iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

Icahn Warns of a Trade War with China

Taking into consideration that Carl now has the ear of the President elect, who happens to hate China, I think this is a credible threat to the matrix.

Attack sentinels have been dispatched to liquidate Carl, immediately. Hopefully he is equipped with an EMP weapon.

source: CNBC

“If you have a trade war with China, by definition, I remember the days something like that would really knock the hell out of the market, but maybe if you’re going to do it, you should get it over with, right? So that’s a consideration, you have to just make up your mind, if that’s what you’re going to do, you go do it,” Icahn said.

“If you’re asking me am I concerned about the market on the short term. Yeah I’m concerned about it,” he said. “You can look at so many factors here that you have to worry about.

Obviously, if you get into a trade war with China, sooner or later, I think we’re going to have to come to grips with that, maybe it’s better to do it sooner, but that’s not my decision at all. I don’t get involved with that.”

Get your popcorn ready. Two thousand and seventeen will be interesting.

 

If you enjoy the content at iBankCoin, please follow us on Twitter

One comment

  1. rigged game

    What trade are we “warring” for? They make all the stuff for
    Dollar Tree which we can’t compete with for FIVE dollars.

    Agriclture is a possible area, but just WEAKEN our dollar by
    ten percent (PRINT MONEY!) and that problem goes away.

    Steel and electronics can be dealt with by tariffs.

    • 0
    • 0
    • 0 Deem this to be "Fake News"