David Dayen: The Source of the Next Recession

History suggests that the Trump administration’s zeal for financial deregulation could lead to an economic crisis.

2 Responses

  1. Rise of Bitcoin and all that show the US dollar may not be a global currency sooner or later. Stock market downings or crashes may be indicative that we may be heading towards another recession or even depression this time as many countries may not buy from the USA this time due to hatred unlike in the Obama era. We are even odds with our major trading partner, namely, Canada.

    We need to make products here just like in the old days and stop outsourcing altogether..

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  2. Russia not using the same payment system anymore that goes with the petrodollar. Other nations like China are right behind. Wait til the petrodollar goes belly up and then we will really see what deregulation does.

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