Trump is 'disconnected from reality' as economy crashes: MSNBC's Stephanie Ruhle
MSNBC host and former Wall Street executive Stephanie Ruhle jumped all over Donald Trump on Monday morning as the stock market spiraled downward once again due to economic uncertainty over his wide-ranging tariff plans.
During an appearance on MSNBC's "Morning Joe," Ruhle, who spent 14 years working on Wall Street before leaving her job as a managing director at Deutsche Bank, criticized the president's blithe dismissal about the economic pain the country is experiencing while he was busy playing golf in Florida.
Speaking with the hosts, she explained, "I would just say the thing that's really alarming about what our government is doing is, think about this weekend. Over this weekend, I was talking to former colleagues of mine from Deutsche Bank saying, compare this weekend to where we were in 2008, right? That the famous 2008 weekend when traders were flooding back to trading desks to figure out what was their counterparty exposure to, to all other banks out there, how bad was it going to be?"
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"We'll juxtapose that with all the traders flooding back to their trading desks last night," she elaborated. "You know, the big difference was between last night in 2008? In 2008. the government was spending the weekend frantically figuring out how to save us. And what happened this weekend? The president was playing golf and sending out tweets that were wildly disconnected from reality. That's the difference; you make an investment based on those changes."
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