|
Title: Economically as a Country, Number One -Donald Trump Post by: TimeBits on July 15, 2019, 06:07:20 AM https://twitter.com/realDonaldTrump/status/1150590096527302657
Does he mean number 1 in debt? https://www.usdebtclock.org/world-debt-clock.html With a negative GDP... ::) Title: Re: Economically as a Country, Number One -Donald Trump Post by: Naida_BR on July 15, 2019, 01:29:02 PM The US economy is fuelled by debt.
We realized that in 2008 with the collapse of Lehman Brothers. Having said that, as much as the debt is, it is better for the American Economy. If the debt is growing steadily then this is positive for them. However, I won't say the same for other countries around the world, as they will face strong consequences of it. Title: Re: Economically as a Country, Number One -Donald Trump Post by: coins4commies on July 16, 2019, 12:08:37 AM Of all the things he's tweeted in the last 24 hours, thats probably the least inaccurate.
Title: Re: Economically as a Country, Number One -Donald Trump Post by: IntuitiveCoins on July 16, 2019, 12:38:25 AM Compared to the rest of the world the quality of life for most Americans is pretty good. That's what he meant.
Title: Re: Economically as a Country, Number One -Donald Trump Post by: KingScorpio on July 16, 2019, 02:17:24 AM The US economy is fuelled by debt. We realized that in 2008 with the collapse of Lehman Brothers. Having said that, as much as the debt is, it is better for the American Economy. If the debt is growing steadily then this is positive for them. However, I won't say the same for other countries around the world, as they will face strong consequences of it. thats actually how all states work, alternative would be metallic despotism (kingdomes etc.) they will then tax their region wage war on neighbours and send thoughs to their enemies the good guys are in the end all just being punished. and abused. Title: Re: Economically as a Country, Number One -Donald Trump Post by: squatz1 on July 16, 2019, 04:32:25 AM Number one in being an economic powerhouse that the world relies on order to continue growing! If the US weren't present, the rest of the world would lose a massive consumer of goods and tech, plus an enormous provider of services (creation of tech - google, facebook, Microsoft, Twitter, etc. Accounting, Banking, investments, etc.) that makes the world function.
I hate these stupid little jokes about debt and such. YES THE US HAS DEBT, AND THE REST OF THE WORLD DOES TOO. IF THE US CAN KEEP IT ALONGSIDE GDP GROWTH THEN IT IS MOST LIKELY OKAY. Public debt to GDP is what is going to be worried about anyway. I'd rather see an AVERAGED balanced budget though. Not every year can be balanced, but on average if the budget is balanced some years, surplus others, and deficit other years, then it is fine as it is a net zero. Title: Re: Economically as a Country, Number One -Donald Trump Post by: Juggy777 on July 16, 2019, 07:32:59 AM https://twitter.com/realDonaldTrump/status/1150590096527302657 Does he mean number 1 in debt? https://www.usdebtclock.org/world-debt-clock.html With a negative GDP... ::) US economy has improved a lot since Trump took over, and he has smartly indulged in trade wars and cut down subsidies on Asian countries which were effecting US economy. If you look at the employment chart it’s risen very well which further indicates their economy is improving. Trumps long term vision is to make goods in America, and many companies are now supporting his vision which in turn will further boost the economy hence his claim that USA is number one is completely correct. Source: https://www.cnbc.com/2019/05/03/nonfarm-payrolls-april-2019.html https://economictimes.indiatimes.com/news/economy/foreign-trade/trump-wants-to-stop-subsidies-to-growing-economies-like-india-china/articleshow/65729532.cms https://www.smh.com.au/business/the-economy/trump-s-trade-war-is-biting-and-leaving-a-nasty-scar-on-china-s-growth-20190715-p527dn.html https://www.bbc.com/news/world-45827430 Title: Re: Economically as a Country, Number One -Donald Trump Post by: TimeBits on July 16, 2019, 08:23:23 AM Compared to the rest of the world the quality of life for most Americans is pretty good. That's what he meant. ahh I C, I C https://www.youtube.com/watch?v=KF7hWzqdPDk https://www.youtube.com/watch?v=JyqhNgAkJIY https://www.youtube.com/watch?v=45qSj4_DVxs https://www.youtube.com/watch?v=pWl2DrQxZAs yah seems pretty good, lol 3rd world countries got it better... I never got that term by the way 3rd world? what fucking 3rd world? we all live on one fucking world, just like the vacuum and fabric of space, what a load of shit, what vacuum and fabric? I see plasma and there is ether that we can`t see but it`s there. |