World is ‘sleepwalking into next crisis’, says UK’s Gordon Brown
World is ‘sleepwalking into next crisis’, says UK’s Gordon Brown
Countries would struggle to work together if another crisis were to strike the world economy, former UK prime minister Gordon Brown has warned.
“I feel we are sleepwalking into the next crisis,” Brown said in an interview with the BBC. “I feel this is a leaderless world, and I think when the next crisis comes – and there will be a future crisis – we’ll find that we neither have the fiscal and monetary room for manoeuvre we had in 2008–09, or the willingness to take that action.”
“Perhaps most
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