Losing again (2): baby Donnie's train wreck of an economic policy

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jeanV
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Losing again (2): baby Donnie's train wreck of an economic policy

Post by jeanV » Tue Sep 18, 2018 5:18 pm

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The US economy will enter its 10th year of growth, a recovery from the 2007-9 recession.

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It means we're nearing the end of an expansion cycle, with an increasing risk of recession.

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So digging the deficit now as Trump does will reduce the ability to fight the next recession,

while trampling the GOP platform of fiscal responsibility Deficit hawks are dead

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Worse, the tax cuts sugar candy is increasing the already high Gini inequality index:

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While feeding a speculative bubble with P/Es in the danger zone:

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But there's funnier still, and even more incoherent: tax cuts are supposed to fuel the GDP,

but tariffs on Chinese goods will hurt the GDP growth (tariffs always backfire)

White House analysis says Trump's tariffs will hurt US economic growth

And the tariffs will especially hurt the spending power of the less affluent:

Trump could play Scrooge this holiday season


In summary, Trump's economic policy is

- certain to be counterproductive (tariffs)
- contrary to GOP policy (debt, tariffs)
- stokes political tension (Gini index)
- is ill timed (stimulus at cycle end)
- all that on credit (debt ratio)

The funniest part is that -fulfilling Fryer's wishes- this will crash and burn,

but that Trump will blame it all on the House which will turn Dem this year.

Because Trump is a mature, responsible statesman.

:lol:

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Benedict Arnold Trump is a conceited idiot: Lock him up!!

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PistolPierre
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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by PistolPierre » Tue Sep 18, 2018 10:02 pm

Jean Trump really is simply waging a race war. He must really hate Asians. Someone told him that the ancient ancestors of the Mexicans came to the West from Asia. He is going to make everybody worse off. I blame the Arabs, the Iranians, Ross Perot, Ralph Nader, Dubya, and Obama. The Arabs and Iranians sabotaged Carter. Perot sabotaged Bush the elder. Nader sabotaged Gore. Dubya destroyed civilization and elected Obama. Obama elected Trump. Truly awful political elites.

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Mikgof » Tue Sep 18, 2018 11:50 pm

jeanV wrote:
Tue Sep 18, 2018 5:18 pm



The US economy will enter its 10th year of growth, a recovery from the 2007-9 recession.



It means we're nearing the end of an expansion cycle, with an increasing risk of recession.


So digging the deficit now as Trump does will reduce the ability to fight the next recession,

while trampling the GOP platform of fiscal responsibility


Worse, the tax cuts sugar candy is increasing the already high Gini inequality index:


But there's funnier still, and even more incoherent: tax cuts are supposed to fuel the GDP,

but tariffs on Chinese goods will hurt the GDP growth (tariffs always backfire)


And the tariffs will especially hurt the spending power of the less affluent:




In summary, Trump's economic policy is

- certain to be counterproductive (tariffs)
- contrary to GOP policy (debt, tariffs)
- stokes political tension (Gini index)
- is ill timed (stimulus at cycle end)
- all that on credit (debt ratio)

The funniest part is that -fulfilling Fryer's wishes- this will crash and burn,

but that Trump will blame it all on the House which will turn Dem this year.

Because Trump is a mature, responsible statesman.

:lol:
Great isn't it. I'd love to think that Trump was the London candidate. That would be our greatest ever coup. Unfortunately, it's Putin that can take credit for bringing America to her knees.
Surrealism is the new normal

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Poo Jogger » Wed Sep 19, 2018 12:59 am

Jean only has to step outside his front door.


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jeanV
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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by jeanV » Wed Sep 19, 2018 3:32 am

Poo Jogger wrote:
Wed Sep 19, 2018 12:59 am
Jean only has to step outside his front door.
Whatever.

Who cares?

:P

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Heywood » Thu Dec 20, 2018 1:17 pm

Watch for fed changes as well as monetary changes WW

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by jeanV » Thu Dec 20, 2018 1:34 pm

Heywood wrote:
Thu Dec 20, 2018 1:17 pm
Watch for fed changes as well as monetary changes WW


I have. The USD is going down.


China, and to a much lesser degree Russia, have been hoarding gold.

Word is China will offer a gold-backed renminbi warranty on pan-Asian deals.

They're aiming to sharply reduce US influence in Asia (Trump's exit form the TPP greatly helped (*))

Then they'll move to oil deals, with Europe following suit to kill the automatic use of the USD for oil purchases.

(Trump has paved the way for such a move by killing EU deals with Iran by abusing the USD seignorage(**))

And Trump has further weakened the USD position by digging the debt to give tax rebates to the wealthy (***)


All in all, Trump has greatly helped (*, **, ***) China's objective to reduce the USD reserve currency status and value.


:P
Benedict Arnold Trump is a conceited idiot: Lock him up!!

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Heywood » Thu Dec 20, 2018 1:48 pm

jeanV wrote:
Thu Dec 20, 2018 1:34 pm
Heywood wrote:
Thu Dec 20, 2018 1:17 pm
Watch for fed changes as well as monetary changes WW


I have. The USD is going down.


China, and to a much lesser degree Russia, have been hoarding gold.

Word is China will offer a gold-backed renminbi warranty on pan-Asian deals.

They're aiming to sharply reduce US influence in Asia (Trump's exit form the TPP greatly helped (*))

Then they'll move to oil deals, with Europe following suit to kill the automatic use of the USD for oil purchases.

(Trump has paved the way for such a move by killing EU deals with Iran by abusing the USD seignorage(**))

And Trump has further weakened the USD position by digging the debt to give tax rebates to the wealthy (***)


All in all, Trump has greatly helped (*, **, ***) China's objective to reduce the USD reserve currency status and value.


:P
Pump and dump here today....

I am almost all cash, jumped out around 25.5K. We have not seen the end of the hair cutting, IMHO. few of your points have some merit. Petrocurrency-wise, (Petro-Pape ;-) )they have be trying to do this for a while in a lot of countries (away from the dollar). Always darkest before light and we are only at dusk ;-).

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by jeanV » Thu Dec 20, 2018 5:56 pm

Heywood wrote:
Thu Dec 20, 2018 1:48 pm
We have not seen the end of the hair cutting, IMHO.

S is really going to HTF when the western countries debt will become unmanageable.

The next downturn (2019, 2020?) will put a lot of pressure on them. They're out of QE powder.

:?:
Heywood wrote:
Thu Dec 20, 2018 1:48 pm
few of your points have some merit.

Speak for yourself, ignorant savage.

:twisted: ;)
Heywood wrote:
Thu Dec 20, 2018 1:48 pm
Petrocurrency-wise, they have be trying to do this for a while in a lot of countries (away from the dollar).

Yup. But eventually, things long anticipated come to pass. And Trump went too far over Iran.

It had already been done in the past, this time round big EU companies are seething.

And China is the new big boy on the block with deep pockets of gold and rare earths.

:geek:
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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by WilyB » Fri Dec 21, 2018 2:23 pm

We have not seen the end of the hair cutting,
Fuck, got to call Tonya, my Stylist.
Lots of guys watch Bruce Lee movies, doesn’t mean you can do karate.

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by WilyB » Fri Dec 21, 2018 2:27 pm

And China is the new big boy on the block... rare earths.
Note to JeanV: "Rare" earth ain't fucking rare.
Almost nobody produces them except the Chinese, and even they may not have enough of them for long. So, are rare earth minerals actually rare?

Not really. The term "rare earth" is an archaic one, dating back to the elements’ discovery by a Swedish army lieutenant in 1787. In fact, most (though not all) of the 15 (or 16, or 17, depending on which scientist you’re talking to) elements are fairly common; several of them are more abundant in the Earth’s crust than lead or nitrogen. The flints in cigarette lighters are made out of rare earths, and they’ve been used in incandescent gas lamps for more than a century. The stuff has been mined everywhere from Sweden to Southeast Asia to the American West.
Lots of guys watch Bruce Lee movies, doesn’t mean you can do karate.

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by ranavirus » Fri Dec 21, 2018 7:29 pm

JV in the first graph was quoting Fred, our punster in chief , our mime master , chaser of rabbits, the boss of the brassicas,our veteran of a thousand photoshops can it be trusted ?
Last edited by ranavirus on Tue Dec 25, 2018 7:06 pm, edited 1 time in total.
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set fire to 1/2er he'll never be cold again

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Heywood » Sun Dec 23, 2018 7:58 am

WilyB wrote:
Fri Dec 21, 2018 2:27 pm
And China is the new big boy on the block... rare earths.
Note to JeanV: "Rare" earth ain't fucking rare.
Almost nobody produces them except the Chinese, and even they may not have enough of them for long. So, are rare earth minerals actually rare?

Not really. The term "rare earth" is an archaic one, dating back to the elements’ discovery by a Swedish army lieutenant in 1787. In fact, most (though not all) of the 15 (or 16, or 17, depending on which scientist you’re talking to) elements are fairly common; several of them are more abundant in the Earth’s crust than lead or nitrogen. The flints in cigarette lighters are made out of rare earths, and they’ve been used in incandescent gas lamps for more than a century. The stuff has been mined everywhere from Sweden to Southeast Asia to the American West.
Spot on...

https://www.sciencedaily.com/releases/2 ... 184451.htm

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Slappy » Mon Dec 24, 2018 7:18 pm

Bah.

The chinks and the dream of a global monkey currency is still kinda sorta an infantile dream .chinks have major domestic issues and like I said when the head monkey In charge declared himself supreme leader for life ...

it's pretty much a move of desperation by the communist regime.all authoritarian regimes eventually do it on thiers way to implosion

I'm fine with not being the world's reserve anymore anyway.. especially if we can abolish the fed reserve...

.thiers still just no replacement on the horizon .... For the dollar that is

A major stock market upheaval long time overdue .

The should be abolished globalist fed reserve is going to halt hikes

gdp humming along at better than 3percent and I saw gas at 1.89 a gallon at the lil independent stations .....the big boys are right behind at 1.99

In 1910 dollars ..... according to my precise calculations is about a nickle a gallon

Thiers news from us geological survey that they underestimated how much recoverable gas and oil is in the permeain basin


And why is Singabore even up on this thread?
Singabore cheats 80 percent of the third world savages live in public housing .....and eat dog shit food in shitty government food courts

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Losing again 2 baby Donnies train wreck of an economic policy

Post by Lounny » Thu Feb 07, 2019 8:19 pm

I was wondering as to what is known about the Imperium of Mans economic and logistical strength?

I realize the IOM is big, but being big does not mean it can meat the demands [url=http://cialisonbrx.com/]placed[/url] on it.

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Re: Losing again 2 baby Donnies train wreck of an economic policy

Post by John Frum » Fri Feb 08, 2019 6:50 am

Lounny wrote:
Thu Feb 07, 2019 8:19 pm
I was wondering as to what is known about the Imperium of Mans economic and logistical strength?

I realize the IOM is big, but being big does not mean it can meat the demands [url=http://cialisonbrx.com/]placed[/url] on it.
quit digging up old threads

are you even white ?
killum good

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Heywood » Fri Feb 08, 2019 8:50 am

Reminds me of Baltic and all of the dead old threads he tried to revive on FF

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Slappy » Fri Feb 08, 2019 9:02 am

BAltic ?

maybe he got hit on the head during active duty

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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by jeanV » Fri Feb 08, 2019 6:08 pm

Slappy wrote:
Fri Feb 08, 2019 9:02 am
BAltic ?

maybe he got hit on the head during active duty


Baltic hit on the head?


Nobody got hurt then.



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