The United States risked the financial crisis before the mid -term elections: the former International Monetary Fund official

in Project Syndicate column On Monday, he indicated that the American financial situation was already defeated before President Donald Trump started his second term.

However, the tax cuts in the huge signed will only add trillion to the deficit. At the same time, its definition and pressure on the federal reserve to low prices have weakened the dollar’s confidence by neglecting inflation fears.

“In addition, Trump’s clear ignorance of the rule of law, and the markets see only few reasons for confidence in the United States,” he added.

In his opinion, this is why the dollar has drowned by 10 % against other major global currencies in the first half of the year, which represents the worst of this performance since 1953.

Dignation came despite the customs tariff and the broadest bonus between the prices of the United States and other economies, which usually enhance the dollar.

Lashman said that Gold’s increase of more than 25 % this year is another sign of the collapse of market confidence in the United States, and the treasury revenues remain high despite market turmoil.

That’s all that adds to a very clear vote of lack of confidence from the financial markets in the Economic Policies of the Trump administration.

He said: “Trump’s problem is that, unlike the politicians, the markets cannot be pressured or exposed to the markets,” referring to the threat of overthrowing the legislators through the initial elections. “If interest in investor warnings is probably, the United States should prepare for the dollar crisis and the bond market crisis in the period before the mid -term elections next year. The days of the world that allow America far from its capabilities, quickly heading to the end.”

Many people in Wall Street were definitely warning about definitions, inflation, expansion of impotence, unimaginable religion, dollar, and demand for the American treasury.

But so far, the definitions have FailureWhile the revenues collected from duties are going at a rapid pace to reach $ 300 billion this year.

Despite the warnings that Bond Points will express their dissatisfaction with financial policies by claiming a higher boost on bonds, which have not yet been fulfilled. In fact, modern treasury auctions have shown that there is a healthy demand for American debt, at the present time.

In addition, many analysts believe that the dollar reserves its status as the world’s primary reserve currency despite attempts to push alternatives.

John Quinn, the director of the fixed income portfolio in the Capital Group, said at a A recent note Bond markets adapt to high debt levels, adding that the interest rate market is “incredible” in risk prices.

Although he is concerned about the size of the debt and its impact on borrowing costs, it is not known when these concerns will become a reality.

“Many people expected the disaster to be around the corner, and one day, one of them will be right,” Queen wrote. “Unfortunately, they are just guessing, so I will not expect it. I will instead say that I think the market is good in pricing in these concerns.”