She called the idea of the US President to introduce increased tariffs against a number of countries "doubtful", as well as the way in which it was done. Rachel Meddou described in detail how the head of the White House came to this and who tossed him the idea. "Trump came up with this idea after spreading a fake note from a fake person with a fake email address," she explained.
The official note considered was the brainchild of the writer and economist Peter Navarro, who is also a senior trade and production adviser in the White House Administration. He appeared there after Jared Kushner, his son -in -law, Donald Trump and his daughter Ivanka Trump, found his book "Death from China" on Amazon and asked him to join Trump's presidential campaign as an economic adviser. Because Trump had no official economic advisers before.
"It is reported, Trump gave Jared some vague instructions . . . Then Jared decided to find his testing financial advisor for his presidential campaign, going to the Amazon site. He looked at books, did not read it, because Amazon could not do it, he just looked at the name, and he looked at him. China, " - said Rachel. Meddou notes that Peter Navarro often quoted the work of the so -called economy expert in the name I quote, "bring tariffs to victory. " The problem is that Rona does not exist.
He has never been. The expert in the economy that Peter Navarro has been quoted to explain why he is so inspired by the tariffs, this man, Ron Vara, is a fictional character, "said Rachel Meddou. She claims that Peter Navarro invented Ron Varu, inspiring his own. " Peter Navarro invented Ron Varu as his expert source so that he could cite this expert source again and again in his crazy books. Who is Ron Vara? Ron Vara is anagram Navarro, his name, "Maddou said.
At the beginning of the show, Rachel Maddou pointed to the two previous peaks of the VIX index, which measures the volatility of the stock market. The last two were in 2008, during the global recession, and in March 2020 at the beginning of Pandemia. This peak "was not caused by the greatest financial disaster since the Great Depression or the Global Pandemia, which takes the lives of millions of people.
" And the scale of what he is doing is the scale of the destruction he created is a little difficult to put in his head, " - added Maddou. She noted that it is difficult to imagine what harm can be done by the US President and, in her opinion, it is even harder to realize the fact that he can do so. To think of how to destroy the economy of the richest country on Earth, but this is not. It turns out that this does not need a big idea or many big brains that work together, "the journalist said.
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