Schwab says politicians are useless, yet he’s not above supporting the ones he likes. For instance, he promises “a much reduced geopolitical role” for the US and a loss of its status as global currency for the US dollar if Trump is re-elected. Why? Schwab isn’t shy about sharing his opinion: Trump is too nationalistic and his policies aim to advance the interests of the US instead of promoting global interests at the expense of the US.
Immediately after, Schwab praises China to the skies and seems to forget that China is extremely nationalistic in a way that the US is no longer capable of being.
But hey, forget the collapse of the dollar and the end of the global dominance of the US. There’s something much more important that will happen because of SARS-COV-2, Schwab says.
Neoliberalism will die.