#wef2019

Source: Kensington Palace vía Twitter

#Fazza #Davos #wef2019 https://www.instagram.com/p/Bs-bCMqApli/?utm_source=ig_tumblr_share&igshid=hnfezqdu5ikj

#Bono, speaking at the #WorldEconomicForum in Davos, said 7,000 women a week were being infected by HIV (📷: Arnd Wiegmann/Reuters) #WEF2019 #U2 (en Foro Económico Mundial) https://www.instagram.com/p/Bs_ALHqBur5/?utm_source=ig_tumblr_share&igshid=1u6lmm9hoyvmo

Photos: Vorsten

Source: https://m.facebook.com/story.php?story_fbid=1225905894225096&id=280838772065151

Photo. Nu.nl

Every time when we gather here in Davos “the global thinker’s” sort of like push aside or knowingly avoid to relook & discuss about the last to last year or even last year forum’s theme. This gives me a “burrup”!! We need to go back in time to understand how we got here & what caused it? If we fail to do that we are most certainly will be in a ” another crisis ” without knowing how to deal with “This one” BETTER!! Now, coming back to this year theme of “Fourth Industrial Revolution” One thing that I understand from listening to various “global thinker’s” is that “Change is not coming” it is “Happening” Big time!! Strategize R’s from consulting farm’s to board room executive’s are embracing that thought! Investors are even more optimistic about chasing an “another Amazon” or perhaps an “another Apple” with a deep fear of “Missing Out” & in consequence “too much private capital” in the hands of PE’s which are enough even to encourage public tech’s to go back to in “childhood days” ie to become private again! To chase growth ambitions! With “easy money” on the table; Record number of public companies are now buying back their own share’s boosting the price’s of their own tickets this in turn helping investors getting hefty premiums in quarterly basis! By borrowing cheap they are deploying large part of their capital in buyback’s! Add this with the free cash flow which are coming in large numbers after the “U.S Tax Cut” The Short to Medium terms looks GREAT but what happens next? The public market’s around the globe also loosing the “Volatility” so “Hedge Fund” day’s are like GONEEE! Of course here & there when there is a spike in volatility the “Hedge Fund” guys like “Ya Good day’s have come” but Alas!! Again this is also a “Short sell” Event! Now when “Investment Bankers” out of U.S talking about “The Negative interest rate” which might also lands up in the “Freeland” I got amazed! Of course it’s a new phenomena & economist’s & policy makers talks all the time! But this coming out from “banker’s” in a Friday night after work! OK!! This is serious! This will kill the Banks! Ask Japanese Bank’s! They are the latest & largest victims of this phenomena! Now coming back to “forth industrial revolution” This is a Shift ” also “AN Opportunity” to seize for nations which didn’t seen any up to now! Mind you! This is a structural change it’s a capital intensive shift from labour intensive one, it’s about raising the output & productivity which in turn will help the growth rate of the country! For this any nation should have large skilled labour force, great infrastructure, few regulatory hurdles & an Ecosystem! The principles of first industrial revolution might also work just as fine in this case also! To attract capital emerging countries should do deep structural reform! Labour, Financial & Land! Encourage R&D spend is vital. For Asia in particular it is a “once in a lifetime” chance to lead the change!

Late some photo from the WEF 2019 time in Davos. Jrkrimtravel as a driver for VIP 🚌 or Limousine for are guest at the time. Check are Website www.jrkrim.ch or at Facebook jrkrimtravel #davos#wef2019#worldeconomicforum#worldeconomicforum2019#driver#privatedriver#graubünden#schweiz#swiss#swissnes#myswitzerland#travelwithus#traveling#privatguide#guide#tourguide#traveltheworld#snow#sun#vipbus#vipdriver#jrkrimtravel https://www.instagram.com/p/BtqB4hNn52R/?utm_source=ig_tumblr_share&igshid=1qzhxfgpxtue1