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Are you confident that global growth will be restored in 2009?

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Uploaded by on Dec 12, 2008

http://www.youtube.com/davos
Are you confident that global growth will be restored in 2009?
Maria Bartiromo, CNBC invites you to participate in the Davos Debates http://www.youtube.com/davos

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  • We can´t continue growing forever in a world with limited resources so even if we could I don´t think we should restore global growth because that will mean worse problems later.

  • What they call growth is people going into debt.

    Debt is slavery.

    The only thing that's gonna come out of Davos is a tighter economic noose around your neck.

    Don't choke on any stinky cheese.

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All Comments (25)

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  • @StacyDom

    What turned Chrysler around? Fiat! And yes, I would have never believed it either.

  • There is nothing new under the sun. The rich will get richer and the poor will get poorer. Myself, I'm looking at the ground for Pennies and Ketchup packets on the ground.

  • who wouldn't love a piece of Maria? with those lips

  • 70% of the economy is consumer spending. There is ALOT of money out there and if people spent it, We would be better off. Bush put 750 Billion Obama 787 and G-20 1 Trillion.. So the money is there.. it just needs to start flowing.. What can turn Chrysler around?? People buy them.. Want to turn the housing market around?? Buy a house.. Buy a Ford instead of a Toyota.. Watch America get better

  • will the economy turn around in 2009 HAHAHAHAHAAHHAHAAHAHHAHAHHAHAH­AHAHAHAHA

    no!

  • I love these ideas you provide. They make since. I am especially favorable of #2, ensuring that the executives provide/secure sustained growth and value for the company and not just a temporary market spike.

  • a much simpler system compliant with a free economy and competitiveness would be:

    1. All exec bonuses shall be paid in stock. (Hence if your company goes bust, so do you)

    2. Bonuses shall be paid lumpsum for top execs once every five years ( so we know that any bonus is due to genuine growth and not due to bubbles

    )

    3. Bonuses may be converted to cash only when teh exec leaves the company.(i.e. corporate responsibility)

  • Here's a code... CEOs must have their salary restricted to no more than 5 times the amount given to the least paid employee... and a company must be ran in a way where it is forbidden to outsource any manual labor. So if they feel that it's ok to pay $10 an hour then their salary is restricted to $50 an hour. If they raise the minimum salary to $20 then they'd be entitled to $100 p/h That way everybody in the ship rises together and the ship stays afloat

  • if the Davos snob function was worth the "prestige", they would've prevented the economic crisis. instead they spent all that money paying Bono to play for them. Please media, SPARE US!!

  • Damn she is hot and the economy is tapped out and done.

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