Debate hots up in Davos over the world's financial climate

摘要

Brian Caplen discovers that market responses to concern over climate change, the risks associated with macroeconomic imbalances and the ever-present bugbear of regulation are the issues most vexing the world's financial powerbrokers. In days gone by, the intelligentsia went to the mountains to recuperate from illness. They stayed in sana-toriums where they sat on balconies watching the snows fall while breathing in the clear crisp air. To pass away the hours they discussed the meaning of life and the state of the world, as recounted in Thomas Mann's classic novel The Magic Mountain.