(1) suspect a few details / revelations for when trump tees up repatriation 'tax-benefit' schema and activates border-tax convolution, that
- nations around the planet shall meet the challenge, on the one hand, w/ similar border-tax schema, and
- if not, or in addition, would tee-up draconian withholding tax / capital controls regime
(2) also, very doubtful that any repatriated sums would actually go into investment for true business people must not be assumed to be idiots, and they presumably know where to invest and why
(3) in such scenario, USA foreign corporates would be hit and hard, everywhere
even as instant-add-water-and-stir inflation would show up almost instantly on the shelves of walmart and such same
whatever jobs created would be more than matched by jobs lost
even as all get hit in the wallet
and ... oh ... rising usa interest rates pulverises ability to service house mortgages
and strengthening dollar makes usa exports less possible
together with all the other policies should be able to shake rome to the ground
it is good that trump is not interested to live in the white house and has apparently no wish for a second term
trump the simpleton wastrel, and his band of old-school cretinous ideologues are premising their plan on all counterparties being idiots, without realising that their own foreheads, orange coloured or not, are marked w/ letterings c.r.e.t.i.n.
watch & brief
pop corn popping |