The WEF – with no expertise in fiscal affairs or democracy or any regard for the existing mountains of debt of nations – seeks tax increases for developed nations of 3.6 trillion bucks MORE EACH YEAR
From here:
“Philanthropies can Partner with Business and Government to Close Climate Financing Gaps, Says New Report”
World Economic Forum, public.affairs@weforum.org
The world needs up to $3.5 trillion of additional investments each year to reach net-zero and restore nature
Combined funding from business, government and philanthropic sectors is falling short, with 6% of 2025 investment needs met so far, and only 2% of philanthropic giving directed towards climate mitigation
New report includes case studies on where these sectors have partnered to speed up financing, such as mangrove and land restoration, air quality improvement and the phasing out of coal with equitable and renewable outcomes
For more information, read The Role of Public-Private-Philanthropic Partnerships in Driving Climate and Nature Transitions report here
Given the US generates around a quarter of global GDP pf around 120 billion bucks, the cost to US taxpayers ON YOP OF existing ludicrous plans included the recently passed laughably named “Inflation Reduction Act” is slated to be … drum roll.. one quarter of that annual 3.6 trillion = 900 billion bucks ECERY YEAR FOR 26 YEARS = 23.4 trillion dollars. Inflation will easily push that over 25 trillion bucks.
US personal tax receipts at the federal level for 202 are around 3 trillion bucks a year. The IS currently running up a 5% interest bill on maturing Government debt that is just about to cross the THIRTY FOUR TRILLION dollar level. At 5% that interest bill will escalate to 1.7 trillion bucks a year – and that is before the upcoming multi-trillion dollar deficits add to the pile of debt.
Only those with no appreciation that money is important – Maoists/Marxists/Cult of Moloch – could even contemplate the inevitable societal collapse that this amount of unfunded spending will cause.
Of course, the WEF knows this – and dresses up the catastrophic and insane polices as being afforded by “public-private partnerships” that are the hallmark of fascism.
Here is a take from Jordan Schachtel:
”According to a new white paper published Wednesday by the Davos outfit in partnership with McKinsey & Company, it’s time to print more money to further devalue the wealth of the common man, in order to pursue the apparent noble goal of “decarbonization.”
Yep. Keep in mind that inflation is anywhere and everywhere a monetary phenomenon and that EXTRA spending demanded by the anarchistic, fiscally incompetent, “faux science” supporters with all the experience and expertise in solving problems of dung beetles – will directly cause inflation of an EXTRA 5% per annum in the US and the western world – with extra interest from the debt to be funded by US and western taxpayers.
A direct transfer of wealth with the vultures and parasites of the WEF taking their cut as they feed off the taxpayers gravy train.
Mind bobbling arrogance from the incompetent, unqualified and unelected shysters at the WEF.
The WEF has as much right or the qualifications to dictate the fiscal policy of nations as 30 random people selected from any country. The validity of views and suggestions would have equal value. The WEF is simply NOT credible and those supporting it had better discover that for themselves before they are sacked or voted out of office. The WEF is a curse, a Jonah, the kiss of death – any policies that are adopted by any government will consign the country of that government to poverty, disease, death and misery – all financed by “never to be repaid” debt. Called “odious debt”,
Onwards!
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"Role of Public-Private-Philanthropic Partnerships in Driving Climate and Nature Transitions"
Let me translate: We, BigPolitics and BigBusiness, are going to rob the taxpayer in the name of "science".
Seems like we need a working definition of the word Philanthropy AND of what it is NOT.