[grey_whiskers]

This is just the evaporation of wealth "on paper", phantom gains of the multiplier effect of runaway credit, disappearing with the mists of the night.

One hopes the US will return to the days of basing wealth on tangible items.

But I don't hold out high hopes.

Those post-nationalist traitors mean to subvert national sovereignty -- if they couldn't do it by "well, we're all interdependent by trade, so why have borders at all" then they will try it by "these financial crises demonstrate the need for a trans-national, supra-national economic governing body...like US." (How conveeeeeeeenient.)

Anti Davos Sarcasm Torpedo ARMED. FIRE!!

A real president would rescind executive orders on assassinations and launch a strike on Davos.

...unfortunately, that president is Ahmadinejad.

So, Euroweenies, how's that "negotiation for non-proliferation" working out for you...?

NO cheers, unfortunately.

[dennisw]

A real president would rescind executive orders on assassinations and launch a strike on Davos. ........

That would put a serious dent in the world supply of smart alecs & wise guys...Financial wise guys that is. The con artist biz would also be severely impacted. Is it to much to hope that Jim (China) Rodgers would be there