to pay ... the..... BANKS. Will we have to stop paying it?? nooooo!! THAT I can guarantee.
So that is just Part 1.
The other parts also have interesting scenarios, including a high risk fear of political and social unrest in relation to the retrenchment of
Globalisation. (P.41 (43 on pdf)). Thats the NWO right there.
All clear for us to see. I hope you enjoy the read!
edit on 1/3/2012 by JakiusFogg because: (no reason given)
edit on 1/3/2012 by JakiusFogg because: (no reason
given)
edit on 1/3/2012 by JakiusFogg because: (no reason given)