Trump imposes capital controls on foreign investors

Donald Trump is making a dramatic move that could change the face of global capital flows – access to the world’s largest market will not be free. To participate in the US financial system, which is the deepest and most liquid in the world, comes at a significant cost. Following the swift passage of the …

Great Britain faces a serious debt crisis due to tariffs and deficits

Donald Trump’s trade war and the country’s dire fiscal position risk plunging Britain into a Greek-style debt crisis, investors have warned. Weaker economic output combined with the Treasury’s negative fiscal data are exposing Britain to a “negative growth spiral”. Britain’s £2.7 trillion debt, which exceeds the size of the economy, leaves it vulnerable to the …

US debt is unsustainable – at 200% if tax cuts become permanent

The US debt is the enduring nightmare of Donald Trump’s economic policy… His presidency, after all, will be judged by whether he deals with it in a credible way. The independent Congressional Budget Office (CBO) has estimated the impact of making the tax cuts permanent. It found that US government-issued debt could soar above 200% …

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