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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRachel Maddow: Trump crashed the world's markets based on the advice of a fictional economist.
Rachel Maddow revealed a sad reality. Donald Trump crashed the Stock Market on Wall Street and the world markets based on tariff advice from Peter Navarro via a fictional economist named Ron Vara.
Blog Post: https://open.substack.com/pub/egberto/p/rachel-maddow-trump-crashed-the-worlds?r=ba1w9&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
Podcast: https://creators.spotify.com/pod/show/politicsdoneright/episodes/Rachel-Maddow-Trump-crashed-the-worlds-markets-based-on-the-advice-on-a-fictional-economist-e314lgs/a-absc2l2

Dave Bowman
(4,891 posts)Major Nikon
(36,921 posts)Celerity
(49,045 posts)https://www.nytimes.com/2019/10/16/us/politics/peter-navarro-ron-vara.html
https://archive.ph/bQM84
Peter Navarro, a top White House trade adviser, has developed a reputation in Washington as a Rasputin-like China hawk who whispers anti-China musings in President Trumps ear. This week, Washington learned about the mysterious anti-China voice that has long whispered in Mr. Navarros ear: Ron Vara. Ron Vara has appeared as a cryptic voice of economic wisdom more than a dozen times in five of Mr. Navarros 13 books, dispensing musings like Youve got to be nuts to eat Chinese food and Only the Chinese can turn a leather sofa into an acid bath, a baby crib into a lethal weapon and a cellphone battery into heart-piercing shrapnel.
But Ron Vara, it turns out, does not exist. At least not in corporeal form. He is apparently a figment of Mr. Navarros imagination an anagram of Mr. Navarros surname that the trade adviser created as a Hitchcockian writing device and stuck with as something of an inside joke with himself. Mr. Navarros imaginary source surfaced this week when The Chronicle of Higher Education published some of the findings of Tessa Morris-Suzuki, an emeritus professor at Australian National University.
Ms. Morris-Suzuki, concerned about Mr. Navarros statements on China, started digging into his earlier work. She unearthed about a dozen instances when Mr. Navarro, previously a business school professor at the University of California, Irvine, had invoked Ron Vara. Curious why she could find no record of such a person, she soon discovered he was not real. I think its a very strange thing for an academic to do in books that he is presenting as factual, Ms. Morris-Suzuki said in an email. It might be different if a writer even a university-based one were writing something that was obviously lighthearted and comical and in a nonacademic context.
Mr. Navarro holds a doctorate in economics from Harvard University. His interests shifted from utility regulation to investment strategy before he latched on to China, becoming a notorious hawk whose anti-China screeds like his book and documentary film Death by China caught the eye of Mr. Trump. Ron Vara first appeared in Mr. Navarros 2001 book, If Its Raining in Brazil, Buy Starbucks. He was described as a gulf war reservist who, like Mr. Navarro, had studied economics at Harvard. Some of Mr. Navarros insights in that book are attributed to Ron Vara in later works, Ms. Morris-Suzuki said. For instance, Mr. Navarro advised in his 2001 book, Dont play checkers in a chess world. That same wisdom is attributed to Ron Vara in The Well-Timed Strategy (2006) and Always a Winner (2009).
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Haggard Celine
(17,121 posts)The one I know the most about is Chile. Pinochet had tens of thousands disappeared and murdered. In all of these countries, the leaders ran the economy into the ground and the people were left suffering. I think Pinochet took his riches and moved to France or somewhere else in Europe, living like a king.
DET
(1,926 posts)I knew Navarro was a self-aggrandizing clown, but I didnt realize just how much of a shitstain he truly is. Apparently, TSF tasked Jared to find him an economic advisor in his first term. Jared did an Amazon book search (!) and ran across a book with a catchy title. He liked it enough to contact the author, who turned out to be Peter Navarro. Rachel noted that Navarro repeatedly referenced a supposed economic expert - who, as it turns out doesnt exist. In fact, the experts name was an anagram of Navarro. So our economic policy has been designed by a fraud found by Jared Kuschner who manipulated an idiot into adopting his ridiculous ideas. Cant make this shit up.
calimary
(85,715 posts)and why does he hover around trump like bees around a flowery field? Is he just a go-fer in an expensive suit? A donald hanger-on? Or groupie with some kind of law degree?
Its just a good thing that the only time this pathetic wannabe gets TV attention is during donald times.
Karasu
(871 posts)Last edited Sat Apr 5, 2025, 03:53 AM - Edit history (1)
any chance? Because it sure as fuck looks like it.
multigraincracker
(35,312 posts)Now we know. This must really be made more public. It just sounded too good to the Archie Bunker mob who bought into it.
EndlessWire
(7,668 posts)I hope someone in the press gets around to asking rump about this. I'd ask him if he ever met Ron Vara. He'd have to make up an incredible lie about it, or admit that he never met him. Our whole world is being destroyed by one man incapable of governing. He apparently just takes others' advice without any real understanding of what he is doing, or he just doesn't care. Making it up as he goes.
He's going to have to walk back the tariffs, and it will be interesting to see what lie he tells. Will he follow Reagan's experience of the effectiveness of tariffs not lasting? Or will he figure he can grift off other countries' desperation to avoid economic ruin by putting money in his pocket? He's going to have to do something, or "Trump's Depression" will become a real thing.
It's very clear that this felon attracts only the worst people, and he's probably got no way out of this. He based this economic policy on someone's advice who doesn't exist? Right about now they are exploring the idea of bringing in a flesh and blood imposter to play the part of "learned economist." Cue the next horrible distracting event to try to make us look away from this. He thinks we're all stupid. Problem is, we're not.
This is truly disgusting.
róisín_dubh
(11,970 posts)This is some dystopian level nightmare shit
Major Nikon
(36,921 posts)All we really have here is one man running the entire world's economic bandwagon straight off a cliff on the expert advice from a fictional brain trust. Surely that happens all the time.
Emile
(33,808 posts)he was talking about another GREAT REPUBLICAN DEPRESSION.