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Mapping The World's Greatest Risks (According To Davos)

Tyler Durden's picture




 

"War" is back on the minds of the world's richest men (and women). The Global Risks Landscape, a map of the most likely and impactful global risks, puts forward that, 25 years after the fall of the Berlin Wall, “interstate conflict” is once again a foremost concern. As The World Economic Forum notes, these multiple cross-cutting challenges can threaten social stability, perceived to be the issue most interconnected with other risks in 2015, and additionally aggravated by the legacy of the global economic crisis in the form of strained public finances and persistent unemployment. The central theme of profound social instability highlights an important paradox that has been smouldering since the crisis but surfaces prominently in this year’s report. Global risks transcend borders and spheres of influence and require stakeholders to work together, yet these risks also threaten to undermine the trust and collaboration needed to adapt to the challenges of the new global context. Rather ominously, The WEF concludes, the world is, however, insufficiently prepared for an increasingly complex risk environment.

 

"Interstate Conflict" is both the most likely and has the biggest impact of all Global Risks...

As the chart below shows, economic risks largely dominated from 2007 to 2014, with the risk of an asset-price collapse heading the list in the run-up to the financial crisis, giving way to concerns about the more immediate but slow-burning consequences of constrained fiscal finances, a major systemic financial failure in the immediate post-crisis years, and income disparity.

This year features a radical departure from the past decade; for the first time in the report’s history, economic risks feature only marginally in the top five.

In the 25th year after the fall of the Berlin Wall, geopolitical risks are back on the agenda. The dispute over Crimea in March 2014 serves as a forceful reminder of the consequences of interstate conflicts with regional consequences that seemed long forgotten and unfathomable, as further explored in this report. Similarly, together with other events in 2014, such as the prominent rise of the Islamic State, it has brought state collapse and the failure of national governance back into public consciousness. At the same time, health-related risks, such as pandemics – last considered impactful in 2008 – have made it back into the unglamorous top, following the unprecedented spread of Ebola.

 

 

But while "war" remains the biggest global risk, "fiscal crises" dominate the highest concerns for CEOs doing business around the world (signaling at least to us that so much more of the world is now entirely dependent on the government teat).

 

 

And as some regions have prepared for problems and 'risk managed' scenarios, the following shows which risks remain the least prepared for...

 

And what the world's leaders think...

Our self-perception as homines economici or rational beings has faltered in the aftermath of the financial crisis, whose effects are still unfolding socially, as persistent unemployment, ever-rising inequality, unmanaged migration flows and ideological polarization are among the factors stretching societies dangerously close to the breaking point. Social fragility is even threatening geopolitical stability, as breakdowns in cooperation within states make relations between states more difficult.

 

And a quarter-century after the fall of the Berlin Wall, interstate conflict is once again one of the key risks in terms of likelihood and impact. Yet the means through which conflicts can be pursued are growing more varied – from geo-economic tools, such as trade sanctions, to cyber attacks on critical infrastructure, to the potential for a new arms race in lethal autonomous weapons systems.

 

We are not powerless in the face of these concerns. As highlighted previously, multistakeholder collaboration and global governance are key to building resilience and mitigating risks.

*  *  *
Back to embracing Lagarde's multilateral new world order

 

Source: WEF

 

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Fri, 01/23/2015 - 22:47 | 5698856 DeadFred
DeadFred's picture

Significant underestimate of the likelyhood and impact of natural catastrophes. Normalcy bias in action.

Fri, 01/23/2015 - 22:51 | 5698867 Thanatos
Thanatos's picture

Where is Herpes?!

That's a major risk.

Fri, 01/23/2015 - 23:00 | 5698890 Ima anal sphincter
Ima anal sphincter's picture
The World's (People's) Greatest Risks

Central frickin bankers and all the minions who follow their orders.

Fri, 01/23/2015 - 23:07 | 5698904 Comte de Saint ...
Comte de Saint Germain's picture

Interstate Conflict = Ukraine (NATO vs. Russia) = WW3 = thermonuclear war
Is mainstream media properly informing about this?
Is the brute and ignorant American populace aware that there is a de-facto State of War between the United States and the Russian Federation?

Sat, 01/24/2015 - 01:22 | 5699084 Parrotile
Parrotile's picture

Opportunity here to "Mix and Match" crises.

Let's start with your "Interstate Conflict", enhanced by an engineered "Fiscal Crisis". Add in a small dose of "Weapons of Mass Destruction", leading to "Man-Made Environmental Catastrophe", with "Water Crisis", "Extreme Weather Events", causing "Large Scale Involuntary Migration", which in turn leads to "Profound Social Instability", "Food Crisis", and maybe "State Collapse or Crisis".

We'll probably have a "Biodiversity Loss and Ecosystem Collapse", along with "Spread of Infectious Disease", and  "Critical Information Infrastructure Breakdown", 'cause of "Failure of Critical Infrastructure", arising from "Misuse of Technologies" along with the "Failure of Urban Planning".

Well, after that lot, I'd not be too worried about "Cyber Attacks" (no Internet, no nuffin!!), or "Data Fraud or Theft". since the "Energy Price Shock" has meant no electricity, nowhere (of importance).

Spare a though for the Davos Greenies - the "Failure of Financial Mechanisms or Institutions" mean their eka-Platinum American Express cards won't work, so they's be exposed to the consequences of "Natural Catastrophes" (e.g. having to pay THEIR way, rather than expecting others to pick up the tab). "Deflation" won't be a problem for them by then since all "Asset Bubbles" will have burst,  however "Unmanageable Inflation" in the things they NEED might very well be a real headache, which, true-to-form, they will try to blame on "Failure of National Governance".

(I was SO looking forward to attending this year. Last minute problems with transport - The Wife HAD to borrow the Gulfstream for a multi-continental shopping expedition, and I really COULDN'T be seen turning up travelling with "Ordinary People" - the ones who still "pay taxes"!! Oh, the horror!! )

Sat, 01/24/2015 - 06:03 | 5699292 zhandax
zhandax's picture

Oh don't be a pig;  pick two or three, That will keep your calendar full.

Sat, 01/24/2015 - 12:26 | 5699637 Doubleguns
Doubleguns's picture

Looks to me like a list of successful liberal media brain washing.  Really, folks take a second look at the list and remember the media talk over the past year. Its simply a reflection of the past news articles. 

Fri, 01/23/2015 - 23:06 | 5698906 rehypothecator
rehypothecator's picture

The greatest risk to the people of Davos is that the sheeple will awaken and subsequently decide to put their heads on pikes. 

Fri, 01/23/2015 - 23:16 | 5698932 overmedicatedun...
overmedicatedundersexed's picture

yemen - sunni vs shiite- me thinks a certain saudi oil port has an accident soon. keep playing with the bear.

Fri, 01/23/2015 - 23:09 | 5698919 UselessEater
UselessEater's picture

Technocracy Rising...by Patrick Wood

The dark horse of the New World Order is not Communism, Socialism or Fascism. It is Technocracy.

With meticulous detail and an abundance of original research, Patrick M. Wood uses Technocracy Rising to connect the dots of modern globalization in a way that has never been seen before so that the reader can clearly understand the globalization plan, its perpetrators and its intended endgame.

In the heat of the Great Depression during the 1930s, prominent scientists and engineers proposed a utopian energy-based economic system called Technocracy that would be run by those same scientists and engineers instead of elected politicians. Although this radical movement lost momentum by 1940, it regained status when it was conceptually adopted by the elitist Trilateral Commission (co-founded by Zbigniew Brzezinski and David Rockefeller) in 1973 to be become its so-called "New International Economic Order."

In the ensuing 41 years, the modern expression of Technocracy and the New International Economic Order is clearly seen in global programs such as Agenda 21, Sustainable Development, Green Economy, Councils of Governments, Smart Growth, Smart Grid, Total Awareness surveillance initiatives and more.

Wood contends that the only logical outcome of Technocracy is Scientific Dictatorship, as already seen in dystopian literature such as Brave New World by Aldous Huxley (1932) and Nineteen Eighty-Four by George Orwell (1948), both of whom looked straight into the face of Technocracy when it was still in its infancy.

http://www.technocracyrising.com/

Fri, 01/23/2015 - 23:14 | 5698925 e_goldstein
e_goldstein's picture

 Where is Herpes?!

After a tawdry back alley encounter with Ebola she went home and 9 months later gave birth to Herpbola.

Herpbola, coming to a newscast this spring with a vaccine soon to follow.

Sat, 01/24/2015 - 02:17 | 5699148 Bloppy
Bloppy's picture

Government and media keeping us distracted with underinflated football hysteria:

http://tinyurl.com/n3er2ej

Sat, 01/24/2015 - 06:27 | 5699303 zhandax
zhandax's picture

This didn't hit my radar until today, but I find it amusing that over the last 30 years, every time there is an ethical controversy leading up to the playoffs, the Patriots seem to be the party who has committed the questioned action.

/disclosure; I still hold a grudge over the snowplow incident.

Fri, 01/23/2015 - 22:47 | 5698858 stacking12321
stacking12321's picture

how is "failure of national governance" a "risk"?

it's something that happens every day, like the sun shining.

it's not a risk, it's a fact.

Fri, 01/23/2015 - 23:06 | 5698905 Thanatos
Thanatos's picture

If "They" fail to govern your wiley ass into a secure area (aka A Camp) before you really find out how bad they fucked you...

They ARE at risk!

Fri, 01/23/2015 - 23:29 | 5698960 bid the soldier...
bid the soldiers shoot's picture

can't things be both facts and risks?

Risky facts?

coitus sans condom. a risky though enjoyable fact.

Sat, 01/24/2015 - 00:50 | 5699080 Colonel Klink
Colonel Klink's picture

Which is why it's all fucking bullshit.  Let me give everyone a hint.  If it seems as if they're showing concern for us, they're not.  They only care about things that affect them and their ability to stay rich and/or in power. /discussion

Sat, 01/24/2015 - 06:56 | 5699310 zhandax
zhandax's picture

Bingo Colonel;  this is the private jet set’s bitch list, and only matters when they are willing to drop the dime to buy the congressmen to address those items they are most worried about.

Sat, 01/24/2015 - 07:20 | 5699337 barroter
barroter's picture

"We the Stakeholders, not you, are all that matters."

Sat, 01/24/2015 - 09:18 | 5699401 Romney Wordsworth
Romney Wordsworth's picture

The major risk in Davos [every year] is pedophilia

Sat, 01/24/2015 - 18:15 | 5700451 gladih8r
gladih8r's picture

Look at it from another perspective:  where you see risk / concern, they see opportunity to profit.

- wind-farms to appease the global warmists to cool the planet by 0.001 of a degree (doesn't matter which kind), sometime this century, or maybe the next

- newer and better weapons for wars on "everything" to stroke the stubby knobs of these fat-assed, dorito-munching, fox-news watching chicken-hawks

- tax funded "free" goods/services for the FSA to keep them docile

- and an industrial-grade private prison system to keep everyone safe, the likes of which no other modern nation needs for some fucking reason

 

Fri, 01/23/2015 - 22:49 | 5698861 weburke
weburke's picture

oh great, just like announcement in dc during thanksgiving, cyber attack, critical infrastructure failure. That is the plan, this is the second announcement from them.  evil fucks. 

Fri, 01/23/2015 - 22:51 | 5698864 Squid-puppets a...
Squid-puppets a-go-go's picture

Hi there. I'm a bond-holding polishman with a swiss mortgage who used to holiday/diversify in cyprus. In the last 2 years, ive lost 47.5% of my savings, had 50% of my superannuation confiscated, and have to pay the gubmint 1% to lend it my money - and last week my mortgage load was repriced +30% overnight

Can i just say that I dont give a FUCK about what those cocksuckers at Davos are concerned about

Fri, 01/23/2015 - 23:28 | 5698955 Niall Of The Ni...
Niall Of The Nine Hostages's picture

I'm sorry to hear that. Advice for next lifetime:

1. Don't leave any more money in any bank than you can afford to lose.

2. If your woman wants a huge house you don't need just so she can feel superior to her mother and her "friends,"tell her to get a job and buy it herself. If she insists you buy it for her, get a new woman, not a mortgage. 

Sat, 01/24/2015 - 01:05 | 5699099 old naughty
old naughty's picture

Advice for next lifetime:

Don't come back to this hellhole (in other words, don't go into the light upon leaving this lifetime, remain soverign integral).

Mon, 01/26/2015 - 00:52 | 5705029 w a l k - a w a y
Sat, 01/24/2015 - 07:26 | 5699339 GoldSilverBitcoinBug
GoldSilverBitcoinBug's picture

Advice for my next lifetime: don't reincarnate on Earth, stay fucking away in spirit form: no need to eat, poo, work and getting crushed by other souls (or rather demons) who control the wordly States and Institutions...

Mon, 01/26/2015 - 01:01 | 5705054 w a l k - a w a y
w a l k - a w a y's picture

According to perhaps the most accurate description of the afterlife, reincarnation is not an option -- reincarnate or waste away to nothing (at least for non-parasitical souls).

Sat, 01/24/2015 - 02:46 | 5699167 Haager
Haager's picture

As a polishman, you must have taken the savings from someone else. And now, there's someone else having your savings.

Fri, 01/23/2015 - 22:58 | 5698882 reader2010
reader2010's picture

Keeping the sheeple frightened! Sheeple, you have nothing to loose but your internet connections to your facebook pages.

Sat, 01/24/2015 - 00:47 | 5699078 Parrotile
Parrotile's picture

Or even worse - their Farcebook accounts might be .  . . HACKED ! ! !

"Please Government, we NEED more "Internet Security", to "Protect us" . . . . .

(Or, don't use Farcebook . . . . !)

Fri, 01/23/2015 - 23:13 | 5698887 Niall Of The Ni...
Niall Of The Nine Hostages's picture

These risks fall into two types:

1. The problems caused by the PTB gathered at Davos in the first place and unsolvable while they retain power over the rest of humanity.

2. The non-problems invented by the PTB gathered at Davos to distract the rabble from 1. above.

Fri, 01/23/2015 - 23:00 | 5698889 Boomberg
Boomberg's picture

Davos is the world's greatest risk.

Fri, 01/23/2015 - 23:02 | 5698898 Shad_ow
Shad_ow's picture

Can't take anything seriously if it includes "failure to adapt to climate change" hoax.

Fri, 01/23/2015 - 23:03 | 5698900 Thanatos
Thanatos's picture

That what's led to my Herpes outburst.

Fri, 01/23/2015 - 23:13 | 5698924 Atomizer
Atomizer's picture

Fuck you Davos, the only risk is when you have ultimately lost control, unfortunately you will. Market Volatility will end up in your lap as a party favor.

Era Of Shattered Illusions

Fri, 01/23/2015 - 23:15 | 5698930 joego1
joego1's picture

Enjoy every sandwich.

Sat, 01/24/2015 - 07:24 | 5699338 barroter
barroter's picture

Warren Zevon never did accept an invite to play at Davos, did he?

Fri, 01/23/2015 - 23:26 | 5698954 GovernmentMule
GovernmentMule's picture

Okay so climate change is worse than deflation. Thanks. I Got it from here.

Fri, 01/23/2015 - 23:27 | 5698961 Ignatius
Ignatius's picture

The "greatest risk" is anything that threatens the power and privilege of these Davos fuckheads.

Fri, 01/23/2015 - 23:51 | 5699009 suteibu
suteibu's picture

The above list is merely their agenda for 2015.  Water and climate change. 

Nestle can't wait to buy up all the water rights in the world...you know, to better allocate the scarce resource.  Of course, collecting free rainwater would be an infringement on Nestle's rights (using the Monsanto playbook).

Sat, 01/24/2015 - 07:26 | 5699341 barroter
barroter's picture

I remember that...Peru was it?  Illegal to collect rainwater.  Am sure Nestle or whoever will have bought enough gov't types to enforce that one. Gotta believe in "free" markets and using gov't to insure profit!

Sat, 01/24/2015 - 07:43 | 5699355 TeethVillage88s
TeethVillage88s's picture

Bolivia had a Revolution over it. They Elected an Indigenous Rancher to be President, Evo Morales.

Bechtel was involved for Sure. I'd have to search to get the details again. Foreigners got a hard time in Bolivia and I'm sure some of them had to leave if not were Exiled or boot out forever.

Fri, 01/23/2015 - 23:29 | 5698968 Bennie Noakes
Bennie Noakes's picture

The #1 fear of the Davos participants is so terrible that they didn't even dare to mention it:

THAT ONE DAY QE MIGHT COME TO AN END.

Sat, 01/24/2015 - 07:51 | 5699365 TeethVillage88s
TeethVillage88s's picture

Well seems like 30 years of Japan would inform all of the World's Literate People.

- So now USA & EU & UK have been playing in the Currency Printing game

But they can do a few things to keep it going... even after QE

- QE... Toxic Assets, Government Bonds, Corporate Bonds
- LIRP/ZIRP/NIRP
- Money Printing LT Bonds & Treasuries
- Bank Lending Quotas like in "Princes of Yen"
- Change rate of Deposits to Loans at small Banks
- Desegregate more accounts, allow more banks to move into Commercial & Investment Activities

But I don't watch TV, read Newspapers, and am not an expert... Just think they want to keep printing, and keep Fiat, and keep the current Status Quo/Current Royals & Elites.

Fri, 01/23/2015 - 23:33 | 5698975 TuPhat
TuPhat's picture

The attempt to bring about global governance financed by central banks is even worse than the recent measles outbreak at Disneyland and they forgot to mention that.

Fri, 01/23/2015 - 23:37 | 5698978 e_goldstein
e_goldstein's picture

I noticed "getting our collective heads cut off and placed on pikes in front of the new warlords' homes" didn't make the list. It would truly be ironic if this is the black swan they don't see coming.

Fri, 01/23/2015 - 23:49 | 5699007 medium giraffe
medium giraffe's picture

Glad to see man made environment catastrophes is the second lowest concern. I used to think Fukushima was a big problem, but apparently if you ignore it for long enough it does just go away.

Fri, 01/23/2015 - 23:53 | 5699011 Encroaching Darkness
Encroaching Darkness's picture

"This year features a radical departure from the past decade; for the first time in the report’s history, economic risks feature only marginally in the top five."

Then that's what's coming, since these clowns can't see beyond their noses - they may WANT war and be WORKING TOWARDS war, but maybe - finally - the sheeple have finally figured out who PROFITS from war, and won't participate. Syria, last year, might be a hopeful sign - nothing from Davos is.

Fri, 01/23/2015 - 23:56 | 5699016 suteibu
suteibu's picture

Note the failure of urban planning is very low.  That is because it has been their plan for years.  Of course, one must disregard the inner city strife and poverty and gangs when evaluating the success of urban planning.  The plan was not designed to eliminate those things, only mass the population together for better, more efficient control.  It is interesting that few who live in major cities know how to raise food (or even know where food comes from outside their local grocer). 

Sat, 01/24/2015 - 11:32 | 5699551 HerrDoktor
HerrDoktor's picture

"The scoops are coming"

Sat, 01/24/2015 - 00:18 | 5699038 teslaberry
teslaberry's picture

the risk of war is that is DOESNT happen. 

 

the worlds oligarchs are doing their very best to try and start a world war of one sort or another, whether it even kills a lot people directly or not,====the purpose would be for them to consolidate their power even more in their respective spheres of control. 

 

oligarchs in china and the u.s. both WANT war , it's just hard for them to get their respective peasants to accept war because NO ONE REALLY WANTS TO DIE FOR SOMEONE ELSE'S STUPID WAR. 

hard to get the peasants to overcome their instincts, like attempting to steer a herd of cattle over a cliff, they are indeed a herd, but they know to stay clear of cliffs. 

 

the only way to start a war is to make everyone SO POOR and SO IGNORANT and SO POWERLESS, that they either agree to fight or they agree to stay out of the way and not prevent the wars the oligarchs so desperately need. 

 

saving the risk of not having war, the oligarchs are going to have to deal with their own peasantry attempting to use their resprective governments to nationalize the capital --the 'property' ' that the peasants need in order not to starve to death. 

 

 

ONE WAY OR ANOTHER THINGS ALWAYS CHANGE, AND REAL CHANGE MEANS VIOLENCE AND CHANGE OF CONTROL OVER INCOME PRODUCING PROPERTY. 

REAL WARS FAKE WARS SOVEREIGN WARS CIVIL WARS. ALL THE SAME. CONFLICT BITCHES!

 

 

Sat, 01/24/2015 - 12:26 | 5699639 jimmytorpedo
jimmytorpedo's picture

When goods stop crossing borders, troops surely will.

Troops carrying a trillion dollars worth of shit made by the Davos Gang and paid for by us.

Either way, they win.

Sat, 01/24/2015 - 00:42 | 5699071 Pancho Villa
Pancho Villa's picture

They feel that "natural catastrophes" would have less impact than "data theft or fraud". But two recent tsunamis have each killed 10's of thousands of people. While the Sony data thefts embarrased a few executives. We can see where their priorities lie.

In general the Davos guys seem to be really into fear. "Look at all these terrible things that are going to happen if you don't follow our sensible suggestions". Which all seem to involve increasing the power of the governments and the oligarchs.

Sat, 01/24/2015 - 07:39 | 5699349 barroter
barroter's picture

"Look at all these terrible things that are going to happen if you don't follow our sensible suggestions"

 

"Prop us up" with your assets and tax money. I didnt' get a thank you card from them when I was put on the hook for the latest derivative bail out plan.

Sat, 01/24/2015 - 01:41 | 5699123 economists_do_i...
economists_do_it_with_models's picture

I predict...  "Something" will happen during the upcoming week that causes oil to rise and stocks to fall.  AUDUSD & CADUSD will rise accordingly as the USD rally takes a breather.

Sat, 01/24/2015 - 07:29 | 5699345 GreatUncle
GreatUncle's picture

Maybe ... in this manipulated world I would not be so sure.

The fall in oil has been bailing out the sovereigns in the form of a tax rebate for the consumer that has bolstered economies a little so the politicians can say they fixed the economy.

If the prices rise then the economies are on the ropes once more.

EITHER WAY NOTICE THE POLITICIANS DO NOT CONTROL THE ECONOMY ALTHOUGH THEY PRETEND THEY DO THROUGH CENTRAL PLANNING BULLSHIT.

Sat, 01/24/2015 - 02:02 | 5699139 cheech_wizard
cheech_wizard's picture

The Doomsday Clock, a metaphorical warning system for world-ending threats, has been moved to three minutes to midnight.

io9 reports that The Bulletin of the Atomic Scientists, which administers the clock, cited global warming and nuclear proliferation as its reasoning behind the move. It has been at five minutes to midnight since 2012, when it was moved up from six due to concerns about nuclear safety. The closer to midnight, the closer we're said to be to a global catastrophe.

This makes the current position tied for the second-closest it's ever been, says io9. It has been at three minutes in 1984 during the Cold War, and in 1949 when the Soviet Union tested its own atomic bomb. It has only been closer to midnight once, in 1953, when both the United States and Soviet Union were testing thermonuclear weapons.

And yet the world's so-called leaders fail to realize they are the cause.

Sat, 01/24/2015 - 10:36 | 5699478 Arnold
Arnold's picture

The scientific search for relevance continues in many disciplines.

Sat, 01/24/2015 - 02:34 | 5699156 P?keh?
P?keh?'s picture

"Profound social instability"

right there.. hidden in the middle.. trying to be inconspicuous.. is the greatest threat..  at least to the guys who frequent Davos.

Elequant application of newspeak..  

Let me put things more bluntly.

I'll get the pitchfork! you go put a nail through a piece of wood!  woohoo!

Sat, 01/24/2015 - 03:06 | 5699178 P?keh?
P?keh?'s picture

Ok screw pitchforks and nails.. this is guy has it sorted!

Lars Andersen: a new level of archery

Sat, 01/24/2015 - 03:30 | 5699196 Space Animatoltipap
Space Animatoltipap's picture

Luckily not a blade of grass moves without the will of the Lord. Hare Krishna.

Sat, 01/24/2015 - 04:10 | 5699220 Jano
Jano's picture

is this the actual status, or would like to have?

Sat, 01/24/2015 - 04:29 | 5699236 trader1
trader1's picture

that precocious chart can be sumarized in one simple phrase:

the apocalypse is upon us

Sat, 01/24/2015 - 04:35 | 5699242 Atomizer
Atomizer's picture

We can run a reversal by staging a purge day on central bankers, planners of sorts; just like when Hollywood wrote the blueprint. Except in this version, the government is hunted down by society. I have all copyrights to this movie concept, :P

The Purge

http://m.youtube.com/watch?v=d65KggimuMo

 

Sat, 01/24/2015 - 07:19 | 5699335 barroter
barroter's picture

Stakeholders...oligarchs and plutocrats worried the "natural" order of things will be upset. Can't have the rigged markets paying non-stakeholders! The next symposium will be about "How to Protect Yourselves from the Non-Stakeholders You Screwed."

Sat, 01/24/2015 - 07:31 | 5699344 falak pema
falak pema's picture

....So much of the world is so dependent on the government teat...

'COS THE OLIGARCHS HAVE DESTROYED THEIR OWN PRIVATE SECTOR WEALTH MODEL.... 

NOW THEY HAVE NO CHOICE BUT TO ROB THE PEOPLE'S MONEY IN THREE STEPS :

1°  By stealing the future for the millenium generation. This is a DONE deal since 2008/2013 via BAIL-OUTS of TBTF.

2°  By stealing the present. This is currently what is happening is world deflation mode. No job creation anymore.

3° By stealing the PAST when they rob the Baby boomers of their pensions. By BAIL INS, which is what will happen next (like in Cyprus).

And that leads us to the future :

4° Leaving no future option other than a huge and permanent period of asymmetric wars to steal whats left of  RMs of the destitute nations.

Thank you very much Pax Americana who made this global mess and are now hanging on to it in sheer denial.

9 T dollars of carry trades is all that interests them today. Play on Casino economy.

Purple lies in Davos canyon...

My rifle, pony and me !  (Sing Jamie Dimon and the Squid).

Sat, 01/24/2015 - 09:19 | 5699402 TeethVillage88s
TeethVillage88s's picture

Hey that was from Rio Bravo.

Yes good list. I was thinking of writing something similar.

.gov says they only tax us... but as you point out they take all kinds of liberties with our money, our future wealth, or Dynasty, our pensions, and our young men and women may go off to fight in a Missionless .gov WAR.

- And if you have savings or investments, .gov doesn't tell you that they can't increase the Interest Rate, Prime Rate, or the rate on your Individual Savings... WTF
- .gov can create money, FED can Create Money, Wall Street has no limit to creating money... but they can't give you an Interest Rate on your Savings or be honest about the Future of CDs, TIPS, and Government Bond Funds??
- .gov can't be honest about the future of ZIRP/LIRP??

Sat, 01/24/2015 - 09:48 | 5699433 overmedicatedun...
overmedicatedundersexed's picture

watched an davos interview of a ceo of blackstone group schwartzman I think his name was..

he says things are great in usa for him and gosh he is buying RE in EU at big discounts..making 6% on usa business

good to be plugged into the fed money drop, not so good he said for savers well mr schwartfuck, getting .07% on savings so your company can buy assets cheap makes me proud.

Sat, 01/24/2015 - 09:02 | 5699388 Fun Facts
Fun Facts's picture

The worlds greatest risk [not according to Davos] are the pathological megalomaniac pedophiles of Davos.

Sat, 01/24/2015 - 18:27 | 5700498 Duude
Duude's picture

No worries. with Soros over 84 years old now, even a 5 year old has a 50% chance of outrunning him.

Sat, 01/24/2015 - 14:57 | 5699991 SweetDoug
SweetDoug's picture

'

'

'

The takeaway here, the most important one, is to look back on their history of predictions.

Absolutely wrong.

Ignore these dopes.

You never see it coming.

 

•?•
V-V

Sat, 01/24/2015 - 21:45 | 5700828 thebigunit
thebigunit's picture

Well, LACK of "gun contol" ISN'T on any of their lists.

The Second Amendment is safe for now.

I feel better.

Sat, 01/24/2015 - 21:50 | 5700972 hedgiex
hedgiex's picture

Predators are storing their ill gotten gains in places where their rents are paid for by their muppets. They want more. Also, they want more reaping without sowing. The BS spouted in DAVOS is an academic exercise albeit correct in measuring the current maliase and anger. After the event is over, they are all back to laying better mouse traps for their preys.

 

Sat, 01/24/2015 - 23:03 | 5701146 69BIGDOG69
69BIGDOG69's picture

"Extreme weather events" are seen by the WEFers as the second most likely risk, after "interstate conflicts” in 2015!  That is amazing and shows just how far the world's leaders, or at least the WEFers, have bought into the idea of environmental apocalypse.  How would the likelihood of “extreme weather events” be calculated?

 

In terms of impact, “extreme weather events” are rated slightly below average and just behind “failure of national governance.” 

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