Saturday, August 29, 2015

Krugman's Take on Trump's Take on China's Stock Market Crash

I can't argue with this.
Then there’s Donald Trump, who likes to take an occasional break from his anti-immigrant diatribes to complain that China is taking advantage of America’s weak leadership. You might think that a swooning Chinese economy would fit awkwardly into that worldview. But no, he simply declared that U.S. markets seem troubled because Mr. Obama has let China “dictate the agenda.” What does that mean? I haven’t a clue — but neither does he.

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