Showing posts with label Davos. Show all posts
Showing posts with label Davos. Show all posts

Sunday, March 24, 2019

...You have to remember that there are seven and a half billion people on earth and only about fifteen hundred or so of them are billionaires.  There's a kind of penumbra of rich people—another few hundred thousand—and a twilight zone of merely affluent people whose standard of living and location is basically the extent of their wealth, a kind of geopolitical fortune rather than a bankable one, and then basically everyone else is as poor as hell.

Nick Harkaway, Gnomon

Wednesday, February 29, 2012

Nobody with four Aces wants a New Deal.

From Davos 2012 by way of The New Yorker of March 5, 2012