Dearlove says Russia's GDP roughly equals Italy's, ranking thirteenth or fourteenth globally with weak industrial base.
“Russia, in fact, now has more or less the GDP of Italy, somewhere around thirteenth or fourteenth in the world. And it has an aging population. It has a very weak industrial base.”
Dearlove notes Ant's $34 billion flotation beat Aramco, illustrating Western-Chinese economic integration.
“two days ago, the Ant payment system, Jack Ma's company that controls massive payment system across the whole of China had a flotation and those of you who follow these things will be aware that it actually beat Aramco in terms of the value of the flotation, $34,000,000,000 was raised”