This has been a week of regrouping and planning for the future, all around the world. On the home front, President Obama gave his State of the Union address on Tuesday night. On a global scale, the annual World Economic Forum in Davos, Switzerland is in full swing.
President Obama’s message was mostly positive and directed toward everything he'd like the country to do in the future—despite cries from opponents that he hasn’t accomplished much since he’s been in office and that his State of the Union address sounded a lot like a campaign speech. (Here’s what he said and what it means for you.)
In Davos, the conversation has been dominated by the European debt crisis, and the tone is gloomy. In particular, this year’s theme is “The Great Transformation: Shaping New Models,” and some top economists are arguing that capitalism in its current incarnation is broken. There are 70 billionaires among the Davos attendees, and even they have acknowledged the need to solve the issues presented by the world’s growing income inequality.
Oh, right, and Occupy protesters have built igloos nearby to protest.
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Image Credit: Flickr/World Economic Forum