Donald Trump Grapples With Self-Inflicted Economic Wounds As Markets Plunge | The Last Word | MSNBC

Donald Trump Grapples With Self-Inflicted Economic Wounds As Markets Plunge | The Last Word | MSNBC


WE WILL TRY TO PRY ALL OF THE SECRETS OF THE RIDE AROUND THE SECRETS OF THE RIDE AROUND THE LAKE OUT OF SENATOR MICHAEL LAKE OUT OF SENATOR MICHAEL BENNET AT THE END OF THIS00 HOUR BENNET AT THE END OF THIS00 HOUR BUT WE BEGIN TONIGHT WITH THE BUT WE BEGIN TONIGHT WITH THE NEW PHRASE THAT DONALD TRUMP HAD NEW PHRASE THAT DONALD TRUMP HAD TO LEARN TODAY. TO LEARN TODAY. THE HARD WAY. THE HARD WAY. INVERTED YIELD CURVE. INVERTED YIELD CURVE. TODAY, THE DAY AFTER PRESIDENT TODAY, THE DAY AFTER PRESIDENT TRUMP ADMITTED THAT HE HAS BEEN TRUMP ADMITTED THAT HE HAS BEEN LYING ABOUT HIS TARIFFS AND THAT LYING ABOUT HIS TARIFFS AND THAT HIS TARIFFS HAVE, IN FACT, COST HIS TARIFFS HAVE, IN FACT, COST AMERICAN CONSUMERS BILLIONS UPON AMERICAN CONSUMERS BILLIONS UPON BILLIONS UPON BILLIONS OF BILLIONS UPON BILLIONS OF DOLLARS, THE STOCK MARKET DOLLARS, THE STOCK MARKET CRASHED. CRASHED. THE STOCK MARKET DROPPED 800 THE STOCK MARKET DROPPED 800 POINTS TODAY. POINTS TODAY. THE LAST TIME THE STOCK MARKET THE LAST TIME THE STOCK MARKET DROPPED 800 POINTS, THE DROPPED 800 POINTS, THE SECRETARY OF THE TREASURY SECRETARY OF THE TREASURY LITERALLY GOT ON HIS KNEES AND LITERALLY GOT ON HIS KNEES AND PRAYED TO NANCY PELOSI. PRAYED TO NANCY PELOSI. THIS REALLY HAPPENED. THIS REALLY HAPPENED. IN THE LAST YEAR OF THE BUSH IN THE LAST YEAR OF THE BUSH ADMINISTRATION IN 2008, THE ADMINISTRATION IN 2008, THE REPUBLICAN SECRETARY OF THE REPUBLICAN SECRETARY OF THE TREASURY, HANK PAULSON, WAS SO TREASURY, HANK PAULSON, WAS SO RATTLED BY A DROP OF 800 POINTS RATTLED BY A DROP OF 800 POINTS IN THE STOCK MARKET IN THE MIDST IN THE STOCK MARKET IN THE MIDST OF THE BANKING CRISIS THAT HE OF THE BANKING CRISIS THAT HE LITERALLY GOT ON HIS KNEES WITH LITERALLY GOT ON HIS KNEES WITH HOUSE SPEAKER NANCY PELOSI AND HOUSE SPEAKER NANCY PELOSI AND PRAYED TO HER TO PASS THE BANK PRAYED TO HER TO PASS THE BANK BAILOUT BILL. BAILOUT BILL. PRAYED TO HER TO HELP TAKE THIS PRAYED TO HER TO HELP TAKE THIS DECISIVE ACTION WITH THE BUSH DECISIVE ACTION WITH THE BUSH ADMINISTRATION TO PREVENT ADMINISTRATION TO PREVENT POSSIBLY THE COLLAPSE OF OUR POSSIBLY THE COLLAPSE OF OUR BANKING SYSTEM AND POSSIBLY THE BANKING SYSTEM AND POSSIBLY THE COLLAPSE OF OUR ECONOMY THAT COLLAPSE OF OUR ECONOMY THAT VERY WEEK. VERY WEEK. SO DEMOCRATS ONCE AGAIN TOOK SO DEMOCRATS ONCE AGAIN TOOK ACTION TO SAVE THE ECONOMY. ACTION TO SAVE THE ECONOMY. WHILE REPUBLICANS IN CONGRESS WHILE REPUBLICANS IN CONGRESS ARE ACTUALLY PLAYING GAMES WITH ARE ACTUALLY PLAYING GAMES WITH THE REPUBLICAN ADMINISTRATION THE REPUBLICAN ADMINISTRATION AND WITH THE LEGISLATION. AND WITH THE LEGISLATION. NOT NANCY PELOSI. NOT NANCY PELOSI. SHE HELPED GET THAT JOB DONE. SHE HELPED GET THAT JOB DONE. THE SAME DAY THAT HANK PAULSON THE SAME DAY THAT HANK PAULSON GOT ON HIS KNEES TO PRAY TO GOT ON HIS KNEES TO PRAY TO NANCY PELOSI, PRESIDENT GEORGE NANCY PELOSI, PRESIDENT GEORGE W. BUSH TOLD PRESIDENTIAL W. BUSH TOLD PRESIDENTIAL CANDIDATES BARACK OBAMA AND JOHN CANDIDATES BARACK OBAMA AND JOHN McCAIN IN A PRIVATE MEETING, McCAIN IN A PRIVATE MEETING, “THIS SUCKER COULD GO DOWN.” “THIS SUCKER COULD GO DOWN.” MEANING THE ECONOMY OF THE MEANING THE ECONOMY OF THE UNITED STATES. UNITED STATES. OF AMERICA COULD GO DOWN. OF AMERICA COULD GO DOWN. COLLAPSE. COLLAPSE. THE DIFFERENCE BETWEEN THEN AND THE DIFFERENCE BETWEEN THEN AND NOW IS THERE IS NOT ONE NOW IS THERE IS NOT ONE COMPETENT PERSON WORKING IN THE COMPETENT PERSON WORKING IN THE WHITE HOUSE OR THE TRUMP WHITE HOUSE OR THE TRUMP ADMINISTRATION WHO KNOWS WHAT TO ADMINISTRATION WHO KNOWS WHAT TO DO NOW THAT WE HAVE SIGNED THAT DO NOW THAT WE HAVE SIGNED THAT AN ECONOMIC CRISIS MAY BE AN ECONOMIC CRISIS MAY BE APPROACHING. APPROACHING. THERE IS NOT ONE WORKING ON THERE IS NOT ONE WORKING ON ECONOMIC POLICY IN THE TREASURY ECONOMIC POLICY IN THE TREASURY OR TRUMP WHITE HOUSE WHO KNOWS OR TRUMP WHITE HOUSE WHO KNOWS AS MUCH ABOUT ECONOMIC POLICY AS AS MUCH ABOUT ECONOMIC POLICY AS THE REPUBLICAN PRESIDENT WHO THE REPUBLICAN PRESIDENT WHO SAID IN 2008 “THIS SUCKER COULD SAID IN 2008 “THIS SUCKER COULD GO DOWN.” GO DOWN.” IT IS NOT EASY TO BE LESS IT IS NOT EASY TO BE LESS ECONOMICALLY LITERATE IN GEORGE ECONOMICALLY LITERATE IN GEORGE W. BUSH BUT EVERYONE IN TRUMP W. BUSH BUT EVERYONE IN TRUMP WORLD KNOWS LESS ABOUT ECONOMIC WORLD KNOWS LESS ABOUT ECONOMIC POLICY THAN GEORGE W. BUSH POLICY THAN GEORGE W. BUSH INCLUDING DONALD TRUMP’S FAKE INCLUDING DONALD TRUMP’S FAKE ECONOMIC ADVISER LARRY KUDLOW ECONOMIC ADVISER LARRY KUDLOW WHO USED TO PLAY AN ECONOMIST ON WHO USED TO PLAY AN ECONOMIST ON TV BUT DOES NOT HAVE A DEGREE IN TV BUT DOES NOT HAVE A DEGREE IN ECONOMICS. ECONOMICS. HE DOES NOT HAVE A PH.D. IN HE DOES NOT HAVE A PH.D. IN ANYTHING OR A MASTER’S DEGREE. ANYTHING OR A MASTER’S DEGREE. THE MINIMAL REQUIREMENT FOR THE MINIMAL REQUIREMENT FOR CALLING YOURSELF AN ECONOMIST IS CALLING YOURSELF AN ECONOMIST IS A GRADUATE DEGREE IN ECONOMICS. A GRADUATE DEGREE IN ECONOMICS. PREFERABLY A PH.D. PREFERABLY A PH.D. THAT’S THE MINIMUM. THAT’S THE MINIMUM. EVERYTHING LARRY KUDLOW HAS SAID EVERYTHING LARRY KUDLOW HAS SAID WHILE PRETENDING TO BE AN WHILE PRETENDING TO BE AN ECONOMIST IN THE WHITE HOUSE ECONOMIST IN THE WHITE HOUSE CONTRADICTS EVERYTHING LARRY CONTRADICTS EVERYTHING LARRY KUDLOW USED TO SAY WHEN HE WAS KUDLOW USED TO SAY WHEN HE WAS PRETENDING TO BE AN ECONOMIST ON PRETENDING TO BE AN ECONOMIST ON CNBC. CNBC. AND SO THE ECONOMIC BUFFOONERY AND SO THE ECONOMIC BUFFOONERY OF DONALD TRUMP AND INCOMPETENT OF DONALD TRUMP AND INCOMPETENT BAND OF ECONOMIC ADVISERS IS BAND OF ECONOMIC ADVISERS IS CATCHING UP WITH THEM. CATCHING UP WITH THEM. YESTERDAY THE STOCK MARKET YESTERDAY THE STOCK MARKET RALLIED A BIT AFTER DONALD TRUMP RALLIED A BIT AFTER DONALD TRUMP ANNOUNCED THAT HE WAS ONCE AGAIN ANNOUNCED THAT HE WAS ONCE AGAIN DELAYING IMPOSING MORE TARIFFS DELAYING IMPOSING MORE TARIFFS ON CHINA THAT HE HAD BEEN ON CHINA THAT HE HAD BEEN THREATENING TO IMPOSE BUT WHEN THREATENING TO IMPOSE BUT WHEN DONALD TRUMP EXPLAINED WHY HE DONALD TRUMP EXPLAINED WHY HE WAS DELAYING THOSE TARIFFS UNTIL WAS DELAYING THOSE TARIFFS UNTIL AFTER THE CHRISTMAS SHOPPING AFTER THE CHRISTMAS SHOPPING SEASON, EVEN HE COULD NOT FIGURE SEASON, EVEN HE COULD NOT FIGURE OUT A WAY TO CONTINUE TO PRETEND OUT A WAY TO CONTINUE TO PRETEND THAT ANYONE OTHER THAN AMERICAN THAT ANYONE OTHER THAN AMERICAN CONSUMERS ARE ACTUALLY PAYING CONSUMERS ARE ACTUALLY PAYING THE TRUMP TARIFFS. THE TRUMP TARIFFS. THE PRESIDENT SAID YESTERDAY, THE PRESIDENT SAID YESTERDAY, “WE ARE DOING THIS FOR THE “WE ARE DOING THIS FOR THE CHRISTMAS SEASON. CHRISTMAS SEASON. JUST IN CASE SOME OF THE TARIFFS JUST IN CASE SOME OF THE TARIFFS WOULD HAVE AN IMPACT ON U.S. WOULD HAVE AN IMPACT ON U.S. CONSUMERS.” CONSUMERS.” “JUST IN CASE.” “JUST IN CASE.” “THE CHRISTMAS SEASON.” “THE CHRISTMAS SEASON.” HE WASN’T FINISHED. HE WASN’T FINISHED. “JUST IN CASE THEY MIGHT HAVE AN “JUST IN CASE THEY MIGHT HAVE AN IMPACT ON PEOPLE, WHAT WE’VE IMPACT ON PEOPLE, WHAT WE’VE DONE IS WE’VE DELAYED IT SO THEY DONE IS WE’VE DELAYED IT SO THEY WON’T BE RELEVANT FOR THE WON’T BE RELEVANT FOR THE CHRISTMAS SHOPPING SEASON.” CHRISTMAS SHOPPING SEASON.” “AN IMPACT ON PEOPLE.” “AN IMPACT ON PEOPLE.” DONALD TRUMP IS NOT TRYING TO DONALD TRUMP IS NOT TRYING TO PRESERVE THE CHRISTMAS SHOPPING PRESERVE THE CHRISTMAS SHOPPING SEASON IN CHINA. SEASON IN CHINA. HE IS DELAYING HIS TARIFFS SO HE IS DELAYING HIS TARIFFS SO HIS TARIFFS WILL NOT MAKE HIS TARIFFS WILL NOT MAKE CHRISTMAS SHOPPING SEASON IN THE CHRISTMAS SHOPPING SEASON IN THE UNITED STATES MUCH MORE EXPENSE UNITED STATES MUCH MORE EXPENSE EXPENSIVE AND HAVE, QUOTE, AN EXPENSIVE AND HAVE, QUOTE, AN IMPACT ON PEOPLE. IMPACT ON PEOPLE. WE’RE NEVER GOING TO SEE THOSE WE’RE NEVER GOING TO SEE THOSE TARIFFS BECAUSE IF DONALD TRUMP TARIFFS BECAUSE IF DONALD TRUMP IS AFRAID OF HIS TARIFFS HAVING IS AFRAID OF HIS TARIFFS HAVING AN IMPACT ON PEOPLE DURING THE AN IMPACT ON PEOPLE DURING THE CHRISTMAS SEASON, HE IS GOING TO CHRISTMAS SEASON, HE IS GOING TO BE VERY AFRAID OF HIS TARIFFS BE VERY AFRAID OF HIS TARIFFS HAVING AN IMPACT ON PEOPLE HAVING AN IMPACT ON PEOPLE DURING ELECTION SEASON WHICH DURING ELECTION SEASON WHICH COMES RIGHT AFTER CHRISTMAS COMES RIGHT AFTER CHRISTMAS SEASON. SEASON. IT WAS OVERLY OPTIMISTIC OF THE IT WAS OVERLY OPTIMISTIC OF THE STOCK MARKET YESTERDAY TO RALLY STOCK MARKET YESTERDAY TO RALLY EVEN A LITTLE BIT OVER DONALD EVEN A LITTLE BIT OVER DONALD TRUMP’S DELAY OF HIS LATEST TRUMP’S DELAY OF HIS LATEST ROUND OF TARIFFS THAT ARE ROUND OF TARIFFS THAT ARE HARMFUL TO AMERICAN CONSUMERS HARMFUL TO AMERICAN CONSUMERS AND THE STOCK MARKET SEEMED TO AND THE STOCK MARKET SEEMED TO REALIZE THAT TODAY. REALIZE THAT TODAY. TODAY, THE STOCK MARKET GOT A TODAY, THE STOCK MARKET GOT A RUDE AWAKENING ABOUT JUST HOW RUDE AWAKENING ABOUT JUST HOW UNSOUND THE NEANDERTHAL ECONOMIC UNSOUND THE NEANDERTHAL ECONOMIC POLICIES OF THE TRUMP WHITE POLICIES OF THE TRUMP WHITE HOUSE ARE FOR AMERICA AND THE HOUSE ARE FOR AMERICA AND THE WORLD, AND IT SHOULD HAVE COME WORLD, AND IT SHOULD HAVE COME AS NO SURPRISE TO WALL STREET. AS NO SURPRISE TO WALL STREET. WALL STREET ALREADY KNEW THAT WALL STREET ALREADY KNEW THAT THE GIANT TRUMP TAX CUTS FOR THE THE GIANT TRUMP TAX CUTS FOR THE RICH DID NOT HAVE LONG-TERM RICH DID NOT HAVE LONG-TERM STIMULATIVE EFFECT FOR THE STIMULATIVE EFFECT FOR THE ECONOMY. ECONOMY. WALL STREET ALREADY KNEW THAT WALL STREET ALREADY KNEW THAT THE GIANT TRUMP TAX CUTS FOR THE THE GIANT TRUMP TAX CUTS FOR THE RICH HAD ALREADY DESTABILIZED RICH HAD ALREADY DESTABILIZED FEDERAL GOVERNMENT FINANCING FEDERAL GOVERNMENT FINANCING CREATING THE LARGEST DEFICIT IN CREATING THE LARGEST DEFICIT IN HISTORY, AND IT’S GETTING HISTORY, AND IT’S GETTING LARGER. LARGER. THIS YEAR’S TRUMP DEFICIT IS THIS YEAR’S TRUMP DEFICIT IS GOING TO BE AT LEAST A TRILLION GOING TO BE AT LEAST A TRILLION DOLLARS. DOLLARS. THAT MEANS THE NATIONAL DEBT IS THAT MEANS THE NATIONAL DEBT IS GOING TO GO UP BY OVER A GOING TO GO UP BY OVER A TRILLION DOLLARS THIS YEAR. TRILLION DOLLARS THIS YEAR. THAT MEANS INTEREST ON THE THAT MEANS INTEREST ON THE NATIONAL DEBT, WHICH IS PAID OUT NATIONAL DEBT, WHICH IS PAID OUT OF THE FEDERAL TREASURY, IS OF THE FEDERAL TREASURY, IS GOING TO SKYROCKET. GOING TO SKYROCKET. WALL STREET ALREADY KNEW THAT WALL STREET ALREADY KNEW THAT TRUMP ECONOMIC POLICIES WERE TRUMP ECONOMIC POLICIES WERE UNSUSTAINABLE, BUT WALL STREET UNSUSTAINABLE, BUT WALL STREET HAS A LONG AND FLAWLESS HISTORY HAS A LONG AND FLAWLESS HISTORY OF BEING BLINDED BY GREED AND OF BEING BLINDED BY GREED AND ALWAYS WAKES UP LATE IN THE ALWAYS WAKES UP LATE IN THE MIDDLE OF THE CRISIS. MIDDLE OF THE CRISIS. AND SO TODAY IT TOOK A NEW SET AND SO TODAY IT TOOK A NEW SET OF NUMBERS TO TERRIFY WALL OF NUMBERS TO TERRIFY WALL STREET AND PUSH THE STOCK MARKET STREET AND PUSH THE STOCK MARKET OFF A CLIFF. OFF A CLIFF. AND THOSE NEW NUMBERS CREATED AND THOSE NEW NUMBERS CREATED SOMETHING THAT WE HAVE SEEN SOMETHING THAT WE HAVE SEEN BEFORE EVERY RECESSION OF THE BEFORE EVERY RECESSION OF THE LAST 60 YEARS. LAST 60 YEARS. EVERY SINGLE TIME WE’VE HAD A EVERY SINGLE TIME WE’VE HAD A RECESSION, BEFORE THAT RECESSION, BEFORE THAT RECESSION, WE SAW AN INVERTED RECESSION, WE SAW AN INVERTED YIELD CURVE. YIELD CURVE. IF YOU’RE HEARING THAT PHRASE IF YOU’RE HEARING THAT PHRASE FOR THE FIRST TIME TODAY, SO IS FOR THE FIRST TIME TODAY, SO IS DONALD TRUMP. DONALD TRUMP. IN THE BOND MARKET, LONG-TERM IN THE BOND MARKET, LONG-TERM U.S. BONDS ALWAYS PAY HIGHER U.S. BONDS ALWAYS PAY HIGHER INTEREST RATES THAN SHORT-TERM INTEREST RATES THAN SHORT-TERM U.S. BONDS, BUT IN THE RARE U.S. BONDS, BUT IN THE RARE CIRCUMSTANCE WHERE THE LONG-TERM CIRCUMSTANCE WHERE THE LONG-TERM BONDS OFFER A LOWER INTEREST BONDS OFFER A LOWER INTEREST RATE THAN SHORT-TERM BONDS, THAT RATE THAN SHORT-TERM BONDS, THAT MEANS THE LONG-TERM BONDS WILL MEANS THE LONG-TERM BONDS WILL YIELD LESS OF A RETURN THAN THE YIELD LESS OF A RETURN THAN THE SHORT-TERM BONDS. SHORT-TERM BONDS. AND THAT IS WHAT IS KNOWN AS AN AND THAT IS WHAT IS KNOWN AS AN INVERTED YIELD CURVE, AND NO ONE INVERTED YIELD CURVE, AND NO ONE ON WALL STREET COULD PRETEND ON WALL STREET COULD PRETEND THAT THAT IS ANYTHING BUT A SIGN THAT THAT IS ANYTHING BUT A SIGN OF DISASTER. OF DISASTER. BY THIS AFTERNOON, DONALD TRUMP BY THIS AFTERNOON, DONALD TRUMP ISSUED A TWEET ABOUT THE ISSUED A TWEET ABOUT THE INVERTED YIELD CURVE, PROBABLY INVERTED YIELD CURVE, PROBABLY JUST TO SHOW THAT HE KNOWS THOSE JUST TO SHOW THAT HE KNOWS THOSE WORDS. WORDS. THERE WAS NO INDICATION IN THE THERE WAS NO INDICATION IN THE TWEET THAT DONALD TRUMP HAS ANY TWEET THAT DONALD TRUMP HAS ANY IDEA WHAT AN INVERTED YIELD IDEA WHAT AN INVERTED YIELD CURVE IS, WHAT THOSE WORDS MEAN. CURVE IS, WHAT THOSE WORDS MEAN. HE JUST TWEETED IN THE MIDDLE OF HE JUST TWEETED IN THE MIDDLE OF A TWEET, INCOHERENT TWEET, IN A TWEET, INCOHERENT TWEET, IN CAPITAL LETTERS, “CRAZY INVERTED CAPITAL LETTERS, “CRAZY INVERTED YIELD CURVE!” YIELD CURVE!” JUST WANTED WALL STREET TO KNOW JUST WANTED WALL STREET TO KNOW THAT HE KNEW THAT THERE WAS AN THAT HE KNEW THAT THERE WAS AN INVERTED YIELD CURVE OR SOMEONE INVERTED YIELD CURVE OR SOMEONE HAD TOLD HIM THAT. HAD TOLD HIM THAT. BUT WALL STREET KNOWS JUST HOW BUT WALL STREET KNOWS JUST HOW IGNORANT DONALD TRUMP IS. IGNORANT DONALD TRUMP IS. WALL STREET HAS ALWAYS KNOWN WALL STREET HAS ALWAYS KNOWN THAT. THAT. THEY KNOW THAT BETTER THAN MOST THEY KNOW THAT BETTER THAN MOST OF AMERICA, AND WALL STREET OF AMERICA, AND WALL STREET KNOWS THAT THERE IS NOT A SINGLE KNOWS THAT THERE IS NOT A SINGLE RESPONSIBLE ADULT IN THE TRUMP RESPONSIBLE ADULT IN THE TRUMP ADMINISTRATION WHO WHEN THE ADMINISTRATION WHO WHEN THE SITUATION CALLS FOR IT CAN GET SITUATION CALLS FOR IT CAN GET ON HIS KNEES AND PRAY TO NANCY ON HIS KNEES AND PRAY TO NANCY PELOSI. PELOSI. WALL STREET KNOWS THAT THERE IS WALL STREET KNOWS THAT THERE IS NOT A SINGLE RESPONSIBLE ADULT NOT A SINGLE RESPONSIBLE ADULT IN THE TRUMP ADMINISTRATION WHO IN THE TRUMP ADMINISTRATION WHO HAS ANY IDEA WHAT TO PRAY FOR, HAS ANY IDEA WHAT TO PRAY FOR, WHO HAS ANY IDEA WHAT TO DO, WHO HAS ANY IDEA WHAT TO DO, WHAT ACTION TO TAKE, AND WALL WHAT ACTION TO TAKE, AND WALL STREET KNOWS THAT THERE IS NOT A STREET KNOWS THAT THERE IS NOT A SINGLE PERSON IN THE TRUMP SINGLE PERSON IN THE TRUMP ADMINISTRATION WITH THE COURAGE ADMINISTRATION WITH THE COURAGE TO BRING THIS PRESIDENT BAD TO BRING THIS PRESIDENT BAD NEWS. NEWS. AND SO NO ONE WILL EVER WALK AND SO NO ONE WILL EVER WALK INTO THE TRUMP OVAL OFFICE AND INTO THE TRUMP OVAL OFFICE AND SAY WHAT GEORGE W. BUSH COULD SAY WHAT GEORGE W. BUSH COULD SAY IN A MOMENT OF CRISIS IN THE

100 thoughts on “Donald Trump Grapples With Self-Inflicted Economic Wounds As Markets Plunge | The Last Word | MSNBC”

  1. its a bit like france 1944 for the germans
    yes we know the allies have landed in normandy ,,,, but the fuhrer has taken a sleeping pill and has left instructions to not be disturbed

    ps
    funny ,,,,, does A.O.C. not have a decree on economics ? 😉

  2. Notice how the liberal left libturds behave like a moronic temper tantrum idiots. They cant argue with facts instead they scream hates and verbal abuse.

  3. that guy who prayed to pelossi should have done what the usa does all the time, should have destroyed the dow jones, nasdaq and snp. they do not like a country they destroy it.

  4. 💁🏿‍♂️"Every country has the government it deserves" and "In a democracy people get the leaders they deserve." – Joseph de Maistre👏🏿👏🏿👏🏿

  5. For The Love of YOUR Nancy Pelosi Lawrence !! STOP THE HAMMERING STOPPPPPPPPPPPPPPPPPPP Lawrence STOPPPPPPPPPPPPPP !~

  6. Here it comes America. Obama spent two terms rebuilding the economy, Trump has taken less than one to bring it down. You were told, you were warned yet you still voted this turd into office. Now you get to deal with it.

  7. Trump failed as a president no matter how much his supporters sugar coat his performance. His failing base will not be enough to win 2020. Sit down Trump and let real policies repair your damage.

  8. An inverted yield curve is irrelevant. The central bank can buy the securities with yields "too high," which will drive the price up and the yield down. It can fund those purchases by SELLING the securities with yields "too low." Trump is too stupid to understand that most Treasury Securities have set rates of interest, i.e. nominal yields, and there's nothing the central bank can do about that. And he's also too stupid to understand that no one will buy them, or hold them, if the yields are too low.

  9. Donald Trump, bless his heart, is the reason we should never vote for someone, who has no experience in politics. We, the American people, do not have the time to wait, while he learns how to be a good president.

  10. Get pelosi out of there. She gave that money to the banks then those idiots in the gop took power again. That money should have been given to people forgiving student loan debt and stimulating it from the bottom up. So sick of the investor class acting like the market is relevant to normal peoples lives.

  11. Trump will simply tell his base that these indicators are fake news and debt is good and they will just go with it , like the way my dog chases a frisbee…he needn’t know anything about frisbees and my be happier that way…just like a trumpster

  12. i cant stand trump, but this is a very disingenuous argument, as the last time the dow lost 800 points, it was at half the value it is today, therefore, comparing the two the way you did is dishonest..

  13. Welcome to World War III – Manipulate the USA into putting Trump in the White House – Then collapse our economy – tada not one bullet and your enemy is no longer a threat

  14. I really don’t watch much news I just stay really busy running my small business. Is this really happening?

  15. Forget lying traitor rump! O'Donnell, why don't you cover something helpful, like RIP Medical Debt, which has helped thousands of families with their crippling medical debt, especially veterans? The Damage Report on TYT has a great video on it.
    Also, O'Donnell WHERE IS BERNIE? Don't be afraid of losing your job. If fired by msnbc for following Bernie, you could find many other jobs. they may not pay as well, but huge amount of money is not that important, is it?

  16. screw the top 1%—give us our money back you pretentious carpetbaggers,,,Walton fortune alone could wipe out the national debt and give us a surplus,,no more welfare for the top 1% and robber baron monopolist socialist.

  17. Anyone raised by a Narcissist could of predicted how disastrous it could get if Poster Child Narc Daddy was elected.
    It can still get much much worst actually.

  18. Now that sotero's COUP has failed, WHEN do the trials for Treason begin? The U.S Constitution has a cure for Treason. Love of country Trumps hate for Donald. MAGA

  19. Games with Taxpayer money. Ban Trump and Vote out sitting Republicans.
    We have Impossible's in our White House, Senate, and major banks!!!

  20. Funny how the banking industry was bailed out & they turn around and screwed the American people. Donald Trump cutting back policies from the Obama administration continue to castrate us as consumers. How soon we forget.

  21. “I wonder how many times you have to be hit on the head before you find out who’s hitting you? It’s about time that the people of America realized what the Republicans have been doing to them.”

    ~Harry Truman

  22. … Have yourself a Merry Little Christmas … Election year's on it's way … Inverted Yield Curves are gonna screw your Holiday … So have yourself, a Merry Little Christmas, anyway …

  23. What a moron. This dude takes idiocy to a new level. I am SOOOOOOO glad I know the truth. Others can keep drinking the kool-aide.

  24. So you think a purchased degree makes you an expert? What a joke. A Master Plumber once told me that only 1 in 10 licensed plumbers are actually good plumbers. I quickly realized that statement could easily be applied to any profession. Just to be eligible to take my master test, I had to achieve 10,000 apprenticeship hours and 10 years of service. So you can't tell me some 'D' student getting a PHD is some sort of expert. Get real. Oh yea, this is fake news.

  25. I hadn't realised that there was an "election season". I thought it was a straight 4 year cycle that just didn't stop – ever.

  26. Fraud Trump is reaping the financial rewards for the US whiich will bring our country down. All due to Fraud Trump, Fraud Trump, Fraud Trump.

  27. Which country saved US in 2008? China. Why China? China considered US as a customer. China doesn't want to see US to go down. Trump has no clue about the history. This time, China is not going to help US because Trump hurt China's feeling and economy. You're on your own, buddy!

  28. Quit listening to 45's stupid economic statements. Isn't he the one that had SIX business ventures go bankrupt? Now here is a genius.

  29. It just goes to show you. That the world may be coming to its last days if you are someone who knows the Bible you have to save yourself my God. What is up should be down what is down should be up thank God for Donald Trump he's our only hope fake news you're done if you were in California. The reason why I say if it's because he will sweep the rest of the states as God is my witness please vote President Trump there is no one else Godspeed go President Trump we love you we love your family

  30. The USA gets what it deserves for picking such a POS for president and THEN continue to let the fool run amok. Oh, but hey, on the bright side, apathy and racism is still alive!

  31. Darkness (empty numbers) exist so that stars (hearts, poets, artists, musicians and mystics) have a place to "be". Not the other way around.

  32. So, now that we're phasing out China as our source of cheap consumer products, which tin-pot dictatorship are we going to feed next?

  33. oh please…. msnbc wastes our time with the dance around a recession…ffs… it will be timed exactly as it ALWAYS is…the day the dem's take control, America will suffer the results of the repulsican gorging on our economy…..

  34. There's a respectful way and a disrespectful way to speak about our president. A classy way and an un-classy way.

  35. There is no grappling on trump's part. He only cares that he is loved by all. So long as he appeals to his racist base and they love him, he is content that he is doing a great job. The emperor fiddles while America burns.

  36. People who voted for this unqualified, inept and narcissist knew this before hand . He couldn't manage his own money or businesses. He then in turn hired other unqualified people to be in his cabinet.

  37. Every time that the ultra rich get their huge tax cuts from the republicans the economy tanks and the Democrats have to save their sorry derrières F.D.R.,Obama,and whoever’s the Democrat in 2020.

  38. Obama made a great speech about the Repugnicans and the economy. Something like, "The Republicans drove the car into the ditch. The Democrats got it back out and now the Republicans want the keys back". "No, you can't have them".

  39. It seems as though Trump is intentionally trying to destroy this country- economically, socially, environmentally, constitutionally. He is terrifying and I fear for this country, it's people and the whole world because of this man and the cowards around him.

  40. we should not have bailed out goldman sachs. the people going bankrupt was worse than goldman sachs going bankrupt would have been, and we would have been rid of that giant parasite.

  41. Best time to invest is when the market crashes. That's when you buy stocks low or on sale prices. https://share.robinhood.com/danb775

  42. Fake News lies! Djia bounce-back 9600 points and the last 2 days and the economy strong with good GDP and strong jobs growth just a bunch of left hard socialist fear-mongering.

  43. How is he not impeached and fired already!? He publicly lied, he is unable, and unfit to hold the Office of the President. This should be the end of politics and democracy as you know it.

  44. Is it bad to hope for a long sustained crash if it would take out the tRUMP presidency in 2020?
    Cause I'm not thinking it's not that bad of a thing if we could get rid of tRUMP.

  45. Trump didn't realize as long as the middle class of society were evolving the American economy would be okay, but he had to give tax cuts to 1% of society. Make them richer, oh well! It's all over, the fat lady can sing!!
    One Nation under God!

  46. He thinks this is all a game with winners and losers. This is peoples lives hes "playing" with. Hes tanked the whole world economy with his economy of chaos!

  47. And today… 26300… Lawrence O’Donnell cannot be trusted not because he isn’t intelligent. But because he takes whatever situation is available and slants it… the yield curve is not inverted one day later. And now Lawrence won’t talk about why he was wrong… he will find the next thing. Sometimes trump is wrong, sometimes he’s right… news people should analyze news

  48. let the world economy crash and make Trump own it. Trump must be stopped at all costs to prevent his alt-right fascist coup of his swamp monsters and deep state operativeS. THE USA CAN SURVIVE A CRASH, BUT NOT A TRUMP TYRANT SUPPORTED BY RACIST SYCHOPHANTS (GOP) WHO WANT A DICTATORSHIP

  49. Let’s all agree that after a Democratic president once again cleans up another Republican’s mess, we are done electing Republican presidents. Deal?

  50. WOW. This is the biggest echo chamber I have ever seen!!! Y'all know those aren't windows, right? They're painted on.

  51. I might have heard you wrong, but did you say Neanderthal? That would refer to the largest brained known variant of our species.

  52. Lawrence O'Donnell laid out some grim facts. America is doomed because Trump and his cabinet is too incompetent to prevent, or, deal with a financial crisis.

  53. "No one will bring Donald Trump bad news"…sounds like another historical crazy moron who brought his country to the brink of destruction and who's staff were afraid to bring him bad news and that person was Adolph Hitler, the similarities are frightening,

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