In One Chart: President Trump’s perfect storm

The problems faced by whoever lives in the White House may be bigger than any one president and, studies show, have escalated over the past decade.

President Trump, just like Barack Obama, entered office with great expectations and, in some cases, even greater promises. Trump has already had some high-profile setbacks — his two travel bans, which have been temporarily halted by two federal court judges, and his attempt to repeal and replace Obamacare, which was pulled before Congress was expected to vote it down. But these pale in comparison to the bigger challenges that lie beyond the gates of 1600 Pennsylvania Avenue, argues Charles Hugh Smith, a financial blogger on OfTwoMinds.com, political commentator and co-author of “Leverage: How Cheap Money Will Destroy the World.

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