Posted on 01/20/2016 12:02:23 PM PST by TigerClaws
Confidence is at a low.
The Davos man is, once again, less confident than he was a year ago.
Only 27% of CEOs around the world think the global economy will improve in 2016, according to a new survey by PricewaterhouseCoopers. That was down from 37% a year ago; confidence peaked 2014 at 44%. The accounting and consulting firm released the survey of more than 1,300 top executives on the first official night of the World Economic Forum, the global confab held each year in Switzerland.
(Excerpt) Read more at fortune.com ...
If you think they’re scared now, wait till Vice-President Warren is rounding them up for televised public floggings. Live from Yankee Stadium.
Judging from the news, anyone affiliated with "The Establishment" is running scared.
Good. They ought to be terrified. Main Street is ready for a war with the "Establishment."
Whether the world likes it or not, the United States is the locomotive that pulls the world’s economy. 0bama put out the fire in the firebox on that engine, and now the world’s economy is grinding to a halt.
Where are they running? Questions one ponders?
One must ask if the current President Obama is giving a BETTER economy to the next elected President than the one he supposedly received.
Good attitude. I’m a CEO of a medium sized company. I too am scared - scared for the well being of my employees, my vendors, my customers, myself, my shareholders.
When did FR before home of anti-capitalist, Bernie Sanders type? Between this and the complete breakdown of civil discourse between Cruz and Trump supporters....
My anger is directed at the UniParty in DC, and the crony capitalists on Wall Street that have run roughshod over good people on Main Street.
That's a bit general, I know.
What really gets under my skin are those who don't take their leadership responsibilities seriously. I earned my spurs in a variety of leadership positions in the Army. Everything my unit did, or failed to do was my responsibility. That ethos has faded badly over the past 30 years. Now it's seen as just another form of "white privilege."
I've worked for many amazing people, and I've worked for some real ascheloches. I did two stints as a small company controller. Both times, I worked 60 hours a week to bring their financial systems back from the brink. About the time I was able to breathe, and move to the next level, "Management decided to go in a different direction."
I saw that happen with numerous CPA friends...that's the career I chose.
OTOH, I had some amazing roles doing contract work, such as six months with a well known, national restaurant chain that's publicly traded (hint: the main character is a Rat, and small kids love to have parties there), where I handled a tax program conversion, and prepared all of their federal, state, and local tax returns (NYC alone was over 350 pages). Unfortunately, they had a full staff, and the tenure in their tax department was about 17 years.
I then worked for the FDIC for nearly five years, where I was involved with just about every one of the 500 banks that were closed. My bosses gave me the freedom to use my experience and initiative to do my job better.
Sorry for the rant, but I'm not scared, I'm pi$$ed. Not at you, of course. I'm full of quotes from Rand/Atlas Shrugged, such as "you can avoid reality, but you cannot avoid the consequences of avoiding reality."
I'm not perfect, and have been noted for being abrasive and a PITA. Sometimes, that's what happens when you're in a leadership position.
Thanks for the opportunity to rant. I wish you the best.
PS, I'm not worried about the Trump/Cruz "feud". I think it's a show they're putting on to suck all the available airtime from the establishment candidates and the Democrats.
One other thing: when the SHTF, I was told “that’s why they pay you the big bucks.” Even when I was a 2nd LT making the princely sum of $666 a month. lol
We're not.
We just aren't fooled anymore by crony capitalism and corrupt business leaders that:
1. will literally sell their own mother into slavery to increase their stock price by .01%
2. are demanding entry to millions of illegals from 3rd World Countries that will destroy our civilization, but will work for pennies.
3. have completely sided with the liberal Democrat party
4. have completely rigged the stock market with high frequency trading and blatant stock price manipulation
5. preach "free trade" and "free markets" but are firing American workers and bringing in H1Bs to work for pennies, or just using illegal aliens.
The list goes on.
We like capitalism. We just don't like liberalism, lies, and corruption.
Never sent them a dime.
fortune is not a creditable source
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