NEWS ALERT: Brave New World Upon Us

"... a new international order has arrived that has yet to be understood fully or accepted " - Klaus Schwab

Excerpt from Brave New World: 10.08.08, 5:15 PM ET, FORBES.com

It is much more than a sign of the times when the president of the World Bank and former deputy secretary of state, Robert Zoellick, is publicly advocating disbanding the Group of Seven in favor of a "multilateral network" twice its size to address major economic challenges.

It is true that the flurry of national responses to the banking crisis by the major industrialized economies has been uncoordinated, and ineffective, with respect to the current global credit crisis. But the starker reality is that a new international order has arrived that has yet to be understood fully or accepted widely. The deleveraging and shifting of capital flows occurring globally at this moment are not reversible trends. The economic changes happening now are structural, not cyclical, and therefore truly transformative.

Editor's note: Klaus Schwab is founder and executive chairman of the World Economic Forum.

America's pastor, Rick Warren participated in the globalists' WEF at Davos. No doubt Warren will have a seat saved for him at the Table of the Brave New World Order.

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