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Davos Post Mortem

Tyler Durden's picture


And like that, this year's Davos World Economic Forum has come and gone, having achieved nothing except allowing a bunch of representatives of the status quo to feel even more self-righteous and important in the world's biggest annual circle jerk, in which fawning journalists ask the questions their cue cards demand, knowing too well their jobs are on the line if they ask anything even remotely provocative (and with the price of admission in the tens of thousands of dollars, one wonders just how many Excel classes these "journalists" could have taken as an alternative, in order to actually do some original math-based research, yes, shocking concept, to present to their readers instead of merely regurgitating others' talking points). Bloomberg TV has compiled the best video summary of the highly irrelevant soundbites by economists, CEOs and other people of transitory power, who provide absolutely no original insight into anything, and in which ironically it is Mexico's Felipe Calderon who summarizes it best: "we have a timebomb the bomb is in Europe and we are working together to deactivate it before it explodes over all of us." Lastly, we provide a quick glimpse into current and previous guests of Davos to show just how utterly worthless is the "braintrust" of those present.

And some further persepctives, from Davos Sherman Okst of Psychopathic Economics:

Economic Nirvana

It became quickly apparent that People are desperate to learn about Davos and what the elite are doing to “fix” the economy.

Some “Search Terms” [my blog's trends] for this week: Davos attendees, Davos World Economic Forum attendees, Davos WEF list, Davos wants 150 trillion dollars, did Obama go to Davos, Joe Biden at Davos, Davos and the Greece default, WEF attendees, Bill Gross on Davos, Davos is a joke, Citi at Davos, Davos sluts, Economic Forum 2012 2600 participants bio, Davos world depression, Davos elite guest list, Fix economy at Davos.

You get the idea.  The terms in bold gave me an idea for an article.

Some Bios of Those Who Attend Davos

So here is a short piece, the bios of some (past and present) elite over there at the Davos World Economic Forum.  The guise is that they are there to make the economy and the world a better place.  If that was the case, in one short sentence I could sum up a better way to do so: “Davos attendees, stay the [ehem] home—free markets are meant to be free for a reason—and if you want to fix the economy go to my blog and click on the 30 or so links there under Best Economic Blogs ”.

But when you read the bios you’ll probably draw the conclusion that the elite go to Davos to serve their interest—not ours.

Shocker, I know.

Some Select Bios of Those at Davos This Year or Years Prior

Bestand:Joe Biden - World Economic Forum Annual Meeting Davos 2005 Portrait.jpgJoe-”We asked Jon Corzine for Economic Advice”-Biden:  Right after Obama & Biden got in the White house these economic imbeciles faced with a financial crisis called—drum roll please—MF Global’s Jon-”I Bet My Clients’ Money on Greece”-Corzine for advice on what do do.  You can watch the short YouTube video here.  People should posses a basic IQ just to be allowed to visit the White House.  The very track record of this for an administration should disbar them from running, or even living in DC.


Larry-”I Lost $1,800,000,000.00 for Harvard Betting on Derivatives”-Summers:  He’s got some other serious claims to fame, Obama is considering him for the top post at the World Bank, he helped Alan Greenspan muzzle Brooksley Born who wanted to regulate derivatives in the 1990s.  You can watch that here.  I wouldn’t let Summers advise me on investing for my late dog.  He must have been impressed with how Summers falls asleep at White House meetings.  This year Larry is attacking “Capitalism” and says it needs to be reformed.  We don’t have capitalism, if we did the banks that made idiot decisions would have failed.  We have Corporatcracy as I wrote about here and on this one site it got 145,000 reads which indicates that people–other than these morons at Davos–get this.


Gordon-”I sold 60% of England’s Gold Reserves When Gold was at the Rock Bottom Price of $275 an Ounce”-Brown.  Like Summers he sleeps at important meetings.   Another economic genius.



Jon-”I Bet 36,000 Clients’ $1,200,000,000.00 on Greece MF”- Corzine.  Don’t feel too bad, he was going to be tapped for Timmy Geithner’s job of United States Treasury Secretary.  At Davos in 2008 he predicted a “mild recession.”

Then we have the companies.

BP Who drilled for 12 hours of global consumption under a mile of water and 3 additional miles of rock.



 Citi 1.2 trillion in assets and 37.6 trillion in off balance sheet derivatives.




Deutche Bank Under fire from internal whistleblower for accusing bank of fudging numbers.




Ernst & Young accused of helping hide financial risks at Lehman Brothers, you can read about it here.




GE (Who Obama has as its head as his Council on Jobs) took money in bailouts, owns MSNBS and CNBS and GE Capital slashed about 11,000 jobs or 10% of its workforce, you can read about it here.



JP Morgan Chase 1.4 trillion in assets and 89.9 trillion in off balance sheet derivatives.  Its former executive is Obama’s Chief of Staff.




I could go on for hours, but I think that should help a lot of the folks stumbling across my blog looking for a complete list, which I published here.


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Sun, 01/29/2012 - 17:06 | 2107940 Saxxon
Saxxon's picture

This submission is another Two Minutes Hate, nothing more.

Sun, 01/29/2012 - 17:20 | 2107971 i-dog
i-dog's picture

Ka-BOOOM ... bitchez!!!

Sun, 01/29/2012 - 19:51 | 2108217 Reese Bobby
Reese Bobby's picture

"This submission is another Two Minutes Hate, nothing more."  Huh?  WTF does that mean?  "My nipples explode with the light" makes more sense.


Sun, 01/29/2012 - 20:36 | 2108273 hedgeless_horseman
hedgeless_horseman's picture



 (and with the price of admission in the tens of thousands of dollars, one wonders just how many Excel classes these "journalists" could have taken as an alternative, in order to actually do some original math-based research, yes, shocking concept, to present to their readers instead of merely regurgitating others' talking points)

Tyler Durden you're my hero.

Mon, 01/30/2012 - 10:04 | 2109287 gilliganis
gilliganis's picture

You mean "explode with delight", right?

I will not buy this tobacconist's, it is scratched.



Mon, 01/30/2012 - 00:02 | 2108590 constitutionalist
constitutionalist's picture

It is never good when the people running the world have never worked a day in there life, I would have rather seen at the Davos, Italian Mafia, IRA, Russian Mob, Triads. I cant believe how unimportant politics have become in the lives of humans


Mon, 01/30/2012 - 00:11 | 2108603 xela2200
xela2200's picture

Well, who do you think runs Italy and Russia, so I beg to differ. Lastly, the IRA is probably in a bar at doubling. I think is game night or fight night. Maybe, both.

Sun, 01/29/2012 - 17:27 | 2107981 Ethics Gradient
Ethics Gradient's picture

Admittedly I'm on my second bottle of wine and was listening to Stefano Ottomano at whilst reading the above but felt nothing but warmth.

ZH doesn't have all the answers, sure, but read between the lines and you will get fuller and more accurate picture here than nearly anywhere else.


Sun, 01/29/2012 - 17:56 | 2108034 Caviar Emptor
Caviar Emptor's picture

We are the world....or what's left of it

Sun, 01/29/2012 - 19:13 | 2108161 macholatte
macholatte's picture


It's doubtful that many, if any, of the individuals attending or presenting at Davos paid a penny of their precious fiat for the privilage.  In fact, most got paid or were paid to be there + food and beverage and travel. So in that vaccuum of Swiss Space, did anyone have anything new or refreshing to say? Was there a new idea?  NO?  Then I want my money back.



Sun, 01/29/2012 - 20:15 | 2108246 Caviar Emptor
Caviar Emptor's picture

But the partys, the clothes, the pagentry! 

Sun, 01/29/2012 - 23:57 | 2108576 Milestones
Milestones's picture

This is the tapering off party from the Rose Parade--ya know the excitement and all. My Gawd what a bunch of buffons!      Milestones

Sun, 01/29/2012 - 18:03 | 2108045 ForTheWorld
ForTheWorld's picture

If it distracts the proles for two minutes, so the powers that be can perform more work in the shadows, well that's got to be good, right?

Sun, 01/29/2012 - 18:39 | 2108111 Money never sleeps
Sun, 01/29/2012 - 17:07 | 2107942 doggings
doggings's picture

lol @ Davos sluts. that was me I think.

Sun, 01/29/2012 - 18:11 | 2108061 DeadFred
DeadFred's picture

Searched under the Images option I would guess.

Sun, 01/29/2012 - 19:56 | 2108226 Non Passaran
Non Passaran's picture

You never know, those are tricky bastards. I'd check Excel spreadsheets as well. You never know what you may find amongst charts on sheet 17...

Mon, 01/30/2012 - 00:47 | 2108652 BorisTheBlade
BorisTheBlade's picture

I think I have a wrong google: Joe Biden pops up first under 'Davos sluts' image search, cannot be unseen o_0

Sun, 01/29/2012 - 17:12 | 2107952 wandstrasse
wandstrasse's picture

but but but... do all these savvy and influental businesspeople NOT fight for a better world??

Sun, 01/29/2012 - 18:58 | 2108135 Acet
Acet's picture

These guys have reached their peak of success and wealth in the system we've had for the last 20 or 30 years. They will do whatever it takes to preserve that system and will never, ever even put forward the kind of radical solution that's needed since that would mean accepting the destruction of the foundation of their positions.

When the Cretacious period is ending and dinossaurs are dying, the last guys you will get a solution from is a bunch of Tyranossauros-Rex in the top of a mountain.

Wed, 03/21/2012 - 05:12 | 2276060 l.hauri
l.hauri's picture

maybe in a prefect world we will see it. cleaning Calgary

Sun, 01/29/2012 - 17:13 | 2107954 Negro Primero
Sun, 01/29/2012 - 17:18 | 2107967 Global Hunter
Global Hunter's picture

I like the dark haired one!

Sun, 01/29/2012 - 17:32 | 2107992 Manthong
Manthong's picture

Who'd of thunk riot duty would have benefits?

Sun, 01/29/2012 - 17:59 | 2108038 Manthong
Manthong's picture

She looks way nicer without the cop.

Sun, 01/29/2012 - 18:29 | 2108079 Cheesy Bastard
Cheesy Bastard's picture

Riot duty in Davos does indeed have benefits.

(These pics pan a little lower.  It's all about the journalism)

Sun, 01/29/2012 - 19:17 | 2108169 Manthong
Manthong's picture


The blondes all have attitudes but the brunette looks like she's on a photo shoot for a top modeling agency.

Sun, 01/29/2012 - 17:34 | 2107997 Hulk
Hulk's picture

OK Ladies, its either mace or a titty twister, which will it be ???

(I should not have done this...)

Sun, 01/29/2012 - 17:34 | 2107996 kaiserhoff
kaiserhoff's picture

Cold weather does help keep the tips up;)

Sun, 01/29/2012 - 18:04 | 2108047 chinaguy
chinaguy's picture

Damn, thanks man!

Sun, 01/29/2012 - 17:14 | 2107956 Global Hunter
Global Hunter's picture

I don't know what species Lagarde and Draghi are but it isn't human those ugly fucks.

Sun, 01/29/2012 - 17:15 | 2107959 Seasmoke
Seasmoke's picture


Sun, 01/29/2012 - 17:16 | 2107960 williambanzai7
williambanzai7's picture


Sun, 01/29/2012 - 17:19 | 2107970 Atomizer
Atomizer's picture

Honey.. watch out for that tree.

Sun, 01/29/2012 - 21:55 | 2108380 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Nice, but I think you are confusing Davos with The Bohemian Grove?!

Thu, 03/08/2012 - 08:31 | 2235388 l.hauri
l.hauri's picture

you are funny with this picture, but it reflects the exact situation. yacht charter pula | yacht charter zadar | yacht charter trogir

Sun, 01/29/2012 - 17:18 | 2107962 vintageyz
vintageyz's picture

"the world's biggest annual circle jerk"...Tyler, once again you capture the mood

Sun, 01/29/2012 - 17:19 | 2107964 Eireann go Brach
Eireann go Brach's picture

Roubini, I know you read ZH! So therefore if you read this, I want you to know that you are a worthless fucking human being! There should be a rule enacted in America whereby if you or Krugman are seen on the street, every US citizen is allowed to punch you or take a bat to your head with no legal consequence!

Sun, 01/29/2012 - 17:48 | 2108017 wandstrasse
wandstrasse's picture

go easy on Mr. Roubini, he got it bad enough:

Sun, 01/29/2012 - 18:29 | 2108095 Normalcy Bias
Normalcy Bias's picture

Bullish for Plaster Pussies!

Sun, 01/29/2012 - 18:28 | 2108093 Dugald
Dugald's picture

You are far too kind......think Vlad the Impaler....!

Sun, 01/29/2012 - 22:20 | 2108407 Seer
Seer's picture

But, but... Reggie Middleton says that Roubini is a "smart guy."

Both continue to regurgitate the same old lames shit that there can be "sustainable growth" on a finite planet: well, Reggie will dodge on this one because, well, he prefers to just call everyone else stupid (except Roubini it appears); never mind that calling the kettle black if you're a "pot" ain't too bright.  Right from the fucking get-go: FAIL!   Nope, they're just dope peddlers.

Mon, 01/30/2012 - 04:07 | 2108854 AnAnonymous
AnAnonymous's picture

Both are US citizens.

Sun, 01/29/2012 - 17:19 | 2107965 Eireann go Brach
Eireann go Brach's picture

And Corzine!

Sun, 01/29/2012 - 17:20 | 2107966 Eireann go Brach
Eireann go Brach's picture


Sun, 01/29/2012 - 17:39 | 2108006 Global Hunter
Global Hunter's picture

Before you edited out your triple post I was chuckling to myself thinking of Roubini reading that three times!

As for you Roubini still a douche.

Sun, 01/29/2012 - 17:20 | 2107972 ozziindaus
ozziindaus's picture










Sun, 01/29/2012 - 17:20 | 2107973 Zola
Zola's picture

Man Soros really does look like Palpatine... Amazing.

Sun, 01/29/2012 - 17:29 | 2107987 LowProfile
LowProfile's picture

Beat me to it +1

Sun, 01/29/2012 - 18:17 | 2108071 DeadFred
DeadFred's picture

It's that 'dark side of the force' thing going for the both of them.

Sun, 01/29/2012 - 18:38 | 2108110 Haddock
Haddock's picture

He should stop thinking about money and take a rest. He looks like shit.

Sun, 01/29/2012 - 21:51 | 2108372 prains
prains's picture

i don't care how much money you have, if you have to wake up each day and look in the mirror and see tiny ball sacks hanging under each of your eyes YOU LOSE

Sun, 01/29/2012 - 17:23 | 2107976 lolmao500
lolmao500's picture

America number one!

Hercules Family Battles Sex Assault Claim Against 6-Year-Old

An East Bay dad claims a game of tag on the playground resulted in his 6-year-old son being accused of sexual assault – a decision he said was an overreaction by school officials.

The parent, who asked only to be identified as Oswin, said [b]his son was accused of brushing his best friend’s leg or groin while the two were playing on the playground at Lupine Hills Elementary in Hercules two months ago.

Oswin said his child was kept in the principal’s office for two hours until he confessed. He was suspended, and a sexual battery charge was placed on his permanent school record.

Sun, 01/29/2012 - 17:33 | 2107995 Dapper Dan
Dapper Dan's picture

With Davos over, my mind is absorbed with the following,

To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player,
That struts and frets his hour upon the stage,
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.


Sun, 01/29/2012 - 18:35 | 2108103 Dugald
Dugald's picture

Do you really think those cold hearted expense swindlers/financial fuckwits had the least bit of fury in them. But thanks for the piece I enjoy the Bard


Sun, 01/29/2012 - 17:36 | 2107998 q99x2
q99x2's picture

Answer to the tough questions concerning America that should have been asked at Davos.

The US Constitution Bud. And yes Geitner and the Bernamk will both be tried for treason.

Sun, 01/29/2012 - 18:04 | 2108050 ozziindaus
Sun, 01/29/2012 - 17:36 | 2108000 virgilcaine
virgilcaine's picture

Merkel is truly scary.  Desperate also.

Sun, 01/29/2012 - 17:39 | 2108004 Atomizer
Atomizer's picture

Lagarde, you and the Keebler Cookie Elf sell a convincing story. Unfortunately, Mario can see thru your bullshit. Again I ask, what WTO changes do you plan on implementing?

Herman Daly - on Globalisation


Sun, 01/29/2012 - 17:41 | 2108009 RobotTrader
RobotTrader's picture

Same thing happens every year.


Davos is simply another excuse for the World's Plutocrats and PigMen to escape from their wives and converge on a fancy resort to indulge in booze, massages, card playing, and high-end escorts.

Nothing else.

Sun, 01/29/2012 - 18:21 | 2108076 DeadFred
DeadFred's picture

Don't forget it gives us great fun in coming up with truly great paranoid theories. There's nothing quite as satisfying as a good paranoid theory. Great fun, thanks Davos!

Sun, 01/29/2012 - 18:27 | 2108090 Poor Grogman
Poor Grogman's picture

Amazing I agree with you for once..


Now back to business..

What are your Davos trading tips ...oh great one.

Sun, 01/29/2012 - 20:50 | 2108302 Ungaro
Ungaro's picture

Davos is a conspiracy of financial terrorists. "Terrorism": engendering abject fear for political purposes. Let's order the FBI to round up every participant and lock them up at Gitmo without a peep from any of them. 

Sun, 01/29/2012 - 21:50 | 2108369 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Geez!  Do really believe that the FBI is not a terrorist organization?!  Wake up and smell the tyranny!

Sun, 01/29/2012 - 17:52 | 2108024 virgilcaine
virgilcaine's picture

WB the tag team davos skiiers are one of ur best..should be made into a commemorative pin.

Sun, 01/29/2012 - 17:53 | 2108027 ozziindaus
ozziindaus's picture

Davos is the perfect example for why the "war on terror" is such bullshit. I mean if fictitious Al-Qaeda were going to pull off a fictitious job for their fictitious cause, wouldn't that be the place to do it?

Sun, 01/29/2012 - 19:30 | 2108187 SillySalesmanQu...
SillySalesmanQuestion's picture

+1    ;)

Sun, 01/29/2012 - 20:45 | 2108291 Ungaro
Ungaro's picture

"Al Qaeda" is Arabic for "Boogeyman".

Sun, 01/29/2012 - 17:53 | 2108028 XRAYD
XRAYD's picture

Angela Merkel is no Rumplestiltskin.

Boy, they seem to have everything but real money with which to build a "firewall" - sort of like making brick without straw. Any wall they build will no doubt burn down.



Sun, 01/29/2012 - 20:49 | 2108299 tom a taxpayer
tom a taxpayer's picture

How much more milk can the old cow give?

Sun, 01/29/2012 - 17:56 | 2108032 Georgesblog
Georgesblog's picture

Building a firewall with paper just builds a bigger Bonn fire.

Sun, 01/29/2012 - 18:01 | 2108040 Caviar Emptor
Caviar Emptor's picture

There was a distinct lack of "WEF Mojo" this year. 

Hehe. Keeping a low profile is the new party hardy for the elite

Sun, 01/29/2012 - 18:13 | 2108065 Doctor sahab
Doctor sahab's picture

World's biggest shirk-a-thon.

Sun, 01/29/2012 - 18:17 | 2108073 mvsjcl
mvsjcl's picture

"...having achieved nothing..."


Or haven't they? Who's to know what they discuss in these closed meetings. Perhaps these meetings are for nothing more than to give the various stage hands and actors the script to the "play," which all must follow when the cameras are rolling. Meanwhile, the "directors" and "producers," the real money players, have other meetings, further away from the glare of publicity. Perhaps we should create a Financial Oscars. Any guesses to the categories and nominees?

Sun, 01/29/2012 - 18:19 | 2108074 Duke of Con Dao
Duke of Con Dao's picture

bitching about Larry, Gordon and Jon is about as useful as bitching about all of those 

NFL coaches that keep re-circulating through the NFL ranks. to quote a guy I once

worked for briefly - Flo-Rida : once you're in da club you're in the club!

Sun, 01/29/2012 - 18:26 | 2108087 fall
fall's picture

Tim Geithner, being the idiot as usual: Just pump more money into stabilisation funds and you'll be able to survive...

Right, as if that isn't exactly what we've been doing all this time while the whole situation only got worse. Real solution right there Timmah.

Nouriel Roubini was probably the only person there who wasn't completely clueless.


And so we go on, not changing anything. All we can do is laugh as they go down, and we will.

Sun, 01/29/2012 - 18:32 | 2108099 mendolover
mendolover's picture

Here is something more disturbing than Soros' eye bags -

Sun, 01/29/2012 - 18:35 | 2108102 Normalcy Bias
Normalcy Bias's picture

The Nazis killed so many good people, yet Soros survived. Oh, the irony...

Sun, 01/29/2012 - 21:47 | 2108362 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Why kill one of their own?!

Sun, 01/29/2012 - 18:35 | 2108104 DutchR
DutchR's picture

So this is bullish right, right?

Sun, 01/29/2012 - 18:56 | 2108132 Caviar Emptor
Caviar Emptor's picture

(Reuters) - Japan's stricken nuclear power plant has leaked more than 600 liters of water, forcing it to briefly suspend cooling operations at a spent-fuel pond at the weekend

Sun, 01/29/2012 - 21:44 | 2108358 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

So what?!  Another round of safe level radioactive isotope level increases will solve the problem!

Sun, 01/29/2012 - 19:05 | 2108145 The Swedish Chef
The Swedish Chef's picture

Has anyone told Roubini about gold this past week? Where are those cocky tweets, douche bag? 

Sun, 01/29/2012 - 19:06 | 2108146 taxi952
taxi952's picture

I think they are trying to make us forget


Sun, 01/29/2012 - 19:17 | 2108153 ElvisDog
ElvisDog's picture

I'm going to open my finest bottle of wine the day I read that fucktard George Soros has gone to meet his maker.

Also, where has Christine Lagarde been spending her time lately? Her tan is fabulous.

And is it just me, or does Calderon come off as being smarter and more competent than anyone in the Obama administration or Congress?

Sun, 01/29/2012 - 19:38 | 2108201 SillySalesmanQu...
SillySalesmanQuestion's picture

I heard that Christine was having a threesome with Sarkozy and Roubini by the pool...

Sun, 01/29/2012 - 19:12 | 2108160 Scalaris
Scalaris's picture

That's a veritable list you have there. 

The fondue dinners must have been legendary.


Sun, 01/29/2012 - 19:27 | 2108177 Atomizer
Atomizer's picture

A IMF firewall has been breached. Repeating citizens, the IMF firewall has been breached. Take cover under your wooden student desk. Wait for further instructions.

French President Nicolas Sarkozy will announce tax rises Sunday, including a hike of 1.6 percentage points in value-added sales tax on goods and services, government sources said




Sun, 01/29/2012 - 19:25 | 2108179 SmoothCoolSmoke
SmoothCoolSmoke's picture

Why are these davos jackassholes so greedy? 


I mean c'mon, how many more millions do these peple need?
Well, if you're true dream (plan) is to have, oh, 30-40% of the 99% suddenly "die off" (while you and yours remain fine), well that's gonna take alot of money to pull off and survive unscathed!
Don't think these fat cats would not love to see the world population "reset" to about 4 billion. More of everything for them..... and all ther money to buy it.


Sun, 01/29/2012 - 19:26 | 2108180 Zero Govt
Zero Govt's picture

"..2600 participants.."

and not a single fuking capitalist amongst the Davos village idiots

Debt Problem? Doh! Dig ourselves deeper in debt yes? Doh! We're all out of other peoples money are we? Doh! Let's simply print, print, print some more yes! Doh!

Christine 'Le Rapist' Lagarde and Tim 'Savings Siphoner' Geithner think we should "build a firewall"?

Yes, between their bankrupt books and getting their greasy hands on pensioners savings and pensions

Sun, 01/29/2012 - 20:15 | 2108190 Zero Govt
Zero Govt's picture

PS. What's Joe 'jobless' Biden doing at Davos? ...I thought he did sweet fuk-all except pompous pious after-dinner speaking!

PPS. Anyone from Iceland invited to Davos to show the State-Banking socialists how to let the shit (them) go to the wall and sort your problems out in under a year rather than fail miserably at problem-solving by propping up the village idiots (see Guestlist at Davos for ref.) and let it drag on for half a friggin decade (or in case of Japan, 2 decades)??

PPPS. Do Davos in-bred Turkeys vote for Christmas?

PPPPS. Is Soros still alive? But, but, but socialism is a screaming failure (again) right across Europe and America... must be suicidal, why not jump out of a window George? .. spread/spend other peoples wealth has failed on 2 continents mate, do the right thing, give the world a break from rich moaning lefties, top yourself (and take Sean Penn with you)

Mon, 01/30/2012 - 04:11 | 2108856 AnAnonymous
AnAnonymous's picture

Debt Problem? Doh! Dig ourselves deeper in debt yes? Doh! We're all out of other peoples money are we? Doh! Let's simply print, print, print some more yes! Doh!


Dramatis personae:
US citizen 1, US citizen 2

US citizen 1: we must go deeper in debt.

US citizen2: huh, you cant go out of debt by taking up more debt.

End of act.

Mon, 01/30/2012 - 04:09 | 2108855 ruffles
ruffles's picture

See? something good -did- come out of Davos!

Sun, 01/29/2012 - 19:27 | 2108183 Waterfallsparkles
Waterfallsparkles's picture

The Bankers and the Economists all want a World Government and World Banking.

Yet, to accomplish this they need to equalize all people of all Nations. That means that the Chinese work for the same Wages as Americans and Americans work for the same Wages as the Chinese. 

At some point all Nations will have to give up their Sovereignty.  To be run and controlled by a Central Government and Central Bankers.

With so many different Cultures and Pride of Country this will be difficult.  Probably more difficult than they thought.


Sun, 01/29/2012 - 19:53 | 2108221 Hobbleknee
Hobbleknee's picture

Did she say "divle up"?

Sun, 01/29/2012 - 20:15 | 2108248 Dermasolarapate...
Dermasolarapaterraphatrima's picture



Elvis sighting at Davos?




Sun, 01/29/2012 - 20:39 | 2108281 tom a taxpayer
tom a taxpayer's picture

A touching moment from Davos 2011: Greece's Prime Minister Papandreou reaches out to Jordan's Queen Rania. Papandreou has the solution to the Greek debt crisis almost in hand.

Sun, 01/29/2012 - 20:45 | 2108290 dust to dust
dust to dust's picture

Damned the fawning journalists. Tough questions must be asked.

Sun, 01/29/2012 - 20:48 | 2108293 Kevlar Akubra
Kevlar Akubra's picture

Who the fuck is Dave?

Sun, 01/29/2012 - 21:45 | 2108360 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

The astronaut from "2001 Space Odyssey" that HAL was pissed at!

Sun, 01/29/2012 - 21:08 | 2108322 WmMcK
WmMcK's picture

Dave is not here, man.

Sun, 01/29/2012 - 21:36 | 2108344 dust to dust
dust to dust's picture

Cheech and Chong. It's all a huge comedy. Davos, Washington DC, EuroZone. Dave is not here, man.

Sun, 01/29/2012 - 21:34 | 2108340 Rynak
Rynak's picture

Oh noes.... teh poor cleptocrats..... we like totally need to rescue their stupidity! Or THE WORLD WILL END (this is not an attempt at extortion at all, You're a being that makes like totally free choices, as long as they're ours).

Shoot em. Chainsaw am. Burn em. Burry em 5km deep out of fear of something worse than nuclear radiation.

Sun, 01/29/2012 - 21:44 | 2108359 Let The Wurlitz...
Let The Wurlitzer Play's picture

I find it funny how the "great minds' and "great industrialist" get together but cant solve the problem of Europes finances.  Now I'm not the brightest bulb in the bunch with my public school edumacation but it all seems real simple to me.  The Europeans should PAY THEIR F'N BILLS !!!!!


Sun, 01/29/2012 - 22:26 | 2108413 Rynak
Rynak's picture

Erm..... oh why did i even start writing a reply to such an obvious divide-and-conquer rethorics post, that elegantly managed to (or not) completely distract from the point.

In other new: Please GFY with a screwstick, mister "this is a national issue, rather than one of multinationals, of whom you shall not think about. After all, if you start blaming entitires that have little to do with nationalities, it may become unfomfortable for us - those who actually rule the world for now."

Sun, 01/29/2012 - 21:56 | 2108381 ThisIsBob
ThisIsBob's picture

I know I speak for many here when I say:

"... and the horse they rode in on."



Sun, 01/29/2012 - 23:07 | 2108483 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Roubini is such a sleazeball.  Button your damn shirt, you ain't in Jersey!

Mon, 01/30/2012 - 00:18 | 2108612 xela2200
xela2200's picture

+1 He had his moment now move on.

Sun, 01/29/2012 - 23:16 | 2108484 ebworthen
ebworthen's picture

I was hoping the Swine Flu would sweep the hotel, or the Fish would be poisoned, or a suitcase nuke would be detonated and rid the world of a large hatch of the parasitic elite who sap the lifeblood from humanity.

They would probably just be replaced by some junior fleas, ticks, and tapeworms though.

No;, the whole world needs to experience a tragic downfall so that it will be another several generations before we let the head lice and bed bugs of humanity control our livelihood again.

Mon, 01/30/2012 - 01:56 | 2108495 Haole
Haole's picture

A "firewall"... yeah...  [Flamboyant Homosexual Parody]Command+P 'round the world bitcheszszsz, Weeeeeee![/Flamboyant Homosexual Parody].  Soros always reminds me of Dr. Breen in Half-life 2.  Hard to believe our world is controlled by these lunatics.  Roubini actually says something of relevance too, wow, a highlight perhaps?   Circle jerk indeed... 

Sun, 01/29/2012 - 23:53 | 2108566 williambanzai7
williambanzai7's picture


Mon, 01/30/2012 - 00:15 | 2108608 xela2200
xela2200's picture

It is amazing that France can produce smart person like Christine Lagarde and a moron like Zarcozy.

Mon, 01/30/2012 - 00:43 | 2108655 Hans Gruber 1962
Hans Gruber 1962's picture

I just moved to Scottsdale Arizona.  Does anyone have a good bullion dealer that they would recommend for this area?  Many thanks in advance

Mon, 01/30/2012 - 00:52 | 2108663 San Diego Gold Bug
San Diego Gold Bug's picture

Hans,  I bought from Apmex for years but I now buy from Liberty Coin & Precious Metasl in San Diego.  They have prices better than Apmex and as good as Gainsville Coins but they are located on the West Coast.  They are also very nice and knowledgeable.  No hard sell form these guys. Highly recommend

Enjoy the great weather in Arizona!!

Mon, 01/30/2012 - 01:56 | 2108751 Sandmann
Sandmann's picture

Davos is Monte Carlo  - Trash with Money

Mon, 01/30/2012 - 02:51 | 2108816 Bloodstock
Bloodstock's picture

Excellent summary Tyler. The Davos surely grab their puds and dance around in glee. We're not all as stupid as they think and that will be their end.

Mon, 01/30/2012 - 07:21 | 2108966 Silver Exterior
Silver Exterior's picture

So the guys(hit men) who robbed(raped) Europe(the people) agree(have agreed a consensus) Europe is left for dead(road kill).

Mon, 01/30/2012 - 09:11 | 2109025 DonGenaro
DonGenaro's picture

My theory is that the world is secretly controlled by a Caterer Cartel.

That explains all these pointless meetings.

Mon, 01/30/2012 - 10:31 | 2109381 Shizzmoney
Shizzmoney's picture

"Larry-”I Lost $1,800,000,000.00 for Harvard Betting on Derivatives”-Summers"

How this guy get paid for speeches, still gets a job, amazes me.  He is the epitome of Epic Fail as a government technocrat......a fat, pathetic loser who can't admit in the mirror he either a) failed and/or b) gamed the system for his personal benefit.

He treats women like shit too.  See: Brooks Barnsley, every single woman at Harvard that he called stupid at math.

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