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Politics : Formerly About Advanced Micro Devices

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From: bentway	9/14/2016 11:47:50 AM
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If Trump beats Clinton, it could wipe as much as $1 trillion from the US economy Leslie Shaffer \| @LeslieShaffer1 4 Hours Ago CNBC.com A win for U.S. presidential candidate Donald Trump could have grave implications for the world's largest economy, according to Oxford Economics. If Trump were able to implement all of his proposed policies, that would undermine global economic growth and knock 5 percent off where U.S. gross domestic product (GDP) would otherwise be in 2021, U.K.-based economists Jamie Thompson and Sarah Maxwell said in a note Tuesday. That would erase as much as $1 trillion off the forecast size of the U.S. economy in 2021, Thompson said via email. "The consequences are far-reaching," the economists said. Oxford Economics is an independent advisory firm, originally founded in 1981 as a commercial venture with Oxford University's business college. continues at cnbc.com

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