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A good wine needs time to mature to bring out its full-bodied flavor. So it seems to be with Bill Clinton, who as one writer said, ‘Rode into the World Economic Forum as a lone voice.’ His was the only positive voice in the entire Forum.
In the midst of this year’s doom and gloom of the WEF, Clinton was almost an ‘on-the-side’
Accusing voices were sharp, and fingers long and pointed, as America was singled out as the cause of the global financial crisis, when world leaders gathered at the WEF. Both the Chinese and Russian leaders fervently pointed out America’s faults, at every possible opportunity, with great deligh. However, in enthusiastically blaming the USA, they forgot that when one finger points accusingly forward, three other fingers point back at themselves. Nobody in this world financial chaos can say they are completely innocent.
Bill Clinton’s charismatic figure soared through the deathlike gloom like a superstar. From the first few moments of his special plenary session with Klaus Schwab, the original designer of WEF, to his public spirit-boosting talks and full agenda of private meetings with foreign dignitaries, Clinton shone. He steadfastly accepted the United States role in the current situation, without question. However, when referring to the cutting words which the Chinese prime minister Wen Jiabao had served to the forum, Clinton was adamant that, “China must continue subsidizing the United States budget and trade deficit in order to preserve its own vital export industries". He continuously encouraged everyone to, “Give people confidence by showing confidence. Don’t give up. This is still a good time to be alive”.
Clinton went on to say that, “Global interdependence is more important than anything else in the world today. We cannot escape each other. Divorce is not an option.” It was up to every nation to take a share of the guilt.
Among Clinton’s private meetings there was scheduled a 90 minute talk behind closed doors, with the Russian Premier and former prime minister, Vladimir Putin. Neither man would give any indication as to the content of their discussion.
WEF, inaugurated in 1971, is an annual get together of prominent world leaders. Their aim is to globalize the world, politically, economically and socially. These influential men and women have, however, found their financial value and moral credibility vastly decreased in the light of the near worldwide financial collapse.
On the home page of the World Economic Forum website, the highlights listed China’s Prime Minister Wen Jiabao, as saying, “China’s economy is showing signs of early recovery, late last December, even though they are only small signs".
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