I'd rather have 4 more years of Trump compared to seeing Kamala in the Oval Office at all.... Not that I have a dog in the fight anyway.
American Economics Thread
- Thread starter Bernard
- Start date
Compared to people like Hawley? Big nah for me.
AssassinsMace
Lieutenant General
And remember how Obama wanted WTO action against China for subsidizing a domestic airliner that didn't even build a prototype yet.
Another Republican China basher who's deep in making money from China. And they talk about how you can't trust the Chinese on what they say. China should not do business from states and counties where the politicians they elect are anti-China.
Last recession, they needed China to bail them out, this time this is not longer an option and the consequences are only beginning to show itself. I wonder, how long can there printing presses last and how many trillions they can print until such a thing becomes useless. Reminds me in another thread about someone mentioning how the USA can print money to cover there debts, and the everyone universally disagreeing.
1. That a bond is denominated in US Dollars, at maturity must be paid back in US Dollars. Where those US Dollars come from (ie another loan, taxation revenue, printing presses) doesn't really matter in the practical sense as the bond is a contract and those obligations are fulfilled.
2. Yes, this money printing by the Fed can go on indefinitely because most of the money goes to rich people. Only 25% goes to the people, who are not 1%, and they use that to buy food and pay rent. They do not go do speculation with those government checks.
I rather see 4 more years of Trump. But for a different reason. He's going to totally sink US economy and reputation abroad. Make a right mess of China US relationship. Make enemies from allies. It's going to be good for China if he gets 4 more years.
Given that he does have the general public against him but still his fanatics are both great in number and are well armed. Also to note is that he has screw the ballot system up quite badly and the courts are stacked with his yes men. So there is a good chance of him winning anyway. But still, the resulting chaos is going to be extreme though and it will make whatever happened in HK look like a walk in the park, as a certain someone is going to have to use a lot of mental gymnastics to be able to justify the sheer amount of fail that is almost guaranteed to happen.
He will make Nadia Comaneci look like a Sumo wrestler.