Friday, May 27, 2022

What I Learned from Davos

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I watched some of the Davos 2022 World Economic Forum sessions and this is what I learned.  
 
First Globalization is a total success and if millions, even 10s of millions of Americans are impoverished or destroyed, the rest of the world couldnt care less.
 
Second, the Russian war with Ukraine is a European matter and outside of Europe, no one really cares, they just dont want it to affect the price they have to pay for things.  Of course they will do business with Russia, who cares about genocide?  Not them.
 
Third, China is the country that matters now, the US is decidedly second rate and obviously has a failed government.  The US is still considered to have a strong economy and military, second to China of course.
 
Fourth, no European thinks that they could possibly deal with Putin in the future. The rest of the world doesnt care.
 
Fifth, no one thinks that Finland and Sweden joining NATO will really be a big problem for Russia.


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