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    A boost to financial markets since Donald Trump's election has helped the UK economy, a central banker has said.


    Ben Broadbent, the deputy governor for monetary policy at the Bank of England, told the BBC that some of Mr Trump's economic plans could help the UK.

    Mr Trump has promised to cut taxes and boost US infrastructure spending, but also erect trade barriers.
    "Financial markets have taken a relatively optimistic view so far of what it means," he told BBC Breakfast.
    "You've seen business confidence rise, particularly in the US, you've seen financial markets get more optimistic, and I think that has had some impact on us," he said.

    Global markets were boosted by the so-called "Trump effect" after investors bet on Mr Trump's policies of infrastructure spending and lower corporate taxation coming to fruition and boosting the US economy.
    That economic plan would probably help global growth, Mr Broadbent said.
    The US Dow Jones share index broke through the 20,000 point barrier in late January for the first time ever as investor confidence built.

    Source: http://www.bbc.co.uk/news/business-38845575
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    The Republicans, supporting big business and lowering taxation? Well I never. :beard:
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    Are you Muslim? If so, how can you support an enemy of Islam and the ummah?
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    (Original post by BigTraderBoi)
    Are you Muslim? If so, how can you support an enemy of Islam and the ummah?
    Am I muslim? Yes.

    Enemy of Islam? Nope. Donald Trump has given a temporary ban on muslims travelling from countries that have been confirmed as a risk of terrorism. He is protecting his country from danger.
    After what happened in the Boston bombing, Germany sex assaults, the extreme muslim who shot everyone in a gay club and the France shootings. It is obvious that Donald Trump is just looking out and protecting his own people.
    You accuse Donald Trump of controlling and stopping migration but countries like Saudi Arabia have tough immigration rules against refugees themselves.

    Donald Trump might be tough on immigration of muslims, but he is very good at improving America's economy and re-engaging with UK and globally. Hillary Clinton might have been tolerant against muslim refugees but on the other side of the scale, she would have ruined America's economy. She would have also put UK at the back of the queue of a trade deal.
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    (Original post by Naveed-7)
    Am I muslim? Yes.

    Enemy of Islam? Nope. Donald Trump has given a temporary ban on muslims travelling from countries that have been confirmed as a risk of terrorism. He is protecting his country from danger.
    He must have been very ill-informed then. Iran - a country subject to the temporary ban - is no risk. There is no danger to be protected from.

    After what happened in the Boston bombing, Germany sex assaults, the extreme muslim who shot everyone in a gay club and the France shootings. It is obvious that Donald Trump is just looking out and protecting his own people.
    The Boston bombers were born in countries not covered by the ban, and also were citizens of the US.

    Many of these were carried out by citizens and 'home-grown' terrorists.

    Again, Iran is not a risk - none of these attacks were carried out by an Iranian citizen. But why have they been identified as a risk? Is it simply because they're a Muslim country? Is it because Trump has another agenda? Can you explain why?

    You accuse Donald Trump of controlling and stopping migration but countries like Saudi Arabia have tough immigration rules against refugees themselves.
    Saudi Arabia isn't subject to the executive order though, is it?
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    It should be a surprise to no one that financial markets have responded well to the election of a president who wants to start a dumpster fire of regulation, particularly in the environmental sector.

    I also don't think the Goldman-Sachs sponsored cabinet he has in place is stupid enough to push through the protectionism of Trumps campaign. They know what side their bread is buttered.
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    (Original post by Naveed-7)
    Am I muslim? Yes.

    Enemy of Islam? Nope. Donald Trump has given a temporary ban on muslims travelling from countries that have been confirmed as a risk of terrorism. He is protecting his country from danger.
    After what happened in the Boston bombing, Germany sex assaults, the extreme muslim who shot everyone in a gay club and the France shootings. It is obvious that Donald Trump is just looking out and protecting his own people.
    You accuse Donald Trump of controlling and stopping migration but countries like Saudi Arabia have tough immigration rules against refugees themselves.

    Donald Trump might be tough on immigration of muslims, but he is very good at improving America's economy and re-engaging with UK and globally. Hillary Clinton might have been tolerant against muslim refugees but on the other side of the scale, she would have ruined America's economy. She would have also put UK at the back of the queue of a trade deal.
    He literally said that "Islam hates us". It's obvious that he hates Islam and that he is an enemy of the ummah
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    (Original post by BigTraderBoi)
    He literally said that "Islam hates us". It's obvious that he hates Islam and that he is an enemy of the ummah
    He said that "Muslims hate us" as in 'some muslims hate americans'. And yes, some muslims do actually hate americans/british people. Especially the extreme muslims. They dont integrate. They tell their kids to study at separate schools. They isolate themselves from the white. Some hate western culture. Thats what Trump was talking about and thats what made him say "muslims hate us".

    He might not need to be so worried about these things but at the end of the day, he is just looking out for his country.
    But at the same time, he actually gets things done and is improving American's economy. Unlike Obama who cracked alot of jokes and gave everybody the impression that he's a nice chap but ignored the economic difficulties of ordinary Americans.
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    Before you get carried away, then lets wait and see. markets go down as well as up and apart from signing executive orders little has been done so far.
 
 
 
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