When The Economy Fails, Trump Will Be The One Blamed: Doug Casey - PART 2/3

“[President Donald] Trump is not a Libertarian, he is an authoritarian,” says best-selling author Doug Casey in part two of his interview with Kitco News, critiquing the U.S. president’s track record. “The good news about Trump is that he has some business instincts; so he’s trying to cut expenses, he’s trying to cut regulation, that’s the bright side. On the not-so-bright side, he is playing chicken with Syria and North Korea -- the last thing we can use at this point is nuclear war.” Casey went on to note that ‘praetorian’ agencies including the CIA, members of the financial world, academia and the media all ‘hate’ Trump and are actively working against him. “So how is this going to work out? I don’t know, but when the economy inevitably does collapse, and I still think it will happen this year, he will blamed for it -- so I think it is going to be an ugly situation.” Watch PART 1 here. (show less)

“[President Donald] Trump is not a Libertarian, he is an authoritarian,” says best-selling author Doug Casey in part two of his interview with Kitco News, critiquing the U.S. president’s track record. “The good news about Trump is that he has some business instincts; so he’s trying to cut expenses, he’s trying to cut regulation, that’s the bright side. On the not-so-bright side, he is playing chicken with Syria and North Korea -- the last thing we can use at this ... (read more)

 
 
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The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

 

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