World Economic Forum; We’re on the brink of a ‘polycrisis’ – how worried should we be?

Note to reader: I include this timely article from the WEF, not because I believe in its objectives, but because I wish to warn the reader in what the WEF is promoting as our primary risk; a never-ending cascade of manufactured crises, culminating in one overreaching “polycrisis” that will persist for at least a decade.

As a reader of my blog, you already know that we truly only have to contend with two primary personal existential risks; (1) the unprotected ever climbing cost of living risk and (2) the injection- and bioweapon-related health risk. The list of risks the WEF proclaim are either silly or outside our control and do not directly affect us. Moreover, the WEF is setting the table, so when mass waves of immigration overwhelm the West or the bombs start dropping, it can say it warned us.

I have two suggestions for the reader. We can overcome these “crises” by taking action. We must continue buying and owning income-generating assets over all others, and we must remain healthy. This means we must become our own doctors and take the necessary actions to remain healthy. Of course, we do not receive any injections under any circumstances and we must figure out a way to stay out of the allopathic system.

The risks that threaten a polycrisis

The failure to mitigate the climate crisis is the biggest risk 10 years from now.
  • The world is facing connected risks that threaten a polycrisis.
  • The cost-of-living crisis is the most immediate and severe global risk.
  • Climate-related risks are the biggest future threat facing the world.
  • A polycrisis could have catastrophic consequences including armed conflict.

The cascading and connected crises we find ourselves in at the beginning of 2023 demand a new descriptor to define the scale of the problems the world is facing.

The war in Ukraine sent energy and food prices soaring. The resulting inflationary pressures ignited a global cost-of-living crisis which has led to social unrest. On top of all that, carbon emissions continued to rise as economies reopened after the pandemic.

The collective vocabularies stored in the world’s great dictionaries didn’t appear to hold a single world to sum up all this strife. So here’s a new one: Polycrisis.

The World Economic Forum’s Global Risks Report 2023 uses the term, to explain how, “present and future risks can also interact with each other to form a ‘polycrisis’ – a cluster of related global risks with compounding effects, such that the overall impact exceeds the sum of each part”.

The risks that threaten a polycrisis

The report, produced in partnership with Marsh McLennan and Zurich Insurance Group, highlights multiple global risks and is a call to action to prepare the world for future shocks.

At the heart of the research is the annual Global Risks Perception Survey (GRPS), which brings together leading insights from over 1,200 experts across the Forum’s diverse network.

When asked to rank the most severe short- and long-term risks, respondents identified the cost-of-living crisis as the most severe immediate risk, but saw the failure to mitigate the climate crisis as the biggest risk 10 years from now. The full rankings are illustrated in the chart below.

A graphic showing the top 10 global risks over a 2-year period and 10-year period.
The top 10 global risks posing a severe threat in the short and long term. Image: World Economic Forum.

Speaking at the launch of this year’s Global Risks Report, Saadia Zahidi, Managing Director at the World Economic Forum, said the risks we face will evolve slowly over the coming decade.

“Two years out, the experts are still expecting that the cost of living is going to be the number one risk on the global agenda. Ten years out, six of the top ten global risks are dominated by climate and the environmental risks associated with that, such as large-scale involuntary migration.”

Speaking alongside Zahidi, John Scott, Head of Sustainability Risk at Zurich Insurance Group, shared his concerns about the lack of political foresight on the climate crisis. “We’re living in a world right now where what’s scientifically necessary, and what is politically expedient don’t match.”

Scott made a call for more public-private collaboration on mitigating climate impacts. “Solving climate change is the ultimate team sport. It isn’t just coming from one sector. It has to be governments, it has to be business, it has to be the finance sector to work together to really address these complex and systemic issues.”

Persistent challenges

A majority of respondents to the GRPS saw little hope of a quick solution to the many crises the world is facing. When asked to characterize what they expected to see 10 years from now, 20% said “progressive tipping points and persistent crises would lead to catastrophic outcomes”.

A graphic showing global outlook in short and longer term.
Only 9% of respondents saw the world returning to a state of “renewed stability with a revival of global resilience” 10 years from now. Taken together, 46% did predict some level of improvement on the current global risk profile.

Interconnected risks pose the greatest threat of a polycrisis

The intersection of current risks with emerging crises poses the greatest risk of a polycrisis. The Global Risks Report 2023 draws a link between the cost-of-living crisis, the failure to mitigate the climate crisis and the growing pressure on finite resources as a potential catalyst for such an event.

A graphic showing the global risks landscape: an interconnections map.

Demand for food, water and energy are rising as a result of population growth and socioeconomic advancement. The expansion of renewable energy systems is creating an unprecedented demand for rare minerals and metals. The gap between demand and supply of these resources could have catastrophic consequences, including biodiversity loss, ecosystem collapse, trade wars and armed conflict between nations, the report warns.

Carolina Klint, Risk Management Leader, Continental Europe, at Marsh shared her concerns about the possible repercussions of these connected crises. “We need to take a step back and start planning for the unexpected. I think, generally speaking, most of the things that we worry about are too short term and modest. So, take a long-term and holistic view of the risks on the horizon. I do think that if we work together, we are able to prepare for and respond to these compounding risks with better agility.”

A challenge to global leadership

The Global Risks Report 2023 suggests the cascading crises facing the world are not going away any time soon. Zahidi says the report shows leaders are preparing for a long road ahead but there is modest optimism that the crises will recede in the longer term.

“Leaders are facing multiple crises that are happening at the same time, so essentially, a polycrisis. When we asked leaders what they’re expecting to happen, well over 80% said that we’re looking at consistent ongoing crises that are compounding each other on an increasingly volatile trajectory. Although 10 years out, we’re looking at that number going down to about 50%.”

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19 thoughts on “World Economic Forum; We’re on the brink of a ‘polycrisis’ – how worried should we be?

  1. Just a warning to those trying to avoid the mRNA vaccines. I am reading articles that they are injecting livestock with the Covid 19 vaccines. Be mindful as to where you are getting your food. My hunch is that they may be injecting vaccines in our food. Check this out:

    The best course of action is turn to Jesus Christ and receive the holy spirit. Pray for guidance on what food to buy and eat. Before you eat a meal ask God to sanctify the meal before you eat it. By sanctifying your food before eating it , you get spiritual protection against impurities in the food. The holy spirit will guide you on what to eat.

    Many Christian prophets have warned about our food supply being corrupted. Our adversary is trying to get us sick in many ways.

    1. I have read over the years for those trying to live off grid and hunting deer and elk. There has been a concerted campaign to infect hurds with Creutzfeldt-Jakob disease, also called: CJD, subacute spongiform encephalopathy.

      Whether that’s true or not, I don’t know.

      John 14:6

    2. Nothing new there, just look at the ingredient list on the back of most food packages. Obviously air and water pollution for a long time too. I would assume the vaccines have to be injected into the bloodstream to have an immediate effect, rather than ingesting it and go thru our intestines. Either way it’s a slow kill for industry to profit off of people’s demise. Avoid junk food, never eat out and only consume what you can grow in your garden. Have a filtration system for water and besides an umbrella, wear a hat, pants and a long sleeve shirt when it rains.

      1. Avoid anything made with industrial seeds oils (rapeseed oil, linseed oil, sunflower oil etc) if you care about your heart health.

        People will go out and buy ‘gluten free’ bread that was fried in rapeseed oil, totally defeating the purpose of what it is they think they’re doing.

        1. Such great points.

          I can’t think of anything worse to eat than the supposed plant-based meats. It’ll even say non-GMO on the label, but unless it’s organic it will be loaded with glyphosphates and round up.

  2. They actually “won”. I warned the readers not to worry about bursting bubbles and CBDCs. Done on purpose to keep you scared and poor. Only those in the top 10% of balance sheet wealth benefited. The bottom 90% mean nothing. The WEF even says it. The elite have you mixing DNA and screaming racism and misogyny. 😅😅😅

    ‘We’ve really lost a decade to lip service about inequality’: World’s richest 1% captured almost two-thirds of all new wealth created in two years, report says

    The report from Oxfam comes as wealthy and powerful leaders gather for the World Economic Forum in Davos.

    For every dollar of new global wealth earned by a person in the bottom 90% during the first two years of the COVID-19 pandemic, a billionaire got $1.7 million, according to a new analysis from the anti-poverty group Oxfam.

    That means that even in an era marked by the pandemic, nearly 15 million excess deaths and rising consumer prices, the richest 1% captured almost two-thirds of all new wealth created between December 2019 and December 2021, the report said.

    1. This is what the alt-finance experts look like.🧟🧟🧟😱😱😱

      Watch out for the collapses and the CBDC. 👁️👁️👁️

      1. Looks like BTC is going up. I wondered why, as I thought crypto winter was going to happen. The news is that most of the money lost from FTX has been recovered and people that lost, can be made whole again. The scandel helped keep BTC price down for awhile. Coinbase laying off people was in the news, sadly that usually upticks a share price. Since BTC broke a resistance marker it could consolidate in the 20k range now until another catalyst that sends it up or down. Maybe the FOMO will spike it next week.

        It cost more to borrow money, and prices for goods are still higher so we are experiencing a bit of that recession hype. However the economic indicator reports Chris that you have been posting since Powell first ran his mouth, haven’t been terrible. Seems that it’s just the FOMC rate annoucements itself that were causing the bearish sentiment. They hinted they will have a lower rate for FEB unless I read it wrong, which should boost the market, and another round of earnings are coming up. At the moment things are looking bullish. I’m not seeing crash or another spiral downward to October lows, are you?

        As the old saying goes:
        “Anything Can Happen”

        1. The economy in its gestalt is performing remarkably well given the manufactured crises. Keep in mind this is the decade of massive wealth consolidation in preparation of the Great Reset, so the wealth consolidation process has been very effective; right under the noses of the bottom 90% who argue about COVID, racism, misogyny, gas vs. electric, CBDCs, etc…

          The economy in its whole has quickly transformed from the initial COVID stimulus almost three years ago and into a massive wealth and power consolidation beast as we get closer to the black horse phase-in. I see it first hand, just by gauging those around me vs. my circumstances. Those with the income generators have really gained. Wage earners have lost out terribly.

          It cracks me up how so many in the alt-finance genre dispense advice from their mother’s basement.

  3. Some recession….
    Latest estimate: 4.1 percent — January 10, 2023

    The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 4.1 percent on January 10, up from 3.8 percent on January 5. After recent releases from the Institute for Supply Management, the US Bureau of Labor Statistics, and the US Census Bureau, the nowcasts of fourth-quarter real personal consumption expenditures growth and fourth-quarter real gross private domestic investment growth increased from 3.2 percent and 5.8 percent, respectively, to 3.5 percent and 6.8 percent, respectively.

    The next GDPNow update is Wednesday, January 18. Please see the “Release Dates” tab below for a list of upcoming releases.

  4. Pope Francis’s first official visit on March 14th 2014; at the Basilica of Santa Maria, the pope officially prays to the Virgin Mary. But after he is finished he deliberately takes a turn and goes to the tomb of Pope Sixtus V to pray.

    Why Pope Sixtus V? Pope Francis knows all about the prophecy of the popes and he prays at Sixtus V’s tomb, because Sixtus V was the Pope in the middle of the prophecy with his phrase “axle in the midst of a sign.” The election of Sixtus V was 442 years after the election of Celestine II, the first Pope in the timeline. But another 442 years pushes the timeline out to 2027. Francis knows and is acting as if the prophecy will be fulfilled in 2027. In fact, the popes in some way have all purposely acted in a way that has fulfilled the prophecy.

  5. I’m from India. The age old real gurus of India who are scrubbed from history only promoted being your own doctor. The medical mafia scrubbed a lot of ancient herbs from Indian Ayurveda now it has become an aid for globalist.

    All Ayurvedic doctors promote and support vaccines. That’s how bad it has become here. I read Indian, Chinese and even Western herbalist books to derive at certain medicines. It only takes few hours of your life and few books or simple google search to find right herbs for you. Only problem is The quality has gone down of herbs due to NPK fertilizers. One needs to grow atleast one herb in backyard just ONE to get many health benefits.

  6. US Banks See Consumers Piling On Debt, Boosting Bottom Lines

    (Bloomberg) — US banks see tougher times ahead for consumers. That may not be so bad for the banks.

    The heads of the nation’s four largest lenders — JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co. and Citigroup Inc. — took turns in calls Friday describing customers who are drawing down savings, piling up debt on credit cards and in a growing number of cases struggling to make their payments.

    But with many still keeping up, the swelling loan balances are good for lenders. And so far, most consumers have “plenty of cushion left,” Bank of America Chief Executive Officer Brian Moynihan told analysts.

    1. Everywhere I go, restaurants are full. It’s difficult to find a parking place. Stores are well patronized. I guess this won’t last because all this is done on revolving credit.

      1. Even the Springfield Mall is full. Of course, I’m the only white guy there, but the open borders lets the retailers stay in business. The demographic looks like a country in Asia/Africa/South America all melted together. I have no idea where these people come from or how they get their money.

        I do know where the money goes. The TGT store is crowded and so is the HD store across the street.

        After the retailers gain billions a year in profits, they then brainwash the masses with re-education efforts to reengineer the masses and Christians that we are all the same and must intermarry and engage in miscegenation to do away away with racism.

        In order to have Daniel’s iron and clay Kingdom that today’s Christians seek, we need a powerful centralized government and an overbearing private central bank that feeds the large corporate hierarchy. This massive corporate hierarchy then effectively takes over the government, educational system, and the economy, and trains us to all live together like John Lennon proclaimed.

        We are now politically correct slaves. Even the alt-media won’t ever touch these subjects. But I do, since my net worth goes up on a consistent, monthly basis. The open borders and corporate reeducation efforts are paying off well for me.

        So, cheer up, suckers. You should prefer this current global order. It’s the only way to get all the people living in harmony.

        Remember that the Old Testament only applies to the Jews. 🤣🤣🤣

        1. We used to go to S’field Mall in the ’70s and early ’80s. It was still okay then, and majority white. Yes, these new americans are issued government aid cards. They have wireless phones, paid for by gvt.

          Loans are behind this largesse. Why any wh*te person continues to support the zio marxists running the show rests on some buyoff, or treacherous attitude towards his or her fellows.

          Note these types, and mark them when they arrive in your area of refuge. And they will eventually.

        2. “Old Testament only applies to the Jews” 😂😂😂

          This one person told me last year – that some of the Gospels are meant for Jews only, and another Gospel was for the Gentile. I can’t remember which Gospel was Gentile, and which is for the Jew. But I guess these days even the New Testament is up for grabs; I assume it all depends on which verse agrees with the Laodicean Christians and which doesn’t. Parable of the seed comes into mind.

      2. I remember a country in which this stuff was not a problem. Of course, we didn’t have to lock cars or houses either. We played outside until after dark. A house on long Island with an acre of land carried a $250/mo mortgage payment. Life was great. But it was too homogeneous and the owners of the private central bank wished to retrain the citizens to prefer living in a multicultural shit hole. Now we have the iron and clay that so many desire. These masses will all be looking up forever after the white throne judgment, but we all live together. Enjoy!

        University of Michigan protesters call for ‘Intifada,’ demise of Israel: ‘A call to murder Jews’

      3. The multiculturals should also be pleased with the relentless multi-decade injection campaigns. Amongst other things, these injections given at a young age lowers intellectual capacity, IQ, overall health, and ability to question. This is especially true with the more intelligent children. Thus, they accept what they are taught.

        The end result is a multicultural kingdom of uniformity. By subduing humanity, we may finally have world peace! No more hate!

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