by Martin Armstrong, Armstrong Economics:

Let me explain something. Klaus Schwab is NOT retiring, nor is he leaving the WEF. Because of all the toxic hatred hurled at Schwab personally, he has only stepped down from the executive position. That is no different from the Chairman of a Board, who is also the CEO, steps down from only the CEO but retains the Chairmanship to which the new CEO is subordinate. You are NOT getting rid of Schwab so easily.

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