The World Economic Forum was as an extension of the European Union. As such, its future was tied to the E.U. N.A.T.O.’s bungled efforts to attack Russia via the backdoor of Ukraine has backfired, doing damage, probably terminal, to both itself and the E.U.
It is hard to overstate the ineptness of the misadventure. It has, absurdly, managed to shoe-horn Vlad Putin into the role of leader for the 70% of the world who declined to go along with the West’s hubris. Instead of isolating Putin, they have raised him to world eminence as the man who finally and successfully faced-down the West.
Putin is nothing if not a practical man and has no time for the W.E.F. and their hair-brained schemes.
‘The West’, as a cultural and military force, has been humiliated.
All this leaves the assemblage of self-proclaimed ‘elites’ looking somewhat pathetic and irrelevant. Rich old men and women, blind to what makes the world tick, but with grandiose delusions of being super-visionaries.
Schwab, Blair, Gates, Kerry, Gore, King Charley etc. are a bunch of irrelevant old twits. They are the 21st century equivalent of the bewhiskered and debauched occupants of the gentlemen’s clubs in 19th century London, sitting around quaffing port and grumbling about the state of the world.
The W.E.F. rose with the E.U. and will die with the E.U.
The wake will be a long and festive affair, taking place one funeral at a time.