The mood in government has definitely changed. Boris Johnson has decided that we will eschew the Davos summit.
Boris Johnson has banned ministers from the Davos summit this year in a bid to shed the Tories’ reputation as the party of billionaires.
The Prime Minister and his top team will not attend the annual economic forum in Swizerland, which attracts the global elite.
This is not a bad thing. This merely crony capitalism in action after all. A devil’s brew of the elite who seek to engage in wooing the various heads of government. The epitome of globalism. Ultimately a global cartel.
The Davos summit may well be a get together of the global elite, but there is little of value from it that benefits the ordinary taxpayer. It is at places such as this that the various national leaders get together and stitch us up. They are, piece by piece forming a cartel whereby they aim to keep up taxes and attempt to close any loopholes and tax havens. Meanwhile, there are complaints from the left about a potential Singapore-on-Thames. A potential fracture in this cosy global cartel, a rogue nation that might just undermine the high-tax agenda. A post Brexit Britain.
Tax havens are a good thing. Without them, the cartels can continue without any competition. So, if not attending Davos really is a start to a low tax economy that forces tax competition on the globalists whether they like it or not and brings inward investment to this country, then there is cause for cautious optimism.
Either way, I see this as good news.