Trump: bad for Anglo-Saxons and the dollar, but 'shipping may be a winner'

© Americanspirit

Of all the “implications-for-supply-chains-and-shipping-from Trump’s victory” articles so far, this is by far the best, from Splash247 columnist Andrew Craig-Bennett. It reads like a howl of rage, naming Mr Trump’s extraordinary win as a watershed that has brought Anglo-Saxon domination of world events to a close after two centuries. Oh yeah, and the implications for shipping? Mr Craig-Bennet believes another recession is on its way, while the dollar’s role as the global currency is finished: “The Fed won’t raise that interest rate – it will be printing dollars like they are going out of fashion, because, indeed, they will be going out of fashion.” The big winner will be China and possibly some shipowners: “The really good news is that there will be such a shortage of investment capital that shipping returns will rise as investment becomes scarcer.