Russia sending troops into Ukraine “may have been the beginning of the Third World War and our civilization may not survive it,” Soros told the WEF, and even when the fighting there stops, “the situation will never revert to what it was before.”
In his telling, the “invasion” came amid a struggle between “two systems of governance that are diametrically opposed to each other: open society and closed society,” the former embodied by the West and the latter by Russia and China.
The Hungarian financier failed to mention the collapse in living standards that followed for ordinary citizens.
He argued that the tide began to turn after the 9/11 attacks of 2001, “repressive regimes are now in the ascendant and open societies are under siege,” with China and Russia representing “the greatest threat.”
Soros was optimistic about how that fight was going, however. According to him, Russian troops expected to be greeted in Ukraine as liberators and emerge victorious within days or weeks, but Ukraine was able to “defeat” them with the help of the US and NATO. Meanwhile, he claimed that Chinese leader Xi Jinping has damaged his legitimacy with Covid-19 lockdowns in Shanghai and elsewhere.
What really worried Soros, however, was that the conflict in Ukraine interfered with the environmental agenda, meaning that climate change might become irreversible.
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