Changing fiscal and immigration policies may push recession: Reinhart
“The risks of stagnation are higher than the average,” CNBC’s “Results”, former Harvard professor and former chief economist of the World Bank, said, “The risks of stagnation are higher than average.” He said.
Reinhart said that the US is now a period of more variable markets, financial instability and higher interest rates, and that it first set up with unpredictable market frames.
“We have a policy uncertainty in all respects whether Tariffs, whether tariffs … There are concerns about President Trump’s attacks on the Federal Reserve.” He said. “Then there are too many geopolitical uncertainty.”
Reinhart warned President Trump’s attempts to bring back immigration policies and manufacturing to states, as well as other trends, as well as other trends, as well as the existing globalization, which can slow down the population growth in the country, and this may lead to a potentially stagnation of economic growth.
“We shouldn’t overwhelm that most of the remaining manufacturing will return.” Reinhart said. He said. “More globalization is preferred for everyone than a cold war and more global cooperation than the variations of a fragmented system.”
Reinhart, all Americans will be affected by these changes, he said. In the meantime, in order to protect the bottom lines, he advised investors and workers to emphasize the protection between operations and embrace their longer term investment plans in the medium term.
Watch video To learn more about the financial and geopolitical policies that are currently at risk of the US economy, they think about why people care about rising national debt and the financial future of the country.
