Davos

The Three Trump Administrations

Foreign and national defense ministries around the world, as well as embassies in Washington, DC, are struggling to ascertain who is actually in charge of the U.S. government one month after Donald Trump was sworn in as president of the United States. It is a fair question, considering the conflicting statements issuing forth from the White House, State Department, and the Pentagon.

The Game (Theory) Of Trump - "Not Every Tweet Is A Constitutional Crisis"

"It’s the oldest saying in poker, and one I can’t repeat often enough. If you’ve been playing poker for 30 minutes and you don’t know who the sucker is … it’s you. We are - all of us, without exception - being played. That doesn’t mean we stop playing the game, whether it’s the game of markets or the game of citizenship. It means, though, that we resolve not to be the sucker."

The Central Banks Pull Back: Now It's Up To Fiscal Policy To "Save The World"

The reason central bankers are pulling back from their previous "we can do no wrong, we're saving the world" expansion is those policies have failed to bolster the real economy. Even conventional economists who never met a central bank expansion they didn't love are grudgingly conceding that quantitative easing and all the other monetary expansions did little but make the rich richer and everyone else poorer.

Is Soros On The Ropes?

The world once praised Soros as some sort of benevolent 'Santa Claus', who handed out millions for 'good deeds' to one-world government proponents and other starry-eyed utopians. However, the veneer of Soros is wearing thin.

What Is This "Crisis" Of Modernity?

We have an economic crisis - centered on the persistent elusiveness of real growth, rather than just monetized debt masquerading as 'growth'; and a political crisis - in which even ‘Davos man’, it seems, according to their own World Economic Forum polls, is anxiously losing his faith in 'the system' itself.

The 2017 "Davos Consensus" - More Welfare And More Warfare

In short, it’s a bunch of out-of-touch, self-anointed elites meeting to hand down from above their uniformly bad “solutions” to the world’s problems. Then they pat each other on the back for all the good they’re doing. No matter the problem, their prescription is always more welfare, more warfare, more money printing, more taxes, and of course, more centralization of power into global institutions.