The 2016 World Economic Forum, held annually in Davos Switzerland, ended last week. It displayed a bizarre blend of panic and political correctness.
Each year, the WEF brings together more than 2,500 of the world’s elite, including many heads of state. They discuss pressing issues facing the world. These are the movers and shakers of business, government, and academia whose actions often have great impact on world events.
This year’s discussions were chock full of political correctness, but there was also evidence of a bit of panic. Many of the world’s elite were puzzled by the fact that the world appears headed into a recession.
They were convinced that the new technologies, something they repeatedly referred to as “the fourth industrial revolution,” should have rescued the world’s masses from poverty and need by now. Instead, the world stands on the brink of another recession.
The fact is that the computer and robotics age has made life easier for those at or near the top, but, in many ways, harder for those at or near the bottom. It is allowing industry to produce more, but with fewer people. More products, fewer paychecks.
Technology has given us a dramatic increase in convenience, but not much progress toward ending poverty and hunger.
But Oxfam International, one of the organizations covering the WEF, observed that in the world today, “62 people own the same as half the world.” In other words, 62 individuals own as much as 3.5 billion people in the world.
And the bewilderment on display at Davos this year shows that the ancient prophets were right. The Apostle John said in Revelation 6 that as we reach the end of this Age, the cunning rich will grow richer and the hapless poor will get poorer.
from The Hal Lindsey Report – January 29, 2016
