Davos 2012: You’ve Been Warned

It looks like Davos 2012 – a massive meeting of the world’s ‘official’ leaders – will test the waters with reforms of ‘outdated’ capitalism.

Is this an admission of the failure of the world’s economic intellectual ‘powerhouses’ to develop a real and functional economic system that doesn’t pit man against man, man against nature, and so on?

Pundit George Soros has already called it and you can now consider yourself warned:

• As he sees it, the world faces one of the most dangerous periods of modern history—a period of “evil.”
• In America he predicts riots on the streets that will lead to a brutal clampdown that will dramatically curtail civil liberties.
• The global economic system could even collapse altogether.
• We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression.

Socialism, then?

Fascism, more likely.