Warren Pollock: Clinton & Trump Will Fight to the Death. Trump Inherits Political and Economic Titanic
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- Warren Pollock: Clinton & Trump Will Fight to the Death. Trump Inherits Political and Economic Titanic
by Greg Hunter’s USAWatchdog.com
Analyst and financial expert Warren Pollock says Donald Trump has been dealt a horrendous hand when it comes to the political environment and the economy. Pollock explains, “Trump inherited the Titanic or a nuclear reactor that is about to explode. As he tries to fix this giant mess, he’s bound to upset the apple cart. The economy is fragile. The society is fragile. If he touches anything, something is liable to break somewhere. People want Obama Care removed immediately. They want to see the swamp drained immediately. I think these are things he believes in, and he is certainly a pragmatic manager compared to Hillary Clinton, who would have been an utter disaster for everyone in this country. . . . The problem for Trump, besides the piranhas that are circling him, both the Democrats and Republicans, is that he has inherited the Titanic, which means he can cause us to sink faster simply by touching something. That’s why Obama Care can’t be turned off overnight. That’s why he can’t impose massive tariffs on China overnight. Whatever he does will cause tremendous dislocations. Any corrective action that he takes will have unintended consequences, and he understands that. He’s a pragmatist, and I think he is prepared to deal with this. All the people he has chosen, all have differing opinions, but they are all excellent in one way or another.”
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On the absence of real news reporting and real data, Pollock says, “If there is no news available, then they will just make stuff up. That’s the way our economy functions. That’s the way the stock market functions. That’s the way the bond market functions. They were stealing from people for the last eight years with zero interest rates. There is no capital formation. Companies that do IPO’s (Initial Public Offerings), they are not giving you something to invest in, they are giving you their exit strategy. So, everything is fake, and it gets very hard for an executive to make decisions based on fake information. When some people take over a company, they are turnaround specialists. That’s really what Trump has to be.”
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