Nathan Gardels: World Economic Forum Meeting In Davos Confirms Power Shift Away From US...
AP
From Nathan Gardels' Blog:
This year's theme at the World Economic Forum annual meeting -- "the shifting power equation"-- confirms the view of the global elite gathering in Davos, Switzerland that power is draining away from the United States to multiple centers as countries from Brazil to China moved beyond "emerging" markets to establish themselves as major players on the world scene...
...Usually, Davos gets it right because its motto, which might be described as "follow the money, with the conscience trailing behind," pretty much approximates how the world works.
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