A year after his winning the White House, unbelievable is the new normal.
While it may be that Trump's positions may not have a major effect on trade or economic relations as a whole, they have to be generating concern on the part of many working in trade, investment and financial or money markets.
Tax reform may have a combined effect far beyond the U.S., because the financial burden from the huge tax cut is, in fact, equivalent to the financial implementation of the quantitative easing policy.
The future, including the economic future, tends to largely resemble the present. Economic projections are made as if they are preludes of fabulous changes, but most of them, if not all, are simple extrapolations of what is already known today. Real, significant economic or political changes are unpredictable; in fact, [Read more]
Can Trumponomics bring back the splendor of Reaganomics once the polish of the election marketing wears off?
<i>Economic analyst Vasily Koltashov on whether the Republican candidate can solve America's debt problem if elected.</i>
The Federal Reserve System, also known as the Fed, is widely believed to be the backbone of the American economy. It prints dollars and provides credit to banks. In the past few years, the banks [Read more]
Trump is right to claim that Mexico, China, and other countries have been giving very large incentives to U.S. companies, bundling multiple concessions on wages, environmental protection, and taxes.
The consequences of such monetary policy — i.e. zero rates, printing money, limitless indebtedness — are genocidal, and you can blindly trust the incompetent politicians who rule us to smoothly manage the coming crisis.