“The U.S. and, to a certain extent, countries in Europe as well, have experienced growing inequality within their population for decades - a small group of people own the lion's share of the wealth. Populists take advantage of this, and their policies are extremely hard to predict. And this has serious consequences. Companies shy away from risk, postponing their investment decisions in times of uncertainty, the stock markets get nervous and unemployment threatens to increase.” PeopleWellsCountryHardCertainWealthDecisionCompanyGrowingRiskGroupsSharePolicySeriousConsequenceEuropeAdvantageIncreaseInvestmentPopulationDecadesNervousInequalityUncertaintyShyLionsUnemploymentSmall GroupsPopulistPostponing Author:Nicholas Bloom
“Trump can, like every government, trigger a short boom with borrowed money, just like he has announced. He appears to want to adopt the economic policy approach favored by Republicans of putting lots of money into building roads and cutting taxes. Markets like that. But, at the end of the day, someone always has to foot the bill.” WantEndsGovernmentCuttingFeetEconomicPolicyBuildingTrumpRepublicanTaxesApproachBillsThe End Of The DayLots Of MoneyTriggersBorrowedEconomic PolicyBorrowed MoneyBuilding Roads Author:Nicholas Bloom
