Robert Rubin warns of threats to American democracy and economic stability

Former U.S. Treasury Secretary Robert Rubin has expressed concerns regarding the stability of American democracy and its potential impact on the global economy. In a recent op-ed, Rubin highlighted the risk of election interference and noted that financial markets may not be adequately pricing in the risks associated with attacks on democratic processes.

Data from the V-Dem Institute at the University of Gothenburg indicates a global decline in democratic health. The report shows that autocracies now outnumber democracies, with approximately 74% of the global population living under autocratic regimes. Notably, the United States has lost its status as a full liberal democracy, reflecting a broader trend of declining freedom of expression and democratic quality worldwide.