„Trump is a person who causes a reaction, you cannot remain indifferent to what he does. He attracts interest. Depending on whether they like him or not - some think he is a genius, others that he is an idiot. Trump is not at all interested in what is outside America. He solves domestic political tasks and domestic political goals. There is no way to restructure the American economy without a crisis.“.
This was commented on „This Morning“ by Lyubomir Datsov, a member of the Fiscal Council and former Deputy Minister of Finance.
„I think Trump is implementing a very well-structured program. He is more like an actor playing for the audience to see where the weak points are. He is testing the reactions of governments to the limit," he pointed out.
"Trump wants America now in the 22nd century, and for that he needs a crisis. There is no way to restructure the American economy without a crisis, to grow value-added industries, to change the type of labor, migration policy is pushing the introduction of artificial intelligence, fiscal policy", Datsov pointed out.
He noted that, with the exception of China, Trump has introduced flat tariffs around the world.
"The crisis, in order to happen, must be of the 8-10 month type. Trump is seeking to cause inflation in the world, raising the price level throughout the world. Europe will suffer the most, it is in a kind of vice. And in the coming months you will see moves back and forth with Ukraine and Russia, the conflict will not be resolved soon,", the former deputy minister believes.
"Don't look at the world. "I have the feeling that Trump is not at all interested in what is outside America. He solves domestic political tasks and domestic political goals. Yes, in a very unconventional way, which has not happened for nearly 100 years," the expert believes.
In his words, as Trump's plan can be interpreted - he is looking for a restructuring of the US economy.