Posted by: Tom Keene on January 26, 2012
John Gapper, over at the FT, has the best phrase I have seen at this Dithering Davos. It is “this awkward time.” Life goes on five years into crisis. Everything “Big” has access to capital, is up-to-their-eyeballs in cash and is managing expenses to Gross and El-Erian’s New Normal.
But, it is awkward.
There are serious discussions. I have learned things. I have been humbled by the reach of Surveillance, Deux.
I have been led by a set of informed sources that they did not speak in 1912 like they do on Downton Abbey. They were more awkward. As, are we. Discuss.