The entire world has sent its pertinent luminaries to Davos-Klosters, Switzerland to talk and talk and talk and talk and when the talking is finished the luminaries will pack their bags and return home, to what was going to happen anyway before they left, to what was inevitable even if they were not born. In light of the participants’ academic and related credentials it is an astounding mix of important nobodies who somehow believe that by having something to say and a name badge, by seeing their name on a roster and hearing that they are both recognized and acknowledged by those whom all participants consider distinguished and important, they have helped to achieve the motto–that “economic progress without social development is not sustainable, while social development without economic progress is not feasible.”
Perhaps Marvin Shur would have been impressed that such luminaries were meeting in luxurious settings to talk about the very things that killed him and perhaps the world’s people, increasingly fearful over what is coming, will be grateful that a roster of such important and superbly educated people have met and talked about the world’s economic problems and challenges.
I do not think either is very likely. The only ones who really benefit from these sorts of things are the people involved, their egos and their sense of achievement even if distorted and fanciful, and those whom the people involved spend money with–the motels, diners, bars, stores, and the like.
Nonetheless, what are they saying in Davos this morning? Andrew Ross Sorkin’s “Deal Book,” DAVOS DIARY 2009. By KATRIN BENNHOLD
“As if the current crisis wasn’t bad enough, one workshop on Wednesday looked at all the other crises that could be lurking around the corner.”
“A nuclear terrorist attack: “Quite plausible,” remarked one panelist.”
“A nuclear arms race: “We have been sleep-walking,” sighed another.”
“Widespread protectionism: “The liberal economic order is flying on autopilot as we’re flying into the biggest financial storm,” argued a third. “How can we be confident that we will not crash?”
“Other scenarios that were bandied around included more confrontation with Russia; a full-blown trade war between the United States and China sparked by careless sparring over the level of the Chinese currency; and more genocide in Africa.”
AND …
“What’s endemic to financial crises is that the rate at which we innovate is greater than the rate at which we learn from them.”
“In other words, the next round of financial innovation is bound to lead up to another financial crisis.”
“The sole consolation: It probably won’t happen for a while.”
I will get back to you on the content of Davos as it progresses. Yet I am telling you at the outset that this lavish parade of those who believe in their own superiority over the world they talk about will produce only one thing: Nothing. Absolutely nothing. Not even a post script on the final result of a world that is truly headed for the end-of the-rails reality everyone knows is down the road somewhere, even though nobody knows precisely when. Train wreck. Coming soon. Like the Titanic’s fateful voyage into history, we have a lavish party and all spread out is the luxurious mirage that is status in our warped and senseless world order, and just ahead is the ice berg that makes it all utterly without value. The reason why is because nobody at this conference has any steering wheel to turn the ship away. Nobody does. It does not even exist for mankind to steer the ship now headed for the ice and certain disaster on the seas of mankind.
Get out your life jackets while you still can. The economic ship is going down. Tallking about it will alter nothing except prove how futile man’s efforts have always been to do what only God can do–govern.
Davo is a monument to the stupidity of mankind and to his arrogance and pride. It is like the Red Carpet of Hollywood. Dazzling white silk and all the trimmings. L:avish beyond compare. Is it any wonder those living so lavishly forgot the whole world they talk about?
(Isaiah 19:11-15) “The princes of Zo´an are indeed foolish. As regards the wise ones of Phar´aoh’s counselors, [their] counsel is something unreasonable. How will YOU men say to Phar´aoh: “I am the son of wise ones, the son of kings of ancient time”? Where, then, are they—the wise men of yours—that they may now tell you and that they may know what Jehovah of armies has counseled concerning Egypt? The princes of Zo´an have acted foolishly, the princes of Noph have been deceived, the keymen of her tribes have caused Egypt to wander about. Jehovah himself has mingled in the midst of her the spirit of disconcertedness; and they have caused Egypt to wander about in all its work, just as someone drunk is made to wander about in his vomit. And Egypt will not come to have any work that the head or the tail, the shoot or the rush, can do.”
(Isaiah 47:12-15) “Stand still, now, with your spells and with the abundance of your sorceries, in which you have toiled from your youth; that perhaps you might be able to benefit, that perhaps you might strike people with awe. You have grown weary with the multitude of your counselors. Let them stand up, now, and save you, the worshipers of the heavens, the lookers at the stars, those giving out knowledge at the new moons concerning the things that will come upon you. Look! They have become like stubble. A fire itself will certainly burn them up. They will not deliver their soul from the power of the flame. There will be no glow of charcoals for people to warm themselves, no firelight in front of which to sit down. Thus they will certainly become to you, with whom you have toiled as your charmers from your youth. They will actually wander, each one to his own region. There will be no one to save you.”
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