Davos 2012: Optimism or crisis fatigue?


I've been thinking about the lessons of this year's World Economic Forum in Davos for Radio 4's Today programme - including excerpts from interviews with financier George Soros and IMF chief Christine Lagarde, among others.

You can listen to my report here.

For full coverage of the Davos 2012 meeting, please go to our special report.

Stephanie Flanders, Economics editor Article written by Stephanie Flanders Stephanie Flanders Former economics editor

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    Comment number 1.

    The epidemic of euro austerity will continue to create the conditions for further sovereign debt problems even if the Greek crisis is laid to rest for many months. Is Portugal the next on of the PIIGS to crash land?

  • rate this

    Comment number 2.

    In the immortal words of Yoda, Do or not do. There is no try. What has needed doing has been blindingly obvious from the outset. Unfortunately our leaders have been in the not do camp for far to long and are only now starting to think about trying. The time is now long overdue for them to actually do !

  • rate this

    Comment number 3.

    This whole event is disgusting. The so-called money and political elite having a jolly time and debating about things hidden away that effects billion of people in the world. Without them having at the same table!

  • rate this

    Comment number 4.

    Only true word spoken is the official who could no longer judge.
    WEST has gone EAST, EAST has gone WEST, dropping some money in the middle.
    No amount of shuffling debits and credits is going turn things around.
    However we will continue in the same way until collapse as in previous depressions.
    Not necessary bring in some wise rules link politician's pay to average pay, individual's need a voice

  • rate this

    Comment number 5.

    1.Watriler Is Portugal the next on of the PIIGS to crash land?

    I found the article below linked to by the Guardian live business blog on Portugal very helpful.

    "Portugal was also cut to junk status by S&P last week. And as economist Shaun Richards warns, the mistakes of Greece are being made all over again."



Comments 5 of 19


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