Davos 2016 - The Growth Illusion

So these are the assholes ripping the world off. They create and implement policies that increase their personal wealth...not the world's wealth.

We're in a world where we are not sure what the fundamental value of any asset is (including the dollar). - Rajan. And then there was the question of war. The so called conspiracy theorists are not without substance, the talk about the collapse of the dollar. You have the WEF where they're saying exactly the same thing but in a subtle way. BRICS countries have already started trading in their own currencies, that can't be good for the dollar as the reserve currency. IS there any place, website or book, or person i can follow that can really make sense of the world and where we are and what it looks like is going to happen.

One idea I think needs momentum is figuring out how to get Boomers to spend their retirement funds in ways that boosts underlying growth. One major reason why SS (etc.) don't seem to be properly funded is that the way we spend our money has caused wages to stagnate and TFP to drop (while many gains to Total Factor Productivity don't lead to higher wages).

In the end, economic growth is about lowering the cost of a wanted item in real terms. And if the Boomers buy the wrong things, this is much harder to actualize. If they bribe us into burning natural capital for their amusement, we'll do it (we need to get paid). But the odds of society getting ongoingly richer are lower.

I'll be glad when you illuminati fucks are burning in hell

Two simple measures could have prevented the current asset bubbles (and, of course, had they been been place earlier, prevented asset bubbles altogether). First, is regulation that would prohibit any financial institution that accepts government-insured deposits from extending credit for the purchase of land and land-like assets (i.e., those with an inelastic supply, such as the broadcast spectrum). Second, is to encourage those levels of government that raise revenue by the taxation of real estate to move as quickly as possible to a land-only property tax base. Doing would would reward owners of land for bringing the land held to its highest, best use, and, at the same time, dramatically increase the cost of holding land out of use for speculative purposes. As the annual tax on land value approaches its potential annual rental value, land prices will begin to fall, thereby removing a major component of inflation and the rising cost of living or conducting business.

The current structure of taxation imposes huge deadweight losses on economies while rewarding rent-seeking speculation over the production of goods and services. More to the point, taxation today has resulted in rentier-dominated societies, orchestrating an accelerating redistribution of wealth from producers to non-producing rentier interests.

hysterical that the elite are discussing the fix of problems when they engineered the crisis to begin with. erdoes is the moron=her analysis makes no sense.

Another bunch of elite scumbags discussing our future.

Growth is the barren flagpole of megalomania. Growth also attracts the monomaniacs and the monorationalist types too....

Let's have yearly "talks" about the decaying state of this world, keep on doing the same shit, and call it brainstorming. Don't worry, technology, AI, and our governments will save us. We are after all EVOLVED, look how well we have taken care of things.
Let's see... we could base an entire system of life on say... DEBT... having to pay for our existence to the few in control of the resources (of which there are PLENTY for ALL of us, were the powerful few interested in our welfare)
and... we could just pretend the system has ever worked, nevermind always worked, pretend that we haven't just been remodeling a shotgun shack, and throwing shit against walls to see if it sticks.
That's why there's never been intelligent life forms visiting us humans. They know we are the retards of the universe, professing ourselves "evolved", as if our "intelligence" or "awareness of self" didn't get us right the fuck here 2016 CE. Brilliant!

Can we say, Opium for the sheeple people and asleep zombies. Of course, China just dropped the ball, that's why they had to halt trading twice and close they market for more then a week.
Sleep, zombies, Sleep, just as they did not forecast the 2007 collapse, so too just as today, the elite will never tell you when they are going to collapse the markets, that's how they front run on everyone and steal their money.

For those that have any brain cells left, SELL, SELL, SELL, everything and anything you have in all stock markets while you still can (Yes, even 401K's and any other retirement accounts that are in the stock market), use any up swings in the markets to sell your positions and get out of dodge and buy real tangible assets that will help you, your family and others too survive the coming world economic reset collapse.

Digital Technology is booming exponentially and considering GI one can say sometimes THINK THE UNTHINKABE.

I think all the speakers did not understand the root causation due to they are to compare emerging market and established market (especially US market ) like apple to apple.
Banking in the emerging market lend its money with the real underlying and derivative market only several layers to leverage capital meanwhile in US financial and securities derivative market to reach around 40 layers.
Banking in the emerging market more secure and prudential than in the US Banking.
Please recall when US government to be ultimate parent to all big size Banking when 1K Billion USD in the bad mortgage financial sector,.
Furthermore the WEF participants look like dominated with the bad companies, who acting like good companies.
I urge the WEF chairman to reform its application for participant at the WEF

lots of political agenda incentives, either this host and wal street 'journal (position)
is offered the material or written by self which indicatens previous discussion,
multiple attendance to board meetings with various corporation leaders etc.

economics ingrowthe was mostly done by the banks decision, in shorte in this chapters:
- mcdonald loan combo
- reduction to manufactuees by vicious handouts given to welfare recepients (different forms of welfare there are)
- social policies, licensing restrictments, regulations and compliance

overall the 'cheap civilains did it to themselves via non vigurous rebellion or certain solid statements written

reservers of unbacked printed currency from QE around the world.... is that what their depending on?

Best discussion so far. Fantastic panel.

"when there is confidence back in the system" says lady Mary there, just when is that again??????

scaramooche does he do the fandango!....meanwhile The Economist back page this month 2 percent at the most for most nations. one country in asia that makes sox is doing just a bit better. guess the very top does not worry but no more stops to pull to fix it in regular land called "lack of liquidity" as noted by panel.

Is Axle wearing eye liner? lol. If not, he has very beautiful eyelashes.

INFINITE.GROWTH.IS.NOT.POSSIBLE.

Address this fact or you "economic" movers will doom our countries to continued cyclical depressions, and continued wealth inequality. Get your shit together before the people decide to take the power back in the bloodiest of ways.

Davos 2016 - The Growth Illusion

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