The Economist rates Trump presidency among its top 10 global risks

The Economist rates Trump presidency among its top 10 global risks( Source politico.eu) A Donald Trump presidency poses a top-10 risk event that could disrupt the world economy, lead to political chaos in the U.S. and heighten security risks for the United States, according to the Economist Intelligence Unit. Electing Trump could also start a trade war, hurt trade with Mexico and be a godsend to terrorist recruiters in the Middle East, according to the latest EIU forecasts. The well-respected global economic and geopolitical analysis firm   put a possible Trump presidency in its  top 10 global risks this month, released Wednesday. Other risks include a sharp slowdown in the Chinese economy, a fracture of the Eurozone, and Britain’s possible departure from the European Union. Trump’s controversial remarks on Muslims would be a gift to “potential recruiters who have long been trying to paint the U.S. as an anti-Muslim country. His rhetoric will certainly help that recruiting effort,” said Robert Powell, global risk briefing manager at EIU. Until Trump, the firm had never rated a pending election of a candidate to be a geopolitical risk to the U.S. and the world. The firm has no plans to include Hillary Clinton, Ted Cruz or John Kasich on future risk lists. “It’s highly unusual, and I don’t think we ever have done it where we’ve had a single politician be the center of our risk items,” Powell said in an interview, but noted that the firm has once included the transition at the top of the Chinese Communist Party as a top-ten risk as well.

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