From News Corpse:
Whereupon, Payne interrupted Stockman and diverted him from a discussion about how badly Trump is managing the economy to some absurd speculations about an imaginary war between the U.S. and China. Clearly Payne wasn’t going to allow Stockman to educate the willfully ignorant Fox News audience about Trump’s foolish economic agenda. Payne thought it would be better to fear monger about a war that no sane analyst is predicting. And it went downhill from there:
Payne: It’s kinda harsh for you to call President Trump a madman.
Stockman: Oh, absolutely he is.
Payne: Because he’s fighting back against unfair trade, intellectual property theft, a country that’s building man-made militarized islands […] You don’t think that we should be pushing back against China?
Stockman: No. China is not a threat to us whatsoever. If they want to waste their money on sandcastles in the South China Sea, be our guest. […] China’s economy is a house of cards. They’ve got forty trillion of debt. It is the biggest speculative building spree in history. Without our export markets, without 4,000 Walmarts and everything else in America, their economy would collapse. They don’t dare threaten us.
So Payne successfully sidetracked the conversation from Stockman’s initial commentary that Trump is a “madman” who is “out to lunch” with regard to the economy. But only to get walloped by Stockman’s astute insight into the weakness of China’s position in relation to the U.S.