Trump’s latest comments over the weekend regarding the economy are interesting, but still fall short of reality. He argues the unemployment number is really in the 20%+ zone and the number is bogus deliberately contrived to make politicians look good. That is basically true, but his number is a bit high. He says the stock market is overvalued and that is clearly the traditional view that whenever you say economic downturn the assume bonds up and stocks down. That will not hold true when people realize the bubble is in bonds not stocks.

Then Trump vows to pay off the national debt be renegotiating trade deals within 8 years. Sorry, that is just impossible. He also vows to break NATO if other countries do not pay. That at least is long overdue. So he grabs the headlines predicting a massive recession ahead. There he is correct, but he is off the mark in comprehending its cause and outcomes.

ADDED COMMENT

TRUMP MAY NOT HAVE IT 100% CORRECT HOWEVER HE IS THE ONLY ONE THAT IS EVEN IN THE BALL PARK WITH WHAT IS GOING ON.