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Roaring ‘20s economic recovery? For some it’ll be ‘Grapes of Wrath,’ top analyst warns

  • Tina Fordham discussed Avonhurst's "VAX Populi" research, which looks at the key risks facing the world's 27 largest economies and their resilience in the wake of the coronavirus pandemic. 
  • She warned that the "post-pandemic socio-economic hangover" would impact elections over the next five to 10 years.

L-R: Dorris Bowdon, Jane Darwell and Henry Fonda on the set of the film "The Grapes of Wrath" directed by John Ford based on the John Steinbeck novel of the same name.Sunset Boulevard | Corbis Historical | Getty Images

The anticipated economic boom following the coronavirus pandemic has been likened to the "Roaring '20s" by some, but a top political analyst has stressed that not everyone will benefit from the bounce back. 

Tina Fordham, head of global political strategy at advisory firm Avonhurst, told CNBC on Friday that she didn't disagree with economists' "very popular characterization" of the expected post-pandemic rebound as the "Roaring '20s." 

But Fordham, who used to be chief global political analyst at Citi, suggested that while some may benefit from this boom — similar to that depicted in F. Scott Fitzgerald's novel "The Great Gatsby" — others could experience something similar to John Steinbeck's Depression-era novel "The Grapes of Wrath." 


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