I just made a post joking about potential headline changes, and Bloomberg one-ups me. The current headline, Roubini Sees Global Gloom After Davos Vindication. I don’t know for certain, but I think this is the article that had the brief headline along the lines of “Davos Delusional after Trillions in Losses.” It was a pretty stinging headline, and I was going to link to it to illustrate that Bloomberg does, from time to time, represent broader perspectives. The headline is gone now. Of course, if you consider that Bloomberg makes a lot of money from their terminals, and their largest clients are all in Davos acting delusional, it was probably a prudent decision.
Oh, and it’s a pretty good story.
UPDATE
Nuts, here it is: Davos Delegates in ‘Denial’ as $25 Trillion of Wealth Vanishes. Apparently I was delusional. FYI, this is also a good article.
