How trickledown economics backfired on Britain’s shortestserving prime minister

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The U.K.’s ex-Prime Minister Liz Truss goes down in history as the country’s shortest-serving leader — departing just 44 days into the job — after her controversial ‘trickle-down’ economic strategy unleashed chaos on financial markets, political infighting, and her eventual resignation. But just what is ‘trickle-down’ economics and where did it all go wrong? • Disclaimer: CNBC conducted the interviews in this feature prior to Liz Truss’ resignation on October 20. • #CNBC #Economics #UKPolitics • ----- • Subscribe: http://cnb.cx/2wuoARM • CNBC International TV: https://cnb.cx/2NGytpz • Facebook: •   / cnbcinternational   • Instagram: •   / cnbcinternational   • Twitter: •   / cnbci  

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