Jumpin’ Ju-Ju Bones – CNBC Finally Gets It – A Stunned Jim Cramer: “Trump’s Trade Strategy Is Working”…

Hat Tip OverTheMoonbat for making sure we didn’t miss this segment from last week.  This video also explains why Larry Kudlow, Secretary Mnuchin, Secretary Ross and Peter Navarro have tended to spend more time discussing economic policy with CNBC analysts than Fox Business.   However, before watching, it is worth revisiting the background.

For three years CTH has explained the challenge in dealing with, or renegotiating with, the Beijing, China ideology.  Encapsulated thus in 2018:

[…] China has no cultural or political space between peace and war; they are a historic nation based on two points of polarity. They see peace and war as coexisting with each other.

China accepts and believes opposite or contrary forces may actually be complementary, interconnected, and interdependent in the natural world, and they may give rise to each other as they interrelate to one another. Flowing between these polar states is a natural dynamic to be used -with serious contemplation- in advancing objectives as needed.

Peace or war. Win or lose. Yin and Yang. Culturally there is no middle position in dealings with China; they are not constitutionally capable of understanding or valuing the western philosophy of mutual benefit where concession of terms gains a larger outcome. If it does not benefit China, it is not done. The outlook is simply, a polarity of peace or war. In politics or economics the same perspective is true. It is a zero-sum outlook.

If it does not benefit China, it is not done !

Therefore the economic battle must be carefully waged to deliver a series of alternative thoughts in the mind of Beijing – where they view specific action as their best interest.

Any reversal in the current standard of benefit is viewed as a loss; the Chinese will not cede to any losses.  To challenge those who hold this zero-sum position, you must first change the current standard.

This means China must lose first before the negotiations can begin.  The baseline within the negotiation must be reset.  Once the baseline position is reset, then negotiation can be viewed by the Chinese as a gain.  This is the only way to get the Chinese to agree to any terms.

If the baseline losses to China are not currently firmed, such that Beijing and Xi Jinping see their current position as the standard, then President Trump and Bob Lighthizer need to wait longer before engaging.

Big Panda must see their diminished bamboo forest as the natural, current, and diminishing forecast status.  Only then will Panda engage in negotiations.  China must be in a seemingly perpetual stasis of losing before they will contemplate their need to achieve gains.  (read more)

That 2018 CTH discussion explains the basic issue in dealing with China.  Any financial pundit or Wall Street analyst who does not start their review of President Trump’s trade policy from that foundation would always be lost. This disconnect in basic understanding has been frustrating for years.

However, check out this video segment from Jim Cramer.

For the first time a mainstream analyst is finally starting to “get it”.  In a departure from the customary analysis of President Trump’s trade leverage, Mr. Cramer finally sees the Big Picture. WATCH:

.

Hey, it’s progress...

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165 Responses to Jumpin’ Ju-Ju Bones – CNBC Finally Gets It – A Stunned Jim Cramer: “Trump’s Trade Strategy Is Working”…

  1. Chris says:

    He doesn’t have a clue. Cramer is a total phony. My dad has his show on last week, and he was bashing President Trump nonstop. He kept saying that he should make any deal. Anything, we just need a trade deal. Then he went on a tirade about President Trump tweeting. No thanks.

    Liked by 2 people

    • sundance says:

      Way to miss the big picture.

      Liked by 38 people

    • myrightpenguin says:

      First comment distraction. Again.

      Liked by 12 people

    • ADDgolfer says:

      He almost came out and agreed with you…
      That he has been a phony when it comes to the president’s strategy.
      His understanding of international commerce is the same as so many of his peers, and although probably better than the average American, he’s had to almost admit nationally he’s a newbie
      He’s been bested and there is a swallow of respect behind his facade, tho he nor any of them will ever admit to

      Like

      • ADDgolfer says:

        Wrong term.
        “a swallow of admiration’ until he remembers who bested him
        If ONLY he was ‘their’ guy

        Liked by 1 person

      • grlangworth says:

        “…for quite some time I have been skeptical about Trump’s Trade War…” Yep, it is progress.

        Liked by 3 people

      • dbobway says:

        “although probably better than the average American”
        I resemble that remark.
        Most of us live week to week. Our bottom line is below zero, for many of us.
        Those of us who work mainstreet, are the biggest victims of easy money.
        We depend on affordable commodities to get by and do better.
        We are the people that technology is going to replace. If I ran my business the way high tech does I would be out of business in a week. If somebody pulls the plug?
        I’m still working and making money.
        Brick and mortar, which includes energy is what makes the world go round. Energy is the key component to keeping us out of serfdom. For every person that can afford energy, that is one more human being off poverty.
        After building 7,500 hundred kitchens, 95% of them are brewing coffee this morning and still generating revenue. Easy money comes along and creates a scam by selling mortgages that can only be sustained, by people who count on commodities to afford that mortgage. Gas goes over $4.00 a gallon and there is your ‘bubble’.
        The busiest we knuckle draggers, get is when the market is down. Brick and mortar is always the back up to easy money. But brick and mortar is ‘hard’ money.
        But when shlt hits the fan, the buildings and homes are still standing and earning revenue.
        Technology in the work place is a decade or more behind, just implementing their product into the work place. Business has to double their staff, just to break up ever breaking hardware and unfinished software, to avoid getting hammered by government regulation, penalties and fines. Next up will be, thousands of accident deaths caused by robot cars, being ignored, like the ‘millions’ of birds being murdered by ‘renewable’ energy, which is decades away from being efficient and affordable.
        Mainstreet is the most powerful ‘and’ sustainable economy that exist today.
        Except that, and we’ll all be richer for it.

        Like

    • dscottv says:

      The whole point is that Cramer…of the mainstream media… is admitting that Trump’s strategy on China is working.

      Liked by 11 people

      • ATheoK says:

        And that he admitted President Trump’s
        1) ‘Trade deals’ and
        2) that countries refusing to trade honestly ‘trade deal punishments’, aka the much reviled by democrats ‘Tariffs’; are working for America.

        All while Peloser, Biden, Warren, Sanders, Harris, beto, and Pete keep telling their small audiences and news hacks, that President Trump’s Trade Deals Tariffs are disasters, failures, trade destroying, etc. etc. This same group of fools also tell their audiences how , if elected, they will correct President Trump’s trade deals. Usually by reverting to the old deals…

        Cramer is a mixture of Wall Street ego, Show Biz narcissism, and snake oil salesman. This week he admits President Trump’s Trade Deals and Tariff’s are working.
        It is quite likely that over the next few weeks that Cramer will revert to implying everything President Trump or Conservative is wrong.
        I wonder how badly Cramer’s anti-trade deal investments must have fared, to cause Cramer to admit the trade deals are working. Likely, proving that Cramer hasn’t been purchasing his investment protective straddles properly; (buying both sides of and investment; e.g. calls/puts/shorts, to cover stock reversals).

        Like

    • Bigly says:

      Grasshopper – if he was a trump supporter it wouldn’t have made Sundance’s whiteboard.

      Liked by 4 people

    • WRB says:

      Cramer opens by giving reasons why he thought tariffs would not work, and then confesses that he was wrong.

      Here at the CTH website (from years ago) we were given this analysis:

      China must lose first before the negotiations can begin… Once the baseline position is reset, then negotiation can be viewed by the Chinese as a gain.

      Now Cramer sees the same thing, that it is now cheaper for China to give POTUS what he wants than accept the new status quo of rising tariffs, with no end in sight.

      Liked by 9 people

    • GGHD says:

      I don’t watch Cramer except for this video. From what I know about Cramer and many other Wall-Street enthusiasts, = They do NOT fully acknowledge the villainy of the Communist China government [or they overlook the villainy because of the economic benefits of ‘cheap stuff’].

      A quote from TheLastRefuge twitter account by TheConservativeTreehouse. =
      “Beyond the pure economics of communism, the “paying for it” aspect, there’s the complete lack of freedom.”

      “If rights are apportioned by the state, you have no liberty; no independent right to strive. This creates citizens as ~~>slaves to the state. Bernie & Chairman Xi both support”
      [August 27, 2019. TheLastRefuge twitter account]
      ***************
      ***************
      The idea of using ‘economic slaves’ to produce ‘cheap stuff’ is a common theme among the the enthusiasts for the Wall-Street Economy.

      Liked by 1 person

    • Mike in a Truck says:

      If it does not benifit CNBC it is not done.

      Like

  2. Comrade Terry says:

    Cramer is always stunned when the truth jumps up and bites him on the nose. He’s an entertainer, not a knowledgeable commentator. And not a very good entertainer at that.

    Like

  3. Baby El says:

    Does this clown have any credibility? If he ever did work on Wall St, how did he ever make any money.
    Talk about slow on the uptake.

    Like

    • sundance says:

      Great job avoiding the central element…..

      Liked by 10 people

        • Sundance is trying to point out that Jim gets the President Trump trade strategy with Chine, not that Jim Cramer is great or even good, just that he gets it.

          Why haven’t we heard someone on Fox Business explain it to their viewers? Maria is top notch on interviews and spygate. Lou loves our President and heavily supports him, but no one has yet explained how President Trump set the stage for China to come to the table.

          Liked by 10 people

          • rah says:

            At Fox that would be Cavuto’s job. Like to see that never Trumper go the way of his best buddy just did.

            Liked by 2 people

          • Chris says:

            Lou Dobbs talks about this all the time, almost every night. He is hugely supportive of the tariffs and speaks frequently about how outsourcing has directly affected our GDP. He is very critical of “free traders” and often has great guests to reinforce the trade policy (Peter Navarro, Gordon Chang, Michael Pillsbury).

            Liked by 1 person

          • GB Bari says:

            Lou Dobbs is on FBN and he has understood the President’s “tariff-China-until-they-negotiate” strategy for awhile. Dobbs had Gordon Chang on his show back in February which Sundance featured right here in CTH**. But Lou has been a lone voice in the “mainstream financial media” wilderness for a long time.

            ** https://theconservativetreehouse.com/2019/02/20/lou-dobbs-and-gordon-chang-make-the-case-for-enhanced-chinese-tariffs/

            That an established big national network “household name” like Jim Cramer would come on the air this past Friday and make such a clear admission and accurate observation is profound.

            Like

      • rmramerica says:

        Cramer is a professional. He understands markets. Whether you agree with him or not. He is beginning to see the big picture come together and how the ramifications of the tariff policy will effect the over all economic picture for the US market. Positively. That thinking is up stream for New York.

        Also, every professional trading room, if they have a TV on, has CNBC. NOT Fox business news. Fox’s a joke. It is becoming the new site for conservative conversation that occasionally touches on business. That’s all. They have two or three people who are good and report, but that’s really few and far between. It’s mostly sanctimonious, pompass New Yorkers/media condescendingly telling us what to think.

        Liked by 1 person

        • If he was a true professional, he would have seen this 18 months ago. Even a Treehouse rank amateur has been able to see this for a while.

          The Swamp is finally starting to see the (extremely stable) genious of Trump, but you have to smack them in the head with a 2×4 multiple times before they catch on.

          Like

    • Peoria Jones says:

      He’s a dope, and not to be trusted under any circumstances. However…

      If major corporate media is trotting out one of their own to *admit* that PTrump’s strategy is working (even a little bit), it’s kinda yuge. What it means is that the Trump strategy is far more successful than they’ve been telling us, and they can no longer hide it.

      It doesn’t mean they really *get* Trump’s strategy. It doesn’t mean they understand how China really doesn’t negotiate. It doesn’t mean they will ever like our POTUS. It doesn’t mean they won’t stop trying to screw him, either.

      Just my $.02

      Liked by 5 people

      • ADDgolfer says:

        It does mean his audience of many have heard the President got this one right.
        Who just might go, hmm what else is he doing?

        Liked by 2 people

        • Peoria Jones says:

          I’m not sure how consequential his audience is, but am happy for ANY & ALL to occasionally hear something positive about President Trump in the Mass Corporate Media.

          But I remain a realist about who these people really are (the MCM). They may be forced to admit this Trump success to save face before the sheeple figure it out for themselves, but I won’t start trusting them.

          Each time PTrump has been proven right (or innocent), they’ve just gone on to perpetrate some other destructive anti-Trump narrative. The citizenry from the other side may come around, but corrupt media is our enemy.

          Like

          • WVPatriot says:

            Peoria Jones,

            100% on all fronts!!!!!

            Like

          • bruzedorange says:

            Peoria, I think you approached the importance of Cramer’s current pause on the road to Damascus when you mentioned “sheeple.”

            NYC, like every progressively voting intellectual ghetto, is a GROUPTHINK community. A familiar voice in their trusted echo chamber just said nationally, “I was wrong about Trump” and “This is a good strategy!”

            Cue George Pal for “When Worlds Collide”…

            Like

          • chipin8511 says:

            Mockingbird MSM whores…… as Shawn at SGT report calls them.

            Like

        • madeline says:

          My take from the Jim Cramer explanation is that each culture has to be dealt with on a different level. The cultural norms for doing business are so different for each country. PDT understood this long ago and has been using his jedi psychology on China the whole time. The light bulb just FINALLYwent off in Cramers head. DUH. He used words like “saving face” etc., to describe his brilliance/sarc. Surprised a commentator for a business network didn’t get this long ago. Additionally, Cramer needs a speech coach he’s very difficult to understand.

          Like

      • He’s like a trained seal…show the fish, perform, eat said fish!!!!!!!!!

        Liked by 1 person

    • MaineCoon says:

      Yes, he and all are slow on the uptake, but at least he is changing the trend. A bearish reversal (as MA calls it). Let’s hope he continues on the uptake and others get a clue from him.

      Liked by 1 person

  4. Tim macdonald says:

    Cramer also speaks out of both sides of his mouth I happen to agree with you 100% about our president but Cramer in the morning show wanted to express that Elizabeth Warren would actually not be bad for wall street and the markets a bold face lie so I’m not sure till we see more of this from him on what we really can believe , I’m not convinced he hasn’t sold his soul to corporate media and his bosses

    Liked by 3 people

  5. CountryDoc says:

    Glad he is able to articulate it. Too bad his diction is terrible. Very hard to understand his words. I’ll take it as a little progress. Lets watch for consistency.

    Liked by 4 people

  6. Cramer shoots off his mouth so much ocasionally the truth slips out.

    Liked by 2 people

  7. Sentient says:

    Paul Krugman just wrote a column entitled Trump isn’t stable or a genius.
    Um, ok… whatever, Krugman.

    Liked by 3 people

  8. Judith says:

    He not only gets it, but he actually says so out LOUD? Has hell frozen over?

    And if the Enemedia reports something positive about PDJT’s trade deals then guess what. It means -in theory- that the corporate money changers that control all these yappy networks must finally be coming around. Could it be *they* now see dollar signs at the end of the rainbow?

    Liked by 11 people

  9. Jack Dempsey says:

    If you want a surprise, check out
    https://www.bloomberg.com/opinion/articles/2019-10-10/inequality-globalization-and-the-missteps-of-1990s-economics
    Krugman admits he has been WRONG for 25 YEARS about globalization.
    Of course, he then says he is CORRECT now, OrangeManBad, etc.

    Liked by 1 person

    • rah says:

      You’ll be on the right side 99% of the time if you go opposite of Krugman.

      Liked by 5 people

    • howardrichman says:

      Krugman is still wrong in the above piece. He still thinks that trade deficits don’t matter in the long-run, even though they slow economic growth for a variety of reasons, primarily because they cause the loss of factories, R&D facilities, and comparative advantages.

      The great University of Chicago economist Jacob Viner was the first one to figure this out. Ralph Gomory and Raymond Richman were next. Peter Morici and Paul Navarro were next. The Chinese economists figured it out by reading Jacob Viner. Paul Krugman wrote an international economics book, now in its upteenth edition, but he still hasn’t figured it out!

      Like

  10. hoghead says:

    Um. Jim Cramer? Am I supposed to know a Jim Cramer?

    Liked by 1 person

    • hoghead says:

      I do get it, Sundance. A long-time spokes-critter for the beast is acknowledging POTUS’ confrontation with the panda/dragon is changing the hideous status-quo. And he also noted the lack of dealing with China by the EU.

      If Cramer is actually talking about this on his show, behind the curtain the powers that be must be analyzing POTUS’ views on a lot of fronts.

      Liked by 6 people

      • grlangworth says:

        I do think that Cramer echoes what a lot of people — Mohamed Aly El-Erian — have been talking about for weeks.

        Like

        • Carrie says:

          El-Erian really gets it! Love watching him speak. One of the few people respected by Wall Street who is openly discussing and praising President Trump strategy. All the other dunderheads are still scratching their heads and re-reading Krugman and wondering how they can’t see how the market is performing the way it is.

          Like

    • Baycity Duckhunter says:

      Kudlow & Cramer. Was such a fun show – Kudlow speaking about the macro trends, yield curve, pareto Optimum….. and Kramer was slapping those ‘SellSellSell’, ‘BuyBuyBuy’….buttons – talk about oil & water never mixing….was quite fun. The Fed guy and the Goldman trader…

      Liked by 3 people

  11. Sentient says:

    The funny thing about Trump’s genius – which is true genius – is that he simply espouses what would be common sense if sense were common in DC:
    To hamper border encroachers, build a wall. When you buy a lot more from China than they buy from you, you should be able to drive a hard bargain. If you don’t want any new wars, don’t start a new war.

    Liked by 11 people

    • Marina Sapir says:

      Trump genius is not a common sense.
      Nobody used tariffs for a long time. Many economists expected that it will drive up consumer prices. Trump knew, it will not. But Trump planned it, and worked on his ideas for decades. He personally had many deals with China and learned how win. I saw a movie, where he says what a President shall do about China. It was recorded decades ago. And he said pretty much the same what he says and do now.
      I do not know if there were economists who would predict that it will work at the beginning.

      It may become a common sense when it will succeed. But it was not, when he started.

      Liked by 5 people

      • Sentient says:

        Good point.

        Like

        • David A says:

          Sentient, good reply. Yet I understand your perspective in that P Trump is a powerful negotiator because he uses logic and truth. He knows the field before the battle begins.

          It is strange, yet the left actually thinks perception is reality, so in essence the profit from the con, while P Trump profits from objective and accurate observation, and a fearless response.

          Like

      • Revelation says:

        Common sense doesn’t get a look in when China bribes every legislator it can get access to.

        Its not a question of knowledge or intelligence, its a question of integrity and honour.

        Liked by 1 person

      • grlangworth says:

        “Tariffs” is a loaded word. Too many people only remember its historic blame. “Tariffs” are actually a form of penalty payment that you use when you want to change a trading partner’s bad behavior. Not a bad idea, really.

        Liked by 3 people

        • geoffg12 says:

          President Lincoln advocated heavily for tariffs rather than taxes. He said repeatedly that tariffs are far less intrusive on the citizens than tax collection would surely become. Back then, economists scoffed at the idea, and we got income tax in 1916. Imagine, the country was operated by tariffs; there was no income tax.

          Like

      • WVPatriot says:

        Great evaluation, Marina Sapir.

        Liked by 1 person

      • highdezertgator says:

        “long habit of not thinking a thing WRONG, gives it a superficial appearance of being RIGHT,”
        ― Thomas Paine, Common Sense

        Liked by 4 people

      • dallavise says:

        I think it was just misleading to make it seem negative. They would be right, you know, if China was a sole supplier. It drives up their cost and they pass it on to the consumers. It sounds easy and logical so not hard to sell. Of course what really happened is that China saw competition in the form of existing companies, as well as just better looking countries for companies to move to. Therefore they subsidize their companies so that their costs go down, enabling the same price. Which is why we haven’t seen any inflation, and the Trump admin is saying China is paying for it. Short term pain to avoid long term pain. But as soon as they realize Trump is going to win in 2020, they will be doubly screwed.

        Liked by 1 person

    • sturmudgeon says:

      “he simply espouses what would be common sense if sense were common in DC:” Yes!

      That, in itself… is Genius… as it has been MIA for so very long!

      Like

    • chipin8511 says:

      Trump surrounds himself with smart people Wilbur Ross is as shrewd as it gets…

      Like

  12. USA First! says:

    I agree whole heartedly with this premise concerning China. That’s why consistently delaying tariffs only benefits their bamboo forest.

    Like

  13. Mark L. says:

    I wouldn’t follow his advice trading stocks but at least for a moment, like Sundance says, he seems to have figured this out.

    Liked by 3 people

  14. Avi says:

    Good job Sundance
    You point out that Cramer has a “Road to Damascus “ and some commenters trash him.
    I think they missed your point.

    Liked by 3 people

  15. TwoLaine says:

    This simple & instructional video now needs to make the rounds to the other economic “experts” who have been running around with their heads cut off clucking for months on end about tariffs being taxes on Americans, etc.

    Liked by 2 people

  16. Sparty says:

    Ok. Who cares if Cramer is a “hack” or something whatever. It doesn’t matter. Cuz he has a show. Millions per week watch his show. And since many watch his show Cramer naturally holds some level of influence. And when Cramer lays it out in the video, majority of viewers are picking up what ol’ Jim is laying down. Bite that sticks is Trumps trade strategy is working. The Chinese could be in real trouble. Trump is America focused. And it seems to be working. Cool….

    Liked by 5 people

  17. TradeBait says:

    PDT and his warriors have this. Just enjoy the show. I have been watching and listening to him about this China issue for years. He is doing exactly what he said our POTUS should do. If it takes globalist egomaniacs a long time to figure it out, that’s OK by me. They can sit in the corner with China.

    Liked by 2 people

    • Judith says:

      The only problem with “globalist egomaniacs” taking their sweet time, is that the easiest way to effect overnight change in DC, short of WWIII, is to get these money changers to see the BIG picture. Once they realize that they can make a killing in MAGAnomics, and amend their business plans, then their DC corruptables will be reigned in, accordingly. DC works for the multinationals.

      When the issue is the money, it’s a no-brainer. USA is THE place to earn and SPEND money. Anybody who would kill the goose that lays their golden eggs is just not grasping the big picture.

      First of all, Americans will not stand to become a third world sh!thole. Just not happening. Secondly, if we go down, then the rest of the FREE world goes down with us. Do these multinational corporations really trust CHINA to float their boats? If so, they are “maroons” of the first order.

      Liked by 1 person

  18. NJF says:

    Finally. Hopefully it will continue with some of the more honest commentators.

    Liked by 1 person

  19. dscottv says:

    Maybe this is the leaking crack in the dam that eventually leads to the whole thing busting open.

    Like

  20. Kleen says:

    Oh well, he finally gets it! Better than the rest who are still stuck on stupid and refusing to report the truth.

    So at least Cramer may have been just misguided but now he gets it.

    The rest are simply pushing disinformation. Intentionally misleading the sheep.

    If he doesn’t lose his job, for speaking the truth instead of pushing DNC disinformation, it is progress for sure.

    Liked by 1 person

    • Dutchman says:

      Cramer took a baby step. Thats makes him way ahead of the other economic talking heads, but still WAY behind the curve.

      When will he finally figure out that the goal is NOT to get a trade deal with China?

      “In the year,..2525,…if man is still alive.
      If woman can survive,….”

      Like

  21. Marina Sapir says:

    Now, we can explain why Trump’s strategy works. But how many people knew that the strategy will be successful when Trump started with tariffs? What is seems now as a common sense, was looking absurd for the people who believed that, in negotiations, you do not need to aggravate your opponent too much. Many people believed that tariffs will harm us. What Trump did was counter intuitive, it went against common wisdom. This is not how negotiations usually done in a polite society. Fortunately, Trump is not bound by the rule of the polite society.

    Liked by 1 person

    • sturmudgeon says:

      ” it went against common wisdom.” lol… seems a poor choice of words… you may have meant “against common belief”… ’cause that is NOT the same as ‘wisdom’, in my book.

      Liked by 2 people

    • Judith says:

      Honorable money changers (I know it’s an oxymoron) would do the right thing and still stand to make a yuge profit. However, there is absolutely no honor amongst thieves nor Globalists.

      So ya gotta make em cry “UNCLE!”

      And nobody is better at assigning responsibility and twisting arms than our very stable genius President. He exerts pressure like a Boa Constrictor. He won’t let up until he gets the results he wants.

      Like

    • Dutchman says:

      Marina;
      “But how many knew it would work, back Trump started with the,tariffs?”
      (Paraphrasing)

      Only one I know of; Sundance.

      Like

  22. Proud American from Texas says:

    Are we 100% certain Xi didn’t pull out of the prior deal to prove a point to those who could cause him problems in his own country?
    Kind of like, Xi says, “This President is not like the others. He will crush us. We will pull out of our deal, but you will see what he can do to us, if we don’t make changes at some point. Believe me!”
    Xi is President of China for life, until he isn’t. The CCP can cause him many problems. Xi spent time in the USA studying American agriculture. His daughter graduated from Harvard in 2015, using a pseudonym.
    Just something to think about.

    Like

  23. ADDgolfer says:

    He still has a huge following of ‘mushrooms’ 🕶️💩who will actually hear, possibly for the first time…
    “Trump got this right”
    translation:
    The President knows what he is doing

    Like

  24. Doppler says:

    Cramer’s a hack, but he is an important mouthpiece available to certain large financial interests, who want to get out their message. People who watch Cramer for investment advice are not what you’d call smart money. So what this tells me is that some of those large financial interests see value in acknowledging Trump has changed the dynamic with China, where no one barely thought about that possibility before.

    It may be as Sundance suggests, slow but finally Cramer gets it. But it may also be prelude to the 2020 market crash, Trump solved the immediate China problem, so these financial interests who’ve been counting on a crash for some time decide to further fan the market to new records, because they can’t crash it now that this major impediment to growth is being dismantled.

    China is certain to have allies among some of the same global financial interests who use Cramer. So this could all be more Kabuki, with Fed, global financial interests, China all coordinating a crash sometime next year.

    Like

  25. Chieftain says:

    If Kramer repeats this three more times, then it has significance, otherwise it may be a one off like Chris Matthews does occasionally. At least Kramer has articulated it once if no more than a credibility CYA.
    Let’s see if it is repeated.

    Like

    • Ah, a comment that echoes my own reaction; the days, and the insane Left, are and have been too dark for too long to think otherwise. And for the record, I wish that people on all sides would just stop trying to find ways to disagree with President Trump, and show how smart they are, when he does something “new”. They all proved they were incompetent by getting us into the mess. Our President is in the enviable position (in my mind) of being the only choice possible; everybody else has PROVEN they don’t know squat, about anything.

      Just think of Trump as a big cold bottle of Coke, or Pepsi, and the ads for same. “It’s the real thing”; “I’d like to teach the world to sing, in perfect harmony”. Think of him as a big, woolly polar bear, enjoying life and showing the way.

      And Sundance’s analysis of China also fits the Insane Left (which came first, the chicken or the egg?).

      Like

  26. Soldier/Cop/Grunt, Retired says:

    TO: Americans
    cc: President Trump, Members of Congress, The Media, Academia.

    Note: This message/comment is being posted to any article providing examples of the actions of the political class, the media, bureaucrats, and academia proving the soldier’s lessons learned and the reason for submitting this comment. Have omitted several of the lessons in consideration of our more sensitive brothers/sisters.

    RE: Rape, Pillage, Plunder; American You’ve Been Had!

    After 26 years of active duty and into my third year as a police chief, I published 12 of 15 of what I titled as; ‘A Soldier’s Lessons Learned’. They were to serve as the prelude to a book I was writing. The title of the book was meant to establish in a few words the overall conclusion of the book, which lays out in detail how the I arrived at each of the lessons learned. The original title of the book was; ‘Rape, Pillage, Plunder; American You’ve Been Had!’ Side Note: After B.H. Obama was elected to his second term the title was changed to: ‘Rape, Pillage, Plunder; American You’ve Been Had and It’s Your Own Damn Fault!’ Sadly, since Donald Trump came down that escalator Americans are being provided daily proof of the validity of the lessons learned and the title of the book! Soldier/Cop/Grunt, Retired

    A Soldier/Cop’s Lessons Learned

    Note: In an attempt to bring the lessons learned into the current political climate I have inserted a short comment where I deemed appropriate.

    1. Soldiers (ground combat soldiers, that is) do not fight first and foremost for their country, the flag, motherhood, nor apple pie. Before all else, soldiers engaged in ground combat fight for their fellow soldiers and their unit.

    Note: Were this one not true I fear to imagine how many of us combat veterans would have already lost all control and commence to apply our skills against those who pose the greatest threat to the American people!

    2. The Seven C’s of Leadership according to a 1980 survey of 1646 of Vietnam era ground combat veterans listed of the order of their importance are; Candor, Competence, Consistency, Commitment, Courage, Compassion, and Courtesy. The reason the soldiers in the survey chose the word “candor” is because to them candor encompasses both omission and co-mission. To a combat soldier lack of absolute candor, be it co-mission or omission, are equal sins! In short, soldiers expect/demand absolute candor from their leaders before all else.

    Note: Members of Congress take note. In my opinion you on the left have proven you are masters of Co-mission, while you on the right have proven you are the masters of omission! In short, all of you have proven you are cowards and trying to instill the Seven C’s of Leadership in any of you is a waste of time!

    3. Omitted.

    4. The American people are the most effectively lied to people in modern times thanks primarily to the American political class, the American bureaucracy, the American media, and American academia.

    5. Arrogance coupled with ignorance equals stupidity.

    6. The greatest threats to the American people are the corrupt and/or incompetent politicians/bureaucrats/academicians found at every level of government/academia, and the majority of the American so-called media.

    7. Most of the politicians/bureaucrats/academicians I have encountered during my years as a soldier/cop I most kindly refer to as; self-serving, witless, cowards.

    8-13. Omitted.

    14. After carefully watching the whole of the political class since Donald J. Trump walked down that escalator in Trump Tower to date, I can say without reservation that most of the group will sell their souls and our bodies just to remain in power. (Added 2019)

    Note: Sorry, not enough room herein to start to list the individual personalities whose activities will provide absolute proof of this statement. But, one might want to start with B & M Obama, B & H Clinton, J & H Biden, etc…

    15. Want to see what the United States of America will look like if the left takes control of the government? Take your pick, New York City, Baltimore, Chicago, San Francisco, Los Angeles, or the complete package; California. (Added 2019)

    Soldier/Cop/Grunt, Retired

    PS

    Please, one final note: Contrary to the implications of several of my lessons learned, I have long ago abandoned any desire to negate (Negate, the procedure that the British SAS [Special Air Service] utilizes to transfer subjects from the persons of interest list to the persons no longer of interest list.) those of the any of four communities who would threaten and/or interfere with soldiers/cops actions to protect/serve the American people. No, these days I would support rounding up the most obnoxious of the communities, issuing each of them a tent and a bus ticket to California, and instructing them that if they leave California it best be on a sailboat (must consider the environment you know) heading to China!

    Liked by 3 people

  27. Landslide says:

    I’m pretty easy to please on this one….I liked when he leaned forward and said, “…..just DO WHAT TRUMP WANTS!” Works for me.👍🏻🇺🇸👍🏻🇺🇸👍🏻🇺🇸

    Like

  28. nerveman says:

    What I am gaining a greater appreciation for is Trump ability and will to toss the chessboard and reset it to create a new game. Just watch Turkey in the next month. To rely on the strengths of America to supersede the fears and interests of the naysayers and establishment. Historically, Trump has said clearly and loudly that it’s about political will and our politicians just don’t have it. He has said this going back to the 80s. He has never changed. He has always been right. Clearly everyone here knows this and I don’t want to preach to the choir but it’s incredibly fascinating to witness. And all of it in the midst of a total political nuclear war against him. I only wish I could have been a fly on the wall listening to whoever he met with before he came down the elevator. Nobody does this without help. Who I think helped encouraged him will go unsaid.

    Liked by 3 people

  29. Blue Wildflower says:

    Thank you, Sundance! The light at the end of the tunnel is beginning to shine a little light on some that should understand economics but have been blinded by globalist. The Trump supporters that study the economy have watched as President Trump has changed it to a great American economy.

    Liked by 2 people

  30. Reserved55 says:

    STRONGggggg language.
    It’s NBA related at the same time relevant.

    Like

  31. Zippy says:

    Here’s what’s going on. China is has a SERIOUS dollar shortage problem due to a large number of factors. Why dollars? Because virtually no one will accept their crap currency. What Trump has been doing was making that situation worse (in actuality, as Kyle Bass has pointed out, we could OBLITERATE their economy overnight through a simple financial/banking system access privilege veto on our part and they certainly know that – the ignorant claim that they could harm us by selling US treasuries is just that, ignorant, since they would harm themselves by doing so).

    The Chicoms know their only hold on power in a country of 1.4 BILLION is to provide continuous economic growth. When that is threatened, they are threatened. Trump’s deal takes the pressure off somewhat. PLUS, if we pushed them over the economic edge which is what WILL be necessary to have the Chinese people rise up against the Chicoms, that would greatly harm the world economy, INCLUDING the U.S., right before the 2020 election.

    When Trump is hopefully reelected he would be able to renew and PERSIST in the effort to drive them over the economic cliff although if you thought the globalist deep state is attacking him now, watch what they do if he’d try that.

    Liked by 1 person

    • Mark L. says:

      Your comments remind me when pundits stated that the Chicoms were trying to replace the petrodallor with the Yuan. I don’t think that strategy is working.

      Like

  32. I don’t watch CNBC because I don’t believe Cramer is honest. However, a lot of people do watch Cramer (my better 1/2 half included). If he finally gets it that President Trump’s strategy is working then there will be others. Cramer is speaking to the results and not the rhetoric. Baby steps but they’re in the right direction.

    Like

  33. donny2837 says:

    Random thoughts from a KAG optimistic warrior re: China. Can anyone doubt that all those trillions and trillions of dollars which have gone to the Communist Party of China wasn’t planned and then initiated by the WTO decades ago? That the global banking families weren’t involved? That the timing of China beoming a member of the WTO in 2001 had nothing to do with those banking families getting into Russia after the fall of the Soviet Union and a decade long looting of Russia under Yeltsin?

    Does it not stand to reason then, that most of those $trillions that went to the CPC went into the pockets of those banking families and that the CPC is a marketing agent of those families? Saying all this, wouldn’t it be great for President Trump and President Xi make a win-win deal and free the peoples of both countries to finally play on an economic level playing field. Yes, that means throwing away the centuries long banker owners.

    Like

  34. Paul says:

    This is great. Just more winning. Cramer has the ear of a large audience and they all have to look at the truth whether they like it or not. Great job shoving it in their faces.

    Like

  35. This is good stuff. A lot of people vote with their wallets and even if they do not like Trump personally there is no doubt he has the best economy. A lot of voters will want to have him keep managing it. He is beating down China in real time.

    Like

  36. jeans2nd says:

    My knowledge of financial analysts is zero, by choice. Only Lou Dobbs has been trusted, since Dobbs’ CN&N days, so Cramer’s history is unknown to me.
    But from what others have said upthread, Cramer appears to have been a financial Never-Trumper.

    Which reinforces my initial thought – it is well-known that Kuddly Kudlow and Jim Cramer have been friends for a very long time. Kuddles Kudlow gave Cramer the laymen’s tutorial, in financial language Cramer was accustomed and readily understood.

    Would it not be just like Kuddles Koala to give his very good friend “Jimmy” (Cramer) an off-the-record lesson? Perhaps even with Pres Trump’s blessing?
    And Cramer saw the light.

    Whatever the reason, this is another Trump win for we Deplorables, the heretofore Forgotten Man who is no longer forgotten with this President.
    Lord willing, Cramer will repeat this several times next week.

    Not tired of winning!

    Like

    • Anne says:

      First, Lou Dobbs is not a financial analyst. And second Cramer has been 100% supportive of the Trump tax and tariff policies from the beginning. He has been a constant cheerleader for Trump’s focus on ending Chinese unfair practices and rebuilding American industry.

      It is amazing to see the stunning ignorance of these facts on this comment board.

      Liked by 1 person

  37. I had never seen this Cramer before this video and wasn’t sure if he was going to dip a chamois in a bowl or pull a pocket fisherman out and say But Wait. Although he is somewhat verbally challenged, he did a reasonable CYA and is now positioned to be a visionary among his Krugman class financial retards. Does anyone really think this was about giving credit to Trump?
    He can be the new Chauncey Gardener for those that recall Sellers in Being There.

    Like

  38. usayes says:

    Big Picture: China is done.

    Like

  39. Doug Amos says:

    Think President Trump in reverse. Everything China does is for the benefit of China only; there is no compromise, no middle ground. It has worked and been implemented easily almost nonstop since the end of World War ll. In President Trump’s mind, this is World War lll. His military school background and approach to problem solving are enhanced by that mindset. Everything he does is for the benefit of the United States of America; only.

    Like

  40. chipin8511 says:

    Mockingbird MSM whores…… as Shawn at SGT report calls them.

    Like

  41. Anne says:

    Sundance – you owe Jim Cramer an apology. He has supported Trump’s tariffs from the beginning day in and day out. Are you going to continue this lie or correct the record?

    Liked by 1 person

  42. thehawkeyehoneypot says:

    The chicomms are learning a valuable life lesson negotiating with president trump. Two things have to happen for most people to learn. It has to cost you time or money. So far Its cost the Chinese both along with lost respect worldwide. President trump wont fold as easy as the nba or the shoe companies. Mr mad money isent stupid. Thanks for laying it out there for us sundance. Im trying to read more & comment less.

    Like

  43. 80s Kid says:

    I watched Cramer (and Kudlow & Cramer) years ago so it’s been a little while. That being said, as a conservative, I generally considered him fairly reasonable compared to most on the left (I realize that’s not exactly a high bar). That being said, he used to do campaign work for Dem candidates (Gore maybe?) if I’m not mistaken.

    Sundance is on point (as usual) in that we’ll take what we can get (“Hey, it’s progress…”).

    I’ll just respectfully disagree with comments about Cramer being an idiot (“He’s an entertainer, not a knowledgeable commentator…, Clown, etc.”). If you take all of his recommendations literally and/or don’t put in the amount of work on your own behalf, you’re probably going to get burned.” Just my $0.02.

    Anyway, I’ve tried to bring up Trump’s China strategy a few times with non-MAGA folk and with mixed results. Any suggestions on how to sum up Trump’s China strategy in a very brief, “elevator speech” format would be welcome.

    MAGA!

    Liked by 1 person

  44. icanhasbailout says:

    “If it does not benefit America, it is not done” is precisely what I think our foreign policy should be. Our government isn’t a charity organization.

    Like

  45. Learning everyday says:

    “If you take and take and take,once you simply stop taking”.
    This is Cramer understanding president trump resetting the “standard” in order for China to feel its a “gain” to make a deal.Without the “taking” there is no reset of “standard” and no deal.Watch and learn as our president shows everyone how to win.Amazing stuff.Thanks Sundance for your insights.

    Like

  46. Fake Nametag says:

    My takeaway is this:

    Cramer has seen that the new economic paradigm that President Trump has been trying to create is now inevitable. Being that Cramer represents the typical Big Wall Street view, that means Big Wall Street is now aware that there is no stopping this tectonic shift in direction. Wall Street exists to make money and bets on the winner. They will have to get behind President Trump and make investments that support his worldview.

    This has already been telegraphed in the last couple weeks when there was an article saying Wall Street would not support Elizabeth Warren. Guess who the nominee is going to be now that Joe Biden is getting blown up by his corruption? Wall Street has two choices: support President Trump or sit the election out. These are not stupid people and they realize that President Trump is going to be favorable to those who help him and merciless to those who don’t.

    Wall Street now sees that the money is going to be made by being behind President Trump. Too bad so sad, China, we loved you but we’re over you…

    Like

  47. Ackman419 says:

    When Gartman says to sell SPOO, I buy.
    And vice versa.
    Way to spread some butter on the MAGA toast, Cramer.

    Like

  48. MLK says:

    My view has been this is a factional war on a global scale. Status quo interests — the beneficiaries of the post-Cold War period, found common cause in The Resistance: the removal of Trump and back to business as usual.

    China, the hands-down winner of the last quarter century, had the most to gain from his removal. Thus it made common cause — coordinated; colluded — with UniParty Trade Patsies and Fifth Columnists in the US.

    Their basic plan being to punish American farmers and Trump-voting regions/states to weaken the President’s base, laying the needed predicate for his removal from office via the Nixon template of Resignation or sure Impeachment/Conviction.

    That short lead-in underlines what I think was a cardinal mistake by China/Xi at the beginning of the confrontation. Specifically, China’s tit-for-tat response to Trump’s first round of tariffs. That rightly made no sense from Trump’s point of view given the stark imbalance in the trade relationship.

    If instead China had done what it’s doing now at this late date, increasing AG purchases while negotiating, it would have built goodwill with the American people, increasingly constraining Trump from further escalatory tariffs.

    It also proved self-defeating for Democrats as they were left to argue China’s brief. Indeed, at this point you probably have to be waving a firearm around to get Democrats or their allied Media to even talk about trade generally, left alone with China.

    Like

  49. Meanwhile, the Chinese walked back the “phase one” deal by saying more talks were needed.

    Does anyone in the media bother to work with facts anymore? Or is it all just Narrative A, Narrative B, or Narrative C?

    Like

  50. dufrst says:

    Trump loss nothing in “Phase 1” and that’s the brilliance of his negotiating strategy and the victory he will ultimately achieve over China. The longer these trade negotiation go, the worse it is for China because it allows for our companies to relocate and it desensitizes our economy to the negative effects of the tariffs the longer that they are in place (capitalists adjust). Trump still has looming tariffs on China if nothing is papered before APEC in Chile mid November. And nothing will be papered if China doesn’t agree to real enforcement mechanisms with respect their theft of US intellectual. The Chinese can not agree to a real enforcement mechanism, because it will expose them for the frauds they are and the fines they would pay would be enormous!

    So, the likely scenario is that Trump will secure massive purchases of agricultural (already got this) and something else, perhaps industrial goods in the interim to prevent the new tariffs from hitting China. This is the brilliance of this because the major purchases will stimulate our economy ahead of the election and the “Phases” approach will settle the stock market down through the election period allowing it to rise when the Fed continues to cut rates and all that achieve without giving up a thing (just preventing something we control from happening to China). If/when USMCA is passed, it will give Trump even more leverage because the supply chains now will have North America as a stronger alternative to staying in China.

    In the end, the US is on the path to decouple from China because China cannot agreed to the enforcement mechanisms and frankly, Trump will never allow China to emerge out of this negotiation the same again. He will get his major, debilitating pound of flesh out of China when this is all said and done. Mount Rushmore is waiting Mr. President! MAGA!!

    Like

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