The Trump Economy -- 'deregulation without growth'
I work at an unreasonably large hedge fund. When discussing the trading/gambling implications of the upcoming Donald Trump 2024-2028 American presidential term, I heard the phrase ‘deregulation without growth.’ I think that is an accurate description of the economic consequences of Trump’s previous term and what is like to come in 2025, but incomplete. It is more like “cruel without meaning.” TLDR: When someone at a hedge fund says that they expect “deregulation without growth” it basically means “no market fundamentals will change; there will be no major changes to productive capacity, but we will be able to siphon off more money from productive means than we did last year....