BusinessEconomyFeaturesFinanceGlobal IssuesWorld

The growing problem that could lead the world into a new kind of financial crisis

One particularly caustic attendee described this year’s Davos as a “reunion of losers”.

  • Ben Wright
  • The Sydney Morning Herald

That might seem an odd thing to say given the Swiss mountain resort must have housed the greatest concentration of millionaires and billionaires anywhere on the planet over the past week.

But he was alluding to how tarnished the company brands adorning the shop fronts along the promenade have become over the past year and the extent to which the mood of recent meetings has since proved misguided.

Back in the mists of 2017, Xi Jinping was being hailed as the man who could ensure the…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button