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This is a good essay! I do think

A missing piece here, perhaps not subject for WEF, is the toll of bureaucracy on daily life and business activity.

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To more spicy discussions next year.

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Hi old friend, good recap. It seems the Davos bubble has either popped or is rapidly deflating, and I;m thankful for that. The policies have mostly failed, and turns out most of the western world wants more freedom and far less technocratic freedoms. Going forward perhaps Schwab and his acolytes should brag less about infiltrating the governments of the world. The best thing that can happen is that the WEF slowly retreat into being a cute little think tank for global elites to sell SaaS based products and ridiculous ideas to one another, let the captains of industry enjoy their week in the mountains and truly STOP their ridiculous agendas that have been, as you observe, thoroughly debunked and revealed as beyond hypocritical.

If there's even a somewhat fair election in the US--a big question--then Trump will be president and restore some order to the chaos that the so called adults in the room have sown. What a disaster the Biden administration has been, no two ways around it, and their link to the sort of globalist ideas, agendas, coordination (remember build back better? tell it to the german farmers), is a cancer.

The globalists had their moment, they overplayed their hand by a factor of 10, and its being thoroughly rejected from nation to nation.

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Do hope you write about the relationship between private equity and the insurance industry soon...

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Best column so far!

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