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Populism Is Waning, Which Is Reason to Party in Davos

2018-01-22 0 Dailymotion

Populism Is Waning, Which Is Reason to Party in Davos<br />“The global economy looks to be on a solid footing, with global growth in 2018 expected to be the fastest since 2011.”<br />For Davos participants, who tend to enjoy a self-congratulatory worry about sub-Saharan Africa in between mindfulness training, a simulation of life as a Syrian refugee<br />and an economic rationale for low taxes, these are comforting times to be alive.<br />But this year the champagne may be flowing even more freely than usual in the Swiss Alps resort of Davos, owing to a turn in the global situation pleasing<br />to the sorts of people who make the annual pilgrimage — heads of state, corporate chieftains and those who manage extraordinary piles of money.

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