Comments on: Davos at a distance http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/ Mohamed Mondays Mon, 30 Mar 2015 23:53:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: stevensalmony http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-416 Tue, 24 Jan 2012 11:08:06 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-416 Humankind is presented with an incredible and unprecedented situation. We are spectacularly successful at doing something potentially ruinous of all we claim to be protecting and preserving by ever increasing natural resources exploitation and continually increasing food production. Stupidly we hold fast to a wicked delusion that, if we do NOT do these things, a catastrophe will follow. This upside down, delusional thinking is leading us to precipitate a disaster of some unimaginable sort because the continuous exploitation of limited resources, including continually increasing food production to feed a growing population, is precisely what is actually causing humanity to careen toward a colossal global ecological wreckage.

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By: bgamall http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-415 Mon, 23 Jan 2012 14:29:06 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-415 Davos wanted to double debt in 10 years. Yes, I mean world debt. And that was in 2011.

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By: ronaldmfree http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-413 Sun, 22 Jan 2012 09:38:42 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-413 I respectfully disagree with Dr El Erian. I will attend my 15th WEF annual meeting at Davos, this week. Every meeting has generated new opportunities, new ideas, new contacts. Then, it’s up to me to follow through, to turn Davos contacts into lasting business relationships, even friends and to execute the ideas and opportunities. Dr El Erian recommends more exclusivity, i.e., fewer participants. No. Intelligence and insight is not limited to the prominent. He suggests WEF is responsible for idea implementation. No, again. Its up to the participants. A responsibility I have long and profitably accepted.

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By: Talleyrand02 http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-412 Sun, 22 Jan 2012 04:30:51 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-412 Davos is networking, it’s where politicians can officially meet with their paymasters, it’s where wannabes and slimey fake businessmen run aroundtrying to sell themselves. And it’s full of something that rhymes with pull grit. The WEF does do some decent research, but it is a business enterprise, let us never forget that. The statistic I would like to see is how many jobs did those billionaires eliminate in the past 5 years.

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By: badartist http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-411 Sat, 21 Jan 2012 22:45:53 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-411 How interesting that the issues of this “financial power thinker” lollapalooza…are exactly the same issues as the “Occupy” movement.

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By: Intriped http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-410 Sat, 21 Jan 2012 08:16:08 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-410 Excellent points.

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By: BhayuPur http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-409 Fri, 20 Jan 2012 15:23:42 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-409 Developing Countries need to watch the WEF closely to learn the mistakes of the industrial countries avoid those mistakes to their country and be brave to do the opposite on what came out on the forum.

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By: rissey http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-408 Fri, 20 Jan 2012 13:29:16 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-408 WEF at Davos – an extraordinary event that produces absolutely nothing of economic value. In fact, all the preceding meetings running up to 2008 did not foretell the mother of all destruction in the financial world. Instead, its all surreal make believe that the world needed esoteric financial gambles. Countries that participated in these meetings were all sucked in by the leadership of connected well being – primarily lemmings. So much, for world leaders.

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By: joebhed http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-407 Fri, 20 Jan 2012 00:45:35 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-407 Not much of an agenda from Mr. El-Erian.

If the Davos monied and powered elite will simply agree to change the nature of the discussions from “what can we do?” to “who’s doing what?”, and with an accompanying sine quo non commitment to something called collaboration in doing whatever that is, and being, of course, conducted and enforced as is necessary, then Mr El-Erian might attend his first session of the New Davos.

Mayhaps the problem is that the many years of discussions have not provided the necessary solutions because of the reality of the moment, which is that the monetary systems of the world’s national economies are essentially insolvent.

And we do need a new way out.
Mr. El-Erian would like to do the job of the JP Morgan of today. Only much more sophisticated.

I somehow doubt that his solution will be much different than other investment bankers.

The problem is the money system.
It is based upon un-payable debt.
Were the money system not debt-based, then we could have more money, or a higher quantity of the national circulating media to provide exchange of commerce, without more debt.

Can we have money without debt?

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By: Parker1227 http://blogs.reuters.com/mohamed-el-erian/2012/01/17/davos-at-a-distance/#comment-406 Thu, 19 Jan 2012 23:32:30 +0000 http://blogs.reuters.com/mohamed-el-erian/?p=158#comment-406 This is the time in Davos for beautiful young women to hit the ski slopes (and heated whirl pools and saunas), and (literally) run in to some millionaire captain of industry.

And, I’ll bet WEF is better than Christmas for the high-end escort services.

Money, money, money.

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