Is the Economy better now than it was before Donald Trump took office? - Page 2 - Politics Forum.org | PoFo

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#14956646
Victoribus Spolia wrote:
You have an unfair advantage in reality in this discussion which is why this should be easy for you as a burden of proof.



You actually made the claim that democracies were worse earlier in the thread You too have the burden of proof and have produced nothing.

Monarchies inevitably over time fall into the hands of children , Idiots or the insane. Governance is often in the hand of favorites and other shokky types on the make who have no interest in the the long term fiances.
#14956649
The Economy is better, but it isn't a sustainable outcome because for someone like Trump to be at the helm (and deliver theses kinds of results) the country will be eventually plunged into civil war. Half of the populace wants (or is told they want) the economy to fail so they will revolt against effective leadership. NPC's are mere tools of nefarious forces and the US is filled to the brim with them.
#14956741
pugsville wrote:You actually made the claim that democracies were worse earlier in the thread You too have the burden of proof and have produced nothing.

Monarchies inevitably over time fall into the hands of children , Idiots or the insane. Governance is often in the hand of favorites and other shokky types on the make who have no interest in the the long term fiances.


Here's an interest text: The development of international sovereign debt markets in England and Spain.

Basically the job of Parliaments was to rein in on kings' excessive spending. Philip II of Spain and his successors defaulted 7 times in a period of 90 years, which is kind of hilarious. :lol:
#14956804
MistyTiger wrote:It is getting worse. Companies like Whirlpool are seeing major dents in their profits, due to higher expenses caused by higher tariffs. The trade wars are hurting the US the most. Stocks fell today again.


Whirlpools problems are not the trade wars.
Thy charged almost 3 times as much as the competition even before the tariffs.

They then blames the tariffs on the very first day, even before the tariff prices had worked through.

They suck.
Shit company.

Stocks are falling in response to a few factors, including tariffs with china, but not especially because of them.
Bigger factors are.

FANGS. Big five tech companies facing new taxes.
Europe. Italy about to catalyst global recession.

And then the big ones.
Interest rate rises and end of QE.
End of QE means end of QE inflation. Asset prices will stop rising as fast.
Interest rate rises means borrowing off the bank to buy shares no longer pays as much. So less demand for shares.
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