How Donald Trump Could Create A Financial Crisis

How Donald Trump Could Create A Financial Crisis
AP Photo/Evan Vucci

Which is to say that we should take his policy promises both seriously and literally. He's going to try to do what he's said he will, no matter how inconsistent those things might seem together. What, then, might be the economic consequences of the president-elect's tax cuts, tariffs and deregulation? Well, as we'll get to in a minute, they sure seem like they would raise the odds of a financial crisis happening overseas, and maybe here too. It's a story about the dollar and housing.

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