on the plus side, he does hate ted cruz.
What do you want, fingerprints?
I infer it from his demonstrated cluelessness on so many other things.
If the RNC and other Republican bigwigs were truly concerned about the impact of Trump on the partyâs downticket races, they would use this insane and unconstitutional idea of Trumpâs as justification for declaring his candidacy for the Republican nomination null and void. Yes, it would be an extraordinary step, but any political party has the right to protect its own existence in extraordinary circumstances, which these are.
And yes, this would be extraordinarily hypocritical for the GOP since itâs essentially threatened default in its budget negotiations with Obama in Congress, but as we know the Republican Party is indifferent to hypocrisy.
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Itâs actually pretty much dead on point Randy. The mere mention or thought of a Trump presidency will only make already dire situations worse.
China is camouflaging their internal problems out of foolish pride and the realization that if they show weakness-then they become weakened.
They have a collective ego problem that years of pushing to be a major world player and getting there has caused. Now they canât do what needs to be done because that would mean letting go of the dream and facing the reality that it was almost always just a bubble. Plus, their heavy hand over the region and much of the world would instantly go away and likely never return.
There is no hiding this anymore and something like a Trump bump could be the skewer that disinflates them.
As the Bush administration proved, foolish finances in America canât help but be major financial events around the world. George the Bozo Bush almost crashed us and the world with the plethora of his ill conceived plans.
Trump is a proven failure like GWB only worse and there is no doubt that he could take that record and apply it to the highest levels.
China should impose a tariff on all Trump goods effective immediately.
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Agree, Trumpâs tariff plan would lead to immediate retaliation and an international trade war.
Whatâs also concerning about Chinaâs present economic situation is that since they are a one-party system they may not have the same flexibility to adjust to emergencies and challenges that we do.
And really, this isnât even a hard case to sell to the American people.
"Donald Trump says he wants to reduce the debt by getting our creditors to accept less money. And that sounds great, doesnât it? âWeâll make the Chinese take less money!â Sure, it sounds great. We keep more money, they lose money, win-win for America, right? But China doesnât really have that kind of hold over us. Sure, politicians and talking heads have been talking about âChinaâ holding US debt for years, but the truth is: foreign investors hold roughly a third of all federal debt. So who holds the rest of it? We do. You, me, our kids, our grandkids. Thatâs who the Federal Government is committed to paying back. Us. So when Donald says he wants to get our creditos to take less money⌠heâs saying he wants to stiff you and me.
âWe hold sixty-six cents on every dollar of federal debt. So for every trillion Donald saves on the debt by defaulting, the American people lose six hundred sixty billion. Six hundred sixty billion, gone from our retirement accounts, from our savings bonds, from social security. There are three hundred twenty million of us. Thatâs a lot of people. But that still means that for every trillion Donald plans to trim off the debt, each of us is on the hook for over two thousand dollars. Every man, woman, and child in America. Do you have two grand to spare? Do your kids?â
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Iâm not sure, but I think one of us is misunderstanding the other. My comment was not in any way a defense of Trump.
Then again, they could do it pretty much with the snap of their fingers but just wonât.
A crash rarely hurts those that cause the crash and in fact would only net them more power and control and overall worth.
World powers have to make decisions based on that power as well as the financial aspects.
Power comes first with the often times foolish hope that good times will cure all else. But never relinquish the power.
Inflation is a direct result of such thinking.
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We have six months to go. How many crazy things is Trump going to have his advisors walk back during that time? And how many times will reporters pretend that, because an advisor walked it back, that means Trump never said it and is perfectly qualified to have his finger on all the buttons?
Thanks, Wharton!
You managed to give an MBA to an economic ignoramus; thus letting Harvard off the hook for giving an MBA to a galactically stupid economic ignoramus. Heckofajob, someone might say.
Word is Paul LePage thinks heâs going to get one. All you need to know, really.
Trump: If Argentina can do it, we can, too !