Posted on 03/17/2016 8:41:56 AM PDT by SeekAndFind
A swooning Chinese economy. The rising specter of global jihad. Russia lurching toward a new Cold War with the West.
These are among the top threats facing the global economy, and now a leading risk analysis firm has added another wild card to its list: Donald J. Trump.
The Economist Intelligence Unit, based in London, has been carefully monitoring Mr. Trump’s march toward the Republican presidential nomination, and on Wednesday it warned in a report that a President Trump could be a drag on global growth.
“In the event of a Trump victory, his hostile attitude to free trade, and alienation of Mexico and China in particular, could escalate rapidly into a trade war,” according to the report. “His militaristic tendencies towards the Middle East (and ban on all Muslim travel to the US) would be a potent recruitment tool for jihadi groups, increasing their threat both within the region and beyond.”
The group continues to view the probability of Mr. Trump winning the White House as “moderate,” but says the risks if he does are quite high. The firm’s scale equates the danger of a Trump presidency to the threat of Islamic terrorism, potentially reducing global economic growth by as much as 1.5 percent.
Robert Powell, an analyst with the unit who worked on the study, said he could not recall another example of an American presidential candidate reaching its list of the world’s top 10 risks. He said that Mr. Trump’s polarizing nature would most likely bring more government gridlock and his unpredictability would create great uncertainty.
(Excerpt) Read more at nytimes.com ...
Of course, People who profit form the current corrupt system would see a reduction in their profits from change.
Sure, the waters will rise and the sun will melt.
Exhibit 897 of articles that are only written about Republicans.
I would hope that Trump’s concern is the American economy and not the global economy. I suspect that it is- and therein lies the author’s panic.
He still has my vote.
I can’t believe anyone could have a more negative effect on global growth than Lord Foul. More the sky is falling crap.
Global growth?
About time we start worrying about our own growth. Our redistribution of wealth government policy benefits everyone but us.
More Anti-Trump propaganda. From the NY Times.
“About time we start worrying about our own growth.”
_________________________________________________
Exactly. The world is concerned that an adult is going to be taking over their current push-over cash cow.
An adult who knows finance and business.
China should not be an economic powerhouse - that should be the USA's role.
The Economist is a leftist paper who has a financial and political stake in ensuring their Leftist buddies remain in power.
And just like Reagan, and Bush, and any that will come after, they predict new wars, economic calamity, and the end of the universe if a Republican is elected. Just look at the daisy ad, then Reagan was the cowboy with his finger on the button. W. too was a cowboy.
This is the same, well-worn strategy of the left. It is just a slight variation on the Nuts and Sluts smear campaign. That is, the impending Republican is either a wild-eyed nut, or is a intellectually stupid, ignorant, slut.
Whatever.
Exactly!
The globalists are pissing in their pants. Imagine, America strong again.
‘Global growth’ is happening at the expense of our country as well as other Western countries, so the downside of this is what, exactly?
In order to manage risk we must first understand risk. How do you spot risk? How do you avoid risk and what makes it so risky?
To understand risk, we must first define risk.
Risk is defined as....
If one man can drag down global growth, global growth must be built
on quick sand.
This is utter nonsense.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.