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Interesting read. Might want to consider this IF "the Don" actually wins !
Last edited by tennyson (3/02/2016 10:28 am)
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Another viewpoint of what a Drumpf presidency would mean to the economy and world perspective of the U.S.
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The global economy is far more resilient than people give it credit for and most crisis situations are drawn from areas outside of democratic governments.
We have an independent Federal Reserve. There are plenty of good equities, bonds, and other investment tools that government indifferent. I mean, Starbucks don't care who's in the White House.
People still say that Obama has wrecked the economy despite low unemployment and tremendous stock growth in the last 7 years.
Just be chill everyone. Be chill.
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TheLagerLad wrote:
The global economy is far more resilient than people give it credit for and most crisis situations are drawn from areas outside of democratic governments.
We have an independent Federal Reserve. There are plenty of good equities, bonds, and other investment tools that government indifferent. I mean, Starbucks don't care who's in the White House.
People still say that Obama has wrecked the economy despite low unemployment and tremendous stock growth in the last 7 years.
Just be chill everyone. Be chill.
Actually during the Obama administration the economy and markets recovered from the crash of 2008 quite well especially in comparison with some other major economies. We still have a long way to go to get people in good jobs that were lost to outsourcing but that was an on-going trend for years and years. The jobs lost automation are NOT coming back and that is a trouble spot for no matter who assumes the reigns.
Trump's notion of cutting taxes and increasing defense spending well as imposing trade sanctions are not a good thing fiscally speaking.