(Global) Economic Momentum is Fading Almost Everywhere

[ffr]

The World Economy Is Stumbling Toward Disaster
If a new recession strikes, the Trump administration will get — and deserve — much of the blame.

The world’s finance ministers and central-bank governors gathered this past weekend in Washington and looked out at a global economy badly in need of treatment.
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Economic momentum is fading almost everywhere — the IMF calls it a “synchronized slowdown.”
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With all these vulnerabilities to the fore, and with few if any policy options for dealing with the crash they might cause, U.S. President Donald Trump chose to embark on his trade war with China, and threatened any other country that caught his attention with the same. This astounding recklessness, unaccountably tolerated by Congress, has already caused enormous economic damage, not least in the U.S. Should the synchronized slowdown become an outright worldwide recession, the U.S. government will get, and deserve, much of the blame. - Bloomberg

[CrispyQ]

1. The US Government does not deserve much of the blame. The republican controlled Senate does.

[unblock]

2. republicans have long decided that they're fine with another hitler, as long as he's republican

but are they sure they're ok with another hoover?

[Hoyt]

3. This is what happens when trump, or anyone else, tries to improve domestic economy by

punishing foreign countries.

[lunasun]

4. Well MAGATS will blame " the gubermint " that's almost a guarantee .

If only trump could have done more they will reason