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BloombergView: “Trump’s Debt to the Financial Crisis”

BloombergView, November 21, 2016, by Mark Whitehouse.

“Do we have the 2008 financial crisis to thank for Donald Trump’s election as U.S. president? More than a century of human experience suggests it’s a real possibility.

Trump’s surprise victory has prompted a lot of worrying about the wave of antiestablishment — and often xenophobic — sentiment that seems to be rolling across the developed world, affecting countries ranging from Greece to Britain to the U.S. It also adds relevance to a paper in which three German economists — Manuel Funke, Moritz Schularick and Cristoph Trebesch — sought to put these political upheavals into historical context.  (…)”

Read the full article here or watch the video.

Read the paper.