Asked About Brexit’s Economic Fallout, Trump Talks About His Own Properties

Donald Trump visit to Scotland. (Right to left) Ivanka, Donald Jr.and Erik Trump listen as their father, US presidential hopeful Donald Trump, speaks at Turnberry hotel in South Ayrshire, where the Trump Turnberry go... Donald Trump visit to Scotland. (Right to left) Ivanka, Donald Jr.and Erik Trump listen as their father, US presidential hopeful Donald Trump, speaks at Turnberry hotel in South Ayrshire, where the Trump Turnberry golf course has been revamped. Picture date: Friday June 24, 2016. Trump will cut the ribbon at the resort he purchased two years ago which has undergone a £200 million refurbishment. See PA story POLITICS Trump. Photo credit should read: Andrew Milligan/PA Wire URN:26701635 MORE LESS
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Arriving in Scotland on the day of the UK’s momentous vote to leave the European Union, Donald Trump had a lot to say about his new golf course.

Breezily mentioning that it was a “historic” day for Britain, Trump devoted the rest of a 15-minutes Friday press conference at his Turnberry course to discussing the “incredible suites” at the resort and the pars on the different holes. It wasn’t until he opened the floor to questions that reporters prompted him to touch on the consequences of the Brexit vote.

“Look, if the pound goes down they’re going to do more business,” Trump said when asked about the economic ramifications. “When the pound goes down, more people are coming to Turnberry, frankly. The pound has gone down, and let’s see what the impact of that has, but places like Scotland and England and different places, in Great Britain, I think you’ll see a lot of activity.”

Trump maintained this focus on his own economic interests throughout the press conference, insisting that he was in Scotland only to support his son Eric’s work on restoring the Turnberry course.

Asked about the “seismic impact” on the global economy and if he would “steal back” his investments from Scotland, Trump noted that he had “big investments in Europe.”

“As you know I own Doonbeg in Ireland, a phenomenal hotel. One of the most beautiful hotels. One of the most highly rated hotels in all of Europe and it’s got a golf course on this large almost 500-acre parcel of land, on the Atlantic Ocean, and does great. I own Turnberry. I own Aberdeen,” he said, before saying he was looking forward to returning to the campaign trail.

Trump brought up his “great golf course” in Aberdeen again when asked if Scotland, which voted overwhelmingly to remain in the EU, should become independent from the UK. He said that decision should be left up to the people of Scotland.

As recently as Wednesday, Trump said he didn’t think his opinion on the referendum mattered since he didn’t know much about the issues involved.

“I don’t think anybody should listen to me because I haven’t really focused on it very much,” Trump told Fox News.

On Friday, the presumptive GOP nominee drew parallels between the Brexit vote and the nationalist campaign he is running in the U.S., claiming that both prove that “people want to take their country back.” Yet he seemed unconcerned by the far-ranging consequences.

Trump told MSNBC’s Katy Tur that he did not bring any of his foreign policy advisors along for the trip, saying he’d “been in touch with them, but there’s nothing to talk about.”

“This would be a good thing. I think it will turn out to be a good thing. Maybe not short term but ultimately a good thing,” he said.

Trump also dismissed questions about Treasury Secretary Jacob Lew and Federal Reserve Chairwoman Janet Yellen’s concerns that the Brexit would negatively impact the U.S. economy.

“They don’t know,” he said. “Look, we have to see how it plays out. What I like is that I love to see people take their country back. And that’s really what’s happening in the United States.”

Trump said several times during the conference that he knew the vote would turn out this way.

“You know, I felt, again, knowing that people here very well, but not wanting to get involved, but I felt that was going to happen,” he claimed.

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  1. And then there’s this: Tell us more about yourself …Very Presidential

    The decision by the United Kingdom to leave the European Union is having a ripple effect around the world Friday, with British Prime Minister David Cameron announcing his resignation and global markets tumbling.
    Here’s the latest:
    Cameron, who opposed the Brexit, says he will step down – but didn’t give an exact timetable for his departure. And who might replace him? Maybe Boris Johnson, the former mayor of London who was a leading proponent of the move to leave the EU. Johnson is one of the country’s most popular and eccentric politicians. But he’s gone from a figure of fun to a serious contender to replace Cameron.
    MARKETS PLUNGE
    The news is crushing global financial markets. The pound plunged to its lowest level in more than 30 years before recovering a bit.
    Stocks in London and Europe took one of their biggest falls in years. London’s FTSE 100 index plunged as much as 8% at one point. The FTSE 250 index dropped 7.5%. Many analysts see the FTSE 250 as a more accurate reflection of the British economy.
    • Germany’s DAX is down 7%
    • The French CAC is plunging 8%
    • Stocks in Ireland are down nearly 10%
    Dow futures, which indicate how shares in the U.S. will open at 9:30 a.m. ET, dropped 500 points.
    Asian investors panicked as well. Japan’s benchmark Nikkei closed down 7.9%, with shares in Hong Kong and Australia slumping about 3%.
    BANKS REEL
    The global banking industry also is reeling. But the Bank of England expressed confidence in the resilience of the UK’s financial sector, and said it was ready to provide support if needed.
    WHAT DOES BREXIT MEAN FOR THE BRITISH?
    It could affect everything from home prices, to tourism, universities and EU citizens living in Britain.
    WHAT DOES BREXIT MEAN FOR THE UK?
    Scotland’s First Minister Nicola Sturgeon said that the option for a second independence referendum is being considered. “Scotland voted to stay in the EU. It is democratically unacceptable to be taken out of EU against our will.”
    AND WHAT ABOUT THE REST OF THE EUROPEAN UNION?
    There are 27 countries still in the EU. The decision by the UK to go it alone leaves the jilted European Union with some tough soul-searching of its own as it contemplates a new future.

    All sunshine and flowers for you I’m sure

  2. It’s so sad to see this piece of shit standing on Scottish soil, and in particular, in front of the fabled lighthouse at Turnberry (now, “Trump Turnberry”). BTW, the contempt the Turnberry employees have for Trump is a beautiful thing to experience first-hand.

  3. Avatar for fgs fgs says:

    I don’t think I’ve seen such flagrant disaster porn from a political campaign, openly cheering and patting himself on the back for things to go wrong.

  4. His baseball hat prop has really, really become pathetic especially when set against the formal attire of the bagpipe player. Of course, whenever outdoors it’s the only thing that will keep his fake hair from blowing around.

  5. Brexit done…the onus is now on the exiters to prove this won’t hurt…Trump will be on the defensive…as well as on Boris Badenov Johnson…

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