A Tale Of Three Cities

Stan Honda/AFP/Getty Images; Peter Macdiarmid/Getty Images; ADRIAN BRADSHAW/EPA

Three connected cites drive the global economy

They tend to be an optimistic lot, the bankers and business leaders, politicians and pundits, who every year make their way to the annual meeting of the World Economic Forum in Davos, Switzerland. Those who have power and influence often have much to be optimistic about, to be programmed to lift up their eyes to the hills — of which Davos has plenty — and see more prosperity coming their way.

This year's meeting, which starts on Jan. 23, might be a little different. Thoughts may be in the valley rather than the hills....

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