Submitted by Joseph Jankowski of PlanetFreeWill.com
As political and business elite gather at the Swiss ski resort of Davos, a new report is shining light on the shocking reality of the wealth gap between the very rich and poor that is “pull our societies apart.”
For those unfamiliar with what goes on at the annual January boondoggle at the World Economic Forum in Davos, here is the simple breakdown.
Officially, heads of state, captains of industry, prominent academics, philanthropists and a retinue of journalists, celebrities and hangers-on will descend Tuesday on the picturesque alpine village of Davos, Switzerland, for the World Economic Forum;
One of the reasons behind the first ever visit by a Chinese president to next week's Davos boondoggle is that, as reported last week, president Xi was open to a meeting with US president-elect Donald Trump’s team, if clearly not the president-elect himself, who will be far busier on January 20 - the day the World Economic Forum in Davos ends - getting inaugurated.
Ahead of next week's Davos meetings organized by the World Economic Forum, in which the world's top politicians, financers, and celebrities will mingle, today the WEF released its annual report on what it believes are the top global risks for 2017.
For those who would prefered to just focus on the charts, please skip this part. For the rest, and especially those pressed for time, and unable to read the 78 page report, here is the exeutive summary:
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.