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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (140483)4/6/2018 9:09:34 AM
From: stsimon  Read Replies (1) | Respond to of 217882
 
So America has a President who has even more bankruptcies than marriages running the economy. What could possibly go wrong? I suspect Larry Kudlow's half-life in this administration just got shorter.



To: TobagoJack who wrote (140483)4/6/2018 9:30:04 AM
From: KyrosL  Read Replies (1) | Respond to of 217882
 
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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