and we're back with dr jacob frankel had a j.p. morgan chase international dr frankel so that the class of people there are hit the most by this economic crisis that turn into social unrest is the middle class in the west and they're saying hey you know we want economic equality because when while while they're being hit by a crisis their lives are getting drastically richer and richer and that's an undeniable fact so do you think what they want this equality will be beneficial from the coble economy let's say we just start this massive anti-trust tax to reach all over the west do you think it's a good thing for the global economy i think that you're bringing a very deep issue which has been in debate for ages among economists the trade off between efficiency and equity how can you ensure. that when you are out helping the society to be more equitable through transfers from the rich to the poor cetera that you also maintain efficiency in the economy so that you don't have you don't cut the trees that gives you the fruits what do i have in mind i'll take it t

all and i ask dr frankel chairman of j.p. morgan chase international. stability is pushing people into.