The gist of the report is that Ajay kapur, head of Global Equity Strategy for Citibank says 'relax, the rich are bailing out the rest of the world economy'.
It shows the incredible disconnect behind the thinking on Wall Street versus those struggling in the less developed world. As Sander's succinctly points out some of the current views expressed "are a formula for war, starvation, ecological disaster and the end of consensual socio-economic politics, that is to say democracy, in the West".
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