US Treasury secretary tells Oxford Union there has been a rise in anxiety in many countries over the ‘lopsided’ economyLiberal democracy and free market capitalism are under threat unless governments do more to tackle inequality, the US Treasury secretary has warned on a visit to the UK.
Jack Lew called for Britain and the EU to ensure their economies remain “highly integrated” when Britain leaves the bloc. He linked the vote for Brexit to a more general rise in anxiety among people over how economies absorb evolved and the “lopsided” nature of gains. Related: There's consolation in the GDP figures – but it's strictly early days Continue reading...
Source: theguardian.com