Peter Navarro believes CEOs are pushing for China deal and says trade deal will be on the President's terms. Says Hedge fund managers and CEOs are 'unpaid foreign agents.' Calls on them to stand down. he is such an idiot.
I took a Coursera online economic 101 class taught by him a few years back. Taught us about supply/demand, comparative advantage, free trades, trade barriers... He made a lot of sense to me.
teaching ECON 101 is very different than setting economic policies for the largest economy in the world, it's like putting a driver's ed instructor behind the wheel of a Formula 1 racecar.
https://www.cnbc.com/2018/11/09/tru...secretary-wilbur-ross-by-end-of-the-year.html Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year President Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year, according to three sources familiar with the matter. Trump is favoring former wrestling executive Linda McMahon to become Commerce secretary, sources say. But he is also considering Ray Washburne, whom he appointed as head of the Overseas Private Investment Corporation, according to one source.
Peter Navarro should just go away -Amen to that!! Can't believe Trump is trusting an entire country's economic and trade policy on somebody who practices voodoo economics who has no understanding about the concept of "comparative advantage", a concept that is introduced in Econ 101. Trump might seem to be "winning" some blue-collar jobs back to America but America is losing so much more in other sectors that are far more lucrative.
Peter Navarro is saying that Ricardian free trade only works if exchange rates are freely floating. https://www.zerohedge.com/news/2018...-after-navarro-crushes-hopes-china-deal-slams
With US and China in a WWE match/fight, she is the perfect choice for Commerce Secretary. Trump is a genius