Trump destroys Chinese economy - by 150% no less

[packman]

President Donald Trump let fly a jaw-dropping lie in a chatty interview with CNBC Monday, saying that because of his get-tough trade war with China, the Asian nation’s economy has lost ?$15 to $20 trillion in value since the day I was elected.”


The Chinese economy is worth an estimated $13 trillion (it was $12.2 trillion in 2017, according to the World Bank). To wipe out 150% of China’s GDP would erase the country from the world economy and would be pretty ― incredible.


Contrary to Trump’s whopper, the Chinese economy has continued to expand over 6% a year since he was elected

- around the 26 min. mark

https://www.huffpost.com/entry/trump-false-claim-china-economy_n_5cff4567e4b0b02180860b26

What irritates me is that that station gave him a 1/2 hr. of speechifying without any blow-back or serious questions. Reminded me of 2016 where he was given free time from the Harold Stern to Morning Joe shows.

[watoos]

1. Trump reminds me of somebody.

When I was working I was easily convinced to stop for just one after work. There was this one guy who would bar hop to get free drinks when we would buy a round. He knew everything about everything. He had the coldest temperature at his house that day, he shot the biggest buck, caught the biggest fish. We all made a conscious effort to make sure there wasn't an open seat close to us. Everyone knew that he was full of shit, no one believed a word he said, he got to be extremely annoying, but he was harmless because he wasn't president of the fucking United States.

[Midnight Writer]

2. CNBC is as bad as Fox, another Ailes project. Even their investment pros are pitchmen.

The hosts worship at the altar of supply side Laffer economics, which is pure crankery designed to make the rich richer and the poor poorer.

[ExciteBike66]

3. Even if it was true, why is that a good thing?

He would be proud of impoverishing over a billion people? Would he take responsibility for the consequences?

[democratisphere]

4. CNBC exists to serve its wealthiest masters.

The wealthiest masters are killing off their most prized possession; the American consumers.
China is eating our breakfast and lunch and working on our dinner.

[uponit7771]

5. wow shoes there are still people who cater to red Don's stupidity

[Wellstone ruled]

6. CNBC has always been known as the

Day Trader Network. If one is savvy to the Stock Broker Lingo,you will pickup on their insider tips. Goldman and Morgan run huge Day Trader Networks.