While most people would not term this an optimistic article, optimistic it is because it assumes that the world’s governments will do what they refused to do in the good times, which is take the following advice: "All countries should avoid competitive devaluation of their currencies". In reality it is a race to the bottom for currencies, with no indication that the world’s governments are capable of fiscal restraint.

Video: Trafalgar Square becomes a battleground – Telegraph: www.telegraph.co.uk/news/politics/8409354/Trafalga….html

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