tag:blogger.com,1999:blog-32931256.post5894233416028943923..comments2024-03-22T05:20:44.167-07:00Comments on The Disaffected Lib: A Sea Change for Davos?The Mound of Soundhttp://www.blogger.com/profile/09023839743772372922noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-32931256.post-64663067937821984432015-01-22T15:50:26.394-08:002015-01-22T15:50:26.394-08:00Awareness of the threat to their holdings doesn...Awareness of the threat to their holdings doesn't ensure their response will be in favour of those they feel threatened by. Quite the opposite.<br /><br />Agendas are great, we have new agendas every year and new studies upon study upon study upon study telling us exactly where the problems exist within society, and culture. Kyoto was an agenda. It's easy to fly your personal jet to a fancy resort, eat caviar and talk a good game about how everyone but you is suffering from the problems, but when their holdings are directly tied to an infinite growth economy and exponential consumption any change to properly correct that situation is also a threat to their holdings.<br /><br />All ideas to "address" the problem can be summed up as: print currency, and throw it at the problem. but this problem is going to take real investment of real wealth which won't see real returns for perhaps decades as all the asset bubbles need to correct and deflate and price discovery needs to happen again. Value needs to be reevaluated to account for supply over time rather than supply just in time. <br /><br />Simply due to the nature of the problem those invested heavily in the status quo as those in Davos are can not ever be expected to be honest enough with the world, and themselves, to offer any kind of legitimate solution which doesn't put protecting their wealth first and foremost nor can they ever be expected to sacrifice their royal lifestyles for the benefit of others.<br /><br />The hope you should have isn't that the authors of the illusion finally one day lift the veil but rather the people figure out for themselves the emperors have no cloths. that their "wealth" is just a bunch of electronic signals that mean nothing. Only when the people stop looking to the "rich" for solutions and look within themselves will they appear. There isn't going to be a knight in shining armor riding down from the mountain of riches that is Davos and any hope for that will just lead to disappointment.Richardhttps://www.blogger.com/profile/15473265775588031435noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-31635284292160218152015-01-21T16:10:03.084-08:002015-01-21T16:10:03.084-08:00I read the UN summary of the Davos agenda and it s...I read the UN summary of the Davos agenda and it sounds progressive - inequality, climate change, yada, yada. From what I've read over the past year and a bit I get the sense that the Davos crowd is coming to realize that climate change and inequality now threaten the rich and their holdings also.<br /><br />Besides, Richard, what have I got left but hope?The Mound of Soundhttps://www.blogger.com/profile/09023839743772372922noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-36858676433656479142015-01-21T14:56:17.712-08:002015-01-21T14:56:17.712-08:00The world's billionaires at Davos "workin...The world's billionaires at Davos "working to solve climate change": https://twitter.com/zerohedge/status/557732827534745601/photo/1<br /><br />Don't get your hopes up.Richardhttps://www.blogger.com/profile/15473265775588031435noreply@blogger.comtag:blogger.com,1999:blog-32931256.post-74583365358320329602015-01-20T11:39:49.054-08:002015-01-20T11:39:49.054-08:00What does risk inspire at a Davos forum? Will the...What does risk inspire at a Davos forum? Will the participants aspire to solve problems for all of humanity or will they make plans to protect the 1% from the 99%? Tobynoreply@blogger.com