Did not give a lot of clarity on wednesday, maybe itd be september. Then fridays economic data showed a boost in unemployment, not good. Then we had a weekend full of Fear Mongering around the middle East And Iran attacking israel. Then you had the japanese market go down, the largest amount since 1987. All of that together added to this crazy fear thing. We saw the vicks spike above 65 today, which showed fear, as your prior speaker said, not panic but fear. So i dont think this is much a reflection on the economy as much as a perfect storm around all these components happening in the market. You know, fundamentally, nothing that much has changed economically since ten days ago when we were trading at Record Highs across the Board And Everyone was saying there is never another down day on Wall Street. Nothing fundamentally has changed. Okay. That was new York Stock Exchange Trader explaining yesterdays global market selloff. He was good. Hes into. As you pointed out, and Andrew Ross S
asia and the cause of change in china. in his last year in office, clinton made expanding the chinese economy one of his most important priorities. to do that he appointed a lobbyist called steve machete and put him in charge of the project. fast forward to today, china has been a member of the world trade organization for 20 years. steve has written an even higher in democratic politics and is a top white house aide to joe biden. as for china, it has changed as bill clinton promised it would. china is now the richest country in the world, police state is far more efficient authoritarian even then it was under chairman mao. china is a much larger threat in united states and its neighbors, as far from peace in asia as we have been since 1945. the american manufacturing sector is gone, evaporated, most products are made in china theater maybe you seen the pictures of cargo ships strung out into the pacific, struggling to get to a port to unload containers. you will hear this d
line from pop star britney spears, walking out confusing to answer the questions of the american people as posed by the attending press. he was either ill-prepared or unwilling to answer to employers, you come at the american people. truth be told it s a familiar sight only now, frayed nerves about the economy are forcing the white house to adjust strategy. for all talk about future spending on human infrastructure and policy pitches about managing time and change neatly touched away in a massive spending bill, critics say americans are struggling to make ends meet right now and statistics due back that up with rampant inflation now the norm, not the exception. the price of cars, gas, meat, even shelter all on the rise and in some cases dramatically so. add to that the price of children s shoes rising nearly 12%, a record high gain leading back to the 1950s and a cost of a meal at a full-service restaurant jumping over 5%. you can see why the level of angst over the convulsi
in his last year in office, clinton made expanding the chinese economy one of his most important priorities. to do that he appointed a lobbyist called steve ricchetti aand put him in charge of the project. fast forward to today, china has been a member of the world trade organization for 20 years. steve ricchetti has written an even higher in democratic politics and is a top white house aide to joe biden. as for china, it has changed as bill clinton promised it would. china is now the richest country in the world, its police state is far more efficient authoritarian even then it was under chairmanld mao. china is a much larger threat in united states and its neighbors, as far from peace in asia as we have been since 1945. the american manufacturing sector is gone, evaporated, most products are made in china theater maybe you seen the pictures of cargo ships strung out into the pacific, struggling to get to a port to unload containers. you will hearn this described as part of
jesse: but hey, at least they know who to blame. joe biden every time i fill it up when trump was in office, it was about $45 or $50. now on empty, takes me $120 to fill up the car, it s ridiculous, it s breaking everybody s bank. jesse: what is biden doing to stop the crisis crippling the economy? absently nothing. store shelves late empty as working-class americans are now forced to choose between feeling their tank and putting food in the fridge. biden and his buddies probably get their dinner delivered so why should they care if you cannot find the ingredients you need for yours? they say breakfast is the most important meal of the day, but now it might be the most expensive, too, as the price of bacon and eggs will now cost you nearly $2 extra a meal. and for someone making 45 gs a year, those prices add up pretty quickly. and with winter approaching, it is not just the cold shoulder from biden that these americans are going to feel, because the cost to heat your