Ex-Budget Director Stockman Calls Trump a 'Neanderthal on Trade' and an 'Ignoramus'

The video discusses the perceived ineffectiveness of recent trade negotiations involving NAFTA, highlighting the complexities added to the trade agreement and the impact on Mexican workers. It criticizes Trump's understanding of trade and fiscal policies, labeling him as uninformed and highlighting the potential economic risks. The video also questions the valuation of Amazon on Wall Street, suggesting that the market is in a speculative phase, with Amazon's value increasing disproportionately to its cash flow.

What factors does the author suggest could lead to a downturn in the economy?

What does the author mean by 'Fantasyland' in the context of the economy?