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CNBC: Jim Cramer warns investors that believing China over Trump on trade is dangerous
Posted on 8/26/19 at 2:43 pm
Posted on 8/26/19 at 2:43 pm
quote:
Cramer warns investors that believing China over Trump on trade is dangerous and costly
LINK
Investors should be wary when it comes to trusting China over President Donald Trump, CNBC’s Jim Cramer said Monday.
“I’m aghast we trust the People’s Republic of China more than we trust the White House,” Cramer said on “Squawk Box.” “The predominance of coverage this morning is that the president is lying. I’m not willing to say that he’s lying. We can doubt him, but in the end we’re doubting a guy that didn’t want the market to crash.”
Cramer was referring to Trump’s comments at the G-7 summit Monday in France, where he said Beijing is ready to reenter negotiations and begin serious talks.
quote:
Cramer added that Chinese government officials “haven’t necessarily been square and honest,” stressing that people need to take Trump “seriously.”
Booyah
5
Posted on 8/26/19 at 2:46 pm to member12
Anybody that believes anything the CCP says needs to look in the mirror and re-evaluate their life.
Posted on 8/26/19 at 2:50 pm to member12
quote:
“The predominance of coverage this morning is that the president is lying. I’m not willing to say that he’s lying. We can doubt him, but in the end we’re doubting a guy that didn’t want the market to crash.”
This is straightforward for people not afflicted with mental illness.
Posted on 8/26/19 at 2:54 pm to wutangfinancial
quote:
Anybody that believes anything the CCP says needs to look in the mirror and re-evaluate their life.
People are just doubling down on the TDS. They want this president to fail so bad, that they will take the country failing in order to achieve that. They will gladly take the economy crashing.
Posted on 8/26/19 at 2:57 pm to member12
Paging IB.
Posted on 8/26/19 at 3:02 pm to member12
quote:
Booyah
Baw, yeah.
Posted on 8/26/19 at 3:02 pm to member12
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