Why Euro Crisis Looms Large for the White House Chief Economist
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I’m Chris Anstey, an economics editor in Boston. Today we’re looking at some thoughts on US financial vulnerability sketched by the White House chief economist. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
The persistently large trade deficits the US runs with the rest of the world aren’t the only point of contention the Trump administration has in terms of America’s economic relationship with the rest of the world. At least for the White House’s chief economist, there’s another issue with the balance of investments.