Gideon Rachman seems to be having far more fun at Davos than the far more earnest Nouriel “still doom and gloom in an ever more complacent world” Roubini. Just guessing. I don’t know what Nouriel has been up to. But Gideon Rachman seems to be spending more time with pliffered Bordeaux and Ms. Invest in Germany than, you know, actually attending conference sessions.
Not that I wouldn’t do the same. Me, I have been spending my time updating various calculations on oil exporters’ propensity to consume. Ms. Invest in Germany might want to take notice. The oil exporters are big fans of German goods …