Davos

Once every year, I write up on the Davos meeting, which is annually held in Davos, Switzerland.  It's where close to 2k political figures, economic experts, wannabe journalists, and mega-billioniare folks meet.  For five days, they typically have meets to discuss various economic things going on and how they can change, reverse, or modify events.  They also huddle in small groups, sipping expensive wine, and chat on how they can make another billion or how to convince folks in global warming concepts.

The meeting is coming up this week at the resort town, high in the Swiss Alps.  This week's major topic?  Someone has decided that capitalism is obsolete ("outdated and crumbling"), so they need a way to replace capitalism.   Some folks are thinking capitalism can no longer exist.

So these 2k folks will be walking around this week and talking up their alternate plans to capitalism.  My humble guess is that an exceptionally large amount of booze will be sipped this week, to help create a mental state where they can imagine a world without capitalism....that works in a really great manner to create jobs, wealth for the working class, and allow for people to dream of a better life.  The more booze you consume.....the more ideas you likely come up with, but later forget when you wake up the next day.

I never take Davos serious.  Guys like Al Gore typically show up and chat up global warming.  Billionaires walk around and try to get tips on the next trend....to make another billion in profit.  French hookers show up to amuse the poor economic wizards that show up.  And everyone guzzles up lots of booze, which makes tons of money for the Swiss government because of their tax structure.

An alternate to capitalism?  Go for it.  The odds are that you can't find such a system unless you have some government tightly controlling the entire agenda, and then you have a bigger problem than economic woes.

The highlight of this game in Davos?  I usually sit around and watch CNN because they always put two or three journalists there, and they get to meet a bunch of guys who chat on fake topics and you get a laugh over how real journalists try to portray a fake subject.  Everyone dresses in black, and look like they stepped out of a Paris men's shop.  No one wears $49 shoes, or walks around in a $15 sweatshirt after the meetings.  All in all....it's mostly all fake, with wannabe folks talking and journalists trying to report this as serious, when you want to laugh.