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Feb 12, 2019

Mark Carney drops Project Fear as he talks up free trade potential of Brexit

Tim Wallace 12 February 2019 • 3:31pm

Britain could lead the world into a new era of democracy and free trade, using the Brexit revolt against the establishment as a springboard to making the global order more cooperative, accountable and prosperous, according to the Governor of the Bank of England.
The current system of global trade has key flaws including wealth and income inequality, a lack of democracy and trust, and serious financial imbalances, Mark Carney warned on Tuesday.
However, in a sharp departure from the Governor's "project fear" warnings of the past three years, Mr Carney said Brexit has the potential to address these issues and provide the opportunity to create a new way of running the world.
“In many respects, Brexit...

Source: The Telegraph

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