And more of a threat than the UK leaving the EU.
Trump presidency rated among top 10 global risks: EIU - BBC News
https://gfs.eiu.com/Archive.aspx?archiveType=globalrisk
https://gfs.eiu.com/Article.aspx?art...articleId=2876
Trump presidency rated among top 10 global risks: EIU - BBC News
Donald Trump winning the US presidency is considered one of the top 10 risks facing the world, according to the Economist Intelligence Unit.
The research firm warns he could disrupt the global economy and heighten political and security risks in the US.
The research firm warns he could disrupt the global economy and heighten political and security risks in the US.
- April 2016 China experiences a hard landing
- Russia's interventions in Ukraine and Syria precede a new "cold war"
- Currency volatility culminates in an emerging markets corporate debt crisis
- Beset by external and internal pressures, the EU begins to fracture
- "Grexit" is followed by a euro zone break-up
- Donald Trump wins the US presidential election
- The rising threat of jihadi terrorism destabilises the global economy
- The UK votes to leave the EU
- Chinese expansionism prompts a clash of arms in the South China Sea
- A collapse in investment in the oil sector prompts a future oil price shock
In the event of a Trump victory, his hostile attitude to free trade, and alienation of Mexico and China in particular, could escalate rapidly into a trade war - and at the least scupper the Trans-Pacific Partnership between the US and 11 other American and Asian states signed in February 2016. His militaristic tendencies towards the Middle East (and ban on all Muslim travel to the US) would be a potent recruitment tool for jihadi groups, increasing their threat both within the region and beyond.
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