Bottom Line for Davos Elite: Trump Is Good for Business
- 6 years ago
Bottom Line for Davos Elite: Trump Is Good for Business
Jeff Schumacher said that You’re going to see very bifurcated points of view,
Longtime attendees of the World Economic Forum are prone to discuss —
and sometimes lampoon — the values of so-called Davos Man (and Woman), the quintessential attendee who is at once deeply disturbed by the plight of Syrian refugees, at pains to address climate change and perpetually able to extract new fortune from every situation.
While many here are poised to recoil at Mr. Trump’s arrival — diplomats, heads of state
and members of human rights organizations — much of the moneyed elite who pay the bills for many Davos festivities are willing to overlook what they portray as the American president’s rhetorical foibles in favor of focusing on the additional wealth he has delivered to their coffers.
"It’s had psychological impact with the business community, persuading companies to invest
and hire." Far from an exclusively American view, business leaders from around the world appear to bring this sort of thinking to bear as they prepare for Mr. Trump’s appearance in Davos, where he is expected to speak on Friday.
Raymond Nolte said that If you take away Trump’s Twitter ridiculousness, it’s actually been a pretty good year for the business community,
24, 2018
DAVOS, Switzerland — One could get the feeling that President Trump might not be set for a rousing welcome when
he arrives in this Swiss Alps resort this week to address the annual gathering of the World Economic Forum.
Jeff Schumacher said that You’re going to see very bifurcated points of view,
Longtime attendees of the World Economic Forum are prone to discuss —
and sometimes lampoon — the values of so-called Davos Man (and Woman), the quintessential attendee who is at once deeply disturbed by the plight of Syrian refugees, at pains to address climate change and perpetually able to extract new fortune from every situation.
While many here are poised to recoil at Mr. Trump’s arrival — diplomats, heads of state
and members of human rights organizations — much of the moneyed elite who pay the bills for many Davos festivities are willing to overlook what they portray as the American president’s rhetorical foibles in favor of focusing on the additional wealth he has delivered to their coffers.
"It’s had psychological impact with the business community, persuading companies to invest
and hire." Far from an exclusively American view, business leaders from around the world appear to bring this sort of thinking to bear as they prepare for Mr. Trump’s appearance in Davos, where he is expected to speak on Friday.
Raymond Nolte said that If you take away Trump’s Twitter ridiculousness, it’s actually been a pretty good year for the business community,
24, 2018
DAVOS, Switzerland — One could get the feeling that President Trump might not be set for a rousing welcome when
he arrives in this Swiss Alps resort this week to address the annual gathering of the World Economic Forum.