They still don't get it

The not so great and the anything but good are meeting in Davos for their yearly get together. Rudderless and without ideas they bleat their perennial mantra of growth.

One simpleton says, "By 2030, 4.8 billion people will be middle-class... And once people are in the middle class, they start to consume and drive economic growth."

Notwithstanding my hatred of the word "middle-class", the world, as is, can barely cope with the current crop of "middle-class" dimwits consuming their way to oblivion.

Add billions more to the equation and you have a global disaster on your hands with dissatisfied people, famine and civil war. Everyone wants to live like an American but barely half of Americans manage it so what hope the rest of us?

BBC - Davos 2012: Setting the gloom level to 11

No comments: