The fact that Paul Farrell is allowed to publish such fierce criticism of the World Economic Forum’s Davos gathering in a Rupert Murdoch-owned publication is more than a little disarming and in stark contrast to the non-Murdoch-owned Economist.
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Davos. Swiss Alps. Annual meeting of the notorious World Economic Forum. Invitation-only club for the Super Rich and friends since 1971. Feel-good mantra: “Committed to improving the state of the world.”
But they’re failing. In 40 years the Haves got richer. Have-nots got shafted. Something’s terribly wrong. When it comes to global economics, Davos is a disaster.
Why? Inside Davos is a secret society, a Conspiracy of the Super Rich, more than half the 2,500 attending the event. They’ve got trillions. And it’s not enough. Right now, many are cruising to Davos at 50,000 feet, enjoying caviar, foie gras, filet mignon and Dom Perignon in the comfort of their tax-exempt Gulfstream 5 jets.