Interesting only one reply.
An expensive,planet polluting* meeting of the very people that caused the financial crash, currently stoking the next one, and rewarded those that caused it. We , the people, suffered years of austerity but no one spots the irony or has a comment.
Lets have more globalisation 
*The plants will thank them for the extra CO2 food.
Nothing wrong with more globalization where it has lifted billions of 3rd world citizens out of poverty & starvation & there is still much growth there still to be had in Asia, Africa & South America, where many things are a fraction of the price compared to 40 years ago, thus increasing the majority of the West's standards of living.
Nothing wrong with globalization if you have an in demand high skills job especially in the creative industries where you will be earning multiples of average wages.
Nothing wrong with globalization with the increased opportunities for global go getters.
Everything wrong with globalization for the unskilled & semiskilled where wages have dropped & opportunities for anything above the minimum wage & conditions have diminished or disappeared since the introduction of the PC in the 1980s and with AI & more globalization this can only get worse. This is where the populist parties, like Trump, make their pitch with simplistic unworkable solutions to complex problems where all the other political parties have abandoned the working class. It shows the importance of planning a career & getting the right skills & qualifications to get ahead.
It is not great for many young where vested interests have restricted the supply of property in most western countries and allowed mass migration to keep the unskilled & semiskilled wages & conditions low. This is especially obvious where youth unemployment is the highest category from 10% in the UK to 40% in Greece and the rest of Europe in between.
If you don't have the rich & the elites then everybody is equally poor apart from the cheating, very corrupt, beyond the law few ruling elites (In Russia 113 people own 85% of the wealth). The rest of them have a fraction of the wealth & average wages compared to Western countries. One thing I have learn't from how poor Ukraine is, is that prices are set globally for most commodities, goods & services, with the exception of property & vested professional services on the basis, why sell it in A if you can get a better price in B.
Author
Topic: George Osborne Davos (Read 1825 times)