Man Flies Family and Two Nannies on a Private Jet to Davos, Where He Says Our 'Lifestyle Expectation

Here's how a Bloomberg dispatch from Davos begins:

World Economic Forum/Annette Boutellier

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."

Three paragraphs later:

Greene, who flew his wife, children and two nannies on a private jet plane to Davos for the week…

[via Lachlan Markay]

Addendum: Whoops! I see Nick already blogged this. Well, here's your chance to talk about it again.

#Davos #Economics