Ron Insana: The market doesn't realize this is more than a trade war — it's a new Cold War

  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Ron Insana: The market doesn't realize this is more than just a trade war, it's a new Cold War

Like the neoconservatives, Trump's closest advisors have all identified China as the foremost threat to the United States in the years, and decades, ahead.

Chinese President Xi Jinping chats with President Donald Trump during a welcome ceremony in Beijing on Nov. 9, 2017.Back in 1997, a group of neoconservatives founded "The Project for a New American Century." Regime change in Iraq was something that Bush campaigned on, although no one took him seriously at the time. No one should have been shocked when 9/11 served as a predicate for toppling Saddam in 2003. In some ways, it is reminiscent of the claim that we take President Donald Trump seriously, but not literally. Those who viewed Bush 43's Iraq comments seriously, but not literally, were somewhat taken aback when the U.S. moved on Iraq. They should not have been.

Like Bush, Trump appears to truly believe this is a war easily won with few adverse implications for the U.S.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Rising Communist China is a trouble to US

And by 'the market' he means some very prominent anchors/talking heads on this network...people who are pushing the fiction that this is strictly about rules of commerce rather than a new cold war-of-choice that WILL have unintended consequences..

Absolutely. It’s disgraceful and shameful disaster

It’s a freaking oncoming disaster for the US economy if not addressed quickly

Uh the cold war started when the trade deals started under Clinton.

Worse than that is the zero visibility the White House is giving & the fact that Trump can’t decide on a policy and stick to it because he doesn’t know what he’s doing. Governing by gut feel!

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Trade war and Iran tensions creating a 'very unstable' oil market, Russia minister saysCurrent geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister Alexander Novak told CNBC Sunday. Byrd’z LiNe DeZiNg mobile home park free living for African American VETERAN s in the name of my future company Felons Art/institution and control over restitution start up in complete supervision of our best lawyers fix the illegal tendencies in controlled income and less taboo There needs to be millions and millions of barrels of oil produced daily. It is only a matter of time when disruptions occur. It is currently a stretched elastic band that is aching to break. Potential lag is sobering.
La source: CNBC - 🏆 12. / 72 Lire la suite »