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Friday, July 6, 2018

Americans To Be First Casualties Of Trump's Looming Trade War

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Alan: There is considerable likelihood that Trump's decerebrate trade war will result in economic slowdown, steep stock market decline, and an upward bump in inflation.

Given how easily inflation "flares," it could easily get out of control, resulting in upward pressure on interest rates and, consequently, further decline of the stock market.

If "financial markets" than get spooked about the federal government's imminent revenue decline triggered by Trump's tax cuts, it is possible, if not probable, that "vicious cycle" feedback loops will precipitate the next recession, an economic conflagration to make The Great Recession look like a roadside leaf fire.

Americans To Be First Casualties Of Trump's Looming Trade War




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