Davos Leaders Blame the System

January 30, 2009 at 10:57 pm | Posted in Uncategorized | Comments Off on Davos Leaders Blame the System
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Davos Leaders Blame the System: “Ultimately, the “blame the system” ethos will undermine the spirit of Davos. The notion that large forces—cheap money, liquidity, mispriced risk, inefficient markets—are responsible for success or failure is an affront to Davos Man, who believes that his prominence is due to merit and hard work.”


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