‘There Are Clouds On The Horizon’: Why The IMF Just Slashed Their Global Growth Outlook
“…to the detriment of all.”
“…to the detriment of all.”
Another week, another litmus test…
The President is perhaps more serious than anyone imagined about actually attempting to rewrite the history of global trade and commerce
Wilbur needs you to understand that everything is under control.
“We need to do it today.”
“Unjustified retaliation”
Games of chicken, prisoner’s dilemmas and the suspension of disbelief.
“…they’re selling the coin, or the, the corn.”
“The Chinese side reiterates that it opposes unilateralism and trade protectionism and does not accept any unilateral trade restrictions.”Â
“It’s ok, they can take it.”
Pray for Turkey.
Make sure you know the whole story.
“When you think you’ve reached rock bottom, to get kicked in the gut like this.”
“They’re saying, ‘it’s ok, we can take it.'”
This isn’t a real estate deal.
You can’t be at war with everyone, all the time.
“Trade policies have created a challenging market environment.”
“It is real devastation for these people who work here and work hard in the Kansas City area.”
“Tariffs are the greatest!”
“And I love all people — rich or poor — but in those particular positions, I just don’t want a poor person.”
Dear, America: In case it isn’t clear enough yet, “it” is not “as simple as that.”
“…I’d be a little ticked off at some of my advisers, to tell you the truth.”
“…downside risks over the short and medium term have increased.”
Steve Mnuchin is in a tough spot.
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