Hi friend,
This week the super-rich are gathering at the small, Swiss town of Davos for their annual exclusive get together - the World Economic Forum.
This includes some of the wealthiest bosses of the biggest private lenders to countries in debt crisis. They will be meeting to discuss what they think “bold collective action” looks like in today’s economy.
The Chair is Larry Fink, the boss of financial giant BlackRock, an asset manager which has made billions out of the debt crisis, alongside others such as JP Morgan and Goldman Sachs. We recently exposed how BlackRock and their clients stand to make $2.1bn from loans to countries in or at high risk of debt distress.
