123whisperMelbourne, Victoria Australia2,116 posts
saidmahmoud: Obama Bin Ladin! HOW MUCH I LOVE YOU WSPR
Hello Said;how are you ? Long time no see.... I don't understand why you like me ? You know that we are not sharing alike political views...but anyway thank you for kind greeting. More treason committed by Barrack Hussein Bin Ladin. Obama truly deserves to be named Obama Hussein Bin Ladin because he is flooding the country with illegals before he leaves office (if he leaves office ...) I wonder if Democrats use illegal children for sacrifices at Satanic rituals ?
Hundreds of illegal people are presumably from Central Africa,Haitians, Ghanaians, Pakistanis, Mexicans, Somalians and others all seeking to gain entry into the US and waiting in Mexico to be processed by US immigration officials under the conditions of political asylum in a secret deal with US and Latin American governments. This is what Hilary wanted to do just like Merkel in Germany. There's reasonable high speciousness that Obama Bin Ladin is doing this in order to recruit illegals for a coming civil war in America.?
lifeisadreamMexi Go, Mexico State Mexico16,713 posts
bohemianjack: Just because you post walls of text doesn't mean you're contributing to any debate, most folks see you as a madman with a continuously rambling diatribe..
Perhaps, we got a "special advisor" for Trump's economic policies
lifeisadreamMexi Go, Mexico State Mexico16,713 posts
Rumples: Most people who see the world through rose-tinted glasses don't like Trump and most people who see Trump through rose-tinted glasses view the world as worse than it is and love of Trump is a kind of escapism for the drab or spoilt.
Whatever at least 80% of people believe in is whichever best justifies how they already feel. In a sense it's abnormal to not have an agenda.
It could be unfair not to like Trump as a President yet people should wait a "little bit" until they do have reasons.
lifeisadreamMexi Go, Mexico State Mexico16,713 posts
xtraspecman: Guess the right wing missed the part of "Higher Wages building a stronger economy". Guess they thought trickle down applied to everything. lol
In seriousness, the economic issue goes well beyond parties or how people perceive "left" or "right" and not a Nobel Prize is needed to figure it out:
20 trillion debt
Cut gov spending (but what ???) and more taxes.
Can that be managed?
Austerity would not work in a mercantilist system, look at UK.
Interesting times ahead to have a free macroeconomics lesson.
lifeisadream: How will Trump deal with a 20 trillion deficit?
make it bigger? you know that old joke, if you owe the bank ten thousand dollars you have a problem. if you owe the bank ten million dollars, the bank has a problem.....
lifeisadreamMexi Go, Mexico State Mexico16,713 posts
itsimpossible: make it bigger? you know that old joke, if you owe the bank ten thousand dollars you have a problem. if you owe the bank ten million dollars, the bank has a problem.....
i dont understand finance.....
That is good joke. Although, Houston we got a problem because the Bank is "ours" 67.5 %
Of the $12.9 trillion chunk of debt owned by Americans, $5.3 trillion is held by government trust funds such as Social Security, $5.1 trillion is held by individuals, pension funds and state and local governments and the remaining $2.5 trillion is held by the Federal Reserve.
Outside the U.S., China is the largest foreign holder of the debt, with $1.25 trillion. It is followed closely by Japan, which holds $1.13 trillion.
lifeisadream: That is good joke. Although, Houston we got a problem because the Bank is "ours" 67.5 %
Of the $12.9 trillion chunk of debt owned by Americans, $5.3 trillion is held by government trust funds such as Social Security, $5.1 trillion is held by individuals, pension funds and state and local governments and the remaining $2.5 trillion is held by the Federal Reserve.
Outside the U.S., China is the largest foreign holder of the debt, with $1.25 trillion. It is followed closely by Japan, which holds $1.13 trillion.
American President elect tell China he doesn't like them playing in the Chinese sea, and if they don't do as he says he will use military force to stop them. So in order to finance this military force, that will stop China playing in their own seas, he needs to borrow more money from China.
lifeisadreamMexi Go, Mexico State Mexico16,713 posts
rizlared: The whole thing is a joke,
American President elect tell China he doesn't like them playing in the Chinese sea, and if they don't do as he says he will use military force to stop them. So in order to finance this military force, that will stop China playing in their own seas, he needs to borrow more money from China.
Guess the irony is lost on most people lol
It is not only sad but uncertain regarding the global domino effects of bad policies (domestic and foreign) and it can be seen how some people react to "let us have a war with China" f they want to keep giving the life of their children and spend the money they do not have, that is their choice.
lifeisadreamMexi Go, Mexico State Mexico16,713 posts
rizlared: The whole thing is a joke,..l
May 6th 2016
"Repurchasing debt is a fairly common tactic in the corporate world, but it only works if the debt is trading at a discount. If creditors think they are going to get 80 cents for every dollar they are owed, they may be overjoyed to get 90 cents. Mr. Trump’s companies had sometimes been able to retire debt at a discount because creditors feared they might default."
"Repurchasing debt is a fairly common tactic in the corporate world, but it only works if the debt is trading at a discount. If creditors think they are going to get 80 cents for every dollar they are owed, they may be overjoyed to get 90 cents. Mr. Trump’s companies had sometimes been able to retire debt at a discount because creditors feared they might default."
America guards its credit rating with a passion which is why the almighty dollar reins supreme in the financial capitals of the world. America has NEVER defaulted on its debt and never will, which is why Trumps plan will fail. He is thinking very small if he thinks he can cow tow China into taking 90 cents for a dollar of American debt. That may work when dealing with a delinquent car loan or a Pay Day loan but it's not going to work on China and the $1,300,000,000,000 in ($1.3 Trillion) US Treasury notes they are holding.
China has been buying US Treasury bonds for decades, in a way, you could say that China owns us.
Report threads that break rules, are offensive, or contain fighting. Staff may not be aware of the forum abuse, and cannot do anything about it unless you tell us about it. click to report forum abuse »
If one of the comments is offensive, please report the comment instead (there is a link in each comment to report it).
Nothing will change that, they're insufferable bores imo