‘Survival of the Richest’: Trump’s Chaos Sets Off Rush to Davos

Jan. 18, 2026, 10:00 PM UTC

Gunboat capitalism. MAGA Marxism. Techno-feudalism — whatever you call it, Donald Trump is upending the global economy as it has been viewed from the Swiss resort synonymous with wealth and power.

As Davos gears up for its velvet-rope summit, former UK Prime Minister Rishi Sunak knows from experience what many of the Moncler-clad CEOs, hedge fund moguls and AI billionaires are feeling in their bones.

“The old order is gone,” said Sunak, who led the nation long considered America’s closest ally. “The rules-based system most of us grew up with, that businesses got used to — that is gone. The quicker ...

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