I'm not sure whether Donald Trump is a National Socialist, although I doubt he has any plans to invade Russia or France (although I'm less certain about Mexico!) However, I do find his protectionist instincts extremely scary. Thus, the Economic Intelligence Unit have ranked Donald Trump winning the presidency as one of the top 10 risks facing the world. In fact, on a scale of 25 he's rated a 12, the same level of risk as "the rising threat of jihadist terrorism destabilizing the global economy." They note, "He has been exceptionally hostile to free trade, including notably NAFTA, and has repeatedly labelled China as a currency manipulator." See:http://www.bbc.co.uk/news/business-35828747
Or course, the last protectionist American president was Herbert Hoover, and I seem to remember that things didn't work out too well for him! Therefore, if Trump's elected, it might well end up as a case of "brother can you spare a dime" time!
Or course, the last protectionist American president was Herbert Hoover, and I seem to remember that things didn't work out too well for him! Therefore, if Trump's elected, it might well end up as a case of "brother can you spare a dime" time!
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