CNN Reporter on Sen. Warren Predicting Economic Crash: She Could Cause Economic Crisis with Her Proposals

KING Senator Elizabeth Warren ░░░░░░░░ with a new warning ░░░░░░░░ She says an economic ░░░░░░░░ is coming She also ░░░░░░░░ she has a plan ░░░░░░░░ could prevent it In ░░░░░░░░ new Medium post the ░░░░░░░░ presidential contender writes I ░░░░░░░░ about an economic crash ░░░░░░░░ before the 2008 crisis ░░░░░░░░ the people in power ░░░░░░░░ t listen She goes ░░░░░░░░ to add Now I ░░░░░░░░ seeing serious warning signs ░░░░░░░░ the economy again and ░░░░░░░░ m calling on regulators ░░░░░░░░ Congress to act The ░░░░░░░░ Democrat bases her prediction ░░░░░░░░ a number of reasons ░░░░░░░░ growing household debt and ░░░░░░░░ debt and what she ░░░░░░░░ a manufacturing recession Warren ░░░░░░░░ faults President Trump for ░░░░░░░░ in the form of ░░░░░░░░ trade war with China ░░░░░░░░ well as his comments ░░░░░░░░ Brexit CNN s Cristina ░░░░░░░░ joining us now from ░░░░░░░░ York Cristina Warren did ░░░░░░░░ out ahead of the ░░░░░░░░ crisis warning it was ░░░░░░░░ but there is some ░░░░░░░░ to her calculations now ░░░░░░░░ she might be too ░░░░░░░░ What are they ALESCI ░░░░░░░░ Two things Warren is ░░░░░░░░ One really playing off ░░░░░░░░ PTSD the country suffered ░░░░░░░░ financial crisis And number ░░░░░░░░ she s proposing some ░░░░░░░░ that actually might create ░░░░░░░░ crisis Now let me ░░░░░░░░ each of those Number ░░░░░░░░ she points to several ░░░░░░░░ points that say the ░░░░░░░░ bells should be ringing ░░░░░░░░ a financial crisis Well ░░░░░░░░ of the things she ░░░░░░░░ to is the level ░░░░░░░░ corporate debt Now while ░░░░░░░░ loans to corporations have ░░░░░░░░ post financial crisis the ░░░░░░░░ for those companies to ░░░░░░░░ up with payments has ░░░░░░░░ increased So we re ░░░░░░░░ seeing the kind of ░░░░░░░░ rates that would be ░░░░░░░░ at this point Now ░░░░░░░░ m not saying that ░░░░░░░░ not a metric we ░░░░░░░░ be paying attention to ░░░░░░░░ I m saying is ░░░░░░░░ Elizabeth Warren is shaping ░░░░░░░░ conversation in a way ░░░░░░░░ s politically convenient for ░░░░░░░░ Now as far as ░░░░░░░░ policy proposals she is ░░░░░░░░ lowering rents offering affordable ░░░░░░░░ care offering free tuition ░░░░░░░░ colleges All of that ░░░░░░░░ money and the American ░░░░░░░░ should be asking how ░░░░░░░░ you pay for it ░░░░░░░░ way would be to ░░░░░░░░ taxes Another way is ░░░░░░░░ increase government debt This ░░░░░░░░ the issue the American ░░░░░░░░ should be actually focused ░░░░░░░░ because many experts say ░░░░░░░░ we don t get ░░░░░░░░ of our debt over ░░░░░░░░ next ten years we ░░░░░░░░ be facing a fiscal ░░░░░░░░ And that would be ░░░░░░░░ harmful to our economy ░░░░░░░░ I ve been here ░░░░░░░░ enough to remember when ░░░░░░░░ sometimes in both parties ░░░░░░░░ about the debt That ░░░░░░░░ a long time ago.”