WEI Economic Strategies Will Always Crash the Global Economy

Lurie Breaks It Down

Women's Empowerment Network

Politics, Society & Culture, News, Culture, History

5.0 • 619 Ratings

🗓️ 7 April 2025

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Lurie breaks down the damaging effects of the tariffs, crashing stock market, and what happens when people who are not qualified to be in positions they hold, are in control. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	Welcome to another episode of Lurie Breaks It Down, a podcast where we dig deeply to connect the dots on the issues that shape our world.
0:22.8	I'm Lurie Daniel Favors, author,
0:28.4	activist, attorney, and host of the Lurie Daniel Favors show on Sirius XM's Urban View,
0:36.1	Channel 126. If only we could have predicted the current financial devastation sweeping,
0:38.5	not just the nation, but the whole darn world.
0:45.0	If only there had been some sign, some indication, someone out there who would have known,
0:50.8	who could have predicted that tariffs as your primary economic policy were a bad idea.
0:56.7	In fact, wouldn't it be weird if somebody had, I don't know, been kind of prescient about the fact that a president like, say, Donald Trump declaring that his magic word,
1:04.0	his magic wand, his juju, if you will, for the economy was going to be tariffs, wouldn't it
1:10.1	be weird if we had actually seen
1:11.9	an example of someone who was perhaps running against the current president, who might have said,
1:17.1	wait a minute, guys, as someone with an actual degree in economics, perhaps tariffs is not a
1:23.5	great idea? Well, Saints, Caints and Aides. It just so happens. There is such a person,
1:28.8	and her name is Vice President Kamala Harris. Let's hear what she said might happen when Donald
1:34.8	Trump implemented tariffs as his solution for all things, American economy.
1:39.2	Include the fact that Donald Trump's plans for the economy would accelerate inflation and invite a recession by the
1:45.7	middle of next year. Increase inflation and by the middle of next year would invite a recession.
1:52.3	Increase inflation and invite a recession by the middle of next year.
1:56.4	A recession on by the middle of next year.
1:58.2	To a recession by the middle of next year.
2:00.6	A recession by the middle of next year. Recession by the middle of next year. To a recession by the middle of next year. Cession by the middle of next year. A recession by the middle of next year. A recession by the middle of next year.
2:11.0	A recession by the middle of next year. Well, sounds like somebody thought implementing tariffs as a solution for America's financial woes would lead us to a recession by the end of this year, which would have been next year at the time that you said it. And well, well, well, when you look at the news today, April the 7th, 2025, in addition to the teetering and the cratering
	...

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