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Davos 2015: Less Innovation, More Regulation, More Unrest. Run Away!

Freshly Exhumed writes: Growing income inequality was one of the top four issues at the 2015 World Economic Forum meeting in Davos, Switzerland, ranking alongside European adoption of quantitative easing and geopolitical concerns. Felix Salmon, senior editor at Fusion, said there was a consensus that global inequality is getting worse, fueling overriding pessimism at the gathering. The result, he said, could be that the next big revolution will be in regulation rather than innovation. With growing inequality and the civil unrest from Ferguson and the Occupy protests fresh in people's mind, the world's super rich are already preparing for the consequences. At a packed session, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes. "I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway," he said. Looking at studies like NASA's HANDY and by KPMG, the UK Government Office of Science, and others, Dr Nafeez Ahmed, executive director of the Institute for Policy Research & Development, warns that the convergence of food, water and energy crises could create a "perfect storm" within about fifteen years.

2 of 339 comments (clear)

  1. Re:hedge fund director by Anonymous Coward · · Score: -1, Troll

    You know what else you should run away from? Any large group of niggers! EVerybody knows it is true. Its just not socially acceptable to admit it. BUt when push comes to shove you know you would avoid them. You know it. You will mod me down anyway because that is the socially acceptable thing to do, even knowing what i say is true. Congrats, you are the sheeple, letting the collective do your thinking for you even when you know it is wrong. The health of a neighborhood is directly measurable by the proportion of blacks that inhabit it. Everybody knows it. You might say that is terrible to look good before other people but you know deep down you would not take your wife and small children to a neighborhood that's 85% black and expect to safely raise a family there. You would have some reason to move away, of course it would be "incidental" to the black population but you would find one anyway. Yes, we cannot openly admit it but we all know it is true. This is the insanity of socially defined pseudo-reality. It is why things dont change.

  2. Re:Escaping only helps you until a war. by Anonymous Coward · · Score: -1, Troll

    Wanting 10% of what someone else makes is not greed?