Donald Trump could seriously harm the economy if he keeps battling imaginary enemies [The Business Insider]
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Source: The Business Insider
FINANCE PROFESSOR: Trump's 'failed trade economics' could push the US back into recession by 2018 This is an opinion column. The thoughts expressed are those of the author. Kevin Lamarque/Reuters Mark T. Williams teaches finance at Boston University, is a former Federal Reserve Bank Examiner, and is the author of " Uncontrolled Risk" about the collapse of Lehman Brothers and the key drivers of the financial crisis. In Don Quixote fashion, President Trump is attempting to battle global windmills that he has little control over. Jobs have been lost and American factories closed not because of bad trade policy but because of natural global market forces. His Twitter threats and strongman tactics might encourage Carrier Corporation to keep 1,000 jobs from moving to Mexico but it wont reverse this longstanding trend. Economic engines — Apple, Facebook and Google — demonstrate the immense opportunities created by an open and competitive global marketplace. In the 17th century Spani
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