Why Does the WEF Want to Eliminate Ownership?

Klaus Schwab, Founder and Executive Chairman, World Economic Forum, Mark Rutte, Prime Minister of the Netherlands, Office of the Prime Minister of the Netherlands, Ana Botín, Group Executive Chairman, Banco Santander SA, capture during the Session “The New Impetus for Europe” at the Annual Meeting 2019 of the World Economic Forum in Davos, January 24, 2019. Congress Centre – Congress Hall.Copyright by World Economic Forum / Sikarin Fon Thanachaiary

You know that the World Economic Forum has a record of destruction. Its Great Reset agenda has destroyed wealth around the world. In fact, one initiative highlighted by the forum suggested that in the future, people will own nothing and be happy about it.

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But tell that to retirees. Millions of retirees are living happily because of the wealth they own. Through their hard work, saving, preservation of capital, and successful investment, these Americans have built enough wealth to sustain them through their retirement years.

The ownership of wealth is the easiest way for people to avoid dependence on governments and their limited resources. Maybe that’s the problem organizations like the World Economic Forum see in wealth ownership. Retirees and savers with independence can’t be controlled. In The Spectator, Carol Roth discusses the war on wealth, writing:

For many Americans, creating generational wealth has come from owning homes that have appreciated in value. Some individuals hold stock and other financial instruments via brokerage accounts and 401(k) plans that have largely increased in value over time. Millions of Americans have built businesses that meet the wants and needs of customers and have created wealth through that process. Others have invested in alternative scarce assets, whether they be precious metals, art or even trading cards.

So, if there was an institutional, governmental desire for more people to become wealthy and grow that wealth, making it easier to invest and gain ownership would be a priority.

Today’s reality is just the opposite. Ownership — and the opportunities for individual wealth creation and economic freedom that come with it — is under attack.

I am known as someone with a commonsense approach to just about everything, so when I first heard that the World Economic Forum (WEF), an international organization run by Klaus Schwab and connected to a cadre of elites that includes business, financial and political leaders, put out a set of predictions for this decade that included the disappearance of ownership, I figured it was a conspiracy theory.

The WEF has courted, developed and associated with business magnates and political heavyweights like Bill Gates, Salesforce CEO and co-founder Marc Benioff, Canadian prime minister Justin Trudeau and former chancellor of Germany Angela Merkel. The WEF hosts a fancy networking forum in Davos, Switzerland, yearly. They put out “thought leadership” around social, political, business and economic concepts. Surely there must have been some mistake that this organization littered with the global elite would be predicting the end of private property?

It didn’t take much research to find that it was right out in the open. The WEF’s 2030 predictions included the stark warning, under the guise of sunshine and rainbows, “You’ll own nothing. And you’ll be happy.” And that’s just the beginning.

Yes, property rights and the ownership they convey, the cornerstone of freedom and wealth-creation opportunities, have come under fire. And I am quite certain that owning nothing and being devoid of the opportunities that come with ownership makes you poor and unfree, not… happy.

What is being said by the elites aloud worldwide is playing out in real time in the US. But why?

Everyone, including your own government, wants what you have. More accurately, they are in desperate need of what you have — your wealth, both today and in the future.

These allied forces are on a quest to take your wealth and, by extension, your freedoms for their benefit, their prosperity and, ultimately, their survival. Without it, their very existence is threatened.

Action Line: Your savings are your independence in retirement. Save ’til it hurts. When you need help, let’s talk.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.