Klaus Schwab, founder of the World Economic Forum, is now being investigated by the very institution he built. A whistleblower letter, sent to the Forum’s board last week, accuses Schwab and his wife of blurring the line between personal privilege and organizational power.
Why does every rich person in power end up abusing it time after time? Allegedly… of course!
The letter, reviewed by sources close to the matter, details claims of misused funds and questionable conduct—including Schwab allegedly directing junior staff to pull cash from ATMs for him and using Forum money for private hotel massages. His wife Hilde, once on the Forum’s payroll, is accused of arranging fake meetings to justify luxury travel.
Now that Schwab is out and likely a fraud, allegedly, here are the four biggest ideas he wanted to push in 2025 all pulled directly from speeches or the official WEF website:
1. Klaus Schaub: China is a ‘Role Model’
(source)
China has a 9 out of a potential 100 points on the International Freedom Index. As the NYT reported in 2022, a story titled “Breach of the Big Silence: Protests Stretch China’s Censorship to Its Limits” China has many parts that don’t make it a role model.
‘The sheer amount of footage speaks to the deep well of anger inside China against the country’s exceptionally stringent Covid policies that have affected hundreds of millions of people, especially over the past year,” the article wrote.
With that said, the West has its own problems with censorship and authoritarian crackdowns.
Maybe a move toward China is inevitable? The WEF seemed to think so.
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2. WEF: A Good Life Doesn’t Have to Be Happy or Meaningful
(source)
Recently, the WEF promoted a new paper published in the American Psychological Association’s Psychological Review, suggesting how to live a good life.
Yes, the good life… have you heard? It isn’t focused on happiness or purpose but rather a life that’s “psychologically rich.”
All of this, from our perspective at 99Bitcoins, seems to be subliminal for a life where meaning is further reduced. We can’t tell you where to find meaning, but finding is important, no?
3. Klaus Schaub: Inclusive Capitalism Headed by the Pope
RIP Pope Francis, but before he died he had business plans with Klaus Schaub and the WEF.
It’s called “Inclusive capitalism,” and it represents $2.1 trillion in market cap and 200 million employees. The New York Times reported in 2022 that Pope Francis, Ajay Banga of Mastercard, Marc Benioff of Salesforce, Brian Moynihan of Bank of America, and the World Economic Forum were all rewriting the rules of capitalism under the banner of inclusivity and environmental, social, and governance, or ESG.
What did that mean for BTC and Bitcoin mining?
Well Pope Francis did not make any public statements specifically mentioning Bitcoin. However, he consistently advocated that “money has to serve, not to rule.”
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4. Klaus Schaub: Hate Speech Determined by AI
(source)
We’re not sure why people make up lies about the World Economic Forum.
Everything that comes out of their mouth is already so mind-numbingly outrageous it would make George Orwell blush.
The WEF wants to end hate speech by unleashing an A.I. system that will sift through conversations using context and sentiment to determine what hate speech is. Miraculously enough it will even be able to stop hate speech before it’s even published like pre-crime in “Minority Report.”
Rich. Bored. Insane.
Now that Schuab is out, the WEF is still unlikely to change. We’ll keep you updated on what they’re scheming next.
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Key Takeaways
- Klaus Schwab, founder of the World Economic Forum, is out on alleged fraud.
- The WEF is nuts.
The post Klaus Schaub: What’s Next For Newly Fired WEF Chairman? appeared first on 99Bitcoins.
