EDITORIAL IBECONOMY

Trump tsunami is coming

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ibeconomía.com - domingo, 12 de febrero 2017 | 8:00 Hrs.

 

Scarcely a month in charge of the Presidency of the world’s greatest economy and his personal style has not left anyone indifferent. What’s more, it surprises us every day. The great entrepreneurs of Sillicon Valley have been the first to be clearly positioned against their xenophobic measures. Earlier this month, 97 technology giants joined forces in a statement supporting the lawsuit against the ban on entry to US citizens. Later, the attacks on the press began. Earlier this week, Speaker of the House of Commons, John Bercow, spoke out strongly against the appearance of the US President on his next official visit to the United Kingdom. The European Union, at its recent Summit in Malta, has carried out a real balancing act on how to deal with the destabilizing attitude of the new US president, whom the current EU President Donald Tusk has come to describe as a “threat” to Europe in his letter of invitation to the European meeting.  Last Wednesday we woke up with the disqualification to the judiciary statement of his country.

It is clear that the lack of support for Twittercracia exercised by Donald Trump will have economic effects in the medium and long term. At the moment, what prevails in the short term is the uncertainty and the bewilderment. How will it affect the Balearic economy? There are no big changes for the current tourist season. Expectations are good and as it is popularly said, it seems that “all fish is sold”. With regard to the medium and long term, it may be  too early to announce omens. Let’s hope there are no major changes, although the Trump tsunami is expected to be consequences.

 

 


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