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How will the markets behave if Trump wins the presidency?
It's rather a shocking possibility. But this article in NYT shows that it can indeed be a really scary prospect with severe global implications. And it's not some scary thoughts being peddled.

Assume, for a moment, that Donald J. Trump wins the presidency.

But what exactly happens the day after? To markets? To the economy?

The conventional wisdom is that, right off the bat, the stock market would fall precipitously. Simon Johnson, the Massachusetts Institute of Technology economist, posited that Mr. Trump’s presidency would “likely cause the stock market to crash and plunge the world into recession.” He predicted that Mr. Trump’s “anti-trade policies would cause a sharp slowdown, much like the British are experiencing” after their vote to exit the European Union.
In explaining his prediction, Professor Johnson wrote that Europe’s economy is so fragile that “Trump’s trade-led recession would tip Europe back into full-blown recession, which would likely precipitate a serious banking crisis.” After that, he continued: “If this risk were not contained — and the probability of a European banking debacle is already disconcertingly high — there would be a further negative spiral. Either way, the effects on emerging markets and all lower-income countries would be dramatic.”
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Nov 2, 2016
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SerenitiesScars · 31-35, M
"Anti-Trade" Nothing he's said has been "Anti-Trade"

The New York Times by the way has just been incriminated with illegal actions concerning a certain someone's missing emails. So their credibility has just dropped sooner than the supposed "Stock market" would.

Everything he's said is "Pro-trade" by the way. And not only pro-trade but FAIR-TRADE. I'm sorry but since when is "Fair-Trade" Anti-Trade? 🙄 It's already been proven multiple times that other countries taxing America but us not taxing them back is part of our major income shortage... So what is it about fixing this that makes it in any sense of the word "Anti-Trade" 🙄 Or do you just shit post because you think there's a bunch of idiots who will believe whatever the fuck you post without any facts being behind them?
lorne13 · 61-69, M
incredible
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[image=http://photos1.similarworlds.com/00/00/00/00/00/22/34/80/BigAsset-iEbjkWwnw-b.jpg]
SerenitiesScars · 31-35, M
🙄 You do realize nothing your post has is anything to do with credibility right? Post a quote where he says "Anti-Trade" 🙄 Let's see it...
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@OpenArmPolicy: pls read my post. I mentioned it's from NYT. You can disagree respectfully and post your comments. Or is that so hard to do?
SerenitiesScars · 31-35, M
🙄 No your post has your own parts of it in there as well, It's not all just NYT. It's sprinkled with your own content over it so why suddenly act as if it was "The New York Times Made Me Do It!?" And of course you fail to bring up any quote of such because there is none. Because that's the literal definition of shit posting. Things without any SUBSTANCE behind them.

🙄 So are you going to bring up this "Anti-Trade" quote? Or have you realized that maybe it's pretty fucking illogical to bring up a bunch of shit that has no bearings in the first place?
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@OpenArmPolicy: okay it's beneath my intellect to talk to a guy who doesn't know how to talk leave alone have an open discussion.
SerenitiesScars · 31-35, M
What open discussion? You brought up a post. Making a claim. Then fail to BACK that claim..?

Point out the part where there was "Open Discussion" Yet ANOTHER CLAIM. You're trying to make. The only one not being "Open" here, is you. Failing to do something fairly simple. "Back up your claim." Where's this mythical "Anti-Trade" quote at? 🙄

And then you say "Disagree respectfully" AFTER YOU YOURSELF attempt to BEHAVE DISRESPECTFULLY with a shit post of a meme on top of that... What kind of topsy turvy world do you live in where you believe others are only supposed to stay respectful towards you??? 🙄 That's just asinine.

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