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January 27, 2005



I have been watching some of the webcasts of the World Economic Forum and they have been very informative. I personally liked the brief webcast on "Does Business Have a Noble Value?". I like the opening comments by Stephen Roach of Morgan Stanley. I didn't really like what he had to say, as I agreed with his analysis of the United States, but that is reality. Interesting also was the survey as to would today's world leaders take responsibility for making tough choices on these issues. 43% said low confidence, 18% said very low confidence. 34% moderate confidence. 4% high confidence. 1% very confident.

Anyway, I encourage you guys to view the webcasts if you get a chance.

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