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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: TobagoJack who wrote (140483)4/6/2018 9:30:04 AM
From: KyrosL  Read Replies (1) of 217896
 
Trump is probably unaware of the basic economics 101 equation:

Current Account = Savings - Investment

His policies so far are greatly decreasing Savings (by increasing the government deficit) and increasing Investment (by cutting corporate taxes, encouraging repatriation of foreign corporate tax, probable infrastructure spending etc.). The trade deficit will probably double under Trump -- but it may not be caused by China.
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