Extremely that would send an already sagging market even lower to the weekend when President Trump spoke, he was so mad that the market was able to make a comeback, now ultimately dipping just 18 points the nasdaq surging 1. 29 lets understand our idea of measured response is not chinas idea of a measured response. I think theyre going to see this as a real provocation, and theyll feel compelled to respond, which brings us to the game plan for next week. Mondays all about retaliation from china at this point, we all know how this story goes, right it always is tit for tat every time President Trump lands a blow, its met with a counter blow we have to presume china escalates things, if only to show they understand the end game, which seems like containment or isolation except this time maybe were the ones being contained. For decades we refused to recognize the peoples republic of china and our government treated them like an outlaw or the outlaw that they were. Then president nixon in
Hour the hearing is still going on behind me, but already there have been several fiery moments, including some from senator sherrod brown, the ranking democrat on the committee. In his opening statement, he compared facebook to a toddler playing with matches and said that it would be delusional for anyone to trust facebook with their finances, when the company has already broken so many promises on privacy. He then tried to get david marcus, a facebook executive whos testifying to make his own promise, and that is to receive his salary in libra. Senator, if your question is whether i would trust all of my assets in libra, the answer is yes. Do you trust this enough to make your compensation paid fully in your currency senator, i would, because it is backed one for one with a reserve. You could have said yes at the beginning of the question, then senator, with respect, i wanted to clarify that were not trying to compete with Bank Deposits he has said that statement repeatedly, that fac
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