Davos attendees carry satchels to Summit meetings
I can't express my feeling about the Davos Economic Summit, currently performing it's annual circus, better than Joseph Stiglitz: “They are now licking their lips,” said Joseph Stiglitz, the Nobel laureate economist. “Davos Man has been able to overlook Trump’s ‘America First’ rhetoric, his anti-climate-change action, his protectionism, nativism, racism, bigotry, narcissism, misogyny, for the lucre that seems to be the true motivating force behind Davos Man.” Indeed... I'm trying to imagine a policy level definition of some of the economic chaos generated in the last weeks. There isn't one, not that the Dow Jones isn't loving every minute of it. But what sort of policy combines: bonuses paid by Walmart based on some tax change-- tarifs slapped on random goods (this week's list includes foreign-made washing machines and solar panels. I assume Trump played golf with some one in the roofing and some one in the appliance industry last week.)-- random s...