The president of the United States gave an interview to CNBC and he sounded like a man who doesnβt know what the hell is going on. But what was even more concerning is instead of his usual word-salad, this was more like a word Chipotle bowl that was dropped on the floor and then kicked around.
On Monday, Trump was asked about big tech companies needing to be broken up to prevent monopolies, and his answer...well if you understand it, please tell me in the comments.
Suggested Reading
According to RawStory, Trump not only went off topic, he started talking about the European Union and the way they treat American companies, which totally explains why big companies needed to scale down to create a competitive market.
βIβll tell you this: The European Union, which is a fantastic group of negotiators, they actually, a very, very prominent person who you know well, whoβs on your show a lot, said the person at the European Union that is in charge of taxation hates the United States more than any person anywhere in the world,β Trump began, RawStory reports. βBut I really believe thatβs true! Every week you see them going after Facebook and Apple and all of these companies that are great companies. Thereβs something going on.β
Then, because the president wasnβt done talking about the EU, he continued on his nonsensical rant claiming that they were suing American tech companies because they βhateβ America.
βWhen they give European Union $7 billion and $5 billion and $2 billion, you know, Apple gets sued for $10 billion, and you know, right now itβs going on and theyβll end up settling, they get all this money,β he said, RawStory reports. βWell, we should be doing that! Theyβre our companies, so theyβre actually attacking our companies. But we should be doing what theyβre doing! They think thereβs a monopoly, but Iβm not sure that they think that, they just figure this is easy money, weβll sue Apple for $7 billion and weβll make a settlement or win the case. So I think itβs a bad situation but obviously there is something going on in terms of monopoly.β
Seriously, if you have any idea what the president is talking about and how any of this relates to big tech companies branching off into smaller companies, help me understand in the comments section.
Straight From
Sign up for our free daily newsletter.