The financial crisis before the intermediate elections in the United States is risk: the former IMF official

One Project Syndicate column On Monday, President Donald Trump noted that the US financial situation is already vibrating before starting the second term.

However, only tax reduction in Megabill, which signed the law, will add trillions in deficit. Meanwhile, the ratios relative to its tariffs and federal reserves have weakened the confidence of the dollar with inflation concerns with low prices.

“It sees a small reason for the fact that Trump does not appear due to the rule of law and to trust the markets in the United States,” he said.

According to him, in the first half of the year, 10% of the best global currencies sank in the first half of the year, noting the worst performance of GreenBak since 1953.

The farmer between tariffs and US rates and a wider premium, which will increase the dollar, a wider reward and a wider reward between other best economies.

The increase in more than 25% gold this year is another sign of market confidence in the United States, because despite the market turbine, it is an increase in the productivity of the treasury.

All this adds to a very clear vote for the lack of confidence in the financial markets in the economic policy of the Trump Administration.

“The problem for the Trump is, unlike politicians, markets cannot be pressured or significant,” he said and touches the threat of disobedient deputies through primitive elections. “As soon as investors banned the warnings, it is likely that the United States must be bent for a dollar and bond market crisis in the intermediate elections between the next year.

Many of the Wall Street are alarmed on the demand for many tariffs, inflation, expansion, non-stable debts, dollars and US treasures.

But so far there are tariffs Inflation was triggered by a spikeRevenues collected from tasks to reach $ 300 billion this year continue with the pace.

And, despite the warnings that require a higher product on the restoration of the “vigilage of the bonds”, despite the warnings expressed dissatisfaction with the financial policy, will still express dissatisfaction. In fact, a last treasury auctions, so far remain healthy demand for US debt.

In addition, many analysts see the dollars that keep the status of the world as the basic reserve currency, despite the pushers of alternatives.

John Queen, a steady income portfolio manager in the capital group, said a Last Note These bond markets adapt to a higher debt level, adding that the interest rate market is “incredibly effective” at risk.

Although the size of the debt and debt costs is worried about the impact of debt, it is unknown that those who are worried about.

“Many people have predicted the corner of the catastrophe, and one day one of them would be right,” he wrote Queen. “Unfortunately, they just estimate, so I do not intend to predict it. Instead, the market is good in these concerns, I think the market is good in these concerns.”