I think there are times in history when an impending reality can be so eclipsing --so anathema to the status quo-- that denial is the only available psychological response, especially among those with the most to lose, the so-called elite, our feckless leaders.
I understand the theme of this year's Davos confab is 'Shaping the Post-Crisis World'. Post-crisis? Mid-crisis perhaps? The end-of-the-beginning-crisis? Even the bumper sticker is an exercise in denial. The crisis hasn't been navigated yet. How presumptuous to postulate a post-crisis world until we get there (God willing.) Then the ultimate hidden inference glossed by today's elite: shaped by whom? Of course we know who THEY think the shapers are going to be. Quite possibly we haven't met the shapers. Not yet. And more than likely it ain't Bono. Achtung baby!