I'm so proud of my president for taking a strong stand against needless carbon dioxide emissions. All of the Davoisie, who claim to be so concerned about global warming, unleash a thousand Climate Hiroshimas into the air to jet to Switzerland so they can be away from their spouses and have sex with prostitutes and gay waiters/actors.
Niall Ferguson reports from the Orgy of the Oligarchs, and says that privately, the Davoisie crowd is bullish on Trump and America.
But, he warns: Davos Man is always wrong.
This year, everyone here is bullish on MAGA. That's your cue to take the other side of the trade.
By Niall Ferguson
DAVOS, Switzerland -- Eight years ago, Davos Man mocked Donald Trump. Five years ago, he despised Trump. But in 2025, the mood at the World Economic Forum has completely changed.
The great American vibe shift has made it to Davos, and the European business elite badly wants a piece of it. Two days of trudging up and down the Promenade--the main drag of the Swiss ski resort town where the WEF is held each year--were enough to convince me of that.
True, the WEF propaganda remains fixated on Environmental, Social, and Governance issues, and, of course, Diversity, Equity, and Inclusion--the familiar, woke-globalist acronyms ESG and DEI, now supplemented with AI. The corporate billboards still burble their word salads about resilience and sustainability. But talk to the chief executives and a very different picture emerges.
True, the WEF propaganda remains fixated on Environmental, Social, and Governance issues, and, of course, Diversity, Equity, and Inclusion--the familiar, woke-globalist acronyms ESG and DEI, now supplemented with AI. The corporate billboards still burble their word salads about resilience and sustainability. But talk to the chief executives and a very different picture emerges.
Almost everyone at Davos is long U.S., short EU. The trouble is that the Davos consensus is nearly always wrong. I still remember the way it was five years ago. It was clear to me--and I told everyone who would listen--that a global pandemic was underway. But what was the dominant topic on the agenda of the World Economic Forum? That's right: climate change and how morally superior Greta Thunberg was to wicked Donald Trump. So, if Davos Man is, despite his qualms, long America and short Europe, that might be your cue to take the other side of the trade.
Well Davos Man can't always be wrong. Can he?
Trump told the head of Bank America, and Jaime Dimon, head of Citibank (I think), to stop debanking conservatives to their (virtual) faces: