Doubling Down on Stagnation at Davos

Many market participants appeared astonished to learn that Von Der Leyen and Scholz in Davos were steadfastly pursuing the policies that have severely damaged the EU. However, this is typical bureaucratic behavior. In a predictable move, EU bureaucrats have chosen to exploit the new Trump administration as an external enemy, rather than seizing the opportunity to unleash the immense potential of their economies. … Read more

Palate Cleanser

Palate Cleanser: What a Difference That 36 Years Can Make

Whoever thought we’d end up this way? And I’ll add that the World Economic Forum /Davos people that believe they have the right to tell the rest of us how to live is that they are going to make bugs for us to eat dirt cheap. The only constant in any of this is while … Read more

Again,Elites are trying to get rid of Capitalism – but we can see it is not an economics system problem but a problem of morality

Every year, the Elites of the political, economic, and cultural worlds gather in Davos, Switzerland to talk about global ‘stuff’ – what’s trending, what’s wrong, and their global ways of fixing them what they believe is wrong – for the betterment of us all.  Hate to keep sounding like a broken record but even with the caveat that I will never be as successful as they have been, sometimes things to have to be pointed out.  Here’s what Davos founder Klaus Schwab said:

“We have a general morality gap, we are over-leveraged, we have neglected to invest in the future, we have undermined social coherence, and we are in danger of completely losing the confidence of future generations,” said Klaus Schwab, host and founder of the annual World Economic Forum.

“Solving problems in the context of outdated and crumbling models will only dig us deeper into the hole.

“We are in an era of profound change that urgently requires new ways of thinking instead of more business-as-usual,” the 73-year-old said, adding that “capitalism in its current form, has no place in the world around us.”

I am oft criticized by those that don’t like that I keep things black and white; I rather think that I’m bringing things down to basic principles.  In this case, it’s necessary.

Let’s pull it apart (and who’s this “we” bit, kimosabe?):

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