Davos

Last week we were surprised to learn that demand for hotel rooms at the annual World Economic Forum meeting in Davos, where the world's billionaires, CEOs, politicians, celebrities and oligarchs mingle every year (while regaled by their public relations teams known as the "media", for whom getting an invite to the DJ event du jour is more important than rocking the boat by asking unpleasant questions) was so great, not only are hotel rooms running out, but local employees may be put up in shipping containers in car parks to free up much needed accommodations.

With January just around the corner, the world's billionaires, CEOs, politicians and oligarchs prepare to take their private planes to Davos, Switzerland for their annual convocation at the World Economic Forum, where they discuss such diverse topics as global warming due to greenhouse gases (which exempts Gulfstream jets) and the dangers of record wealth inequality (which exempts them), while snacking on $39 hot dogs and $50 Caesar salads.

Authored by Andy Xie, the former Morgan Stanley chief Asia-Pacific economist, originally posted Op-Ed at The South China Morning Post,

Andy Xie says the world's elite that are attending the G7, G20, Davos and other wasteful meetings are wrong to try to pin the blame for the turmoil on people’s psychology; all signs point to a prolonged period of global stagnation and instability.

Submitted by Nick Giambruno via InternationalMan.com,

“It’s a big club and you ain’t in it!”

I’m often reminded of these words, spoken by the great comedian George Carlin, when I read about the annual World Economic Forum meeting in Davos, Switzerland.

Authored by Mark St.Cyr,

There are times you try to connect the dots. There are others where those connections warrant adorning your trusted tin-foiled cap of choice; for you just can’t get there unless you do. This I believe is one of those times. And if correct? What at first might appear apocryphal, may in fact, be down right apocalyptic. And besides, what good is a tin-foil capped conspiracy theory anyhow if it doesn’t have the potential for doom, correct?