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Davos

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  • William
    The ultra rich are having their convention in Davos. A cautious optimism seems to be the mood. The rich and powerful are looking for a better recovery from
    Message 1 of 1 , Jan 26, 2013
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      The ultra rich are having their convention in Davos. A cautious optimism seems to be the mood. The rich and powerful are looking for a better recovery from the west. Canada seems gaining prosperity and USA is beginning to show progress from energy related business. The doom and gloom republicans are reapprasing their demands for huge social spending cuts and investment in infrastructure with jobs and growth are being considered. Chinese growth is expecter to be eight percent with Europe flat or in recession. So USA and Canada are the hope for reasonable growth and hopefully sound fiscal policy. Now the petulant right wing is pulling back from their obstructionist mantra as they admit different accounting methods and production increases may make defecit reduction less painful. They see growth and profits in the future if they just stop messing up the works and the big money advising them to play ball and profit. The rights hatred of Obama is being replaced with normal old republican greed and even a hated enemy like George Soros becomes palatable when he can help them make money. It is as good a forecast as has been issued since 07 . Bill
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