Transcripts for MSNBC MSNBC Live With Ali Velshi 20191202 20

Transcripts for MSNBC MSNBC Live With Ali Velshi 20191202 20:59:00

if the president wants to devalue the dollar and not make us the reserve currency, we are going to have a lot of other costs to pay, and there are going to be much higher interest rates on that debt that we have got out there, which is now skyrocketing. >> what do you make of this weakness in the manufacturing number? >> i think it's a continuation surprising with the gm strike playing out it is a continuation of global weakness that we are seeing and a residual of the uncertainty on trade and the trade wars we are already in. >> diane, good to talk to you as always. she is the chief economist at grant thornton. markets are are in the process of having a very rough day. the dow is evening out a little bit but it's down 254 points now, nine-tenths of a percent. this is on a combination of this manufacturing weakness of the absence of a drad deal with china, and more concerns about the economy in general. that wraps up the hour for me.

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