Saturday, April 02, 2016

Pro-globalization trade policies have bad consequencies

PM Lee said that the anti-globalisation policies promoted by the US presidential candidates will pose challenges to the world. Thse candidates are Bernie Sanders and Donald Trump.

The pro-globalization trade policies have been a disaster for the United States and have led to high income inequality, loss of jobs and lower wages. This has not only affected the working class in America badly, it has also resulted in an unstable global economic environment.

It is time to change this bad global economic system. It is time for PM Lee to get into the right side of history.

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