George Soros praises Trump’s China policy in op-ed


>>Neil: HOW WOULD YOU LIKE IT IF YOU LEFT THE TOP POSITION IN THE ADMINISTRATION OF THE MARKET SOARS? THERE IS NO CONNECTION. DOW UP 74 POINTS DESPITE THE FACT OR MAY BE OBLIVIOUS TO THE FACT THAT JOHN BOLTON HAS LEFT IS NATIONAL SECURITY VISOR. IT IS A KICK IN THE PANTS ON THE WAY OUT IN A WAY. BILLIONAIRE KEN FISHER, CONTRARY READ OF THAT, WHATEVER YOU THINK OF THE MARKETS. GOOD TO SEE YOU.>>GREAT TO BE WITH YOU.>>Neil: DO LOOK AT MARKETS AFTER AN EVENT LIKE THIS, CRAZINESS OF THE WHITE HOUSE, DISARRAY, SELL, SELL, SELL.>>FOR HOW LONG HAS THE WHITE HOUSE HAD A LOT OF VOLATILITY IT ASSOCIATED WITH IT? HOW IS LIFE GOING ON SINCE THAT STARTED? I DON’T SEE THIS IS VERY DIFFERENT. I DON’T WORRY ABOUT JOHN BOLTON. HE’S GOING TO FIND A JOB, I’M PRETTY SURE.>>Neil: FOR THE MARKETS LOOKING AT ALL OF THIS THEN YOU SEE POLL FIGURES COMING OUT TODAY, THE PRESIDENT’S APPROVAL NUMBERS DESPITE A PRETTY STRONG ECONOMY AND PRETTY GOOD MARKETS WITHIN A STONE’S THROW ALL-TIME HIGHS.>>IN REALITY, MARKETS ARE A LITTLE BIT LIKE THE SNAKE CHARMER. THE MARKET IS THE SNAKE. THE CHARMER IS THE ECONOMY, AND YOU DON’T REALLY BE WATCHING EITHER. YOU WANT TO BE WATCHING THE CROWD. IF THE CROWD IS NOT TERRIBLY CHARMED BY THE SNAKE CHARMER RIGHT NOW. IF YOU THINK ABOUT IT A LITTLE DIFFERENTLY, SOMETIMES THEY WARM UP AND THE ECONOMY HAS TO GET THE SNAKE DANCING A LITTLE DIFFERENTLY. THAT HAPPENS. I’M NOT OVERLY OPTIMISTIC ABOUT THE MARKET IN THE INTERMEDIATE TERM. SIX MONTHS. PRETTY OFTEN IN THIS PERIOD OF PRESIDENTIAL ELECTION YEAR IN PARTICULAR, YOU GET 17 PEOPLE BASHING THE PRESIDENT AND BASHING EACH OTHER AND YOU GET RISING UNCERTAINTY FROM THAT WHICH OFTEN MAKES THE MARKET MOVE FORWARD BUT HESITATINGLY. THE WORLD IS NOT THAT BAD THAT THERE’S NOT A LOT OF FOCUS ON THE NEGATIVE.>>Neil: THE MARKETS TEND TO LEAD. WHAT ARE THEY TELLING US?>>WHAT I WOULD EXPECT TO HAPPEN IS AS WE MOVE THROUGH THAT PERIOD OF WINNOWING THE DEMOCRATIC NOMINEE DOWN TO ONE OR A COUPLE, THAT UNCERTAINTY FADES, MARKETS LEAD AND AS YOU GET TO THE END OF THE YEAR, YOU GET RISING MARKET.>>Neil: CHINA, EVERYONE TALKS ABOUT CHINA. MAKING A PROMISE TO BUY MORE AGRICULTURAL ITEMS. YOU SAID “I THINK IT’S LESS ABOUT ECONOMIC POLICY THAN GRANDSTANDING AND NORTH KOREA.” WHAT DID YOU MEAN?>>IN THE BEGINNING AND I SPOKE ABOUT THIS WITH YOU AS IT WAS HAPPENING IN REAL-TIME IN 2018. THE FACT IS EVERY TIME TRUMP WOULD WANT TO TRY TO OPEN THE RELATIONSHIP WITH NORTH KOREA, KIM JONG UN, IT WILL BLOW UP AND HE WOULD UP THE TARIFFS FUNCTION. KIM JONG UN WOULD GO OFF TO BEIJING AND THERE WOULD BE A LOT OF POWWOWING.>>Neil: DO YOU THINK THOSE TWO ARE TIED IN?>>ABSOLUTELY. THE TIMING OF TRUMP’S MOVEMENTS AND THE TIMING OF KIM JONG UN’S PHYSICAL MOVEMENTS. HE NEVER STEPPED FOOT OUT OF NORTH KOREA. HE HOPPED ON THE TRAIN AND IN RESPONSE TO THE TARIFFS AGAINST CHINA. THE FACT IS CHAIRMAN KIM SAID –>>Neil: YOU THINK HE’S CALLING THE SHOTS?>>I THINK THE RELATIONSHIP THAT EXISTS, THERE IS NO REASON FOR NORTH KOREA TO EXIST AS IT DOES, THAT THIS IS A COUNTRY WITH LESS PAID ROAD MILES THAN A SMALL TOWN IN AMERICA AND THE WHOLE COUNTRY, IT’S A POOR PLAYER SPENDING MONEY –>>Neil: THIS TRADE THING.>>CHINA’S ANKLE BITER AGAINST AMERICA.>>Neil: BEFORE THE ELECTION, DO YOU THINK?>>I DON’T KNOW THE ANSWER. IF I AM TRUMP AND I’VE SAID THIS TO YOU ABOUT OTHER THINGS, THE MEXICO TARIFFS AND WHAT HAVE YOU, SOMETIMES TRUMP CAVED ON A LITTLE AGREEMENT AND SOMETIMES HE WAITS FOR MORE LATER. I HE’S GOING TO WANT SOMETHING.>>Neil: THERE IS A METHOD TO WHAT HE’S DOING?>>TRUMP TOLD YOU WHEN HE WROTE HIS BOOK, START OFF ACTING LIKE A CRAZY MAN, ACT BIG AND THEY OFFER YOU A LITTLE AND YOU DECIDE YOU WANT TO SETTLE FOR IT. SOMETIMES HE DOES AND SOMETIMES HE DOESN’T. I CAN’T PREDICT PRESIDENT TRUMP AND I DON’T TRY TO. HE HAS SOMETHING GOING ON THAT HE WANTS TO ACCOMPLISH.>>Neil: YOU MAKE IT SOUND LIKE IT’S ORCHESTRATED. HE WROTE “MEMORIES ARE SHORT. IF TRUMP GOT HIS BIG WIN NOW ON TRADE, FOLKS WOULD FORGET IT BY THE ELECTION.” SO HE WOULD HAVE TO STAGGER IT CLOSE TO THE ELECTION.>>AND IF YOU GET TOO CLOSE, HE LOSES HIS POWER BECAUSE OF YOU GET TOO CLOSE, CHINA SAYS LET’S WAIT AND SEE IF HE IS STILL THERE. WE DON’T LOSE MUCH BY WAITING. IT IS A TRICKY FUNCTION BUT I REVERT TO MY POINT THAT FUNDAMENTALLY AMERICA IS A COUNTRY THAT TAKES THINGS FOR GRANTED. ONCE WE GET IT, WE ASSUME IT WAS ALWAYS THERE AND IT’S JUST ONTO THE NEXT. WE ARE KIND OF IMPATIENT, ONTO THE NEXT CULTURE AND THAT’S GOOD AND BAD ALL IN ONE. THE FACT IS THAT TRUMP, WHO IS, DESPITE ALL OF HIS CRITICISMS, THINGS POLITICAL, AS YOU POINTED OUT EARLIER, HE’S BEEN VERY CRAFTY IN HIS 2016 ELECTION PULLING OFF SOMETHING THAT NO ONE HAS EVER DONE BEFORE. AND HE’S ALWAYS GOT SOME PLANNED, WHETHER IT WILL WORK OR NOT, I DON’T KNOW.>>Neil: HE CANNOT HIGH PRAISE FROM GEORGE SOROS, LIKES HIS STANCE IN THINKS HIS GREATEST FOREIGN POLICY ACHIEVEMENT. HE DID SAY DON’T CAVE ON HUAWEI.>>IF YOU LOOK AT, THEIR SOCIAL MEDIA, YOU CAN’T SELL IT FOR BEINGS OUTSIDE OF CHINA. LOOK AT THE CHINESE EXPORTS OF OTHER TECH PRODUCTS, THEY ARE ABOUT THIS BIG. ALIBABA, OUTSIDE OF CHINA, STAGGERS. THE FACT OF THE MATTER IS ALL OF THAT COMES BECAUSE THE CHINA SYSTEM IS BASED ON CENSORING. THERE’S ONLY ONE CHINESE SORTS OF — SOURCE OF MEDIA WHERE I WRITE MONTHLY. THE FACT OF THE MATTER IS IF YOU’RE GOING TO HAVE THAT CONTROL SYSTEM, YOU REALLY HAVE A HARD TIME SELLING ON THE OUTSIDE. LOOK AT THE CHINESE ORIGINATED SEMICONDUCTOR EXPORT MARKET. IT’S TINY. IN THIS WORLD, SEMICONDUCTORS ARE TO THIS WORLD WHAT STEEL AND ELECTRICITY WERE TO 19TH CENTURY. MAYBE EVEN STEAM. THE FACT THE MATTER IS IF YOU THINK ABOUT IT, SEMICONDUCTORS ARE NOT NEWTEK BUT THEY ARE FUNDAMENTAL BUILDING BLOCKS.>>Neil: ARE THEY IN PERIL IF WE DON’T SETTLE THIS STUFF?>>AS GEORGE SOROS POINTS OUT QUITE CORRECTLY, HUAWEI HAS TREMENDOUS DIFFICULTY IF THEY CAN’T BUY AMERICAN TECH PRODUCTS. WE ARE STRONGER BECAUSE WE ARE OUR THE TECH DOMINANT FORCE IN THE WORLD. LOOK AT TECH MARKET CAP BY COUNTRY. YOU HAVE A HARD TIME FINDING TECH OF ANY SIGNIFICANCE ON A MARKET CAP BASIS OUTSIDE OF OUR WONDERFUL COUNTRY.>>Neil: YOU TALK ABOUT 5G AND ITS TECHNOLOGY, THE ARGUMENT IS WE GO TOO FAR, WE BEQUEATH IT TO CHINA.>>I DON’T KNOW THAT’S TRUE OR THAT’S NOT TRUE.>>Neil: I LIKE WHEN YOU’RE HONEST. YOU MENTIONED ABOUT CURRENCY WAR FEARS AND YOUR MENTIONING THE PRESIDENT SAYS WE HAVEN’T FELT THE IMPACT OF THE TARIFFS BECAUSE THE CHINESE EVALUATED THEIR CURRENCY. THESE FEARS ARE AS FULL AS THEY COME HERE AND WHAT DID YOU MEAN?>>TRYING TO GROW THE COUNTRY BY CURRENCY MANIPULATION HAS NEVER, EVER WORKED. TRY TO FIND EXAMPLES OF PLACES WHERE IT HAS. YOU CAN’T. SECONDARILY.>>Neil: WERE ALL THESE COUNTRIES ARE DEVALUING.>>IT IS A RACE TO THE BOTTOM. HOW WELL THEY DOING? THAT’S A MISTAKE. I DON’T HAVE A PROBLEM WITH THE FED CUTTING RATES. I THINK ALMOST EVERYTHING THE FED EVER DOES IS, LET’S SAY, STUPID.>>Neil: YOU ARE NOT A FAN.>>I WOULD DO SOMETHING NO ONE TALKS ABOUT. I WOULD DUMP THE LONG BONDS AND FORCE THE LONG RATE UP AS MUCH AS THEY COULD TO STEEP IN THE YIELD CURVE AND INCREASE THE SPREAD BETWEEN BANK DEPOSIT RATES AND LONG-TERM LENDING RATES.>>Neil: DUMP A LOT OF BOND, FLOOD THE MARKET, THE PRICE GOES DOWN IN THE FIELD GOES OUT.>>IN DOING THAT, YOU INSTANT BANKS TO LEND ME THE FULL FED POLICY THROUGHOUT THIS EXPANSION HAS BEEN TO DISTANCE AND DESCEND ADVISE. LESSER CORPORATIONS WOULD BE ABLE TO BORROW. DOESN’T HELP THE WORLD IF MICROSOFT CAN BORROW MORE CHEAPLY. THEY CAN GET ALL THE MONEY THEY WANT AND THEY CAN BORROW ALL OVER THE WORLD. IF THE AMERICAN DOMESTIC COMPANIES, THE CEMENT MAKER ARE THE BASIC INDUSTRY COMPANY OR BASIC SERVICES COMPANY THAT’S HAVING A HARD TIME BORROWING FROM THE BANK RIGHT NOW. THAT COULD BORROW AND THEN EXPAND AND THEN DO WELL. WE REALLY SHOULDN’T HAVE EVER HAD THE FED BUYING LONG BONDS IN THE FIRST PLACE. QUANTITATIVE EASING. LONGTIME CRITIC OF THE FED. QUANTITATIVE EASING WAS ALWAYS QUANTITATIVE DISEASE INC. HAS BECAUSE IT DISTANCE EDIFIES — DISTANT TENTS THAT IT WAS A MISTAKE AND IT WAS BAD AND THEY STILL DON’T GET IT. I LEARNED THIS FROM MILTON FRIEDMAN WHEN I WAS VERY YOUNG THEN HE SAID THEY WOULD NEVER GET IT AND THEY NEVER HAVE.>>Neil: YOU ARE A BILLIONAIRE BILLIONAIRE.>>THEY SAY. WHO KNOWS?>>Neil: THEY SAY. ELIZABETH WARREN HAS A WEALTH TAX IDEA THAT WOULD GO AFTER PEOPLE LIKE YOU. IT COULD RAISE A LOT OF MONEY. HOW DO YOU FEEL ABOUT THAT?>>I DON’T THINK IT WILL GO ANYWHERE NO MATTER WHAT. I THINK IT’S EASY TO SAY THOSE WORDS. I THINK WHEN YOU GET DOWN TO MARKET ACCOUNTING, IT’S A VERY TREACHEROUS SLOPE. LET ME SAY THAT IF YOU IMPLEMENTED IT AS SHE HAS DISCUSSED WHICH AGAIN I DON’T THINK WE’LL EVER HAPPEN, YOU WOULD HAVE EVERY WEALTHY FAMILY TO WHICH IT WOULD BE IMPLYING IN PERPETUAL LAWSUIT WITH THE IRS.>>Neil: YOU COULD FIND WAYS TO DODGE IT.>>I HAVE MADE A POINT FOREVER THAT IF YOU’RE ABLE TO BE CLEVER ENOUGH TO BECOME THAT WEALTHY OTHER THAN PERHAPS A FEW HEIRS, YOU ARE CLEVER ENOUGH TO GET AROUND IT TOO. IT’S ARROGANT FOR LAWMAKERS TO THINK THEY CAN PASS LAWS THAT WILL CAPTURE THOSE PEOPLE.>>Neil: I WILL PUT YOU DOWN AS A MAYBE. KEN FISHER, ALWAYS GOOD SEEING




Comments
  1. Soros is in league with China, they share corrupt politicians and fake news networks. This is a pitiful attempt to detach him from China.

  2. The rich want to keep themselves rich and the poor poor. That goes for all of them. The immigration issues, gun control, races fighting, and genders fighting keep all of us distracted while they slowly move behind us, push our heads forward to bend us over, pull theirs out, and grape us until there is nothing left for them to grape, and they move on to the next group.

  3. Wow what a dumbass comments, did any of you listened of what Fisher was actually saying? Soros was barely mentioned, yeah it was a click bait no doubt, and trumpeters fell for it without watching the whole thing.

  4. WHY IS TRUMP ABOLISHING INTEREST RATES..?!? He bashed Obama for doing that, then does it worse. What is he thinking? Savings accounts will earn nothing. It will hit seniors. WHAT IS HE DOING! Does he think no one notices..?

  5. It's rare to see a person with sharpness and honesty on tv. I don't know this Ken Fischer but his analysis and interpretations seem to make a lot of sense. I wonder what his position on Israel is, though.

  6. Somehow Idon't see Soros endorsing Trump, nor do I see one IOTA of absolute LOATHING of Soros, ever diminishing….he is still a misery svmbiot and always was.

  7. It took six minutes before the video got to talk about the title of this video. The first 6 minutes should have been cut off

  8. George Soros is an enemy of the American people. He helped fund the caravans, he helps fund the anti isreal group "BDS", he funds the anti free speech anti conservative censorship group "media matters" he was the biggest contributor to Hillary Clinton's campaign and has been on record saying his dream is to take America down. I say again, GEORGE SOROS IS AN ENEMY OF THE AMERICAN PEOPLE.

  9. Don't raise rates to a point it kills consumers. A lot of people still have a lot of debt from the Obama years. Much of it tied into HELOC's.

  10. The best time for Soros to compliment Trump is when he has an Evil Plan coming…. Call out all the spies and see what he is up to…

  11. If George Soros is praising trumps china policy this only means one thing George and the dems believe the china goings on is the one thing that can bring trump down in the 2020 election so they will continue to get the word out that they like what hes doing, A word to the wise Trump needs to look out and not be blinded by his own ego. soro's like's nothing trump believe that..

  12. Its a bit disturbing that this person thinks that its all a smoke and mirrors snake charmer game.

    This isn't good values to be teaching people. And its not what we should be hearing.

    We should have leaders who are teaching people to get back to God, and return to Founding Fathers values. This man didn't mention anything about Founding Fathers values, so its obvious his thinking is flawed and more like that of a conqueror or magician, in how he does business. We should be hearing about good living principles, and values.

    But to be fair, he does have many good points. And a lot of wealthy people are actually a LOT worse and more liberal in their views. At the very least this person is thinking somewhat along the lines of what can make a good leader, instead of something more deviated.

    His idea of no concept of gratitude and self sufficiency is spot on, though he did word it a bit differently.

    But once again, even the better news medias along with others only talk to people who 'can't share' and only dominate but don't cooperate. Not a good sense of values for people growing up to be like this.

  13. China is watching what is going on in America, and what they're seeing is pushing them to want to do some talking with Trump. At least with Trump there's some understandable logic and reason, even if they may not like the way it's being used against them, at least they can see where he's coming from and this gives them some predictability, They, I believe, have come to realize that if the democrats take over, things will be chaotic, with them being unable to rely on any deals or treaties being kept from one moment to the next, and this from a nuclear power, the situation would worry anyone.

  14. Trump has America WINNING, WINNING, WINNING.
    and China losing, losing, losing..
    Just think if he had a filibuster-proof majority in the house and Senate.
    KAG in 2020.
    Vote Red across the ballot!

  15. Fisher is brilliant. Listen carefully Neil and learn something. Without saying he clearly outlined why Trump is doing well. Because he understands the nature of economics. Unlike previous presidents.

  16. It's lame to try to explain GENIUS. People are not in sleeping mood any more. Donald Trump, is the best president ever. Deal with it.

  17. 5G is a hoax from the greedy wireless telephone companies. Trump used 5G as a tool in the trade war. Now hes dropped it as a national R&D priority. There is no consumer use case for 5G mobile. I have spent 30 years in wireless, have a patent in 4G. 5G millimeter wave only reaches 500 feet, which means it would cost over $400B for 4G-like coverage.

  18. Apparently they're looking at implementing a floating tariff pegged to the Yuan, so no matter how their currency is manipulated, the tariff auto adjusts, based on an economic formula so they gain absolutely nothing in terms of trade advantage, by currency manipulation. It's a no win for them. As a result, the US is in a stronger position than ever.

  19. Ken Fisher could play wonderfully Beavis character in a movie about Beavis and Butt Head with real people!…wonder if he would consider to play the part, how much would he charge? or maybe he would do it without charging, it is not like he needs the money! LOL.

  20. Mr Fisher talks above my pay grade haha… it's like he walks and talks in an alternate universe to poor little old me… at least I own my own home outright…

  21. Did you ever take a good look at Soros' head? It looks like a giant nut sack! This demon-infested nut sack needs to be castrated.

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