How cute! Financial analysts still think that "he's nuts, but not that nuts."

[DetlefK]

https://www.rawstory.com/2018/06/trump-obsessed-blowing-world-trade-organization-despite-dire-warnings-advisers-report/

Sources tell Axios’ Jonathan Swan that Trump has repeatedly threatened to drop out of the World Trade Organization, which would be a seismic blow to the global system of trade.

“He’s threatened to withdraw 100 times,” one source tells Swan. “It would totally screw us as a country.”

Trump’s economic aides have tried to explain to the president that the United States designed the WTO and that it often uses the organization successfully to protect its economic interests.

...

However, the president won’t believe it.

...

Despite the president’s threats, many American trade representatives believe that withdrawal would create such a profound and immediately negative impact on the American economy that Trump would never actually pull the trigger.

“We think he’s nuts, but not that nuts,” one trade attorney tells Swan.

That's cute.

[vi5]

1. Yeah, but you want to know what's really nuts?

There are some (emphasis on "some&quot Democrats who want to go back to pre-2017 tax rates.

I mean THAT's Crazy!

So you know....both sides.

[spanone]

2. that's what they said before he was elected...he IS that nuts

[unblock]

3. he honestly thinks he can somehow negotiate a "better deal" despite not knowing a damn thing

it's not really that *he's* nuts -- i mean, of course he is -- but what's really nuts is that people who should know better keep enabling him by insisting that he's not half the disaster he is.

[still_one]

4. These clowns have been on the financial shows for months pushing the theme that the trade wars and

protectionism was just a "negotiating" tactic, and nothing to be worried about. Then it goes ahead one step further, and they regurgitate the same bullshit

It should be pretty obvious to most that they have no credibility, and either believe they are somehow "stabilizing" the markets, or some other agenda.


The same bullshit was pushed just before the financial implosion of 2008 that almost put us into another great depression, and destroyed our auto industry. Most of these analysts were saying everything was fine.