‘The world is sleepwalking into a financial crisis’ – Gordon Brown

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‘The world is sleepwalking into a financial crisis’ – Gordon Brown

Former PM delivers scathing analysis of how the problems of 2009 remain unresolved

A leaderless world is sleepwalking towards a repeat of its near meltdown in late 2008 and early 2009 because it has failed to remedy the causes of the financial crash of a decade ago, former prime minister Gordon Brown has warned.

Britain’s leader during the period when the collapse of the US investment bank Lehman Brothers put every major bank at risk, said that after a decade of stagnation the global economy was now moving into a decade of vulnerability.

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