“Trump-proofing” global economies can be “very difficult” and may require Europe to boost their competitiveness and be “strong at home,” various global leaders said at the recently concluded World Economic Forum (WEF).
During “The Global Economic Outlook” panel on Friday, Bloomberg host Francine Lacqua asked members how they should “Trump-proof” their economies to prepare for President Trump winning a second term in the White House. “If somebody has a way to do that, I think they should patent it and probably sell it to somebody else,” said David Rubenstein, the co-founder of the Carlyle Group, one of the biggest private equity firms in the world. This would be “very difficult to do,” he added.
