What's Worrying the Davos Elite? Plenty
- Geopolitical concerns took center stage at Swiss event
- `There are too many moving parts' that could threaten economy
Bloomberg Best: Best of Davos 2016
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A polarized U.S. presidential race; question marks over China’s economic management; and a once-dominant German chancellor suddenly under threat.
Those were the flash points that dominated last week’s annual gathering of the World Economic Forum as executives, investors and policy makers fretted about the lack of leadership in a world beset by multiple crises. With the global economy already slowing and financial markets whipsawing, the risk is that an otherwise manageable set of challenges could cascade out of control without a firmer hand from governments.