Thursday, January 21, 2016

The Specter of Donald Trump Is Haunting Davos

Va Billy

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If Donald Trump as president of the United States is the ghost that’s stalking Davos, many among the global elite hope he’ll be banished by spring. Others see that as wishful thinking.

“I think the nominees will be Donald Trump for the Republicans and Hillary Clinton” for the Democrats, Donald Baer, a former White House adviser under President Bill Clinton, said at a panel co-hosted by Bloomberg and WPP Plc. “The next year will be a very uncertain, chaotic period.”

The prospect of Trump in the White House is ratcheting up anxiety among the 2,500 business and political leaders gathered at the Swiss ski resort for the annual World Economic Forum. With less than two weeks before voting in primaries gets under way and Trump in the Republican Party lead, those who fear a rise in protectionism and economic mismanagement are speaking out against the billionaire property developer.

More @ Bloomberg

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