DaVoS 2012: WoRLD PoNZiNoMiC SuMMiT

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View the Full Length Banzai7 World Ponzinomic Summit Slide Presentation:

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Comments

[SillySalesmanQu...]

Christine Lagarde has already fulfilled that position...sorry Timmah.

[azzhatter]

at first I thought the krugman lobe said masturbation, then I put on my glasses

[TheAkashicRecord]

A feel-good story (sometimes ya need one)

In the era of big boxes, a day for the little guy http://tiny.cc/9pgw1

[Shizzmoney]

Great article by Umair Haque on the absurdity of Davos (BTW, it costs $71K to go to this groupthink hack fest).

If power corrupts, concentrations of power corrode. Let's just be frank and admit it: the global economy's got a corruption problem. That revolving door between government and the boardroom, that leads ineluctably to regulatory capture? Its doorman looks a lot like Davos. It's at venues like Davos that a mindset (not to mention a contact list) just a little bit too convenient to both parties is born, nurtured, and sustained, rather than questioned, debated, and deconstructed

http://blogs.hbr.org/haque/2011/01/ten_things_youre_not_allowed_t.html

[Mercury]

Some OK points there ShizzM but his gripes are suspiciously free of pro-individual liberty and anti-central planning arguments.

Also, there isn't much particularly "new" here in terms of the dynamics of our current economic crisis. Calling for "revolutions" etc. as opposed to a return to tried and true principals (sound money, individual protections against official power, free enterprise, property rights, republican governance etc.)

He sounds like someone who would rather not waste a crisis when some serious social engineering work could be accomplished.

[Withdrawn Sanction]

An ad running on Bloomberg these past few days about Davos carries the tagline "Our World.  Your money."   Sometimes they're subtle, and sometimes they just punch you in the face w/their brass

[Mercury]

More like: Our World. Your debt.

[williambanzai7]

Our world, our money, your debt...

[Jena]

Our world.  We let you owe us.  For awhile.

[williambanzai7]

Does it really? That's incredible.

[williambanzai7]

Yes, it is a farce that highlights threats to global stability, a euphemism for status quo. It is designed to inculcate creative out of the box thinking by converting and welcoming newcomers to the self important pseudo glamour of the corrupt elite class.

Every year they blather and the MSM tribe scrambles for divine crony insight.

They meet in a cozy ski resort in the Swiss Alps insulated from the unpleasant noise of activism.

The reason I do these DAVOS images every January is the hope that some of it gets to the morons and tells them the rest of us know all about the annual clown circus in the Alps.

[Don Birnam]

"Too Many Banker Species" indeed, WB7 -- I have held that the exemplar of the species Homo davosens enjoys the world's Middle Class as a simple hors d'ouevre, but I will admit that their diet has been kept a relative secret for many years, until the current crisis. The world itself now seems to be their main entree.

"Krugman Lobe." Priceless. Tell me, William, is there any hope for this patient ? Perhaps an "austerity" trepanning ?

http://www.billcasselman.com/trepanning3.jpg

[williambanzai7]

[Jay Gould Esq.]

That just about sums it up.

[tom a taxpayer]

Remarkable resemblance to Larry Summers under the sentiment gauge.

[Beau Tox]

I ski powder in the black slope.  My knee is sore.  Anyone for a pint at the lodge?

[williambanzai7]

Not much rad terrain at Davos.

[Mercury]

This is great WB7 but I'm afraid its not as good as real life.

Did you see this hoot from Dealbreaker a couple of days ago?  Follow the link to the original Reuters story and check out the first comment by (what has to or might as well be) a real Davos wife who very much begs to differ with your kind of cynicism.

[williambanzai7]

Easier said than done in Switzerland. I'm sure there are plenty of high end pros plying their trade.

[Mercury]

We call that "Skiing Mahogany Ridge" where I come from...

[falak pema]

Well, Caterpillar says that the recession is over, so what Caterpillar says, the world does. Unless, you don't read the MSM. Then you'll enjoy WB7 at the Davos Oligarchy games. 

I enjoy WB7 and I'll watch the Caterpillar climb that hill, when Merkel come down her run. She'll need a ride back up, maybe on a caterpillar! 

BTW ; for those who love true sport, the Federer-Nadal match in Melbourne was a corker, as usual. Those guys do not pull their shots or ponzi hype their balance sheets.

[Eally Ucked]

http://www.northernlife.ca/news/localNews/2012/01/26-caterpillar-lock-out-sudbury.aspx

[The Alarmist]

I remember the good old days when one of the major wire houses was pitching CAT as a play to rebuild Iraq after the first war ... way back when in 1991.

[4horse]

I'll watch . . . Caterpillar climb that hill, Golgotha, grinding over and up that business model right to the top, of the heap, under whose ashes sleep the otherwise senseless corries and broken bones of however many innocent sheep

                                                                                                 __no1 allowed to stray, while 99 are here to stay. under

                         Davos. enjoy the joking as, all together, they cement such plans as roll you over

[williambanzai7]

MSM listen to CAT instead of following the BDI.

[falak pema]

they like their containers wet! Like their women.

[AvoidingTaxation]

As usual so right!

[Bartanist]

It is a good thing that the world has so much respect for bankers, their paid politicians and their paid propaganda arms... Lol.

[goldenboy]

Fantastic.

[Nobody For President]

Careful - that last one is good enough to get you hired to design the next year's poster...

NFP

[The Alarmist]

Could be a babe ... could be a lady boy.  Good job ... you have all bases among the criminal elite covered!

[WALLST8MY8BALL]

is that you Monty Brewster?