Sanity in Short Supply as Davos Liberals Plot Dangerous Pathway in Global Crisis

Jan. 25—The Davos Conference of the high and mighty of the western establishment concluded this week with a refusal to face the collapse of their world order, and with a sense that they were prepared to march like lemmings over the cliff of economic doom, following a new marketing of the same old policies of war, depopulation, and an attempted controlled disintegration of the globalist order.

The meeting was marked by a passion play featuring the outsider, American President Donald Trump, in his role as disrupter and imp of the perverse, and the proposed new standard bearer of the anti‑Trump establishment, the former governor of the Bank of England, now cast as Canadian Prime Minister, Mark Carney, who “dared” to speak the truth to the powerful bully Trump and pledged to lead a new order based on respect for the non‑superpower nations, who have become victims of Trump’s megalomania.

Carney Cast as Hero in a Scripted Anti‑Trump Drama

The organizers of the conference, who have claimed to promote an enlightened form of capitalism known as “stakeholder capitalism,” in which decisions are supposedly made to benefit all rather than an elite, needed an unbridled Trump proclaiming the birth of an American‑led new order — where America imposes its will on lesser nations, for whatever Trump declares as good — to make Carney look like Wilhelm Tell, speaking against the Trumpian would be authoritarian dictator, Pizzaro played by Trump

Trump, the consummate entertainer who delivers his speeches with the flair of a Borsch Belt comedian, lived up to expectations and beyond, declaring his intention to take over Greenland, no matter who or what opposes him; this great block of ice and cold, he said, will serve U.S. national security interests, and he will get it without the use of military force. Trump proclaimed that he would use his weapon of choice, tariffs, on Canada and Europeans who got in his way, and was certain they would relent. Later, he would claim that after meeting with NATO Secretary General Mark Rutte, a workable framework had been agreed upon that would give America what it wanted in Greenland and neither military nor tariff action would be necessary.

Trump, reflecting the thinking of one of his closest advisors, Stephen Miller, had declared America to be the “most essential nation on the planet,” giving Trump the right to do and act as he sees fit in the interest of the United States. He effectively declared the old, Euro‑centric order DOA, and said that the world now needed America to mark the way forward.

As if it were scripted, Trump gave life to the words spoken earlier at Davos by the central banker Carney: that with the end of the failed European “rules‑based order,” something new must replace it, but the world must be wary of a superpower asserting the right to dictate where the world should go now. Instead, the foundation for a new order must be based on the rise of the “middle powers,” who must assert their roles as a collective leadership. This must be the new way that prevents any one nation or one man from seizing “our” destiny. The issue was not Trump, or other leaders like Presidents Xi Jinping of China or Vladimir Putin of Russia, because other men will replace them, said the banker turned prophet: It is whether the “middle powers” will fight to assert their own destiny, against whoever seeks to impose their will. 

The humble Carney offered his services to help lead that fight.

And when the audience rose to give Carney a long standing ovation, it was clear that they were not just cheering his speech, but — as the organizers of this little play desired — they were sending a message to Trump, who had yet to speak, and to his assertion of American power.

A Public Duel Between Trump and Carney

Trump played his role in the passion play by acknowledging his adversary, ad‑libbing into his speech a response to Carney: “Canada gets a lot of freebies from us. By the way, they should be grateful also, but they’re not. I watched your prime minister yesterday. He wasn’t so grateful. They should be grateful to us, Canada. Canada lives because of the United States. Remember that, Mark, the next time you make your statements.”

Back in the United States, Trump wrote on Truth Social: “Dear Prime Minister Carney: Please let this Letter serve to represent that the Board of Peace is withdrawing its invitation to you regarding Canada’s joining, what will be, the most prestigious Board of Leaders ever assembled, at any time.” And Trump, claiming that he wanted to protect Canada from a takeover by China, responded to proposed trade deals that Carney had now made with Xi by declaring his intentions to put 100% tariffs on Canada.

Carney responded Jan. 22: “Canada doesn’t live because of the United States. Canada thrives because we are Canadian…. We are masters in our home, this is our own country, it’s our future, the choice is up to us.” In a speech the same day before a cabinet retreat in Quebec City, Carney said: “We can show that another way is possible, that the arc of history isn’t destined to be warped toward authoritarianism and exclusion; it can still bend toward progress and justice” — a rather offensive attempt to hijack Dr. Martin Luther King’s concept of the arc of history bending toward justice, for his own efforts to salvage the bankrupt liberal financial system and its collapsing institutions which Carney represents.

Media Amplifies “Carney Doctrine” as Counterweight to Trump

The New York Times ran a Jan. 22 op‑ed by leading columnist David French attempting to codify and promote Carney’s call for an alliance of London‑led “middle powers” into what they called “The Carney Doctrine.”

“On Tuesday, Mark Carney called Donald Trump’s bluff…. If the middle powers answer Carney’s call, they could form an economic and defense alliance that rivals American power. Combine the economies of the European Union and countries like the United Kingdom and Canada and the militaries of the key European nations, and you have a nuclear‑armed defense and industrial alliance that cannot simply be cowed into submission.”

And so, the organizers of Davos reveled in their creation of the anti‑Trump from the unlikeliest of molds — a prominent central banker — while shifting discussion of the battle of the “big guy” versus the “little guy,” and ignoring the main problem threatening the global economy: the more than $2.4 quadrillion debt overhang in financial obligations that can never be repaid. Trump offered no vision for the future and has said not a word about how he intends to deal with the impending explosion of the debt bubble, instead claiming that America is in the midst of a Trumpian boom. And the Davos crowd, and their appendages in the City of London, Geneva, Paris, and Wall Street, seem prepared to try to create new wars and austerity policies to muddle through. That’s why they have anointed Carney as the man for the job.

Carney’s Record: Architect of the Post‑2008 Bailout Machine

Carney had been one of the architects of the systemic bail‑out operation carried out after the 2008 financial crash, first in his capacity as head of the Bank of Canada, then as governor of the Bank of England, and then for seven years as head of the Financial Stability Board (FSB), which coordinated the activities of the bankrupt Western central banks. It was that policy that allowed the speculative bubble to grow from $1.5 quadrillion in 2007 to $2.4 quadrillion today — a 53% increase — based on endless wars, deadly looting and genocide, and the growing suppression of free speech and the right to dissent.

But can today’s $2.4 quadrillion cancerous bubble be bailed out in the same fashion, without unleashing thermonuclear war on the planet?

That seems to be the gamble that the Davos gang is prepared to take.