The Emperor of Twits was using his Twitter Throne to criticize the Fed last week. It seems that president Trump is unaware that he might just be the problem and certainly not the solution to the turmoil over interest rates and the tumbling of the markets.
The leader of the free world be damned. This guy is just not worth the worth the trouble he causes.
But here he is criticizing the Fed for even thinking of raising short term rates in an unstable situation caused by the U.S. Incompetent-in-Chief. Only an ignorant egomaniac would want to have a trade war with China. Only a nincompoop would slap tariffs on his country’s best customer and friend in the part of Canada—claiming it is to ensure national security.
It was good that the official spokesperson for the Fed only huffed and declared that Fed decisions are based on economic analysis only. In as much as Mr. trump has no clue as to the subject of economics and thinks that analysis is only used for blood tests to check and make sure you have not picked up a social disease.
Trump has been heard to say that the Fed is a bigger problem than China. Neither listen to him anymore. Neither can trust him.
And neither do Canadians. It is extremely difficult for the Bank of Canada to keep on top of the interest rates problems because of the erratic situation in the United States.
But Canada’s problem is also compounded by the wishy-washy handling of Trump by Canada’s prime minister. Mr. Trudeau has absolutely no understanding of how to deal with Mr. Trump.
Emperor Trump certainly does not understand diplomacy. He thinks Justin Trudeau is obsequious and always wanting something. Trudeau does not realize that Trump thinks as a developer, always looking for the advantage. Trump does not want to deal honestly. He bluffs, he lies, he postures and good luck if you do not lock up your daughters when that dirty old man is around.
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Copyright 2018 © Peter Lowry
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