Skip to content

CNBC: Niall Ferguson On Brexit And 2020


Niall Ferguson says the analogy of Brexit being an expensive divorce has played out, but that it now also feels like a student asking a professor for an extension on their paper.

He isn’t particularly optimistic about the EU saying, “I don’t think the future of the European Union is especially bright without Britain.”

Ferguson, a senior fellow at Stanford’s Hoover Institution, goes on to explain how the issues of immigration and the lack of a fiscal union are making the EU “sick”.

Niall Ferguson, a senior fellow at the Hoover Institution, says he thinks a recession in 2019 is unlikely if inflation stays in check, gives his opinion on how the 2020 election will pan out, and talks about how to improve the state of our economy.

“It’s certainly way too early to start writing the obituaries on the Trump presidency,” he says.

Ferguson emphasizes the impact new technologies will have on workers and how reforming education could help spur the economy in a better direction.

“It depresses me how little discussion there is, in America today, of education,” he says. “It has become the invisible topic in policy debates.”

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: