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Dow Drops As China Trade War Escalates | Velshi & Ruhle | MSNBC


ON THAT FRONT.>>THAT’S GENEROUS.>>THAT’S GENEROUS.>>SO GOOD TO SEE YOU ALWAYS,>>SO GOOD TO SEE YOU ALWAYS, SUE HERRERA. SUE HERRERA.>>IT IS WORTH TAKING A LOOK AT>>IT IS WORTH TAKING A LOOK AT SOME OF THE INDICATORS THAT THEY SOME OF THE INDICATORS THAT THEY MAY LOOK TO OR YOU MAY LOOK TO. MAY LOOK TO OR YOU MAY LOOK TO. THE FIRST THING WE HAVE BEEN THE FIRST THING WE HAVE BEEN TALKING ABOUT IS THE YIELD TALKING ABOUT IS THE YIELD CURVE. CURVE. THIS IS A 10-YEAR BOND AND THIS IS A 10-YEAR BOND AND 2-YEAR BOND. 2-YEAR BOND. THE GREEN ONE IS SHORTER TERM. THE GREEN ONE IS SHORTER TERM. THE LONGER TERM BOND PAYS MORE THE LONGER TERM BOND PAYS MORE THAN THE LOWER TERM BOND. THAN THE LOWER TERM BOND. THAT HAS INVERTED AND CROSSED. THAT HAS INVERTED AND CROSSED. IN OTHER WORDS, STRANGELY YOU IN OTHER WORDS, STRANGELY YOU DON’T GET MORE MONEY FOR KEEPING DON’T GET MORE MONEY FOR KEEPING YOUR MONEY IN A TEN-YEAR BOND YOUR MONEY IN A TEN-YEAR BOND THAN A TWO-YEAR BOND. THAN A TWO-YEAR BOND. A LOT OF REASONS FOR THAT. A LOT OF REASONS FOR THAT. YOU DON’T NEED TO KNOW THE YOU DON’T NEED TO KNOW THE DETAILS FOR THAT RIGHT NOW. DETAILS FOR THAT RIGHT NOW. WHEN YOU GO BACK TO SEVERAL WHEN YOU GO BACK TO SEVERAL RECESSIONS. RECESSIONS. THIS TENDS TO BE AN INDICATOR THIS TENDS TO BE AN INDICATOR THERE IS A RECESSION COMING. THERE IS A RECESSION COMING. THE YIELD CURVE NOW IS CROSSED THE YIELD CURVE NOW IS CROSSED AGAIN AND INVERTED THREE TIMES. AGAIN AND INVERTED THREE TIMES. THE NEXT THING, THE NEW YORK THE NEXT THING, THE NEW YORK FEDERAL RESERVE RECESSION FEDERAL RESERVE RECESSION PROBABILITY MODEL. PROBABILITY MODEL. AT THE MOMENT, THE MEASURE IS AT THE MOMENT, THE MEASURE IS PATRICKING A PATRICKING A PATRICK PATRICK PREDICTING A BETTER THAN 30% PREDICTING A BETTER THAN 30% RECESSION. RECESSION. IT PREDICTED RELATIVELY WELL. IT PREDICTED RELATIVELY WELL. THERE IS NO RECESSION THERE IS NO RECESSION PREDICTIONS SINCE THEN. PREDICTIONS SINCE THEN. IT HAS BEEN MEANINGFUL AND SOME IT HAS BEEN MEANINGFUL AND SOME ACTIVITIES IN 2013, STARTED ACTIVITIES IN 2013, STARTED GOING OUT WITH THE ELECTION OF GOING OUT WITH THE ELECTION OF PRESIDENT TRUMP. PRESIDENT TRUMP. IT IS SHUT-UP WITH THIS TRADE IT IS SHUT-UP WITH THIS TRADE WAR, IT IS PREDICTING A WAR, IT IS PREDICTING A PREDICTION BY NEXT FALL. PREDICTION BY NEXT FALL. THERE IS THE LEADING ECONOMIC THERE IS THE LEADING ECONOMIC INDEX. INDEX. LEI. LEI. WHEN YOU SEE SOME ECONOMIC WHEN YOU SEE SOME ECONOMIC NUMBERS LIKE THE JOB NUMBER. NUMBERS LIKE THE JOB NUMBER. IT IS ALWAYS LIKE THE LAST MONTH IT IS ALWAYS LIKE THE LAST MONTH AND NOT TELLING YOU WHAT MAY AND NOT TELLING YOU WHAT MAY HAPPEN NEXT. HAPPEN NEXT. THE LEADING ECONOMIC INDICATORS THE LEADING ECONOMIC INDICATORS ARE THOSE INDICATORS THAT TELL ARE THOSE INDICATORS THAT TELL YOU WHAT’S HAPPENING NEXT. YOU WHAT’S HAPPENING NEXT. IT IS SUGGESTING THAT WE MAY BE IT IS SUGGESTING THAT WE MAY BE PLATEAUING. PLATEAUING. WE ARE TALKING ABOUT GROSS WE ARE TALKING ABOUT GROSS DOMESTIC PRODUCTS. DOMESTIC PRODUCTS. GDP. GDP. THAT’S WHEN IT PLUMMETED IN THE THAT’S WHEN IT PLUMMETED IN THE LAST RECESSION. LAST RECESSION. IT HAS BEEN A FAIRLY NORMAL IT HAS BEEN A FAIRLY NORMAL RANGE OF THINGS. RANGE OF THINGS. YOU CAN SEE IT IS POINTING YOU CAN SEE IT IS POINTING DOWNWARD. DOWNWARD. WE GOT DECENT GROWTH RIGHT NOW. WE GOT DECENT GROWTH RIGHT NOW. IT IS REALLY HARD. IT IS REALLY HARD. IT IS NOT A SCIENCE. IT IS NOT A SCIENCE. A RECESSION IS ABOUT PEOPLE’S A RECESSION IS ABOUT PEOPLE’S BEHAVIOR. BEHAVIOR. WHEN YOU THINK YOU ARE NOT GOING WHEN YOU THINK YOU ARE NOT GOING TO EARN MORE MONEY OR A COMPANY TO EARN MORE MONEY OR A COMPANY IS NOT GOING TO EARN MORE MONEY. IS NOT GOING TO EARN MORE MONEY. IT CHOOSES NOT TO EXPAND OR LAY IT CHOOSES NOT TO EXPAND OR LAY OFF WORKERS OR PEOPLE CHOOSE NOT OFF WORKERS OR PEOPLE CHOOSE NOT TO SPEND. TO SPEND. THAT’S WHAT BRINGS YOU A THAT’S WHAT BRINGS YOU A RECESSION. RECESSION. OUR HARVARD PROFESSOR. OUR HARVARD PROFESSOR. EIGHT CENTURIES OF FINANCIAL EIGHT CENTURIES OF FINANCIAL FALL. FALL. HE’S THE CHIEF AT THE HE’S THE CHIEF AT THE INTERNATIONAL MONETARY FUND. INTERNATIONAL MONETARY FUND. KEN, SO GOOD TO SEE YOU. KEN, SO GOOD TO SEE YOU. THANKS FOR BEING WITH US. THANKS FOR BEING WITH US.>>THANK YOU, ALI.>>THANK YOU, ALI.>>ARE YOU SCREAMING FROM THE>>ARE YOU SCREAMING FROM THE TOP OF THE HILL OF A RECESSION. TOP OF THE HILL OF A RECESSION. YOU THINK ONE WILL COME AND MOST YOU THINK ONE WILL COME AND MOST ECONOMISTS BELIEVE THEY COME ECONOMISTS BELIEVE THEY COME AFTER A CERTAIN AMOUNT OF TIME AFTER A CERTAIN AMOUNT OF TIME OF GROWTH. OF GROWTH.>>WELL, WE ARE SEEING A SHARP>>WELL, WE ARE SEEING A SHARP SLOW DOWN OF CHINA AND IN EUROPE SLOW DOWN OF CHINA AND IN EUROPE AND GERMANY. AND GERMANY. GLOBALLY THERE IS A SLOW DOWN. GLOBALLY THERE IS A SLOW DOWN. ARE WE LITERALLY GOING TO HAVE A ARE WE LITERALLY GOING TO HAVE A RECESSION? RECESSION? WILL THE ECONOMY SLOW DOWN FROM WILL THE ECONOMY SLOW DOWN FROM ALL THIS? ALL THIS? FOR SURE. FOR SURE.>>LET’S TALK ABOUT THE>>LET’S TALK ABOUT THE PRESIDENT GOING AT IT WITH JAY PRESIDENT GOING AT IT WITH JAY POWELL. POWELL. HE’S BEEN DOING THIS FOR A HE’S BEEN DOING THIS FOR A WHILE. WHILE. THERE’S A BIT OF A SLOW DOWN AND THERE’S A BIT OF A SLOW DOWN AND THE TRADE WAR PROBABLY HAVING A THE TRADE WAR PROBABLY HAVING A NEGATIVE EFFECT ON ECONOMIC NEGATIVE EFFECT ON ECONOMIC GROWTH. GROWTH. UMA I UMA I YOU MAY THINK IT IS WORTH IT OR YOU MAY THINK IT IS WORTH IT OR NOT WORTH IT TO FIGURE OUT OUR NOT WORTH IT TO FIGURE OUT OUR FUTURE RELATIONSHIP WITH CHINA. FUTURE RELATIONSHIP WITH CHINA. TODAY WE HEARD FROM JAY POWELL, TODAY WE HEARD FROM JAY POWELL, HE’S SPEAKING OUT AGAINST HIS HE’S SPEAKING OUT AGAINST HIS POLITICAL ACCUSATIONS TELLING POLITICAL ACCUSATIONS TELLING THE PRESIDENT THAT’S JUST NOT THE PRESIDENT THAT’S JUST NOT TRUE. TRUE.>>WHAT JAY POWELL SAID TODAY>>WHAT JAY POWELL SAID TODAY WAS REMARKABLE. WAS REMARKABLE. ALL BUT PUNCHING PRESIDENT TRUMP ALL BUT PUNCHING PRESIDENT TRUMP IN THE FACE WITH HIS REMARK. IN THE FACE WITH HIS REMARK. LOOK, WE CAN’T REWRITE THE BOOK LOOK, WE CAN’T REWRITE THE BOOK ON TRADE. ON TRADE. HE’S BASICALLY SAYING YOU’RE HE’S BASICALLY SAYING YOU’RE BLAMING US, IF YOU WANT TOP KNOW BLAMING US, IF YOU WANT TOP KNOW WHY EVERYONE IS WORRIED ABOUT A WHY EVERYONE IS WORRIED ABOUT A RECESSION. RECESSION. LOOK IN THE MIRROR. LOOK IN THE MIRROR. IT WAS QUITE REMARKABLE. IT WAS QUITE REMARKABLE. IN TERMS OF EVERYONE THAT’S IN TERMS OF EVERYONE THAT’S THERE, THEY HEARD IT LOUD AND THERE, THEY HEARD IT LOUD AND CLEAR. CLEAR. HE TURNS AROUND AND SAYS THIS HE TURNS AROUND AND SAYS THIS PERSON IS ENEMY NUMBER ONE ALONG PERSON IS ENEMY NUMBER ONE ALONG WITH THE PRESIDENT OF CHINA. WITH THE PRESIDENT OF CHINA.>>YOU UNDERSTAND GLOBAL ECONOMY>>YOU UNDERSTAND GLOBAL ECONOMY IISTS IISTS ECONOMY — IT PROBABLY WOULD ECONOMY — IT PROBABLY WOULD HAVE BEEN FIXED IF WE WERE APART HAVE BEEN FIXED IF WE WERE APART OF THE TTP OR TO HAVE A UNIFIED OF THE TTP OR TO HAVE A UNIFIED FRONT ON CHINA. FRONT ON CHINA. WE DIDN’T DO THAT. WE DIDN’T DO THAT. WHAT’S THE LIKELY OUTCOME NOW? WHAT’S THE LIKELY OUTCOME NOW? WE SEEM TO BE ESCALATING OUR WE SEEM TO BE ESCALATING OUR FIELGT WITH FIELGT WITH FIGHT WITH CHINA. FIGHT WITH CHINA. CHINA IS HURTING A LOT AS A CHINA IS HURTING A LOT AS A RESULT OF THIS TRADE WAR. RESULT OF THIS TRADE WAR. HOW DOES THIS IN YOUR OPINION HOW DOES THIS IN YOUR OPINION END? END?>>I HAVE NO IDEA.>>I HAVE NO IDEA. CHINA IS HURTING A LOT WORSE CHINA IS HURTING A LOT WORSE THAN THE UNITED STATES. THAN THE UNITED STATES. CHINA IS A BIG ECONOMY THAT CHINA IS A BIG ECONOMY THAT KAREEMING’S KAREEMING’S ALL OVER THE WOELHOLE WORLD. ALL OVER THE WOELHOLE WORLD. WE ARE GOING TO FEEL IT. WE ARE GOING TO FEEL IT. YOU ARE NOT GOING TO GET RID OF YOU ARE NOT GOING TO GET RID OF THE PRESIDENT OF CHINA BY MAKING THE PRESIDENT OF CHINA BY MAKING THEM FEEL SOME ECONOMIC PAIN, THEM FEEL SOME ECONOMIC PAIN, THE UNITED STATES IS LOSING FROM THE UNITED STATES IS LOSING FROM THIS ALSO, WE ARE NOT LOSING AS THIS ALSO, WE ARE NOT LOSING AS MUCH. MUCH. I DON’T KNOW WHAT THE LONG RUN I DON’T KNOW WHAT THE LONG RUN WILL BE. WILL BE. I DON’T KNOW THE RIGHT WAY TO GO I DON’T KNOW THE RIGHT WAY TO GO ABOUT IT. ABOUT IT. IF YOU WANT TO ASSERT WHAT THIS IF YOU WANT TO ASSERT WHAT THIS STOCK MARKET IS WORRIED ABOUT STOCK MARKET IS WORRIED ABOUT AND WHAT BUSINESSES ARE WORRIED AND WHAT BUSINESSES ARE WORRIED ABOUT AND WHY THEY ARE NOT ABOUT AND WHY THEY ARE NOT INVESTING, IF YOU WANT TO ASSERT INVESTING, IF YOU WANT TO ASSERT THAT BECAUSE OF FED POLICIES, THAT BECAUSE OF FED POLICIES, THAT’S JUST NUTS. THAT’S JUST NUTS. IT IS MOSTLY THIS HUGE UNSERNTS

Stephen Childs

83 Comments

  1. 'Trade wars are easy to win.' – Donald Trump

    Guy can't even comb his own hair, talking about trade wars….Jesus Christ.

  2. 64% of Federal arrests in 2018 were of non-U.S citizens. Justice Department.

  3. It's a war that we will win. The MSM wants us to lose. They hate TRUMP more than they care about AMERICA.

  4. The world economy is going to hurt as we get into a trade war with China…but China will hurt a lot more then we will. They been ripping us off for years and they must be stopped before it's too late. Billions of dollars are already moving out of China, China's worst nightmare…BRAVO TRUMP.

  5. The Trump Slump Is Now In Full Effect. Those Of You Who Choose To Support This Maniac Deserve The Result. Less & Less 💸 Unless , You Are Ultra Rich Like Donald. Then You Make Money. That's , MAGA.

  6. Find out which Trump Family and Associates played a major Market Short today and watch how they pay back Donald Trump and/or his family for talking the Markets down.

  7. Don't forget the trillion dallor debt for tax cuts to the highest incomes that didn't 'pay for themselves'.

  8. lol check that DGP chart, do you see Obama years compered to Trump ? durrrfffff of course you don't because MSNBC wants to keep their viewers uninformed

  9. 23 trillion in debt
    Think Americans are being conned everywhere
    You need to support that bill somehow
    How is the question?
    I know steal somebody's oil like the last time

  10. America buying Greenland ? ,, By this time next year, the "For Sale" sign will be on the front lawn of America,

  11. And I thought that Loony Tunes was cancelled in 1969, but here's trump:
    https://www.youtube.com/watch?v=4xOFGVD4yNI

  12. TRUMP INHERITED A GREAT ECONOMY FROM PRESIDENT OBAMA & HE'S SCREWING THAT UP JUST LIKE WHEN HE INHERITED $415 MILLION FROM HIS DADDY & SCREWED THAT UP TO & WENT $1.5 BILLION INTO DEBT BUT IF HIS BASE HAD ANY SENSE THEY WOULD HAVE KNOWN THAT A PERSON WHO HAD 6 BANKRUPTCIES COULDN'T RUN A COUNTRY ESPECIALLY SINCE HE COULDN'T EVEN RUN HIS OWN COMPANIES!!🆗🇺🇸✌😂😂😂

  13. Hope America fails and gets attacked!! Lights out in NYC for years!! Bring on the violence!!

  14. Trump is a fools heron. I’ve said over and over China is not a real estate deal. Trump is trying to bait and tariff tactics which has come to pass. China is not Mexico sorry it’s going to get crazy. Trump is a darn fool. I wonder how long would it take the American people to figure this out.

  15. During the last recession I watched Velshi everyday on CNn as I was unemployed. Totally trust him…he's a rockstar

  16. Always Great time to buy when the market drops.. China is going to pay dearly for their espionage against the USA the LAST 20 yrs .. I want you all to know where the heatwarped and melted steel went that was pulled from the rubble at ground zero on 9-11. I'm sorry for the people of CHINA whpo are going to bear the pain that is coming for failing to stop their evil government

  17. Tump is right about China, they are investing and trading more with Africa and eventually won't need the USA.

  18. Xi picked today today to threaten a tariff escalation, because he wanted Trump to go off the the G-7 in the biggest possible dither. He seems to have succeeded. We will have to wait til next week to see if he goes through with it or not.

  19. And on cue , msnb🤡 playing right into China’s hand , by trying to convince stupid people that America is doomed to lose this battle
    China needs our economy , we don’t need the Chinese economy
    Pull your big boy pants up , pay a little extra , and start backing America , instead of China !

  20. China is not hurting. Give me a break. Keep saying it, it might come true.

  21. I dont believe it that this is happening? China will never back down… they are good at waiting out for very long time… its people are used to living with minimum needs… Finally mr Trump has got into a powerful nation.. China is not Iran or NK or Iraq or Russia… now we will see the match…

  22. Since Bill Clinton, the globalists rob the American people by moving the manufacturing in China and then selling back the goods in USA tax free, because China (and other countries as well) were exempt from taxes. Go in the mall and check the labels, everything is made in China. When Trump said China robbed usa about 500 billions, that only the Chinese share, no the globalists one. that's the reason the media "hate" Trump, they are paid by the globalists!

  23. Trump is like Hitler in the bunker in 1944 right now. Totally isolated and crazy.

  24. China is used to dealing and surviving in hard times. The people know how to survive on the very bare-bones minimum. Unlike the people of America. And Trump, doesn't know how to form a proper and complete sentence as of late.

  25. If stocks drop it just means I can buy stocks for less now. Buy low. Sell high.

  26. I suggest that the Chinese government should impose tariffs on all intangible goods from USA.

  27. SAME OLE THING!! Usually the press don't like GOP administrations per say, so usually they invent the "sky is falling economic scare tactic" until they get a democrat as President …

  28. I hope 40% of all Americans lose their jobs. The 40% who voted for Trump and who still support him. Now that would be karma.

  29. Trump Is Sticking Up For The American People…We Dont Need China…Go Trump 2020.

  30. DJT is an addicted doubling-down, all or nothing gambler. He said "all my life has been a bet". Few such people win in life. Actually there are many of those among them who live in ruin, wretched lives. DJT is nearing his end. A pathological liar and racist, there is now blood in his hands. His rise to hold power of a superpower nation appears to have been the end of the line. Mueller said he can be tried after he is in the WH. And, of course he may be impeached before. Certainly his fall will be spectacular on world stage. And, that could be an example in human history and all societies. It will be well known around the world at in this easy and fast communication… serving a clear example of how to get rid of dictators through a fair and legal process applying the laws within the Constitution peacefully, under the rule of law, to get rid of DJT. A spectacular fall seems only appropriate for the criminal acts of a doubling-down gambler whose questionable and Machiavelli power grab was equally notorious and ominous, and unseen, in the USA.

  31. Trump's tweets on the federal reserve chairman and the other person from China is not going pretty well.

  32. "China is hurting more than America"
    Yes, because America paying more tax for 200 billion dollars worth of goods is definitely less painful than China paying more for 75 billion.

    Great maths right there.

  33. Why have Rogoff on? Colbert Report summary of Rogoff findings? http://www.cc.com/video-clips/dcyvro/the-colbert-report-austerity-s-spreadsheet-error

  34. I wonder how many trips into the bush would it have taken before lieutenant Trump would have been fragged? I'm going to say 2.

  35. He "TRUMP" is a LOOSER and finally all you farmers, coal miners , steel workers , auto manufacturer's , religious fanatics , gun enthusiasts, all who hoped he was the chosen one , now know he isn't , he didn't only screw you all he screwed All of America and may be the single most reason that we lose the battle to be able to survive on this plant. Get him out !

  36. Stop talking recession. trump just broke the world economy. And as long as he is named trump, China will not be dealing with him at all.

  37. Ha there's many consequences for having trump lead the free world from Agriculture to Vladimir Xi ohhh Zillions of reasons

  38. …If this is some attempt to return jobs to America, companies will just go to India, if they leave China at all.

  39. And to think, Trump might have to embrace TPP for his salvation to get out of this bind. Lol

  40. Karma taking down gop congress for silence on dystrumphy and no actions on protecting Americans.

  41. No, China is not losing more than the US. The massive decline in the US's global standing is priceless, it's something they've always wanted, and they're getting it for next to nothing.

  42. America is screwed.. Thanks a lot Trump supporters.. We better pray that China doesn't call in the loan this country has with them.. This is just really messed up… I have a 401k and an IUL and it's not good!! He blames everyone but himself! This is all on TRUMP!!

  43. The Harvard guy is very short sighted n is talking based only from the view point of the US. Yes, thing's have slowed in China, but they are hardly suffering bcoz the fact is, they REALLY don't need the US. They're doing trade AND investing in so many countries around the world – from South America to Africa, India n Europe to Australia n New Zealand, the US is nothing more than just one slice of a really big cake. China has been investing heavily in infrastructure not just in China itself but even in the countries I've mentioned AND farming too! Listening to this guy shows me that even so called experts in the US can be dumb.

    The only way u can even begin to get a clue of the vastness of China's real strength n power is to travel extensively there to survey the cities, the economic systems n idealogies n maybe then u can start to understand what a giant China is. This video is white talk by white fools. Sorry, I don't mean to be racist but that's the truth. Americans don't travel much n their perspective of the rest of the world n how the rest of the world operates is very narrow bcoz they're looking at the rest of the world through a keyhole. Time to wake up n get real … If u don't, u won't be able to get smart.

  44. Trump is really really smart… This is a three birds with one stone move. 1. teach China a lesson, eventually force them to get in bed with American business and give US companies the ability to penetrate 2. Get stocks depressed now to pump them up next year before elections, controlled explosion (a.k.a. fireworks before elections) 3. Look tough (appreciated by his core base)…

  45. No Velshi, your show is promoting recession propaganda. That's what you're doing. Ain't gonna be a recession. Bet on it. Ooooh 30% chance. Ooooh, I'm so worried.

  46. Trump still doesn't understand what a trade deficit is and he still thinks that a trade deficit is what China steals from the US each year.
    He still says that China is paying for the tariffs on Chinese goods coming into the US and brags about how much tariffs have been collected to bailout the farmers. Can someone please explain to him that is dangerously wrong economics guided by backdoor economists. Trump is being laughed at by the world business community as being helplessly stupid.
    24aug2019.

  47. Speaking of the recession, the Energy sector of Western Canada is in the middle of another recession. We understand the pain of the rest of the world.

  48. You mean The Obama Recovery is ending, as the 1% puppet drumpf transfer our wealth to his 1% masters. Sadly they were only able to grab $2 Trillion before things started turning, wonder why. That's ok, your 1% owners are not done with us yet, we still have pennies!

  49. Sorry we don't need China who Ripped off America for DECADES because past presidents let them get away with it and did O to stop them because America was supposed to fall into a THIRD WORLD COUNTRY but our great WINNING President Trump saved America and he will be REELECTED IN 2020 MINUS THE CORRUPT DEMOCRATS IN CONGRESS WHO WILL NEVER AGAIN BE IN POWER GAME ,SET, MATCH GOD WINS= TRUMP WINS=THE AMERICAN CITIZENS WIN.DRAINING THE SWAMP

  50. What people should be investigating is who is benefiting from the market changes each time Trump pulls a stunt that throws Wall Street into a panic, and their relation to Trump. THERE you will find your smoking gun.

  51. The morons on the left talking as if they know something about economics.

  52. I can give you the number one reason for this recession we are in today that is Donald Trump's tax cuts to the billionaires and corporate overlords get them back you could also go to cut the military defense complex funds, they don't need a 20th of what they get.. The recessions gone.

  53. Trump is an international embarrassment and laughingstock , World leaders laugh at this clown.

  54. Trump, who played a successful businessman on TV, has been taking advice from a TV economist. What could go wrong? Putting a tax cut on the nation's credit card was a terrible idea in the Bush 43 administration and it has not improved with age in the time of the Trump team.

  55. Trump dun even know yet what he want to tweet ..not until he and his cronies get a fix on their positions in the stock market.. whether they are in long or short positions …then the tweets will come accordingly 🤣🤣🤣

  56. When economic downturn hit, those already in debt will always be hardest hit.
    So what US debt now..26trillion.?
    Americans cant survive through the next month. Most of you guys are just $400 away from $0 in the bank.
    Good luck to most of you.
    Your high calorie burger is about to get much costlier.🤣🤣

  57. The only way for Trump is down anytime you take from the poor and give money to the rich God will punish the country look out more hurricane and tornadoes and Fire taking money from the rich that is evil money

  58. Trump’s strategy is totally based on bluff. His assumptions about China is history of 20 years ago. The truth is US cannot take the pain that China can. China is playing a long game, they plan 20, 30, 50 years ahead, unlike the US on every quarter and 4-year, max 8-year term. Like the Vietnam war, US will lose even with overwhelming military might because it is fighting with the Chinese human spirit of resilience and nationalistic sacrifice. US cannot even stand not being able to buy Christmas gifts such that Trump has to shift the tariff start date to December.

  59. China knows what lean time are, it suffers from it every day.
    America is fat lazy and no clue what lean times means as it has not suffered this sense the great depression.

  60. His idiocy is doing in the world economy. A guy who brags about multiple bankruptcies is now tanking our economy? Who would’ve guessed? Oh my word!!!

  61. US consumers will pay for the tariffs (not the Chinese.) Price hikes on electronics, clothing, hardware, toys etc. etc. will come to a shop near you. Sadly they also hit our hard working farmers. Tariffs have never worked and will never work. Little wonder Trump's approval ratings are plummeting. Dude got to go!!

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