Trump could be blamed for US recession, according to economist who predicted biggest crash of our lifetime

Rate this post


The US economy is in danger of falling into a decline if President Donald Trump’s immigration agenda takes his most disruptive path, according to one of the most important economists in America.

“It is good to say that we need to have fewer illegal immigrants, but return people who are already working here, it will help that it is not predicted. The greatest crash of our livesFox News Digital said.

“You have received a suproted economy and then you’ll send [millions of] People who are likely to fall [gross domestic product] 1 to 1.5% right there. “He expanded. So I’m just saying … it’s a little bad time … great trigger. “

The newly built Trump administration has been deported in January About 38,000 peopleReuters reported because the security and immigration of the homeland and the customs tax (ice) are just beginning their efforts to contain, which has been declared a national emergency.

Trump’s post-election stock boom will not stop inevitable condemnation, warns economist Harry Dent

Implementation of the southern border. Trump priority in a day to give at least the goal Arrests of 1,200 to 1,500 illegal immigrants Daily, a report issued last month.

NYSE Market Screen and Border Agent

Economist Harry Dent speaks to Fox News about how to influence Trump-era’s immigration policy affects the chances of the decline. (Getty Images)

In practice in two years, Dent predicted the market to explode “all bubbles of all bubbles” with a large artificial stimulus, which began to recover from Biden’s control. Added by $ 6.3 trillion deficiency of four years.

The economist still believes that the decline will lead to the economy in 2025, but now the time and impact can escalate through Trump’s immigration and tariff policy.

“I am not for illegal immigration, obviously,” explained the tooth. “Many of these people have been here forever, it’s good. And they had children and things. So: [it’s] It is good to draw the line lines if they want to say: “Everyone must be legal, and we make it a little easier and clearer.” It will be a big policy because we need immigrants. “

“We [have] A simple immigration policy was received. But just to send 2 million people to suddenly, I think we are already falling without falling this year. This will make this faster, rather. “He continued.

White House Speaker Kush Dash said in response to:

Dent noted that America America GDP will take place It is more than 82,000, which means that the country’s average economic products are 50% more than Canada and most of Europe. This makes the United States an attractive business environment for the “best people for other countries”.

“Only 2, 3, 4% decline in GDP requires literally to make you a physical drop. So I’m just saying … a little bit of illness … great trigger. “

– Harry Dent

“The United States is our secret sauce. We were new from the beginning. People moved here were more innovative and we still occupy a lot of space in the world.

“So this is a winning resolution. Again, yes, get a clear policy, but mostly do not try to emphasize immigration significantly. “

“The aging of new generations causes increased productivity and rising GDP and at the same time inflation falls. They contribute because productivity is the enemy of inflation. In the 1970s [the] The highest inflation was when children’s boomers cost the society at school, and productivity was 1% in the history of the United States.

“Demography [are] important and immigrants are necessary. And we are, people, in the world economy … it is a winning resolution, and all developed countries are going to compete for the best immigrants in the world. “

He also guilty for the wrong immigration system in “bureaucracy” claiming that in recent years he is for an increase in illegal logging in illegal transitions.

Get Fox Business Go by clicking here

“Let’s say now.

“They are incentives,” the tooth continued. “But you don’t stop free market … the fall isn’t bad. They look like sleep.

Read more from Fox Business

 
Report

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *