The Financial Times' (U.K.) Martin Wolf covered Davos and came away with what he calls "twelve propositions" which I take to mean "near-consensus views" held by attendees. Minus his thorough explanations, here they are:
Proposition one: the world is menaced “by the sword, by famine and by pestilence”, as Ezekiel warned.Proposition two: “it’s the politics, stupid”.Proposition three: technology continues its transformative march.Proposition four: the political divides between the high-income democracies on the one hand and Russia and China on the other, are now deep.Proposition five: despite the rise of China, the west, defined as the high-income democracies, is hugely powerful.Proposition six: yet the west is also deeply divided within countries and among them.Proposition seven: over the long run, Asia is likely to become the dominant economic region of the world.Proposition eight: the high-income democracies will have to up their political game if they are to persuade emerging and developing countries to side with them against China and Russia.Proposition nine: global co-operation remains essential.Proposition ten: The rumours of globalisation’s death are exaggerated.Proposition eleven: given the immense political and organisational challenges, the chances that humanity will prevent damaging climate change are slim.Proposition twelve: inflation has been unleashed in a way not seen for four decades.
In considering these - particularly #10 - I'd ask you to remember that the attendees at Davos are nearly all committed globalists. As a conservative nationalist, I understand that alternatives to certain of these views may be preferable.
