GET THE TRANSCIPT AT <a href='http://PETERNAVARRO.SUBSTACK.COM'>HTTP://PETERNAVARRO.SUBSTACK.COM</a> 
What happens when you “Fitch” your wagon to Bidenomics?  The American government gets its credit rating downgraded, and a big barrel of cold water gets dumped over the heads of the Wall Street bulls.
That Fitch downgrade of US Treasuries on Tuesday was pretty much the big news this week – along with a rather mixed jobs report. 
Here’s the fundamental conundrum facing this country that the Fitch downgrade fully exposes:
<ul><li>Government spending is out of control and will create unprecedented debt levels. </li>
<li>It will cost more and more to finance this hemorrhaging US government debt.</li>
<li>It will cost more not just because the debt is growing – and growing far faster than tax revenues -- but also because interest rates are rising. </li>
</ul>

GET THE TRANSCIPT AT HTTP://PETERNAVARRO.SUBSTACK.COM What happens when you “Fitch” your wagon to Bidenomics? The American government gets its credit rating downgraded, and a big barrel of cold water gets dumped over the heads of the Wall Street bulls. That Fitch downgrade of US Treasuries on Tuesday was pretty much the big news this week – along with a rather mixed jobs report. Here’s the fundamental conundrum facing this country that the Fitch downgrade fully exposes: Government spending is out of control and will create unprecedented debt levels. It will cost more and more to finance this hemorrhaging US government debt. It will cost more not just because the debt is growing – and growing far faster than tax revenues -- but also because interest rates are rising.

GET THE TRANSCIPT AT <a href="http://PETERNAVARRO.SUBSTACK.COM" rel="noopener noreferrer">HTTP://PETERNAVARRO.SUBSTACK.COM</a>&nbsp;
What happens when you “Fitch” your wagon to Bidenomics?&nbsp; The American government gets its credit rating downgraded, and a big barrel of cold water gets dumped over the heads of the Wall Street bulls.
That Fitch downgrade of US Treasuries on Tuesday was pretty much the big news this week – along with a rather mixed jobs report.&nbsp;
Here’s the fundamental conundrum facing this country that the Fitch downgrade fully exposes:
<ul><li>Government spending is out of control and will create unprecedented debt levels. </li>
<li>It will cost more and more to finance this hemorrhaging US government debt.</li>
<li>It will cost more not just because the debt is growing – and growing far faster than tax revenues -- but also because interest rates are rising. </li>
</ul>

Shotgun Marriage: Bidenomics and Wall Street Get Fitched

Peter Navarro is one of only three senior White House officials to serve at the right hand of Donald Trump all the way from the 2016 campaign to the end of his first term in 2021. At the Trump White House, Peter was the President’s Chief China Hawk and helped craft many of the tough tariffs and sanctions Donald Trump would impose upon Chinese Communist regime. 

As the Director of the Office of Trade and Manufacturing Policy, Peter Navarro helped President Trump create hundreds of thousands of manufacturing jobs through tough trade policies, by drafting numerous buy American, Hire American executive orders on behalf of the president, and through targeted interventions at key defense facilities like the Philadelphia shipyard and Ohio’s Lima Army Tank Plant.  At one point, Peter also played a pivotal role securing our Southern border by helping to bring about the so-called safe third country agreements with both Mexico and the Northern Triangle countries of Guatemala, Honduras, and El Salvador. 

During the pandemic, Peter Navarro was also the first to call out Dr.  Anthony Fauci for his Never-Trump duplicity and for Fauci’s role in helping the Chinese Communist Party create a deadly viral bioweapon in a Wuhan lab funded by Fauci’s NIH.  This COVID-19 virus has already killed millions of people worldwide. 
 
Peter Navarro started this podcast as an extension of his book Taking Back Trump’s America.  This best-selling book -- please buy it on Amazon! -- has become both the blueprint and battle cry for the modern MAGA movement and Peter’s mission is to return Donald Trump to the White House in the 2024 presidential election and restore peace and prosperity to this great land.

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Peter Navarro is one of only three senior White House officials to serve at the right hand of Donald Trump all the way from the 2016 campaign to the end of his first term in 2021. At the Trump White House, Peter was the President’s Chief China Hawk and helped craft many of the tough tariffs and sanctions Donald Trump would impose upon Chinese Communist regime. As the Director of the Office of Trade and Manufacturing Policy, Peter Navarro helped President Trump create hundreds of thousands of manufacturing jobs through tough trade policies, by drafting numerous buy American, Hire American executive orders on behalf of the president, and through targeted interventions at key defense facilities like the Philadelphia shipyard and Ohio’s Lima Army Tank Plant. At one point, Peter also played a pivotal role securing our Southern border by helping to bring about the so-called safe third country agreements with both Mexico and the Northern Triangle countries of Guatemala, Honduras, and El Salvador. During the pandemic, Peter Navarro was also the first to call out Dr. Anthony Fauci for his Never-Trump duplicity and for Fauci’s role in helping the Chinese Communist Party create a deadly viral bioweapon in a Wuhan lab funded by Fauci’s NIH. This COVID-19 virus has already killed millions of people worldwide. Peter Navarro started this podcast as an extension of his book Taking Back Trump’s America. This best-selling book -- please buy it on Amazon! -- has become both the blueprint and battle cry for the modern MAGA movement and Peter’s mission is to return Donald Trump to the White House in the 2024 presidential election and restore peace and prosperity to this great land.

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