6 Articles
6 Articles
A US Economic Crisis Foretold
President Trump’s handling of economic policy is coming to resemble a Greek tragedy. A growing chorus of highly respected Cassandras keeps warning that Trump’s import tariff and tax cut policies will end in tears. Yet Trump chooses to ignore the chorus arguing that he knows more about the economy than the experts. As in Greek tragedies, Trump’s hubris is all too likely to have an unhappy ending for him but more importantly for the US and world e…
So far, the US has been a pillar of stability, but now there are doubts.
Because of its extraordinary business model, half of the world's capital has been invested in America so far. But if the US president doesn't switch to rationality again soon, these happy times are finally. After all, America's risk is the chance for Germany.
Ray Dalio: How To Avoid Economic Heart Attacks | The Acquirer's Multiple®
Widely regarded as one of the greatest macro investors of all time, Ray Dalio recently provided a summary of his new book – How Countries Go Broke: The Big Cycle. A book that distills the strategies he’s used for decades to navigate major debt crises—at a moment when he sees “the U.S. and other countries headed toward having the equivalent of economic heart attacks.” So what’s actually going wrong? “To me, the credit/market system is like the ci…
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