The rachel reeves theory of growth
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Britain | A mountain to climb THE RACHEL REEVES THEORY OF GROWTH THE CHANCELLOR SAYS IT’S HER NUMBER-ONE PRIORITY. WE ASK HER WHAT THAT MEANS FOR BRITAIN SPEAK TO the world’s financiers
assembled at Davos this week, and Britain rarely comes up. When it does, the mood is hardly complimentary. One banker remarks on how many millionaires have recently left the country. Another
financial executive says that Brexit has shrunk the investor base. Others raise a comment by Ray Dalio, a billionaire, who warned on January 21st of a “debt death spiral” in Britain if
public spending is not reined in.