“This Is SERIOUS…” | Chris Whalen
Chris Whalen explains why the tariff debate is largely a distraction – part of Trump’s “shock and awe” strategy to force trading partners to negotiate fairer terms as America attempts to end the Bretton Woods system after 75 years. He sees credit deterioration emerging in auto loans and credit cards while warning about multi-family housing defaults, particularly in smaller urban properties where market indicators show values 50% below their last sale.
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The Institutional Risk Analyst: https://www.theinstitutionalriskanaly…
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2 Comments
I get the idea of using tariffs to address an inequality with a trading partner but this makes it sound like some genius move. How does it help to throw out blanket tariffs across the world. We have major trading partners in Canada and Mexico. How about talking to those? I think the point isn't about tariffs it's about implementing them in a fashion that is based on showmanship and personal delusion. It's just absolutely no way you can make a credible case for how this has been implemented and say it's all part of a plan to get people to the negotiating table. Statements like you're making really cast doubt on your credibility.
Heres the deal, until Americans see problems in their faces, there is not a problem. The markets keep going up, theres the usual food on the shelves, gas costs are about the same. So I guess go all in on stocks.