WEF was part of it but it did not have a lot of influence until the 90’s following Rio, EU formation and China/Russia going capitalists
In the early 1970’s the biggest players responsible for the disintegration of the Middle Class and Deindustrialization of the US was the Business Roundtable and Trilateral Commission , both of which were…
WEF was part of it but it did not have a lot of influence until the 90’s following Rio, EU formation and China/Russia going capitalists
In the early 1970’s the biggest players responsible for the disintegration of the Middle Class and Deindustrialization of the US was the Business Roundtable and Trilateral Commission , both of which were formed in 1973. Rockefellers Trilateral Commission- Project Democracy reached a consensus we had too much Democracy and they needed to weaken the influence of the voters. At the same time, working with the Club of Rome they decided that Living Standards needed to be reduced in US and a New Economic Order brought on where the US would transfer manufacturing to low wage countries.
Before becoming Fed Chairman TLC member Paul Volcker called for the disintegration of the Global Economy. His high interest rates to combat inflation caused by high oil prices and collusion of Business Round Table Corporations did the trick, along with other policies to mask inflation using BLS to manipulate CPI lower while prices climbed due to the intentional weakening of the USD in the mid 1980’s and transfer of manufacturing jobs to the Asian Tigers and then China
Weakening of the Unions, Bush-Clinton’s NAFTA, illegal immigration , giving MFN to China, eliminating usury laws, reduced COLA’s (esp minimum wage) , excessive cost of Health Care, Tuition, Housing which were not adequately reflected in CPI -all suppressed wage growth and disposable income resulting in lower standard of living compared to the early 70’s
WEF was part of it but it did not have a lot of influence until the 90’s following Rio, EU formation and China/Russia going capitalists
In the early 1970’s the biggest players responsible for the disintegration of the Middle Class and Deindustrialization of the US was the Business Roundtable and Trilateral Commission , both of which were formed in 1973. Rockefellers Trilateral Commission- Project Democracy reached a consensus we had too much Democracy and they needed to weaken the influence of the voters. At the same time, working with the Club of Rome they decided that Living Standards needed to be reduced in US and a New Economic Order brought on where the US would transfer manufacturing to low wage countries.
Before becoming Fed Chairman TLC member Paul Volcker called for the disintegration of the Global Economy. His high interest rates to combat inflation caused by high oil prices and collusion of Business Round Table Corporations did the trick, along with other policies to mask inflation using BLS to manipulate CPI lower while prices climbed due to the intentional weakening of the USD in the mid 1980’s and transfer of manufacturing jobs to the Asian Tigers and then China
Weakening of the Unions, Bush-Clinton’s NAFTA, illegal immigration , giving MFN to China, eliminating usury laws, reduced COLA’s (esp minimum wage) , excessive cost of Health Care, Tuition, Housing which were not adequately reflected in CPI -all suppressed wage growth and disposable income resulting in lower standard of living compared to the early 70’s