Tumultuous Times: ‘Political Uncertainty Has Doubled Around the World’ – SPIEGEL ONLINE

“Decreasing economic growth and increasing inequality leads to increased uncertainty. The U.S. and, to a certain extent, countries in Europe as well, have experienced growing inequality within their population for decades — a small group of people own the lion’s share of the wealth. Populists take advantage of this, and their policies are extremely hard to predict. And this has serious consequences. Companies shy away from risk, postponing their investment decisions in times of uncertainty, the stock markets get nervous and unemployment threatens to increase.”

Tumultuous Times: ‘Political Uncertainty Has Doubled Around the World’ – SPIEGEL ONLINE – International
http://www.spiegel.de/international/world/interview-with-stanford-economist-on-political-uncertainty-of-trump-and-brexit-a-1131270.html
via Instapaper

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