USA will be hardest hit by the trade war already declared. Sadly ignorance is bliss has no support today as there is no wisdom in this folly.

US-China trade progress not expected before election

Italy is an excellent example of ignoring the accumulation of knowledge about how to run a country to benefit the famiglia. Its quaint but very destructive and wasteful.

Italy's Tria reportedly threatens to quit over budget: La Stampa

No chance of no deal. USA already run by idiots. Its not an exclusive club. We apply huge resources to accumulate knowledge then governments act on pretending ignorance. So much unnecessary waste and human suffering.

'No-deal' Brexit means no £39bn divorce bill, Dominic Raab warns EU

The only issue now is the details of the deal to be struck imminently. Holding a referendum every 2 or 3 years will never work out. Labour and Scotland need to get back on the highway and off the dirt road.

McDonnell: U.K. Labour keeping Option of Referendum on Table

USA has suggested pulling itself out of WTO but in a sense they have already by demonstrating how to thumb your nose at international agencies and give other countries a reason not to comply with WTO rules. This is the reality.

China To Ask WTO For Authorisation To Impose Trade Sanctions On US – RTRS Citing Meeting Agenda

The crisis is about global economic growth rate and nothing else. With the world growing at 4%pa on a sustainable basis the USA can grow at 3%pa on a sustainable basis and the US company profits outlook would continue to support current or even ...

The Coming Global Liquidity Crisis…The Kick Off of the Post Bubble Contraction Stock-Markets /...

Stupid question. There is a very long list of Republicans who didn't sign up for this. They are dry retching through 2018. Overheating an economy is easy work but makes other generations pay a high cost.

Who wants to impeach a +60 ISM president?

Unreal

Stronger U.S. economy may warrant 'restrictive' rates: Boston Fed's Rosengren

Shinzo fiddling while Tokyo burns

Japan PM Abe: will proceed with sales tax hike as planned

The US economy is also highly exposed to a global downturn. US economy used to dominate global growth and now only accounts for less than 20%. US GDP and jobs will be severely hurt by global weakness. US fiscal deficit also very vulnerable to local ...

Emerging markets on a downward trend

Trump has completely misread China from day one. USA is stuck in 1950s and China has moved confidently into the next century with ever increasing strength. Not to say that China does not have its faults nor USA its bright spots. USA sharemarket not ...

China says it will respond if the U.S. takes new steps on trade

With AUDCHF near historic lows the big global picture is the global economy in trouble and stick with safe havens. USA has succeeded in shooting itself in the foot again by harming the export markets it relies upon and thereby USA jobs. USA share of ...

From Synchronized Growth to Renewed Divergence and a Rubicon will be Crossed

The problem with currency volatility is that it makes currency exchange rates go up and down. The observation that, for example, the GBPCHF pair has embraced 2.50 as well as 1.18 during the past few years is extreme but not unique to GBP or CHF or ...

The Bank of England's Nuclear Option for a No-Deal Brexit

UBS is also a foreigner and committed this crime but I suppose they will return to Switzerland voluntarily. Did anyone else go to prison on this?

Trader guilty of UK's biggest fraud detained prior to deportation

Economy peaked in 2013, no real joy since then. Enter Trump - good nite nurse.

Housing Bubble Pops in Sydney & Melbourne, Australia

USA is succeeding at hurting business confidence, slowing global growth and shooting itself in the foot. US share market is delusional that profits outlook will not worsen as global growth slows. Key is interdependence and also heightened risks of ...

Tariff fight adds to China's economic challenges

There is no logic to a 'no deal' for either side but a deal will take time during which turbulence will occur. Investors should be long GBP but need to have deep enough pockets and strong stomachs. Against CHF is interesting since you get a funding ...

Pound Investors Face Months of Volatility Into Brexit Endgame

Governments cannot do much in the short term especially governments of small economies which have reformed their macro and micro economic policy structures (i.e. NZ). To Labour's credit not one of the pillars of reform has been threatened. The ban ...

ANZ Business Outlook - Spooked

If stock markets performance defines a POTUS then Obama was clearly stellar; and Bill Clinton clearly stellar. Be careful what you commit to w/o the facts. Strong profits growth by way of tax cuts and massive debt? ...

Main Street's thriving job market could be foreshadowing a stock meltdown — and mass layoffs...

Kiwis spend every cent they can get their claws around.

Parrots able to make complex economic decisions, study shows