Trump's economic success from deficit financing illustrates the total failure of the austerity policies followed by most western countries over the last decade. It could all blow up in his face due his trade policies and the failure to distribute the benefits beyond the richest families.
Trump is no stranger to deficit financing. This podcast tells us how he defaulted on US bank loans and lent himself $50 million to avoid tax while borrowing $300 million from Deutsch Bank private. That's the same bank that has been prosecuted for laundering masses of Russian money. https://www.washingtonpost.com/podcasts/can-he-do-that/trump-made-some-strange-financial-moves-in-the-decade-before-he-became-president-can-he-do-that/
Trump's economic success from deficit financing illustrates the total failure of the austerity policies followed by most western countries over the last decade. It could all blow up in his face due his trade policies and the failure to distribute the benefits beyond the richest families.
Trump is no stranger to deficit financing. This podcast tells us how he defaulted on US bank loans and lent himself $50 million to avoid tax while borrowing $300 million from Deutsch Bank private. That's the same bank that has been prosecuted for laundering masses of Russian money.
https://www.washingtonpost.com/podcasts/can-he-do-that/trump-made-some-strange-financial-moves-in-the-decade-before-he-became-president-can-he-do-that/