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Tag Archives: world economic forum
What is this ‘Crisis’ of Modernity?
What is this ‘Crisis’ of Modernity? Workmen next to the screws of the RMS Titanic at Belfast shipyard, 1911The people at Conflicts Forum, which is directed by former British diplomat and MI6 ‘ranking figure’ Alastair Crooke, sent me an unpublished article by Alastair and asked if the Automatic Earth would publish it. Since I like his […]
Revealed: The Hidden Agenda of Davos 2016
Revealed: The Hidden Agenda of Davos 2016 “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. That’s where the global power elite gather to discuss the big issues […]
IEA in Davos 2016 warns of higher oil prices in a few years’ time
IEA in Davos 2016 warns of higher oil prices in a few years’ time World Economic Forum The Transformation of Energy Fig 1: WEF energy panellists 22/1/2016 From right to left: moderator Daniel Yergin (IHS), Fatih Birol (IEA), Hiroaki Nakanishi (Hitachi), Ignacio Sánchez (Iberdrola), Eric Xin Luo (Shunfeng International Clean Energy) This recent forum was […]
Only Recession Can Prevent An Oil Price Spike
Only Recession Can Prevent An Oil Price Spike The biggest result from the collapse in oil prices could be a future price spike. Oil prices at $30 per barrel have put most producers under water. That has led to austere budgets and severe cuts to spending. Wood Mackenzie recently estimated that $380 billion in major […]
Davos, Dalio, and a Depression?!
Davos, Dalio, and a Depression?! So, how does a deflationary depression resolve itself? When Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, referred to a possible economic depression as he was being interviewed at the World Economic Forum at Davos, it does not mean what most people think it means. Most of […]
Chasing the Wild Goose in Davos
Chasing the Wild Goose in Davos Despite the reformers endless efforts to encircle mankind, some persist beyond the broad extent of their casted net. In the backwaters of the new Republic, for instance, the distant rumble and flicker of Saturday night hootenannies still befall yonder the mighty oak groves. In defiance of all things good […]
Top Economist – Who Predicted the 2008 Crash – Confirms What Alternative Financial Sites Have Been Saying for a Decade
Top Economist – Who Predicted the 2008 Crash – Confirms What Alternative Financial Sites Have Been Saying for a Decade And Wise People Have Been Saying for Thousands of Years William White is one of the world’s top economists. He was the head economist for the Bank for International Settlements (BIS) – the world’s most […]
“For the Sake of Capitalism, Pepper Spray Davos”
“For the Sake of Capitalism, Pepper Spray Davos” 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. Please, PEPPER SPRAY ALL THE ATTENDEES OF DAVOS in order to halt the rape of taxpayers and consumers […]
Twenty-First-Century Fascism
Twenty-First-Century Fascism Globalization of trade and central banking has propelled private corporations to positions of power and control never before seen in human history. Under advanced capitalism, the structural demands for a return on investment require an unending expansion of centralized capital in the hands of fewer and fewer people. The financial center of global […]
Geopolitical Risks Are Climbing: Interstate Conflict Is Highest Risk In 2015
Geopolitical Risks Are Climbing: Interstate Conflict Is Highest Risk In 2015 Every year, the World Economic Forum publishes an annual report on global risks that covers the factors and underlying drivers that could most likely disrupt global economic activity. Most of the time over the last decade, the survey of 900 global experts finds the […]
Carney Says QE Can Encourage Excessive Risk-Taking in Markets
Carney Says QE Can Encourage Excessive Risk-Taking in Markets Bank of England Governor Mark Carney warned easy monetary policy could prompt excessive risk-taking in financial markets. Two days after the European Central Bank announced a 1.1 trillion-euro ($1.23 trillion) quantitative-easing program, Carney said six years of sustained monetary stimulus was justified on an economic basis, […]
Davos: Western world ‘vulnerable’ to epidemics, warns Ebola expert
Davos: Western world ‘vulnerable’ to epidemics, warns Ebola expert The Western world is “vulnerable” to epidemics such as Ebola, and must invest more in researching vaccines, a leading scientist has warned. Prof Peter Piot told the BBC that developed nations would be in “deep trouble” if they failed to adequately prepare for another outbreak. Speaking […]
Capitalism in Crisis Amid Slow Growth and Growing Inequality – SPIEGEL ONLINE
Capitalism in Crisis Amid Slow Growth and Growing Inequality – SPIEGEL ONLINE. A new buzzword is circulating in the world’s convention centers and auditoriums. It can be heard at the World Economic Forum in Davos, Switzerland, and at the annual meeting of the International Monetary Fund. Bankers sprinkle it into the presentations; politicians use it […]
