time protecting the fundamental character of morrisons . i m joined now by adam leyland, editor of food and drink industry magazine the grocer. why are they so desperately by morrisons? the why are they so desperately by morrisons? why are they so desperately by morrisons? , ., , morrisons? the first thing to say is the re morrisons? the first thing to say is they re paying morrisons? the first thing to say is they re paying a morrisons? the first thing to say is they re paying a of morrisons? the first thing to say is they re paying a of money. - morrisons? the first thing to say is they re paying a of money. the - morrisons? the first thing to say isj they re paying a of money. the key thing is they have a lot of money right now, flush with money, these american companies from quantitative easing. british supermarkets are cheaper since brexit, because of course the value of the pound against the dollar has weakened. they are more affordable and also quantitative easing mean
whereas in previous generations, i think there were far more, given we had gone through two world wars, far more political leaders with military experience who had greater understanding of the sort of thing. colonel, i m sure you ve been watching things unfold over the weekend. you must have played through a scenario that you would have expected. what should have happened? well, my first point i think would be that we should not. president biden should not have made a decision to unconditionally withdraw. but given that s what he did back in may, i think that the real problem was the speed at which he did it. it was far too quick, and it didn t give time for the afghan government and the afghan security forces to readjust and plan and prepare for a totally different situation they were now facing in so many ways. secondly, he did it at the height of the taliban fighting season.
past presidents. and that s certainly in that cnbc seeing that. charleston had a whole lot to say when we talked to him. that s the wage growth thing that s the chart i keep saying put it up. put it up. show blue collar wages. show me blue collar wages over the last two decades. over the last three decades. again, this is an awakening. this is a renaissance in this country. it s been absolutely phenomenal. the market would not be the same. it s great that the federal reserve changed course. this couldn t have happened if the fed kept raising rates. still need to underlying economy. you need that american consumer who is confidentiality. has a lot of money because of those wages. ed: immediately after that we got charles a cup of decaf. no, no, seriously. he is right. it s on fire right now. is he right to be excited about saying look. this is good for american workers. because, yeah, you hear the criticism oh the stock market doesn t really matter to average people. tell that to the
you cannot blame president trump if he s the ultimate negotiatorer. look how he s pushing back on china. they reneged on the phase one deal. that s why the markets are done. saying it wouldn t be surprised if it escalates but the stock market doesn t look it. neil: democrats have always been seizing on the president for not being very diplomatic or not showing discretion at these international venues. but he lets everyone know where he stands. he let certainly a lot of his ally leaders know enough is enough. you have to pay up when it comes to nato, you have to be more consistent and open. he unleashed that. what do you think? i think when it comes to nato, you know, president trump hits on sort of underlying truth, which is the american economy has had to shoulder a lot of the burden even though the standards have raised with the amount of defense spending that nato countries are putting
pete: president trump warning this week that financial markets would crash if congressional democrats impeach him at the conclusion of the official inquiry. tweeting this if they actually did this the markets would crash. do you think it was luck that got us to our best stock market and economy in our history? it wasn t. here from kings college in new york city and rabid minnesota twins fan professor brian brenberg. we will get to the twins. going to the would it take it south. the stock market doesn t care if congress gets distracted on one hand. often congress with bad news for the market and businesses. they can do a lot to mess things up. we have seen this in past impeachment inquiries. they don t care if congress gets distracted. the problem here congress has on its plate it should have gotten done an along time ago one of them is