In years past it used to be that the Bilderberg Group was worth the time of journalists to break into. But today these elites have nothing to discuss other than saving their skins. At the same time the bobbleheads at the G7 are meeting.
Top of the agenda for both cabals is how to stop China from continued economic development. But completely absent from their strategies is how to out-compete China. They are not interested in the old capitalist mantra of technological innovation. They seem quite happy to trade stock options. Another elephant in their room is the fact that the economy of the majority of countries are either stagnant or in recession. Their future is bleak.
Read Michael Roberts’s Blog in The Next Recession