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Swedbank: Fiscal more effective than Monetary

Summary:
The ONLY reason fiscal may be being looked at lately is that Trump has taken direct action against the perennial export USD zombie surplus nations policies thru tariffs and other threats of executive action ... Trump is acting in support of perennial deficit US's domestic employment and production..The perennial surplus USD zombie nations are having to start to come up with a contingency Plan B if Trump reelected...This has NOTHING to do with MMT ... you're dreaming in f-ing left-wing fantasy la-la land if you think it does... If Trump loses it goes right back to perennial US deficits and ROW USD zombie nation surpluses fiscal goes right back in the shitter....The USD zombies only have about a year to kill before US elections so don't look for any widespread fiscal support for another

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The ONLY reason fiscal may be being looked at lately is that Trump has taken direct action against the perennial export USD zombie surplus nations policies thru tariffs and other threats of executive action ... Trump is acting in support of perennial deficit US's domestic employment and production..

The perennial surplus USD zombie nations are having to start to come up with a contingency Plan B if Trump reelected...

This has NOTHING to do with MMT ... you're dreaming in f-ing left-wing fantasy la-la land if you think it does...

If Trump loses it goes right back to perennial US deficits and ROW USD zombie nation surpluses fiscal goes right back in the shitter....

The USD zombies only have about a year to kill before US elections so don't look for any widespread fiscal support for another year and then only if Trump is reelected you may see some start... they won't punt another 4 years if Trump reelected...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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