Well, howdy there internet people, it's Bow again.

So tonight we're going to talk about the World Economic Forum at Devoes and what they're talking about.

If you don't know what this is, it's basically where the world's brightest economic minds get together

and they talk about the issues they see coming.

They have described this year's forum as talking about the peak decade because a lot of things

that we are used to are going to end.

That's their prediction. Now this really is a let's talk

about it video because I will say I'm not an economist. This is not my area of

expertise. This is something I follow and I enjoy

following. But normally when I make these videos actual economists come along in the comment section and

provide clarification and nuance to what I'm saying because I can give you broad

strokes and not details.

So... So what are they going to talk about at the World Economic Forum? First, tariffs,

they're bad, they're taking a toll. We all knew this. We talked about this on this channel

repeatedly. The Federal Reserve, Princeton and Columbia, recently released a study that found about 100% of the cost of the tariffs

were paid by American citizens, importers and consumers.

There have been so many studies on this that the Wall Street Journal

recently ran an article that said how many of these

studies do we need that was pretty much I think that was actually the headline

how many tariff studies do we need something along those

This is creating worry among them because it slows economic growth and it's

bad for all countries not just the country imposing the

...