Crippling European debt crisis dominates global forum



The world's foremost gathering of business and political leaders wrapped up their meetings Sunday in Davos, Switzerland amid fears that economic turmoil in Europe could spread around the world.

Europe's crippling debt crisis dominated the 42nd annual World Economic Forum which was attended by some 2,500 VIPs including Prime Minister Stephen Harper.

On Thursday, Harper wagged a finger at his European counterparts, urging them to institute hard reforms and accusing them of being complacent about their wealth.

He said Western nations have to decide to pursue economic growth, or risk declining fortunes.


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When the forum opened, its normally upbeat founder Klaus Schwab said he remained a deep believer in free markets but also said that capitalism needs to be fixed "to serve society."

Schwab welcomed critics' ideas of how to fix it — including from the Occupy protesters who had set up a protest camp of igloos in front of Davos city hall.


http://www.cbc.ca/news/world/story/2012 ... unday.html


yea right...see our PM the grand poohpa Harper shleeping it out with the common folk to ask them , "how to fix this"....you want to fix this FIRE all the stupid bankster crooks who put us in the financial jam in the first place and then charge them with fraud...just like any other person in the world...but oh no would not want to upset his biddy buddy croonies...or tell banks to lower credit card interest rates so the joe six pack can still feed his wife and 2.5 kids...