Tommy Callahan Posted January 16 Share Posted January 16 https://www.cnn.com/2024/01/16/investing/premarket-stocks-trading/index.html New YorkCNN — Switzerland’s skies are ablaze this week with jets carrying business and political leaders, news pundits and billionaires into Davos for the World Economic Forum (WEF), an annual event where the elite hash out the most pressing issues of the year over $150 steaks and $40 martinis. This year, more than 60 heads of state, including Israeli President Isaac Herzog, Ukrainian President Volodymyr Zelensky, French President Emmanuel Macron and China’s second-in-command Li Qiang, will be in attendance. The United States is also sending Secretary of State Antony Blinken, National Security Adviser Jake Sullivan and Special Presidential Envoy for Climate John Kerry. Business executives include Microsoft CEO Satya Nadella, OpenAI CEO Sam Altman, JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan and BlackRock CEO Larry Fink, to name a few. With several major countries approaching pivotal elections this year (half the world’s population is going to the polls in 2024), leaders are concerned about how these events might reshape international alliances and economic policies. Of particular interest are the Republican primaries in the United States and how Donald Trump, who won the first GOP contest of 2024 in Iowa last night, might fare. “It is a threat, it is something that worries people to a great extent, but it can also be perhaps a wake-up call (for Europe),” BlackRock vice chairman Philipp Hildebrand told CNN’s Richard Quest on Monday of Trump’s run for reelection. The WEF’s Global Risks report, published last week, found climate change to be one of the biggest risks facing the world. The report also said that cooperation among global leaders on the issue is scarce. So while leaders will likely discuss the use of fossil fuels and green development, there may not be much agreement. The WEF, meanwhile, said that an increase in extreme weather events, including rising temperatures and rampant floods and wildfires, could lead to a “global catastrophe” within 10 years. Is that why the elites are making bunkers and moving to the seashore? The World Bank said last week that the global economy is likely to slow to its worst half decade of growth in the past 30 years. Without “a major course correction,” the bank said, this will be “a decade of wasted opportunity.” “It’s going to be very difficult to make money,” Nicolai Tangen, the CEO of Norges Bank, which manages Norway’s $1.4 trillion government pension fund and calls itself the world’s biggest single investor in the stock market, told CNN’s Quest at Davos. “I think inflation will be difficult to kill off and we are seeing wage increases in many parts of the world. You see the climate (government actions like the red sea) impacting inflation now, you see transport routes being impacted, geopolitics is not great, so it doesn’t look particularly good,” he said. What does military logistics and use do for the climate? Geopolitical tensions: With conflict in Europe and the Middle East and growing tensions between the United States and China, geopolitics will be another major topic of conversation. Leaders gathered in Davos Sunday to discuss Ukrainian President Zelensky’s 10-point peace plan to end Russia’s war with his country. Zelensky is expected to give a speech later Tuesday and meet with JPMorgan’s Dimon. Israeli President Herzog, meanwhile, will participate in a conversation about “achieving security and cooperating in a fractured world,” with US Secretary of State Blinken and WEF executive chairman Klaus Schwab later this week. The five wealthiest people on Earth have become a whole lot richer in recent years, reports my colleague Tami Luhby. Since 2020, the net worths of Tesla CEO Elon Musk, LVMH CEO Bernard Arnault, Amazon founder Jeff Bezos, Oracle co-founder Larry Ellison and Berkshire Hathaway CEO Warren Buffett have skyrocketed by 114% to a collective total of $869 billion after taking inflation into account, according to Oxfam’s annual inequality report, released Sunday. If current trends continue, the world could see its first trillionaire in a decade. At the same time, nearly 5 billion people globally have become poorer, as they contend with inflation, war and the climate crisis. It would take nearly 230 years to eliminate poverty based on the current trajectory. Link to comment Share on other sites More sharing options...
Tiberius Posted January 16 Share Posted January 16 How much has Trump's wealth grown since 2016? 1 1 Link to comment Share on other sites More sharing options...
The Frankish Reich Posted January 16 Share Posted January 16 1 hour ago, Tommy Callahan said: The five wealthiest people on Earth have become a whole lot richer in recent years, reports my colleague Tami Luhby. Since 2020, the net worths of Tesla CEO Elon Musk, LVMH CEO Bernard Arnault, Amazon founder Jeff Bezos, Oracle co-founder Larry Ellison and Berkshire Hathaway CEO Warren Buffett have skyrocketed by 114% to a collective total of $869 billion after taking inflation into account, according to Oxfam’s annual inequality report, released Sunday. If current trends continue, the world could see its first trillionaire in a decade. At the same time, nearly 5 billion people globally have become poorer, as they contend with inflation, war and the climate crisis. It would take nearly 230 years to eliminate poverty based on the current trajectory. This is a preposterously negative view of world trends. Just Google "extreme poverty rates" - the percentage of people living in absolute poverty and hopelessness. The trend has been down, down, down for decades. There was an upward blip with the post-COVID economic slowdown, but it is trending in the right direction again. Is the "World Order" everything we hope it should be? No. But let's not forget that the liberal (in the old, small "l" sense), free trade-centric, capitalist world order has had a remarkable record of success in the last several decades. People ought to think about that before they call for the overturn of the world order without having any idea of what might follow. 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 16 Author Share Posted January 16 (edited) 7 minutes ago, The Frankish Reich said: This is a preposterously negative view of world trends. Just Google "extreme poverty rates" - the percentage of people living in absolute poverty and hopelessness. The trend has been down, down, down for decades. There was an upward blip with the post-COVID economic slowdown, but it is trending in the right direction again. Is the "World Order" everything we hope it should be? No. But let's not forget that the liberal (in the old, small "l" sense), free trade-centric, capitalist world order has had a remarkable record of success in the last several decades. People ought to think about that before they call for the overturn of the world order without having any idea of what might follow. If it was so, why are they rushing to our border to get asylum? Now for this country and what we vote for. you know. for our representative government. OUR. My eyes must be lying when watching the homeless population grow in front of our faces. Most of us never voted for Clouse, the Devos elites or any of the "World order engineers" you're referencing. they have become way too big for their britches. 1 hour ago, Tiberius said: How much has Trump's wealth grown since 2016? Welp. Him and places like Forbes had him at 10B in 2015, and 2.5B in 2020 What Is Donald Trump's Net Worth and What Are His Assets? (investopedia.com) "As president of the United States, Donald Trump was likely the wealthiest individual ever to inhabit the White House. But his actual net worth remains a matter of debate. In 2015, Trump claimed in a press release that he was worth more than $10 billion.1 In November 2023, the Bloomberg Billionaires Index put his net worth at $3.1 billion, up $500 million since 2021.2 Forbes magazine, however, which has been tracking Trump's wealth for decades, estimated it in September 2023 at $2.6 billion.3" Edited January 16 by Tommy Callahan Link to comment Share on other sites More sharing options...
The Frankish Reich Posted January 16 Share Posted January 16 1 minute ago, Tommy Callahan said: If it was so, why are they rushing to our border to get asylum? Who makes it to our border? Particularly from faraway lands like India or Africa? Is it the 100% destitute, downtrodden, "extreme poverty" masses? No. It's people with some wherewithal to make the journey, pay a smuggler, etc. The fact remains: extreme poverty is down, down, down. And the world economic order, such as it is, made that happen. 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 16 Author Share Posted January 16 4 minutes ago, The Frankish Reich said: Who makes it to our border? Particularly from faraway lands like India or Africa? Is it the 100% destitute, downtrodden, "extreme poverty" masses? https://www.nbcnews.com/news/asian-america/rise-undocumented-indian-immigrants-crossing-us-borders-foot-rcna123874 https://nypost.com/2023/11/04/news/more-than-200k-african-asian-migrants-crossed-us-southern-border-during-ballooning-crisis-data/ you were saying. Link to comment Share on other sites More sharing options...
The Frankish Reich Posted January 16 Share Posted January 16 1 minute ago, Tommy Callahan said: https://www.nbcnews.com/news/asian-america/rise-undocumented-indian-immigrants-crossing-us-borders-foot-rcna123874 https://nypost.com/2023/11/04/news/more-than-200k-african-asian-migrants-crossed-us-southern-border-during-ballooning-crisis-data/ you were saying. And you weren't listening. The extreme poverty measure is set at $2.15 a day. Not an hour. A day. These are people who are largely disconnected from the world economy at large. A little bit more of a connection, a lot more ability to make the journey to the U.S.-Mexico border. That is consistent (not inconsistent) with the fact that more and more people are being brought into the international economy, even though that also brings with it such things as increased illegal immigration. 2 Link to comment Share on other sites More sharing options...
JaCrispy Posted January 16 Share Posted January 16 2 hours ago, Tiberius said: How much has Trump's wealth grown since 2016? How much have my bowels moved in the last 20 minutes ? 😉 3 Link to comment Share on other sites More sharing options...
Tiberius Posted January 16 Share Posted January 16 10 minutes ago, JaCrispy said: How much have my bowels moved in the last 20 minutes ? 😉 Do you get a lot of fibre in your diet? 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 16 Author Share Posted January 16 The left loves the state. the bigger the better. the more involved, the better. Now they seem to have no problem showing their love for the DAVOS folks either. IT really reads like they are just desperate to be in that DAVOS club. 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 16 Author Share Posted January 16 Dark Davos: Escort Services "Completely Booked" As WEF Begins | ZeroHedge What's on the menu this year? Well, The New York Post described: "Caviar, magic mushrooms, gold-leaf desserts, A-list selfies, $2,500-per-night hookers and secret dinners." In a separate report, the French newspaper "20 minutes" sheds even more light into this years' hooker-fest' at Davos: But anyone who wants to book an escort via matching platform "Titt4Tat" in the Davos region, or even in eastern Switzerland, will be disappointed. "All local service providers are completely booked during the WEF week," confirms owner B. Konrad. The explanation: People kept to themselves in Davos, their partners mostly stayed at home. In addition, alcohol and parties contribute to the high demand for his service, according to the co-founder. "Apart from that, there are many customers in Davos who are not price-sensitive and who value the privacy of our app all the more," explains Konrad. In general, it's less about sex and more about the so-called "girlfriend experience", i.e. the pretense of an intimate relationship. "Depending on the customer, a booking takes between four and twelve hours," sex worker Mia May said, adding the cost of her service is about 2,000 francs ($2,340). Aside from unspoken dark Davos nights, WEF is trying to rebuild trust. This comes after populist movements swept across the Western world following political and corporate elites who mismanaged the Covid crisis and pushed failed social and economic policies that have sparked outrage amongst the majority. A symptom of this failure is President Biden's imploding polling data. "We face a fractured world and growing societal divides, leading to pervasive uncertainty and pessimism. We have to rebuild trust in our future by moving beyond crisis management, looking at the root causes of the present problems, and building together a more promising future," Klaus Schwab, WEF's founder, wrote in a statement. We doubt WEF will be close to rebuilding trust as the majority are catching on to these virtue-signaling elites who roll up in private jets and petrol-guzzling motorcades to discuss climate change Link to comment Share on other sites More sharing options...
The Frankish Reich Posted January 16 Share Posted January 16 Davos hooker story: Just do a find-and-replace and the NY Post can use this story again next month! Instructions: - for "Davos," substitute "Las Vegas" - for "WEF," substitute "Super Bowl" Shock journalism is easy! 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 17 Author Share Posted January 17 1 Link to comment Share on other sites More sharing options...
BillsFanNC Posted January 17 Share Posted January 17 1 Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted January 17 Share Posted January 17 23 hours ago, Tommy Callahan said: https://www.cnn.com/2024/01/16/investing/premarket-stocks-trading/index.html New YorkCNN — Switzerland’s skies are ablaze this week with jets carrying business and political leaders, news pundits and billionaires into Davos for the World Economic Forum (WEF), an annual event where the elite hash out the most pressing issues of the year over $150 steaks and $40 martinis. This year, more than 60 heads of state, including Israeli President Isaac Herzog, Ukrainian President Volodymyr Zelensky, French President Emmanuel Macron and China’s second-in-command Li Qiang, will be in attendance. The United States is also sending Secretary of State Antony Blinken, National Security Adviser Jake Sullivan and Special Presidential Envoy for Climate John Kerry. Business executives include Microsoft CEO Satya Nadella, OpenAI CEO Sam Altman, JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan and BlackRock CEO Larry Fink, to name a few. With several major countries approaching pivotal elections this year (half the world’s population is going to the polls in 2024), leaders are concerned about how these events might reshape international alliances and economic policies. Of particular interest are the Republican primaries in the United States and how Donald Trump, who won the first GOP contest of 2024 in Iowa last night, might fare. “It is a threat, it is something that worries people to a great extent, but it can also be perhaps a wake-up call (for Europe),” BlackRock vice chairman Philipp Hildebrand told CNN’s Richard Quest on Monday of Trump’s run for reelection. The WEF’s Global Risks report, published last week, found climate change to be one of the biggest risks facing the world. The report also said that cooperation among global leaders on the issue is scarce. So while leaders will likely discuss the use of fossil fuels and green development, there may not be much agreement. The WEF, meanwhile, said that an increase in extreme weather events, including rising temperatures and rampant floods and wildfires, could lead to a “global catastrophe” within 10 years. Is that why the elites are making bunkers and moving to the seashore? The World Bank said last week that the global economy is likely to slow to its worst half decade of growth in the past 30 years. Without “a major course correction,” the bank said, this will be “a decade of wasted opportunity.” “It’s going to be very difficult to make money,” Nicolai Tangen, the CEO of Norges Bank, which manages Norway’s $1.4 trillion government pension fund and calls itself the world’s biggest single investor in the stock market, told CNN’s Quest at Davos. “I think inflation will be difficult to kill off and we are seeing wage increases in many parts of the world. You see the climate (government actions like the red sea) impacting inflation now, you see transport routes being impacted, geopolitics is not great, so it doesn’t look particularly good,” he said. What does military logistics and use do for the climate? Geopolitical tensions: With conflict in Europe and the Middle East and growing tensions between the United States and China, geopolitics will be another major topic of conversation. Leaders gathered in Davos Sunday to discuss Ukrainian President Zelensky’s 10-point peace plan to end Russia’s war with his country. Zelensky is expected to give a speech later Tuesday and meet with JPMorgan’s Dimon. Israeli President Herzog, meanwhile, will participate in a conversation about “achieving security and cooperating in a fractured world,” with US Secretary of State Blinken and WEF executive chairman Klaus Schwab later this week. The five wealthiest people on Earth have become a whole lot richer in recent years, reports my colleague Tami Luhby. Since 2020, the net worths of Tesla CEO Elon Musk, LVMH CEO Bernard Arnault, Amazon founder Jeff Bezos, Oracle co-founder Larry Ellison and Berkshire Hathaway CEO Warren Buffett have skyrocketed by 114% to a collective total of $869 billion after taking inflation into account, according to Oxfam’s annual inequality report, released Sunday. If current trends continue, the world could see its first trillionaire in a decade. At the same time, nearly 5 billion people globally have become poorer, as they contend with inflation, war and the climate crisis. It would take nearly 230 years to eliminate poverty based on the current trajectory. love it… this is when wealthy elites from all over the globe generate carbon footprints of small countries then opine about how the masses need to suffer austerity to cease their climate impact. 1 2 Link to comment Share on other sites More sharing options...
BillStime Posted January 17 Share Posted January 17 20 hours ago, Tommy Callahan said: The left loves the state. the bigger the better. the more involved, the better. You freaks literally manage women’s reproductive health. How much more involved can it get? 1 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted January 17 Share Posted January 17 41 minutes ago, BillStime said: You freaks literally manage women’s reproductive health. How much more involved can it get? So you're against democracy? 1 Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted January 17 Share Posted January 17 21 hours ago, Tommy Callahan said: The left loves the state. the bigger the better. the more involved, the better. Now they seem to have no problem showing their love for the DAVOS folks either. IT really reads like they are just desperate to be in that DAVOS club. lefties are compromised mostly of aimless sheep looking for a master to tell them what to do and a handful who hunger for the power to be the master authoritarian. 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 17 Share Posted January 17 33 minutes ago, All_Pro_Bills said: So you're against democracy? No, I'm against taking human rights away from women. Try harder. 24 minutes ago, Over 29 years of fanhood said: lefties are compromised mostly of aimless sheep looking for a master to tell them what to do and a handful who hunger for the power to be the master authoritarian. Every accusation is a confession. Go cry more about Rufo generated angst over CRT, LGTBQ and now DEI. Live shot of Over 29: Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted January 17 Share Posted January 17 1 hour ago, BillStime said: No, I'm against taking human rights away from women. Try harder. Your cult is comfortable with democracy as long as it allows liberals to acquire and maintain power. 1 Link to comment Share on other sites More sharing options...
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