Newt Gingrich: ‘We Don’t Have to Buy from China, but China Does Not Have Any Other Customer that Can Replace Us’

KUDLOW All right Newt ░░░░░░░░ m going to give ░░░░░░░░ some quotes in a ░░░░░░░░ from the key players ░░░░░░░░ just tell me what ░░░░░░░░ your initial reaction to ░░░░░░░░ of this with China ░░░░░░░░ the economy is crashing ░░░░░░░░ data I d love ░░░░░░░░ You know we can ░░░░░░░░ erase data that we ░░░░░░░░ t want to show ░░░░░░░░ world What do you ░░░░░░░░ of this Newt GINGRICH ░░░░░░░░ look they were already ░░░░░░░░ great pressure because their ░░░░░░░░ is starting to shrink ░░░░░░░░ their population policies They ░░░░░░░░ built a whole bunch ░░░░░░░░ cities that are not ░░░░░░░░ literally empty cities They ░░░░░░░░ followed a policy where ░░░░░░░░ governments made money only ░░░░░░░░ building things So they ░░░░░░░░ doing economic deals that ░░░░░░░░ totally unsustainable So the ░░░░░░░░ problem is enormous And ░░░░░░░░ think they re about ░░░░░░░░ confront the reality that ░░░░░░░░ know we can buy ░░░░░░░░ Vietnam from India from ░░░░░░░░ from Brazil It s ░░░░░░░░ big planet We don ░░░░░░░░ have to buy from ░░░░░░░░ But China does not ░░░░░░░░ any other customer that ░░░░░░░░ replace us And so ░░░░░░░░ think the economic pressure ░░░░░░░░ them will get bigger ░░░░░░░░ bigger pretty rapidly.”