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Main » 2016 » August » 31 » President Trump will provoke a recession
President Trump will provoke a recession



According to Citigroup Inc. report, Donald Trump victory in the presidential race could lead to large-scale crisis in the US economy - at AMarkets materials.




If Trump comes to power, it will inevitably tighten financial conditions that will certainly strengthen the uncertainty in the global economy. It is bad for global consumption, and for global investment. Winning Trump, according to analysts, could reduce the growth rate of US GDP 0.7-0.8p.p. Citi analysts believe that the election victory does not win Trump and Clinton. If Clinton wins, is expected to be increased spending on infrastructure projects that will create conditions for the repatriation of foreign earnings of US companies. Obama increased the sovereign debt of America from 9 to 20 trillion dollars. Clinton could easily double the results achieved up to 40 trillion. If Trump wins, the budget deficit can seriously grow at the expense of tax breaks. Clinton, on the other hand, wants to raise taxes, but to add more monetary stimulus.

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