Trump's threat to halt trade 'will make the Great Depression look like a walk in the park': Analyst

[media=https://www.youtube.com/watch?v=-YhSVjgvlzU]

Canada's retaliatory tariffs are now in effect in the latest escalation in President Trump's trade war. Trump also threatened to cut trade off with more countries if the Federal Reserve doesn't cut interest rates. NOTUS Reporter Jeff Stein and MS NOW Business Analyst Ron Insana join Stephanie Ruhle with their analysis.

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MarkPaul · 26-30, M

Yeah, but Cry-Baby-trump has AI pics on his side...

and...

and...

So, he's winning! Just ask any maga-nut.

NudasPriest

Trump's brain makes peas look huge.

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Convivial · 26-30, F

Seat belt time

KunsanVeteran · M

@Convivial [media=https://www.youtube.com/watch?v=xGytDsqkQY8&list=RDxGytDsqkQY8&start_radio=1]

Picklebobble2 · 61-69, M

Is anyone in the U.S actually falling for all this ?

And who is buying a new car ? Now ? At this time of year ?

I mean you'd expect demand to drop off this time of year as folk are scrambling to minimise debt as the year comes to a close and silly season kicks in (accumulated extra debt on credit cards on Christmas spending; food prices for traditional Christmas fare; gas prices for travel...)

And you can bet business is already way ahead of where this is going and are making plans post '26.

whowasthatmaskedman · 70-79, M

@Picklebobble2 Nearly all the big corporates are leveraged to the hilt right now. You want to know why Trump cant afford the Fed to raise rates? Because half the stock market would collapse. As it is, the inflation will take as much as a year to really bite as the printing presses run hot. But by then the global economy will have made the decisions that Capitol Hill wouldnt and the $US will collapse..Even now they are printing money to buy their own T bonds and pay the interest on what they already owe..😷

KunsanVeteran · M

@whowasthatmaskedman Sadly, you are right. And will The Fed stand up to Demented Donnie and do the right thing? It won’t make much difference if they do (more of a symbolic gesture) but it would send the right message.

Once again, Demented Donnie falsely claims “expertise” when all he’s got is gross ignorance!!!

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