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Donald Trump: We Are In A Big Fat Bubble

Donald Trump

Republican presidential front-runner Donald Trump sold a lot of his stocks and shares a year ago when he realized that he was in a financial bubble.

The Donald got out of the market before cheap money and currency wars inflated and destabilized the economy.

Billionaire businessman come politician, Donald Trump talks on Fox News about the race for the White House, Syria, Pope Francis, Federal Reserve and the U.S. markets.

RealClear Politics reports:

“I’m very proud –at first I thought I made a mistake, I sold my stocks, and the market went up, but now I’m way, way ahead,” he said. “Money was so readily available… Every company should have made a fortune… But I saw this coming, I’ve been talking about a bubble. We are now in a big fat ugly bubble.

DONALD TRUMP: I’m very proud to say I never bought stocks, but a couple of years ago I bought a tremendous amount of stocks, and I sold them a year ago.

I’m very proud –at first I thought I made a mistake, I sold my stocks, and the market went up, but now I’m way, way ahead.

I’m a non-stop buyer… Money was so readily available… Every company should have made a fortune… But I saw this coming, I’ve been talking about a bubble. We are now in a big fat ugly bubble…

We’re controlled, our destiny, is largely controlled by what is happening in China because we are so wired into China. And it gives them a big advantage.

 

Edmondo Burr

BA Economics/Statistics
CEO
Assistant Editor
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BA Economics/Statistics CEO Assistant Editor