Considering the way he called out China in his campaign announcement speech, you knew Republican presidential candidate Donald Trump would have something to say about today’s global financial plunge, brought on largely by a market slump in China.
Basically, The Donald says he saw this coming way before it happened, according to the UK’s Independent newspaper:
“I’ve been talking about China for years. Because China’s going bad it’s going to bring us down, too, because we’re so heavily coupled with China,” Trump told Fox News, according to the paper. “I’m the one that says you better start uncoupling from China because China’s got problems.”
Trump also took to Twitter to share his opinion:
Depression- be careful of China! https://t.co/6BGk0ZjKwT
— Donald J. Trump (@realDonaldTrump) August 24, 2015
Markets are crashing – all caused by poor planning and allowing China and Asia to dictate the agenda. This could get very messy! Vote Trump.
— Donald J. Trump (@realDonaldTrump) August 24, 2015
As I have long stated, we are so tied in with China and Asia that their markets are now taking the U.S. market down. Get smart U.S.A.
— Donald J. Trump (@realDonaldTrump) August 24, 2015
The Independent notes that this response is very similar to the one seen from John McCain following the massive financial crisis at the tail end of his failed 2008 presidential run.