Tuesday, June 28, 2016

Imagining the U.K. and the EU Three Years After Brexit - Bloomberg View

Imagining the U.K. and the EU Three Years After Brexit - Bloomberg View



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We are still living in messy 2016, however, and this scenario for 2019 is but one of the two major possibilities for the global economy as it gets nearer to the consequential T junction in the world economy's path that I detailed in "The Only Game in Town." The other outcome, which is equally probable, would be even worse political dysfunction, resulting in a global recession, intense financial instability, greater isolationist policies and worsening inequality of income, wealth and opportunity....

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