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Florida
by bennash - 06/07/26 09:34 PM
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Joined: Aug 2007
Posts: 7,108 Likes: 86
Top 40 Poster
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Top 40 Poster
Joined: Aug 2007
Posts: 7,108 Likes: 86 |
In the interview, he said that 50k DOW would happen during Trump's term. He said that factories would come back to the US but put no timetable on it. He admitted that the factories will mostly be automation. But made the point, better here than somewhere else.
Smerconish cast doubt on some of what Navarro said, but the interview was dignified and both presented their arguments well.
For me, I question that truly great things can happen with a national debt weighing down on the economy. Trump is now tossing shade on the fed to lower rates, which would bring debt payments down. Many people think that will raise inflation. I think the FED believes that.
IMO, Trump's obstacle in all this is not EU or Canada. I suspect that they will make some more noise but will come to the table. But China, imo, can shut the US down. IMO, Walmart and Costco are outlet stores in this country for China. And the Chinese Communists dont appear to be terribly concerned about the suffering that their own people might endure as the result of a trade war. If they dig in, and their products disappear from American stores, Trump could be looking at a very angry electorate and have run out of moves.
I'd never bet against Trump. We'll see.
Marty
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