If .... Trump does what he says, it is good for the world, because it will revive many parts of the American economy. When people have more money to spend, they will do it... everyone will be better off for a while, and that is why the markets are going up.
Trump says he will cut taxes and that sounds very good. But how is he going to do all this? Protectionism has never been good for anybody. No one has ever won a trade war. Every one will suffer with protectionism, and if Indians cannot go to America anymore, it may be bad for Indian companies, but it will be good for India.
US Protectionism could help countries like India
The smart Indians won’t be rushing to the US any more—they will stay in India and build companies. Or maybe, they will go to China or Germany—but in the end, it will be better for India than the US.
Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.
