Sunday, August 13, 2017



Photo Credit: Encyclopædia Britannica, Inc.

Truth is, someone's going to lose big in Trump's economy — but no one thinks it's them


Steve Wynn sounds jubilant these days. On Thursday, the Las Vegas casino billionaire gave his quarterly address to shareholders of Wynn Entertainment....When a worried Wall Street analyst asked him whether he thought trade spats between President Donald Trump and a nationalistic Chinese government might hurt his business, he sounded confident.

"There isn't a leader in America or a leader in China that doesn't understand that when these two countries come together on an intelligent basis the world is better ... It gives me long-term confidence, in spite of what happens in the short term, verbally."
Actually, trade wars start verbally, and Trump so far has been sticking to his verbal commitments.....

http://www.businessinsider.com/trump-trade-war-with-mexico-and-china-2017-1

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