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Another day another economic forum

The World Economic Forum in Davos has received many column inches in the press but what exactly will we learn and what have we learnt so far?

The initial comments coming from the forum appear to be a repeat of those official statements made by the likes of Gordon Brown and other world leaders who are tackling serious economic unrest in their own country. Gordon Brown is also risking the wrath of the UK public by using the international stage to apparently further his own reputation and his own strategies while leaving the UK economy in the hands of a largely split Labour Party.

Each international meeting, each international get-together and each international statement appears to be a repeat of the last one and each time they are repeated they tend to lose their impact and the attention of listeners. The time for words has passed and the time for action is here although it seems as though EU members as a whole are running out of ideas. Protectionism seems to be the new in-word in political circles with the UK government and the German government warning of the risks of looking inwards in times of trouble.

However, domestic workers in a range of European and worldwide countries would tend to disagree with this fact with many seeing their jobs at risk of being taken over by overseas workers willing to take lower rates of pay.

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