Thread by @les_politiques

At the #WEF in #Davos, 'solidarity with #Ukraine was total...but solidarity comes with a cost' theguardian.com/business/2022/…

"the war would be bad for the global economy, with the only dispute about exactly how bad. Estimates ranged all the way from a mild dose of stagflation through to Soros’s prediction of a depression." #Ukraine

"a global pandemic had been unthinkable in early 2020... and a war between Russia and #Ukraine had been unthinkable at the start of 2022."
Unthinkable for those who do not think...

"There was no sense in #Davos of the west easing its sanctions on #Russia but fears over the health of the global economy reflected the fact that Putin has economic weapons at his disposal – energy and food – and has already shown a willingness to use both of them."

They are just realizing now at the #WEF that #Putin has economic weapons at his disposal...just now, after enacting multiple packages of sanctions from which there will be no walking back... #Ukraine

"The Kremlin has cut off gas supplies to Poland, Bulgaria and Finland, and the EU expects to be hit by a blanket embargo this winter, assuming there is no early end to the war...“We can handle it,” one European policymaker said, “but it is not going to be easy.”#UKraine

"Kristalina Georgieva, the managing director of the International Monetary Fund,, said: “The price of food is going up, up, up, up. We can shrink our use of petrol when growth slows down but we have to eat every day.” #Ukraine

"It wasn’t supposed to be like this. After 2 yrs...of a global pandemic, this was billed as the #Davos where...movers and shakers breathed a sigh of relief...The idea was to harness new tech to forge a green future in which growth would be consistent with tackling climate change"

The people at #Davos are totally delusional.
"In the longer term, the hope in Davos was that the war, and the vulnerability to Russia it has exposed, would hasten the transition from fossil fuels to renewable sources of energy."