Independent you have a lot of leverage in the energy world. Also because we are the recipient purchasers of most countries goods other countries makes stuff and sell it to us they need to sell it to us, we make stuff, it would be nice to sell it to them but mostly we sell it to ourselves. Trump understood those things and realize we can fix the American Economy if he could get us off of middle east energy he could use trade wars to renegotiate the agreements with china, with japan, with south korea mexico and canada. The United States in a far better position, have much more leverage and then start negotiating my advice is that now that you have china in the phase 1 trade agreement, you have a trade agreement with mexico and canada, one with japan and south korea, probably get one with the bricks by the end of the year. We now have a consortium and trading blocs where we can go to china, a lot of us have the same complaints about the chinese treatment and we could go as a block led by
In advance of the Republican National convention we want to show you related other programs from our archives. Coming up, programs about donald trump and his supporters thoughts on how to win reelection in november. First up from this past february on our either Interview Program afterwords k t mcfarland recalls her time working for the president. Trump understood if you rebuild the American Economy to make the strongest economy in the world, all the middle east oil and make America Energy independence, you have a lot of leverage in the energy world and also because we are the recipients of purchasers, other countries make stuff and sell it to us. They need to sell it to us. We make stuff, trump understood and realized if he could fix the American Economy, get us off of middle east energy could use trade wars to renegotiate agreements with china, japan, south korea, one with britain soon, mexico and canada. Put the United States enough far better position of much more leverage and then
At the end of this book i realized after a long period of thoughtfulness and i went into the wilderness. Is that america goes through these divisive periods roughly every 40 years. Why . We are a very dynamic country. Socially, economically. We are constantly reinventing ourselves. Not just as individuals but as a nation and government by its nature, its a status quo institution. This is how weve always done things. We will do things the same way again. Its people will then gets dark. America is set up to have these revolutions. Political revolutions. We had one in the beginning but ever since then, weve mostly had the revolutions that have played out and thats what we are in the middle of now. One of the things you said in the beginning of your book. You said without definitions, we are talking past each other or more likely just screaming at each other. Before we spoke, we had a conversation about the idea we can have constructive dialogue across the aisle. Which might make for good
Revolution and trump in washington. I will get right into the idea revolution. We say in the book, america has been through viciously divisive. Far worse than today. With history we can see them as points in the transitional periods between old system that is broken down and a new one largely information. Are we at an intersection point absolutely enter the best example of it, isnt in 2016 in a republican primary it was a real civil war on the Republican Party that the establishment rep. Five jeff bush and others, couldnt get the nomination are they making people who got it, revolutionary donald trump. And the are going to the same thing right now. And theyre having a civil war in the party. What is going to be the traditional democrats, is it going to be some outsider. It will be a socialist. But i think that is indicative of the fact that it just doesnt work pretty and the things that have worked for the last 40 years to govern the people, it really has not kept up in the country. An
Well. An interesting reaction to what we got out of the fed today. For more analysis, lindstedt deeper with abigail. Everyone is paying attention to the possible liquidity crunch. Going skyhigh. Not so much over the last today. Lets look at this rate coming back down as the fed did one yesterday then again today injecting liquidity into the system. Yesterday and analysts said there was not a liquidity crunch or anything to be worried about. These are the puts on the s p 500. You can to the bearish interest spiking skyhigh in october then again in december. This year pretty low as we have had stocks going higher. In august you see that it was high but more recently, look at this actually coming down as the overnight lending rates were going higher telling you that the bearish options investors are not that bearish. I wanted to take a look at dollars dynamics and the strengthening in the dollar that we saw in that announcement particularly because the fed might be more hawkish than origi