EXCERPT:
O’LEARY: “Why are we messing around? Just go to 400%. Get everybody on a plane. Let’s meet in Geneva, wherever. Look, what are you going to do, 25% every day until you’re at 400? Just go to 400! And then, it becomes impossible for them to access the American market, which is 39% of all consumption in the world and 26.1% of the world’s GDP. China cannot do without America — period. And the reason that [Chinese President Xi Jinping] would care about this and be laser focused on it, he only gets to be the supreme leader in perpetuity while people are employed, and eating, and feeding, and making sure their families are taken care of. If it’s mass closures of factories, he’s screwed! So he knows that, too.”
(Via Mediaite)