Gross: Davos fiddles while global markets burn. Monetary policy increasingly ineffective. Fiscal stimulation non-existent.
— Janus Capital (@JanusCapital) January 20, 2016
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Yra Harris just posted a blistering critique of the crony capitalist crooks congregating in Davos. The first few paragraphs of his post, For the Sake of Capitalism, Pepper Spray Davos, are a must read.
Enjoy.
With a new wave of terrorism, mass shootings and unprecedented social violence around the globe now a part of the daily routine for billions of people across both developed and developing nations, one group wants to be certain there is no chance of "close encounters", violent or otherwise, with the peasantry during its upcoming annual boondoggle at the World Economic Forum in Davos.