Guernsey Finance Chief Executive Rupert Pleasant
reflects on a conversation with broadcaster and journalist Andrew
Neil as the final part of our Funds Forum
webinar...
What a privilege to get to speak
directly to Andrew Neil and hear his comprehensive assessment of US
politics in what he described as a "febrile"
atmosphere.
A close election, Andrew said, was "everyone's worst
nightmare".
It may still take some time for us all to discover if Donald
Trump stays in the White House, or if Joe Biden claims what Andrew
said was likely to be a rather pyrrhic victory, setting him up as
something of a "lame duck" president from the
off.
What would the rest of the world, and Guernsey in particular,
get from either candidate? Andrew said both believe in
"managed" rather than free trade; both would be looking
to provide a fiscal stimulus – Trump from tax cuts and Biden
through a massive infrastructure development programme. But taxes
would rise under Biden to fund