January 30, 2009
WEF 2009: World economy is sick but what’s the cure?
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My second and final day at Davos. To be frank, there are more questions here than answers. Everyone is agreed that the world economy is desperately sick. The half of the world that saves too much (represented here by the Chinese Prime Minister) blames the half of the world that spends too much (represented here today by Gordon Brown).
What is not so clear is how we unwind these global imbalances without a devastating deterioration of living standards. There is, at least, an emergin…
Source: Business Listings
