Update: Russian DFM: ‘We Will Eat Cake!’
Shuvalov, who is believed to be one of the richest men in the government, said that what he considers the West’s attempts to oust Putin will only unite the nation further.
“When a Russian feels any foreign pressure, he will never give up his leader,” Shuvalov said. “Never. We will survive any hardship in the country — eat less food, use less electricity.”
Shuvalov’s comments triggered pithy remarks on Russia social media including an opposition activist who posted photos of Shuvalov’s Moscow, London and Austria homes to illustrate where the deputy prime minister would experience the hardships he described.
Is this a unofficial theme for the I-Don’t-Fly-With-The-Unwashed class?
Billionaire Jeff Greene, who amassed a multibillion dollar fortune betting against subprime mortgage securities, says the U.S. faces a jobs crisis that will cause social unrest and radical politics.
“America’s lifestyle expectations are far too high and need to be adjusted so we have less things and a smaller, better existence,” Greene said in an interview today at the World Economic Forum in Davos, Switzerland. “We need to reinvent our whole system of life.”
But don’t expect Greene to be the change he wants you to be:
Greene, who flew his wife, children and two nannies on a private jet plane to Davos for the week, said he’s planning a conference in Palm Beach, Florida, at the Tideline Hotel called “Closing the Gap.” The event, which he said is scheduled for December, will feature speakers such as economist Nouriel Roubini.