Friday , January 24 2020
Home / David Stockman’s Contra Corner
The author David Stockman
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

David Stockman’s Contra Corner

Davos Man—Bastard Progeny Of Keynesian Central Bankers

There are a reported 119 billionaires attending the Davos confab this year—plus (allegedly) the Donald, who took a day off from Impeachment to address this august gathering of the world’s movers and shakers. There is also 1500 private jets crowding the surrounding airports—plus the notable train-traveling 16-year old expert on planetary climate science, Greta Thunberg. […]

Read More »

In The 10th Year, The Almighty (Central Banks) Saw That Davos Man Was Richer Than Ever And Said “Our Works Are Good”

Davos Man is richer than ever…..global billionaire wealth has grown from $3.4 trillion in 2009 to $8.9 trillion in 2017.Central bank actions to fight the financial crisis—record low interest rates and bond-buying programs—have underpinned this ballooning wealth by driving up the prices of stocks and other assets.“ http://archive.ph/zJLAs#selection-5875.0-5879.173

Read More »