Oct 9, 2016

Firm Just Declared Trump “A Top Global Economic Risk”

The claim was alarming, so PolitiFact set out to find out whether or not it was true. Their first point of contact was the Economist Intelligence Unit.

    Economist Intelligence Unit — an affiliate of The Economist, the London-based newsweekly — is a research and analysis firm that supplies clients, including businesses, with information about opportunities and risks around the world.’

The Economist Intelligence Unit rated Trump sixth, tied with global terrorism threats, in term of the threat they pose to the global economy. However, after Trump secured the GOP nomination, that threat increased. Donald Trump is currently ranked third, above jihadi terrorism, as a risk to the global economy.

    ‘In the July ratings, the only higher scores were 20 for “China experiences a hard landing” and, in a tie with Trump, a 16 for “currency volatility and persistent commodity prices weakness.’”

The risk analysis firm cited Trump’s xenophobia toward Muslims, his “militaristic tendencies, “ and his “hostility toward free trade” as reasons for the high ranking. The firm wrote:

    ‘Although we do not expect Mr. Trump to defeat his most likely Democratic contender, Hillary Clinton, there are risks to this forecast, especially in the event of a terrorist attack on U.S. soil or a sudden economic downturn.’

We think that it is important to note that the EIU has never placed a presidential candidate on the list of risks to the economy before. Trump is nothing more than a brat with a trust fund. He has yet to build a sustainable business without bankruptcy or ripping people off. This alone makes him a threat and completely unqualified to be president. –DR

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