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Post by The Herald Erjen on Nov 5, 2018 7:04:35 GMT
M, I'm sorry. Got to do this.
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Post by Aj_June on Nov 5, 2018 7:45:35 GMT
M, I'm sorry. Got to do this. Not seen the vid. Is it implying that America (and later the world) is to be hit by a severe recession/economic crisis?
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Post by The Herald Erjen on Nov 5, 2018 7:51:59 GMT
M, I'm sorry. Got to do this. Not seen the vid. It is implying that America (and later the world) is to be hit by a severe recession/economic crisis? Could be. America has no money. All we have is trillions' worth of debt. It can't go on forever. And now you know why I don't get invited to parties anymore.
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Post by Aj_June on Nov 5, 2018 8:04:38 GMT
Not seen the vid. It is implying that America (and later the world) is to be hit by a severe recession/economic crisis? Could be. America has no money. All we have is trillions' worth of debt. It can't go on forever. And now you know why I don't get invited to parties anymore. It might be true that one day America's debt taking habits may cost them economic collapse ( in considerable future). But I don't see current stock market boom of America as anything to worry about. It is actually frothing dream of some democrats that their country go into a recession just so Trump gets blamed for that also. Hopefully, it doesn't happen. A good American economy usually indicates a good world economy.
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Post by Deleted on Nov 5, 2018 15:20:27 GMT
Not seen the vid. It is implying that America (and later the world) is to be hit by a severe recession/economic crisis? Could be. America has no money. All we have is trillions' worth of debt. It can't go on forever. Donald Trump: “We’ve got to get rid of the $19 trillion in debt.”
www.usdebtclock.org/
Bob Woodward: “How long would that take?”
Trump: “I think I could do it fairly quickly, because of the fact the numbers…”
Woodward: “What’s fairly quickly?”
Trump: “Well, I would say over a period of eight years. And I’ll tell you why.”
Woodward: “Would you ever be open to tax increases as part of that, to solve the problem?”
Trump: “I don’t think I’ll need to. The power is trade. Our deals are so bad.”
Woodward: “That would be $2 trillion a year.”
Trump: “No, but I’m renegotiating all of our deals, Bob. The big trade deals that we’re doing so badly on. With China, $505 billion this year in trade. We’re losing with everybody.”
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Post by goz on Nov 6, 2018 0:43:33 GMT
Could be. America has no money. All we have is trillions' worth of debt. It can't go on forever. Donald Trump: “We’ve got to get rid of the $19 trillion in debt.”
www.usdebtclock.org/
Bob Woodward: “How long would that take?”
Trump: “I think I could do it fairly quickly, because of the fact the numbers…”
Woodward: “What’s fairly quickly?”
Trump: “Well, I would say over a period of eight years. And I’ll tell you why.”
Woodward: “Would you ever be open to tax increases as part of that, to solve the problem?”
Trump: “I don’t think I’ll need to. The power is trade. Our deals are so bad.”
Woodward: “That would be $2 trillion a year.”
Trump: “No, but I’m renegotiating all of our deals, Bob. The big trade deals that we’re doing so badly on. With China, $505 billion this year in trade. We’re losing with everybody.”Whilst I know that Trump knows shite about anything, you would think that even he might understand the concept of 'international trade' and isolationism (America first) being kinda incompatible. If you start a trade war with your trading partners and renege on established deals, fuck with tariffs and create uncertainty.... it is NOT 'good'...it is 'bad'. Two of only 100 or so words he knows and uses in the English language.
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Post by lowtacks86 on Nov 6, 2018 0:57:24 GMT
That's why it's time to give up on this planet and start colonizing Mars. Elon Musk can be in charge of the project, though his money will be useless on Mars as we'll adopt a Martian currency to start over.
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Post by maya55555 on Nov 7, 2018 19:55:22 GMT
goz
Kindly, do tell us just what is your area of expertise?
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