the US economy is estimated by the Republican presidential candidate Donald Trump facing a severe recession. An overvalued stock market and a much worse than officially designated labor market were the forerunners for said of the 69-year-old billionaire in an article published on Saturday interview with the “Washington Post”. It is an economic bubble that threatens to burst.
The share prices had risen markedly in recent years, partly because the US central bank pursued a loose monetary policy. The unemployment rate is in the largest economy in the world after the come-out on Friday new figures around five percent – the labor market is unanimous opinion in a fairly robust constitution; This year many more new jobs are already created than previously thought.
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Trump disagrees. In truth, the value would be unrealistic and actually higher by several times, so the entrepreneur who clearly ahead of all other applicants is now in polls in his party.
In the interview, Trump also reaffirmed that it in case of a wants to change election victory existing trade agreements. And the American role in NATO he would like to change – recently he had expressed, the country pay too much money and have it
Through a renegotiation of contracts with other countries Trump wants too little too American. government debt degrade. Namely, within eight years, he said.
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