Make no mistake. Trump is pushing the world to the brink of disaster. Real negotiations result in win-win situations. Not the win-lose scenarios that have typified just about all his meetings so far.
In 2007, the Global Financial Crisis hit, and it saw the US fall into a recession, that saw some calling it a depression.
The Great Recession lasted for 18 months, from December 2007 to June 2009. In the nine years since then, the US have kept their title of holding the largest economy in the world.
Another GFC On The Way?
It has enormous influence over the direction of financial markets and your investments. But will its trillion dollars in government debt prove the end of the Empire? Or can resurgent industries like technology and energy put America back on the front foot?
Is this the beginning of the next GFC? And if it is, Australia could be affected enormously this time around.
But we’ll leave it to you to make up your own mind after reading from this diverse group of analysts.