The Davos crowd sold globalization as a way to bring nations together. Unfortunately, by insisting on political conformity, the globalists have set the world on fire.
When the USSR collapsed, it was hoped that Russia would develop a free market economy and respect individual rights. Unfortunately, the situation there is deteriorating.
The Bank of England, the European Central Bank, the American Fed, and the Bank of Japan are all talking a lot about inflation, but none are embracing any real change.
Vladimir Putin (not unlike President George W. Bush) has led his country into a destructive war, yet the Russian political leadership enjoys wide public support.
