CNN CNN Tonight June 4, 2024 05:02:00
But let us move on. how could six weeks ago so horribly wrong? liz truss's is fall from power exhilarated after she introduced trussonomics, a plan for massive tax cuts aimed at the wealthiest britons so that they could create jobs, she said. essentially, trickle down economics. this proposal immediately caused the british economy to implode. just the mere suggestion of this plan. it'sent financial markets into a tailspin, drove the currency to a record low value against the american dollar and push mortgage rates even higher. this is on top of an even pre-existing deepening cost of living cri...