You seem to mistake US debt for the personal debt of a candidate. I get it. Trump sees it that way too.
The US withdrawal from Afghanistan was negotiated by Trump.
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You seem to mistake US debt for the personal debt of a candidate. I get it. Trump sees it that way too.
The US withdrawal from Afghanistan was negotiated by Trump.
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Prices were way better around the world before Biden got in, but I don't blame Biden for that. Covid pretty much jacked every economy.
What I would blame him for is the past year or so where the U.S. national debt levels have climbed with the Treasury dumping T-bills out the window in a ticker tape parade. But people as usual focus on the wrong things because it sounds better, even if it isn't accurate.
As for wars, we're funding a hell of a lot of proxy wars. But IMO, I'd rather that than sending troops. America does have a price to pay to hold up its global currency hegemony anyway.
So if you count actual hot wars, the U.S. is in one less one with Biden (Afghanistan). Which, as f'ed up as the exit was, was six straight presidential administrations of a massive money and dead soldier pit.
He can be. But his hubris and dementia fail him. There's no rational business person who would have bid $44B on Twitter, shoot off his mouth about it in public, and then get called on it by the SEC where he had to swallow his pride and the offering price.
That was his Brexit-level financial own goal.
What I would blame him for is the past year or so where the U.S. national debt levels have climbed with the Treasury dumping T-bills out the window in a ticker tape parade. But people as usual focus on the wrong things because it sounds better, even if it isn't accurate.
As for wars, we're funding a hell of a lot of proxy wars. But IMO, I'd rather that than sending troops. America does have a price to pay to hold up its global currency hegemony anyway.
So if you count actual hot wars, the U.S. is in one less one with Biden (Afghanistan). Which, as f'ed up as the exit was, was six straight presidential administrations of a massive money and dead soldier pit.
He can be. But his hubris and dementia fail him. There's no rational business person who would have bid $44B on Twitter, shoot off his mouth about it in public, and then get called on it by the SEC where he had to swallow his pride and the offering price.
That was his Brexit-level financial own goal.
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your general point about trump and his financial issues stands, just wanted to point out that it was an inaccurate example. he's still an indebted guy
btw i'm more concerned about his personality, mental state and lack of any intelligence than his debt. latter is a consequence
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you might wanna consider this:
https://www.statista.com/statistics/256598/global-inflation-rate-compared-to-previous-year/
like any economy, the us economy doesn't work in a vacuum. sometimes shit happens globally. local responsibility lies in whether you are able to soften the blow or not. in hungary we couldn't. if you compare local inflation to the global and eu wide data, we did terribly. same with turkey or argentina. correct me if i'm wrong but as far as i remember the us inflation stayed below the global avg throughout the last decade
btw i'm more concerned about his personality, mental state and lack of any intelligence than his debt. latter is a consequence
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you might wanna consider this:
https://www.statista.com/statistics/256598/global-inflation-rate-compared-to-previous-year/
like any economy, the us economy doesn't work in a vacuum. sometimes shit happens globally. local responsibility lies in whether you are able to soften the blow or not. in hungary we couldn't. if you compare local inflation to the global and eu wide data, we did terribly. same with turkey or argentina. correct me if i'm wrong but as far as i remember the us inflation stayed below the global avg throughout the last decade
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Democrats took too long on noticing Biden’s deteriorating state and panicked with Kamala and rolled all the campaign funds behind her. She accelerated to quickly from California (which sucked in my state) in such a short period of time, has no experience in foreign policy or relations.
Were Trump has many international relations and on foreign policy. He’s just more equipped and knows what he wants to do, and I believe we will not be at in war with Russia or North Korea if Trump is back. If Kamala wins we are chumps and push overs.
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How can she be on a cover of time magazine btw without giving an interview on of any of her proposals or policies? It’s all hot air pumping into her campaign.
If there was truly a strong real democratic candidate I would really consider it but it looks so bad, I can’t see it.
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Yes thank you it’s indicative since Biden and Kamala took office with “bidenomics”
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Argentina are turning it around now thanks to their new brave president.
Were Trump has many international relations and on foreign policy. He’s just more equipped and knows what he wants to do, and I believe we will not be at in war with Russia or North Korea if Trump is back. If Kamala wins we are chumps and push overs.
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How can she be on a cover of time magazine btw without giving an interview on of any of her proposals or policies? It’s all hot air pumping into her campaign.
If there was truly a strong real democratic candidate I would really consider it but it looks so bad, I can’t see it.
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Yes thank you it’s indicative since Biden and Kamala took office with “bidenomics”
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Argentina are turning it around now thanks to their new brave president.
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Trump's only goal for his presidency is avoiding jail and getting rid of his debts.
His grand economic plan is weakening the dollar. Which is a great idea for someone with a lot of debt and a lot of collateral. It's just not great for you.
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I phrased it poorly. I didn't mean he was in debt to Musk. I meant that his debts put him in a precarious financial situation and he needs all the money he can get, so logically his policy choices will largely depend on whoever wants to fund him. And while you'd expect a presidental candidate to hide this information, Trump has come out and said as much regarding Musk's donation.
His grand economic plan is weakening the dollar. Which is a great idea for someone with a lot of debt and a lot of collateral. It's just not great for you.
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I phrased it poorly. I didn't mean he was in debt to Musk. I meant that his debts put him in a precarious financial situation and he needs all the money he can get, so logically his policy choices will largely depend on whoever wants to fund him. And while you'd expect a presidental candidate to hide this information, Trump has come out and said as much regarding Musk's donation.
The graphic showed global inflation rates. Biden does not rule the world.
Again, Trump wants a weaker dollar:
https://www.marketwatch.com/story/t...-dollar-be-careful-what-you-wish-for-5227209d
https://www.japantimes.co.jp/business/2024/07/26/economy/trump-weak-dollar/
https://www.nytimes.com/2024/07/16/us/politics/trump-vance-us-dollar.html
Trump is not a complicated man. He wants a weaker dollar, because this means his debts will become less significant, while his collateral will rise. In the process it will boost inflation, but Trump isn't hurt by this. After all, he has assets which will simply go up in price.
The question is: do you want a weaker dollar?
Again, Trump wants a weaker dollar:
https://www.marketwatch.com/story/t...-dollar-be-careful-what-you-wish-for-5227209d
https://www.japantimes.co.jp/business/2024/07/26/economy/trump-weak-dollar/
https://www.nytimes.com/2024/07/16/us/politics/trump-vance-us-dollar.html
Trump is not a complicated man. He wants a weaker dollar, because this means his debts will become less significant, while his collateral will rise. In the process it will boost inflation, but Trump isn't hurt by this. After all, he has assets which will simply go up in price.
The question is: do you want a weaker dollar?
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The image that was attached was for US INFLATION.
https://www.finder.com/economics/gas-prices
I highly doubt car insurance has gone up by more than 50% too. In fact, I think all of the numbers are highly questionable.
But even so, I repeat: Trump wants a weaker dollar. A weaker dollar means that your money is worth less. A weaker dollar boosts inflation. This is good for Trump, a man with debt and assets.
Do you want a weaker dollar?
@Seven bro it’s a fact Biden already weakened if not already destroyed the dollar. Voting for Trump is to build back the dollar Biden/Kamala destroyed, and make their own money going into global war.
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This is my state if Scamala wins
It’s already getting there. Santa Monica already going.
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This is my state if Scamala wins
It’s already getting there. Santa Monica already going.
Trump does not think Biden destroyed the dollar.
In fact Trump wants to weaken the dollar, because he believes it is too strong:
https://www.bloomberg.com/news/arti...or-a-weaker-dollar-work-wall-street-doubts-it
https://nymag.com/intelligencer/article/why-jd-vance-wants-a-weak-dollar-is-that-a-good-idea.html
https://www.politico.com/news/2024/04/15/devaluing-dollar-trump-trade-war-00152009
Trump has no intention to rebuild the dollar. His entire economic plan is on doing the opposite. He wants to weaken it.
I repeat: this will be good for Trump, who has a lot of debts and a lot of assets. But, since it means the dollar will be worth less, it will boost inflation. You don't have to be an economic genius to realise this, but here's an op ed:
https://www.washingtonpost.com/opinions/2024/04/16/trump-devalue-dollar-inflation-economy/
I ask you, once again: do you want a weaker dollar?
I saw it that there were two camps in the Democrat camp. One that was all-Biden-all-the-time, another that said, "This guy is too decrepit and old for another four years." Which would explain why some in the party pushed for an early debate with Trump in June. That was a deliberate setup to expose to the Democrat denialists what Democrat realists were saying all along.
As for Kamala's experience in foreign policy, ironically she has some from her famed time as "Border Czar" (though that was never the White House's words, only the media's and the GOP's). She worked mostly on business development and investment in the Golden Triangle. And while the net U.S. border effectiveness of that was next to zero, in part because the likes of Bukele cracked down hard on crime and because Venezuela grew in its national sh*tshow, apparently she did get a few international collaborations going there.
Given that Argentina's poverty rate rose from 45% to 60% while Milei has been in office, I'd say the jury is still out on that one. At that rate, but this time next year 90% of the population of Argentina will have crossed the Darién Gap en route to surge the U.S. southern border.
Yes, Kamala did that.
Just like Trump caused Covid.
Reminds me of the days when George Bush Sr. would blame the Democratic Congress for the eruption of Mount Pinatubo in the Philippines.
Actually, Andries is right on this. Trump has made it a point to devalue the dollar. One main idea being to prop up the U.S. manufacturing economy for exports. It's the same motivation for domestic demand through all of the international tariffs Trump is proposing.
I'm not saying that a dollar of higher or lower value is better. It becomes a strategic decision based on what you're after, because it's always a mixed bag whether it's stronger or weaker on the global market. But I've seen nothing saying that Trump wants a strong dollar. And not just because every policy he's advocating benefits from a weaker dollar.
As for Kamala's experience in foreign policy, ironically she has some from her famed time as "Border Czar" (though that was never the White House's words, only the media's and the GOP's). She worked mostly on business development and investment in the Golden Triangle. And while the net U.S. border effectiveness of that was next to zero, in part because the likes of Bukele cracked down hard on crime and because Venezuela grew in its national sh*tshow, apparently she did get a few international collaborations going there.
Given that Argentina's poverty rate rose from 45% to 60% while Milei has been in office, I'd say the jury is still out on that one. At that rate, but this time next year 90% of the population of Argentina will have crossed the Darién Gap en route to surge the U.S. southern border.
Yes, Kamala did that.
Just like Trump caused Covid.
Reminds me of the days when George Bush Sr. would blame the Democratic Congress for the eruption of Mount Pinatubo in the Philippines.
Actually, Andries is right on this. Trump has made it a point to devalue the dollar. One main idea being to prop up the U.S. manufacturing economy for exports. It's the same motivation for domestic demand through all of the international tariffs Trump is proposing.
I'm not saying that a dollar of higher or lower value is better. It becomes a strategic decision based on what you're after, because it's always a mixed bag whether it's stronger or weaker on the global market. But I've seen nothing saying that Trump wants a strong dollar. And not just because every policy he's advocating benefits from a weaker dollar.
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These are COVID spending bills that greatly expended money supply:
https://www.pandemicoversight.gov/about-us/pandemic-relief-program-laws
Only last 2 were signed during Biden admin. (There was also infrastructure bill but that was not significant comparing to COVID spending).
https://www.pandemicoversight.gov/about-us/pandemic-relief-program-laws
Only last 2 were signed during Biden admin. (There was also infrastructure bill but that was not significant comparing to COVID spending).
Do you want higher inflation?
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Least that money was for ur country not pumping out to other countries fighting proxy wars and no other NATO nations putting out for the bill.
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Further increasing the national debt to 30 trillion thanks to Biden and Kamala.
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If there was a better democratic candidate I would vote for one.
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Least that money was for ur country not pumping out to other countries fighting proxy wars and no other NATO nations putting out for the bill.
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Further increasing the national debt to 30 trillion thanks to Biden and Kamala.
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If there was a better democratic candidate I would vote for one.