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James Altucher

πŸ‘€ Speaker
944 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

let's call the whole thing off. Like, let's just meet at the negotiating table and negotiate, which is what he's been doing with Canada, with Mexico, with China. Look, Apple today just announced they're going to spend $500 billion today in the U.S. to build factories here so they can make products here. So $500 billion is a lot of money.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

let's call the whole thing off. Like, let's just meet at the negotiating table and negotiate, which is what he's been doing with Canada, with Mexico, with China. Look, Apple today just announced they're going to spend $500 billion today in the U.S. to build factories here so they can make products here. So $500 billion is a lot of money.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And Intel and Taiwan Semiconductor, they just announced they're going to spend $200 billion building tech facilities here to avoid tariffs. So we're already in one day. We're already seeing the results. Like $700 billion just announced in 24 hours is a huge impact on the economy.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And Intel and Taiwan Semiconductor, they just announced they're going to spend $200 billion building tech facilities here to avoid tariffs. So we're already in one day. We're already seeing the results. Like $700 billion just announced in 24 hours is a huge impact on the economy.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And Intel and Taiwan Semiconductor, they just announced they're going to spend $200 billion building tech facilities here to avoid tariffs. So we're already in one day. We're already seeing the results. Like $700 billion just announced in 24 hours is a huge impact on the economy.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

We'll all cancel it out. Think about a negotiation with your job. Let's say someone's at a job and they want to negotiate a higher salary And let's say they're really truly willing to leave. They say to their boss, I'm leaving, see you later. And the boss says, wait, wait, wait, let me make a counter offer. And the right response is, well, I'm leaving, see you later. And you walk out the door.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

We'll all cancel it out. Think about a negotiation with your job. Let's say someone's at a job and they want to negotiate a higher salary And let's say they're really truly willing to leave. They say to their boss, I'm leaving, see you later. And the boss says, wait, wait, wait, let me make a counter offer. And the right response is, well, I'm leaving, see you later. And you walk out the door.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

We'll all cancel it out. Think about a negotiation with your job. Let's say someone's at a job and they want to negotiate a higher salary And let's say they're really truly willing to leave. They say to their boss, I'm leaving, see you later. And the boss says, wait, wait, wait, let me make a counter offer. And the right response is, well, I'm leaving, see you later. And you walk out the door.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

You gotta really show people that you're serious in a negotiation or else they take advantage. And I'm not talking about Trump, I'm just talking about every negotiation in the world. If you show you're scared and you're not afraid to do what you say you're gonna do, you're gonna lose the negotiation. So this is my theory of what Trump's doing. He said, let's just do this first.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

You gotta really show people that you're serious in a negotiation or else they take advantage. And I'm not talking about Trump, I'm just talking about every negotiation in the world. If you show you're scared and you're not afraid to do what you say you're gonna do, you're gonna lose the negotiation. So this is my theory of what Trump's doing. He said, let's just do this first.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

You gotta really show people that you're serious in a negotiation or else they take advantage. And I'm not talking about Trump, I'm just talking about every negotiation in the world. If you show you're scared and you're not afraid to do what you say you're gonna do, you're gonna lose the negotiation. So this is my theory of what Trump's doing. He said, let's just do this first.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And yeah, there's gonna be a lot of people afraid, including the leaders of foreign countries and the CEOs of major companies and the stock market, unfortunately. and then i'm just going to be silent for a while and and see what happens so we already see like hundreds of billions of dollars worth of announcements canada and mexico clearly are negotiating with us by the way in 2018

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And yeah, there's gonna be a lot of people afraid, including the leaders of foreign countries and the CEOs of major companies and the stock market, unfortunately. and then i'm just going to be silent for a while and and see what happens so we already see like hundreds of billions of dollars worth of announcements canada and mexico clearly are negotiating with us by the way in 2018

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

And yeah, there's gonna be a lot of people afraid, including the leaders of foreign countries and the CEOs of major companies and the stock market, unfortunately. and then i'm just going to be silent for a while and and see what happens so we already see like hundreds of billions of dollars worth of announcements canada and mexico clearly are negotiating with us by the way in 2018

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

With Mexico, we put all these tariffs on. Then by 2019, all the tariffs were dropped. Mexico dropped all their tariffs against us.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

With Mexico, we put all these tariffs on. Then by 2019, all the tariffs were dropped. Mexico dropped all their tariffs against us.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

With Mexico, we put all these tariffs on. Then by 2019, all the tariffs were dropped. Mexico dropped all their tariffs against us.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Mexico and Canada. China, in 2020, agreed to spend $200 billion on purchasing stuff in the U.S. They agreed to start prosecuting theft of intellectual property, which was a big problem between China and the U.S. So with every country, we have strategic... and financial issues. And Trump is just laying it all out and putting it on the negotiating table.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Mexico and Canada. China, in 2020, agreed to spend $200 billion on purchasing stuff in the U.S. They agreed to start prosecuting theft of intellectual property, which was a big problem between China and the U.S. So with every country, we have strategic... and financial issues. And Trump is just laying it all out and putting it on the negotiating table.

Money Rehab with Nicole Lapin
Will the New Tariffs Tank the Economy?

Mexico and Canada. China, in 2020, agreed to spend $200 billion on purchasing stuff in the U.S. They agreed to start prosecuting theft of intellectual property, which was a big problem between China and the U.S. So with every country, we have strategic... and financial issues. And Trump is just laying it all out and putting it on the negotiating table.