The US could be facing a 2008-style financial crisis. Why does Sunak want to copy it?
TheGuardian
MARCH 9, 2024
A neoliberal Conservative analysis puts the emphasis on tech, innovation and a myth-like entrepreneurial spirit that the UK would do well to emulate. What it ignores is the way the US economy zips ahead on fantastical stock market valuations and off-balance-sheet accounting reminiscent of the years before the 2008 financial crisis.
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