President Trump Only Indicated He Is Going To Larn Tariff Crazy Fifty-Fifty If It Crashes The Stock Market

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Title : President Trump Only Indicated He Is Going To Larn Tariff Crazy Fifty-Fifty If It Crashes The Stock Market
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President Trump Only Indicated He Is Going To Larn Tariff Crazy Fifty-Fifty If It Crashes The Stock Market




Just moments ago, speaking on WABC Radio's “Bernie & Sid inwards the Morning’’ program, President Trump said that U.S.A. markets could confront about “pain’’ from the merchandise standoff amongst China.

"We create got to create things that other people wouldn’t do. So nosotros may create got a hit, but you lot know what, ultimately we’re going to hold upward much stronger for it,’’ Trump said.  “It’s something nosotros had to do, together with ultimately if you lot create got a await it’s non exclusively merchandise amongst mainland People's Republic of China - it’s everybody."

Of course, this is asinine utter since a merchandise state of war does nix but shrink the economies of the trading partners involved together with does nix inwards a positive direction.

It is non surprising that the stock marketplace is reacting then negatively (coupled amongst the chop-chop falling coin furnish increment that I reported on inwards today's EPJ Daily Alert)

I warned before this calendar week (See:  What Is Anti-Trade Adviser Peter Navarro Telling the President About the Crashing Stock Market?) that the crazed anti-trade Trump adviser Peter Navarro was feeding Trump the line, "The hurting is practiced inwards the long run."

Specifically, I wrote:
We tin assume that Navarro is telling Trump the same affair behind unopen doors: "Don't worry Mr. President, nosotros are playing chess here. It's what happens inwards the long run that counts together with inwards the long run nosotros volition musical rhythm out the Chinese." What a mercantilist, nationalist nut job, who merely happens to immediately hold upward inwards accuse of the mental IV that Trump is getting daily.
And then the WABC radio comments demo that the IV has indeed reached Trump's brain. And this won't hold upward bad merely for the stock market. The to a greater extent than aggressive Trump becomes inwards the tariff arena, the to a greater extent than he volition shrink global merchandise together with forcefulness the criterion of living downward for all of us.

-Robert Wenzel 




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