Bolded part is correct.
I think if US Govt. and central bank is not willing to come clean on debt situation even now, then they will be deserving of adjectives like power hungry, corrupt, elitist, dishonest, lying etc.
People like Trump and Peter Schiff speak the truth.
I have suggested one solution which is my view will bring much prosperity to this world and set priorities right. US Govt. could work on a similar solution along with leaders of main countries.
No, it points to how Trump thinks and demonstrates that he has not a clue how to run a country.
Trump doesn’t even have a clue on how to play Monopoly without cheating. “I gotta pay to get outta joil? I’m just gonna bust out! Who’s gonna stop me, huh? Loosahs!”
Stranger
Nah, he’d get the other players to put up the fine.
He’d just shove other players’ houses off their property and build hotels wherever he wants.
Please tell me you’re a junior in high school.
I’m not even going to bother to explain why this or any other proposal that has come from the republicans the past 10 years is awful. Others have probably already done it.
My only question is, at what point does Wall Street finally ‘get it’ and realize that the republican party is the political equivalent of an Eastern European ring of con artists and finally disassociate with them? Seriously, I understand that if you’re an economist with JP Morgan or Citi, you naturally do what’s in your investors’ narrow self-interests and vote for republican in the hopes that they create a runaway bull market economy.
But at what point do presumably intelligent, Ivy League-educated people with above-standard qualitative and quantitative analytical abilities bring themselves to admit that underwriting the politics of stupidity, while it might seem attractive over the next 6-24 months, is disastrous over the next 6-24 years? Surely at some point this reckoning must occur? I hope.
Stranger On A Train did a good job in post 33.
I don’t think Wall Street will ever ‘get it’. That’s why they need to be regulated.
This is a pretty fucking insightful post.
Your position is based on not understanding the complexity of the economy.
This is the equivalent of stubbornly advocating big, heaping teaspoons of cadmium as a cure for toenail fungus.
So, you got nothing. You’re admitting that yours was just unsubstantiated blather, a vague 2nd-grader’s “Same on you.”
You’ll fit in real well with the Republicans.
The fact that you can’t name something shows you only have a vague sense of outrage, as opposed to actual grounds for it.
I’m sure you think that belief is in your interest, but it sure as hell isn’t in Americans’. (It isn’t really in your interest, either, but you don’t see it.) Here’s what you don’t get: if our economic system goes down, so does yours, and most everyone else’s. Or maybe you do get it, and you think that the Great Socialist Revolution will then take over the world and make it a better place. I don’t know, nor, frankly, do I care.
Aside from that, I seriously question taking the word of a demagogue who has no idea of world economics and someone who’s been predicting economic apocalypse for 20 years and then, when a crisis does happen, points to it and says “See? I was right.” Schiff’s only interest is in frightening people into buying gold through him.
I am not thinking about myself (no gold holdings etc lol). I think about what’s best for poor people of the world not just poor people from America. Of course I wish well for Americans also.
I am an insignificant nobody anyways. you can always ignore me.
This board is dedicated to fighting ignorance. As long as you speak ignorantly, you’re going to get pushback.
Nonsense. This board is full of ignorance regarding Trump’s intelligence, his success, his inheritance and his bankruptcies and the pushback it gets comes mostly from only me. And of course the facts I present get ignored in favor of repeating the same ignorant assertions over and over again. The board’s motto may be about fighting ignorance but in practice it’s promoted more than fought.
I get that it sucks to have your positions attacked all the time.
You’re demanding that critiques of his intelligence are ignorant, in a thread about how he is blindly advocating a policy that would destroy the world economy?
You’re a Trump fan. That doesn’t mean that critiques of the man are ignorant bluster, it means that your defense of him is reflexive.
Trump is a trust-fund dipshit who thinks that intuition is superior than knowledge. He’s got moxie, and a silver spoon, but if he were born poor, he’d be selling used cars.
See what I mean, truthSeeker2?
I see what you mean, Lobohan.
One can be intelligent and still be unwise; as a matter of fact, it’s a common malady in academia. And they can be the smartest person in the world, and if they don’t have the correct information, GIGO is the order of the day. (Not the Doper. :))
Trump has his own world view, which is limited and defined by sitting in his office running his little empire. (Yes, little.) He has not even the beginning of a clue how to deal with other economic powers, as evidenced by his facile, completely unsupported contentions that he’ll wave his magic wand and all of a sudden our trade agreements will be renegotiated to improve our advantage. As a businessman doing individual deals with other businesses, one might be able to get away with that. As the leader of the free world, it’s not happening.
He’s a great salesman, he’s identified a market, and now he’s exploiting it. Unfortunately, he’d be dealing not with voters, but with leaders who have different interests and really don’t care what a great guy he comes across as when it comes down to the fine print. What will he do when he’s told No? These aren’t his employees, who he can order around with near-impunity. If his past and his campaign speeches are any indication, he’ll walk away. As if that will entice any softening of position by the other side.
And internally, do you really think he’ll listen to the experts who speak truth to power? Or be able to build a coalition of Congressmen to actually get things approved? Or learn to keep his big mouth shut when he’s pushed by the media?
This is the least qualified candidate I’ve ever seen, and I’ve seen some. I couldn’t care less about his inheritance, his bankruptcies, or his success in the business world. What I do care about are his ignorance, his lack of forethought before speaking, his egocentrism, his lip service to divisive philosophies, his predilection for going on the attack when he thinks he’s been slighted in any way, and his inability to change. This is the same Trump we saw 30 years ago, and there’s absolutely no reason to think he’d be any different in the Presidency; in fact, it’s a pretty fair assumption that he’d be even more puffed up and convinced of his own rectitude if he did get into office.