Can anyone provide an outline of Trumps economic policy? I'm kinda lazy sifting through google today.
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mental drifter
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Re: Market breaks 20,000
Can anyone provide an outline of Trumps economic policy? I'm kinda lazy sifting through google today.
Once in awhile, get outside in fresh air, take a deep breath & with a deep sigh, let out all the things that's bottled up inside you & be free, & you'll get a glimpse of nirvana.
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Re: Market breaks 20,000
Sure, make America great againOriginally Posted by pacfan
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Re: Market breaks 20,000
There you have it. Simple Paul Kevin style.Sure, make America great again
Do not let success go to your head and do not let failure get to your heart.
mental drifter
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Re: Market breaks 20,000
Okay, I'll take your word for it but it better be true. But I hope Kirkland won't spoil it with his truckloads of charts saying otherwise.Sure, make America great again
Last edited by pacfan; 02-16-2017 at 03:08 PM.
Once in awhile, get outside in fresh air, take a deep breath & with a deep sigh, let out all the things that's bottled up inside you & be free, & you'll get a glimpse of nirvana.
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Re: Market breaks 20,000
Trump is basically Reagan when it comes to finance. Low taxes, high government spending, ramp up the debt. The difference is Reagan came in with high interest rates and quite a small amount of debt, Trump on the other hand has inherited awful debt levels and a system still reeling with low interest rates. He seems to be damned if he does and damned if he doesn't.
FGE
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Re: Market breaks 20,000
Damned if he does what?
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Re: Market breaks 20,000
Jim Rikards gives a good outline of why it will go wrong whether Trump likes it or not. Basicaly America is in trouble because people don't want US debt, the petrodollar has been declining significantly and the Federal Reserve is now a failed institution tapped out at a ratio of 77:1. You mifht disagree because you are a cunt but many think something bad will come regardless of what Trump tries to do. The Empire seems to be in decline.
FGE
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Re: Market breaks 20,000
I googled this guy and he's less nutty than your normal people but still a nut. He's another guy who predicted hyperinflation and was completely wrong. Plenty of people want to hold US debt. Should we hit another meltdown money will absolutely flood into US debt. Right now people willing to sell debt to buy riskier investments is actually the sign of an improving economy. Don't hold your breath for US bonds to become a significant problem. The dollar has been declining significantly? In which universe?
Against which currencies has it declined? None of the major ones. The Fed is just fine baby. Only problem is who Trump will appoint to run it. He also gets to replace a majority of the board in the next four years. If he appoints a bunch of nuts then that's a massive problem as they'll be in charge of the policy response when we get the Trump version of the 2008 meltdown thanks to abandoning regulation again.
And I am a cunt. No need to apologise for calling me a cunt, it's a statement of fact. God bless you.
FGE
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Re: Market breaks 20,000
There aren't truckloads of charts. Make America Great Again is it. We're waiting to hear what his policies are going to be. So far he's given us about 15 000 versions of what he's going to do. He's got a couple of Goldman Sachs guys who have explained to him that a lot of what he thought he could do isn't possible and they're now working out what is possible.Okay, I'll take your word for it but it better be true. But I hope Kirkland won't spoil it with his truckloads of charts saying otherwise.Sure, make America great again
The main guy setting the policy is a total cunt. He was responsible for some of the worst aspects of the 2008 meltdown. Just for what he did to Greece he should be spending the rest of his life getting gang raped daily by an all-star team of Greek psychopaths in Korydallos prison. The other guy bought up one of the bankrupt 2008 banks and went on a foreclosure spree of all their mortgage debt, stealing tens of thousands of homes and turning them into property funds for investors to buy and then rent back to the previous owners. He foreclosed on one 92 year old woman whose monthly payment was 27 cents short. So it's going to be interesting to see what they come up with.
They're saying that they're not going to lower taxes on high earners and give them instead to low/middle earners. If they're going to give tax cuts, which is not a good idea, then that's the least worst thing they could do. Let's see what they actually come up with though.
mental drifter
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Re: Market breaks 20,000
I'm looking for a policy, ah there it is, so tax cuts is one of them I suppose. Tax cut, either you reduce spending or go into deficit spending. Less spending equals less employment/output. Increased deficit coming after huge spending/debt will of course add further to the pretty big debt left by Obama especially during his first term, but as the employment has stabilized, they must be planning to continue unwinding, which is not a bad move under the circumstances, that is, if they are indeed, and it will also reduce the pressure on interest rate. Otherwise, I don't see much wisdom in it but I'm sure the people in White House do. Who am I to question those 'experts'.There aren't truckloads of charts. Make America Great Again is it. We're waiting to hear what his policies are going to be. So far he's given us about 15 000 versions of what he's going to do. He's got a couple of Goldman Sachs guys who have explained to him that a lot of what he thought he could do isn't possible and they're now working out what is possible.Okay, I'll take your word for it but it better be true. But I hope Kirkland won't spoil it with his truckloads of charts saying otherwise.Sure, make America great again
The main guy setting the policy is a total cunt. He was responsible for some of the worst aspects of the 2008 meltdown. Just for what he did to Greece he should be spending the rest of his life getting gang raped daily by an all-star team of Greek psychopaths in Korydallos prison. The other guy bought up one of the bankrupt 2008 banks and went on a foreclosure spree of all their mortgage debt, stealing tens of thousands of homes and turning them into property funds for investors to buy and then rent back to the previous owners. He foreclosed on one 92 year old woman whose monthly payment was 27 cents short. So it's going to be interesting to see what they come up with.
They're saying that they're not going to lower taxes on high earners and give them instead to low/middle earners. If they're going to give tax cuts, which is not a good idea, then that's the least worst thing they could do. Let's see what they actually come up with though.
Last edited by pacfan; 02-18-2017 at 06:47 AM.
Once in awhile, get outside in fresh air, take a deep breath & with a deep sigh, let out all the things that's bottled up inside you & be free, & you'll get a glimpse of nirvana.
FGE
Array
Re: Market breaks 20,000
They're going to increase spending and cut taxes. The guys responsible for this are experts but not at running an economy.I'm looking for a policy, ah there it is, so tax cuts is one of them I suppose. Tax cut, either you reduce spending or go into deficit spending. Less spending equals less employment/output. Increased deficit coming after huge spending/debt will of course add further to the pretty big debt left by Obama especially during his first term, but as the employment has stabilized, they must be planning to continue unwinding, which is not a bad move under the circumstances, that is, if they are indeed, and it will also reduce the pressure on interest rate. Otherwise, I don't see much wisdom in it but I'm sure the people in White House do. Who am I to question those 'experts'.There aren't truckloads of charts. Make America Great Again is it. We're waiting to hear what his policies are going to be. So far he's given us about 15 000 versions of what he's going to do. He's got a couple of Goldman Sachs guys who have explained to him that a lot of what he thought he could do isn't possible and they're now working out what is possible.Okay, I'll take your word for it but it better be true. But I hope Kirkland won't spoil it with his truckloads of charts saying otherwise.Sure, make America great again
The main guy setting the policy is a total cunt. He was responsible for some of the worst aspects of the 2008 meltdown. Just for what he did to Greece he should be spending the rest of his life getting gang raped daily by an all-star team of Greek psychopaths in Korydallos prison. The other guy bought up one of the bankrupt 2008 banks and went on a foreclosure spree of all their mortgage debt, stealing tens of thousands of homes and turning them into property funds for investors to buy and then rent back to the previous owners. He foreclosed on one 92 year old woman whose monthly payment was 27 cents short. So it's going to be interesting to see what they come up with.
They're saying that they're not going to lower taxes on high earners and give them instead to low/middle earners. If they're going to give tax cuts, which is not a good idea, then that's the least worst thing they could do. Let's see what they actually come up with though.
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