Thursday, February 8, 2018

Growing deficit could drive up US borrowing costs: NY Fed
Read more at https://www.channelnewsasia.com/news/business/growing-deficit-could-drive-up-us-borrowing-costs-ny-fed-9943068

 (Updated: )

Ricky Lim · 

The danger of Trump "Boom and Bust" Economic fiscal policy starting to surface.

It will pose inherent risk and fracture to the US financial sector and together with the unraveling of financial regulations - may set the stage of financial crisis and lead to an Economic recession in the medium term.

World Economy should be careful not to be drag down by US Economic fallout similar to the previous Lehman Bros crisis.
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Ricky Lim · 

Asia stocks pummelled by fresh Wall Street slide, China stocks reach multi-month lows
February 6, 2018. REUTERS/Toru Hanai
09 Feb 2018 08:25AM (Updated: 09 Feb 2018 12:23PM)

TOKYO: Asian stocks tumbled on Friday, with Chinese shares slipping to multi-month lows, after Wall Street shares suffered yet another big slide amid worries over rising bond yields, while perceived havens such as the yen and Swiss franc drew demand.
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Posted on :- 30 Nov 2017


It is thus important to watch out for Trump's "Boom and Bust" budget, fiscal policies (or his "Economic Yo-Yo" policies) - that artificially inflate economic growth (causing a spiking "Boom" for immediate gratification to his voters --- but will cause a sharp correction in the near term causing a sharp downturn correction - a "Bust" --- that will cause US recession --- and have the impact of pulling down the World Economy --- triggering a World Recession --- like in the past.

孔明未仆先知。
周瑜一看就知。
曹操过后才知。
有些人到死都不知。

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