China experiencing a 'hard landing' topped the list of risks, while a 'Grexit' which provokes the break up of the Euro was ranked higher than Brexit
Daily Mail: Donald Trump becoming US President is more dangerous to the world economy than Brexit - but they both rank in the top 10 according to analysts
* Economist Intelligence Unit ranked a 'hard landing' by China as top threat
* Trump winning the White House listed sixth, two places ahead of Brexit
* The new rankings come after Chancellor was criticised for encouraging G20 warning about the risk of Brexit to the world economy
Donald Trump winning the White House in November is a bigger risk to the world economy than a Brexit vote in June, analysts have claimed today.
But both events would shake global prosperity if they were to occur, the Economist Intelligence Unit said today as it produced a new register of the top ten risks.
Top of the list is a 'hard landing' for the Chinese economy - reflecting the shudders China's slowdown has already sent through global stock markets.
Read more ....
WNU Editor: I have been reading the Economist Intelligence Unit reports for almost 30 years .... and I usually am in agreement with their assessments. But listing Trump as one of the top 10 risks to the global economy?!?!?!
More News On The Economist Intelligence Unit Report That Donald Trump Is A Major Risk To The Global Economy
Trump victory a major global risk: British research group -- AFP
Trump presidency rated among top 10 global risks: EIU -- BBC
The Economist rates Trump presidency among its top 10 global risks -- Politico
'President Trump' as big a threat as jihadi terror to global economy - EIU -- The Guardian
Donald Trump victory ranked among top ten risks to global economy by EIU -- The Independent
President Trump would be a global risk says Economist Intelligence Unit -- Euronews
Donald Trump presidency bigger global risk than South China Sea armed clash, Brexit: Report -- IBTimes
Trump victory a global risk ‘more dangerous than Brexit’ -- The National
President Donald Trump Would Be a Global Threat on Par With Jihadi Terrorism, Warns Economic Research Firm -- Vice News
3 comments:
The Economist is married to Free Trade. It's like 1906 never ended for them in that regard. Donald Trump is a protectionist. In other words, he is an economic Satan in their religion, and if he wins they expect he will conduct a blasphemous policy of economic nationalism. And give everyone else a bad example. Of course in their mind that has got to ruin the "global economy".
Exactly what the poster above said: Trump is running on an explicit policy of protectionism in the world's largest market. Assuming (as the Economist does) that "the global economy" means "the world economic system as it exists today" yes, Trump winning is a huge threat to it.
Trump will be bad for China and all those other countries that American manufacturing went too. I personally believe that we in the west need to stop the transfer of jobs/wealth to the third world and instead look after our own people first this is what Trump is proposing. Globalism sucks.
Post a Comment