 Economists Warn Trump Would CRASH The Global EconomyThe possibility of Donald Trump being elected President of the United States represents a clear and present danger to the global economy, according to a new report from economists a Citigroup.The election of Trump could easily trigger a meltdown, they say. A Trump victory in particular could prolong and perhaps exacerbate policy uncertainty and deliver a shock (though perhaps short-lived) to financial markets,  a team led by chief economist Willem Buiter wrote in the Thursday note.  Tightening financial conditions and further rises in uncertainty could trigger a significant slowdown in U.S., but also global growth. According to Citi, a conservative estimate of what would happen to the economy should Trump become president implies that global GDP growth could fall  easily  below its benchmark of 2% for a global recession.By comparison, the economists said Hillary Clinton winning would likely keep the American and world economies growing at the steady rate they are growing at. A recent report from the credit reporting agency Moody s also saw the Trump campaign as a threat towards the world economy.Objective analysis of stock market returns has shown that they perform better under Democratic presidents than with Republican ones. Of the last five presidents, the Dow Jones Industrial Average has done better with Clinton and Obama than Reagan and the two Bushes. The only president to have the market at a lower number than when he first came in is George W. Bush.Many of Trump s economic team are former members of Bush s inner circle but Trump has failed to offer much in the way of substance about his economic plans if elected. He, instead, has more often than not simply shot off his mouth to whatever television journalists he was speaking to at the moment.Trump has indicated an unusual willingness to go after America s international allies, most notable NATO, while espousing support for the regime of Russia s Vladimir Putin.Featured image via FlickrNews
economists warn trump would crash the global economythe possibility donald trump elected president united states represents clear present danger global economy according new report economists election trump could easily trigger meltdown say a trump victory particular could prolong perhaps exacerbated policy uncertainty deliver shock though perhaps financial markets team led chief economist willed butter wrote thursday note tightening financial conditions rises uncertainty could trigger significant slowdown also global growth according city conservative estimate would happen economy trump become president implies global gdp growth could fall easily benchmark global comparison economists said hillary clinton winning would likely keep american world economies growing steady rate growing a recent report credit reporting agency moody also saw trump campaign threat towards world analysis stock market returns shown perform better democratic presidents republican ones of last five presidents dow jones industrial average done better clinton obama reagan two bushes the president market lower number first came george trump economic team former members bush inner circle trump failed offer much way substance economic plans elected he instead often simply shot mouth whatever television journalists speaking indicated unusual willingness go america international allies notable nato exposing support regime russia vladimir image via flickrnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT:  Economists Warn Trump Would CRASH The Global EconomyThe possibility of Donald Trump being elected President of the United States represents a clear and present danger to the global economy, according to a new report from economists a Citigroup.The election of Trump could easily trigger a meltdown, they say. A Trump victory in particular could prolong and perhaps exacerbate policy uncertainty and deliver a shock (though perhaps short-lived) to financial markets,  a team led by chief economist Willem Buiter wrote in the Thursday note.  Tightening financial conditions and further rises in uncertainty could trigger a significant slowdown in U.S., but also global growth. According to Citi, a conservative estimate of what would happen to the economy should Trump become president implies that global GDP growth could fall  easily  below its benchmark of 2% for a global recession.By comparison, the economists said Hillary Clinton winning would likely keep the American and world economies growing at the steady rate they are growing at. A recent report from the credit reporting agency Moody s also saw the Trump campaign as a threat towards the world economy.Objective analysis of stock market returns has shown that they perform better under Democratic presidents than with Republican ones. Of the last five presidents, the Dow Jones Industrial Average has done better with Clinton and Obama than Reagan and the two Bushes. The only president to have the market at a lower number than when he first came in is George W. Bush.Many of Trump s economic team are former members of Bush s inner circle but Trump has failed to offer much in the way of substance about his economic plans if elected. He, instead, has more often than not simply shot off his mouth to whatever television journalists he was speaking to at the moment.Trump has indicated an unusual willingness to go after America s international allies, most notable NATO, while espousing support for the regime of Russia s Vladimir Putin.Featured image via FlickrNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: economists warn trump would crash the global economythe possibility donald trump elected president united states represents clear present danger global economy according new report economists election trump could easily trigger meltdown say a trump victory particular could prolong perhaps exacerbated policy uncertainty deliver shock though perhaps financial markets team led chief economist willed butter wrote thursday note tightening financial conditions rises uncertainty could trigger significant slowdown also global growth according city conservative estimate would happen economy trump become president implies global gdp growth could fall easily benchmark global comparison economists said hillary clinton winning would likely keep american world economies growing steady rate growing a recent report credit reporting agency moody also saw trump campaign threat towards world analysis stock market returns shown perform better democratic presidents republican ones of last five presidents dow jones industrial average done better clinton obama reagan two bushes the president market lower number first came george trump economic team former members bush inner circle trump failed offer much way substance economic plans elected he instead often simply shot mouth whatever television journalists speaking indicated unusual willingness go america international allies notable nato exposing support regime russia vladimir image via flickrnews