7. Nervous Davos Man
In a priceless metaphor, next week's Davos gathering of global elites will be counter-programming the American inauguration, leading to split-screen images of Donald Trump as the triumphant new president, versus China President Xi Jinping, the first Chinese head of state to attend the World Economic Forum, as the face of globalism.
- Bloomberg Businessweek last night posted, "Davos Wonders If It's Part of the Problem: Did the global elite's devotion to borderless capitalism sow the seeds of a populist backlash?" Ngaire Woods, dean of the Blavatnik School of Government at Oxford University and a frequent Davos visitor, is quoted as saying "The last time that we had a convergence of fear of globalization, fear of economic stagnation and poverty, fear of the international, it was after the 1929 crash … We really have to learn the lessons of the 1930s."