Donald Trump

America The Bully

You f…g Americans. Who are you to tell us, the rest of the world, that we’re not going to deal with Iranians? Richard Meddings, Standard Chartered’s Finance Director, said in 2012 America under Donald Trump is emerging as the global bully. Canada, Japan, the United Kingdom, the rest of the EU and for that matter, […]

Hurt China — Is That Trump's Real Goal?

I hope what I’m about to say turns out to be too pessimistic and very wrong. But as an alternative scenario it must be considered. Right now, the smart money says a trade war with China Is not going to happen. Accordingly, Trump is just bargaining for a China more open to American business and […]

Trump's Favorite Advisors — Be Afraid

What really makes China so scary today is the fact that it has so many people, and it’s also becoming an incredibly wealthy country so that our great fear is that China will turn into a giant Hong Kong. And if China has a per capita GNP that’s anywhere near Hong Kong’s GNP, it will […]

Will trump allow the US to continue as the world’s innovation economy?

“TRUMP’S CHIEF STRATEGIST STEVE BANNON SUGGESTS HAVING TOO MANY ASIAN TECH CEOs UNDERMINES ‘CIVIC SOCIETY’” The Verge headline based on a Trump/Bannon 2015 interview as reported by the Washington Post Xenophobia definition.  Intense or irrational fear of people from other countries. The United States is indisputably the innovation capital of the world.  Innovation is happening […]

The Technology-Driven Supply Side will Get a Boost from Trump

As an ex died-in-the-wool monetarist, I have been shocked by the fact that no amount of monetary excess by central banks has brought about global inflation. While I wouldn’t argue with the fact that big debt overhangs from the Great Recession of 2008 have inhibited spending and hence aggregate demand, I believe the fundamental deflationary […]

The Myth of the Rational Voter

The above title has been filched from a book with the same title written by economist Bryan Caplan in 2007. Today the book reads like a primer for 2016 American Presidential elections. Generalizing only a little, all three candidates are espousing populist policies which ignore basic economic principles. (I know. Trump doesn’t really mean what […]

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