Can Trump Fix The Economy In 2017? — Paul Craig Roberts
In the West Junk Information And Junk Judgment Prevail
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Trump Takes Victory Lap After Ford Cancels $1.6 Billion Mexican Expansion Plan As "Vote Of Confidence" In President-Elect
Update: sure enough, here comes Trump's twitter victory lap:
"@DanScavino: Ford to scrap Mexico plant, invest in Michigan due to Trump policies"https://t.co/137nUo03Gl
— Donald J. Trump (@realDonaldTrump) January 3, 2017
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GM Responds To Trump: You're Wrong
In a terse and non-deferential response to president-elect Trump's tweet, GM has responded with a statement which can be summarized in two words: "you're wrong."
Following Trump's tweet...
General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!
— Donald J. Trump (@realDonaldTrump) January 3, 2017
2017 Starts Off With A Bang: US Futures, Oil Jump On Upbeat China Data; Europe Enters Bull Market
Rumors of the Trumpflation rally's death have been greatly exagerated, and not only is the Dow 20,000 back on the radar, following a 124 point surge in Dow futures, bringing the "key psychological level" back within 100 points, but European stocks rose for a third day and entered a bull market, rising 20% from theor lows set last February, following strong Chinese manufacturing and services PMI data, both of which ended 2016 on robust notes well inside expansion territory.
Who Benefits From War With Russia?
Submitted by Mike Krieger via Liberty Blitzkrieg blog,