A top executive at BlackRock, the world’s largest investment company, has warned global elites at the World Economic Forum’s (WEF) summit that President Donald Trump poses a “fundamental” threat to Europe if he wins re-election this year.
BlackRock vice chairman Philipp Hildebrand issued the warning Tuesday during the WEF’s annual gathering in Davos, Switzerland.
The Daily Telegraph reports Hildebrand issued his words of caution to globalists from the sidelines of the WEF summit.
However, the Swiss banker wasn’t alone in his fearmongering about Trump’s likely return to the White House.
Hildebrand was adding his voice to the swelling chorus from Europe that fears a Trump return to the world stage.
The veteran Swiss banker said the re-election of the former U.S. president “would challenge Europe fundamentally” given Trump’s determination to embrace America First in matters from trade to diplomacy, NATO funding, and climate policy.
Hildebrand, a member of the firm’s Global Executive Committee, was responding to recent commentsby Christine Lagarde, the head of the European Central Bank (ECB).
Last week, Lagarde declared that Trump poses a “clear threat” to Europe because his divergent views set him apart from the European mainstream.
Lagarde warned history allegedly shows Trump’s “manner in which he carried out the first four years of his mandate… is clearly a threat.”
For his part, Hildebrand urged Europe to seize the opportunity to transform itself into a technological superpower that was less dependent on America.
He added Europe’s capabilities on defense were “just not there” and required a rethink.
“I see it as an opportunity for the construction of Europe,” Hildebrand said.
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