The war in Ukraine alongside the crisis in the markets is obscuring discussions at the Davos conference, which takes place this week. Jewish billionaire George Soros issued a stern warning to those present, saying the current confrontation could be “the beginning of a third world war” and that “humanity may not survive it”
Against the background of the war in Ukraine, the Jewish capital tycoon of Hungarian descent, George Soros, warns of a third world war. Soros has been promoting the vision of open society in recent decades, and supports particularly liberal values in the countries of the former communist bloc. This made him the ‘enemy of the people’ in the eyes of the right-wing government in Hungary and other countries.
The 91-year-old American billionaire said that even after the war is over, “things will not be the same again.” He said Russia and China pose the biggest threat to open society today. “In such a society,” he noted, “the rule of law of the country is meant to protect the freedom of the individual, in regimes like Russia and China the individual is meant to serve the government and the leaders,” he noted.
He said that Russian President Vladimir Putin and Chinese President Xi Jianping had “ruled through fear, and as a result made huge mistakes” One of the Chinese mistakes, he noted, is to adopt a “zero corona” policy that paralyzes the world’s largest exporter.
The issue of war and relations with Russia are at the center of the conference this year. Two panels entitled “Cold War 0.2” and “Russia – What Next?” Were most popular so far, according to the FT economic newspaper, the newspaper also noted that the opening speech on Monday of Ukrainian President Vladimir Zalansky, in which he urged countries around the world to help Ukraine economically and tighten sanctions on Russia “was more popular than any speech by senior economic conference this year “. Zlansky also appeared via video at a panel held at the conference and urged Europe to send advanced weapons to Ukraine.
He said he was “grateful” to the United States for arms shipments, but that “we are on the continent of Europe, and need the support of a united Europe.”
A key question at this year’s conference is about the economic implications of energy prices for European economies. EU competition commissioner Margareta Wester said this week that the EU will have to “re-learn” to propel its economy, not with the help of cheap Russian energy. She said Europeans would have to pay more and said the continent was “greedy” regarding the exploitation of cheap resources from Russia.