Thursday, May 4, 2017

Nouriel Roubini: Trumponomics is Communist Economics

Yesterday at the Milken Institue Global Conference, currently ongoing in Beverly Hills, Nouriel Roubini chided corporations for jumping on the Trump bandwagon and parroting his rhetoric.

“He’s telling the corporate sector what to do and where to hire. It’s like a communist economy,” Roubini said. “When Trump says ‘do this’ to corporations, they all shut up and they’re all sycophants. If Obama had said one-tenth of the things Trump says, he’d be called a Bolshevik socialist.”



  1. Yeah, but Trump isn't F$#^ing Stupid enough to say "You didn't build that" !

  2. Sounds like 1930s fascist economics to me. This would make Trump in the mold of FDR.