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2/11/2018 6:44:34 AMsite de rencontre gratuit clicoeur Has the Trump Financial Collapse Begun? 
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The Bush financial collapse came near the end of his presidency as the constant looting finally proved too much for the global economy to bear. But with Trump looting fast and furious, has the Trump financial collapse already begun?

Republicans always care more about billionaires looting all they can from the public till, even as they recklessly shovel barrels full of money to the military industrial complex and imperialist wars, regardless of the consequences.

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un plan parfait rencontre Wall Street plunges amid fear and panic
By Nick Beams
9 February 2018
World Socialist Web Site
https://www.wsws.org/en/articles/2018/02/09/mark-f09.html

Excerpt:

The market crisis is also being fuelled by the key policies of the Trump administration, supported by the Democrats, of massive tax cuts for the corporate and financial elites and a boost to military spending for war. These measures are set to push the US budget deficit toward $1 trillion from its current level of close to $700 billion.

The result will be more government bonds on the market, leading to a fall in their price, and lifting interest rates, as the two move in an inverse relationship. Even before the announcement of the latest measures to vastly increase military spending, New York Federal Reserve president Bill Dudley said in a speech last month that the current fiscal path was unsustainable and the adverse effects of the tax cuts on the budget bottom line would outweigh any positive effects on capital spending and output.

The likelihood of these measures causing interest rate rises is being exacerbated by geo-political tensions. Under conditions in which the Fed is withdrawing from bond purchases, the US is mounting a trade war against the second largest purchaser in the recent period, China. Last month, in anonymous comments, high-placed Chinese financial officials told Bloomberg they were considering pulling back on bond purchases, partly in response to the more aggressive moves by the US on trade. If this takes place, for either financial or political reasons, it can only further roil US financial markets.

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2/11/2018 9:49:04 AMrencontrer la foi Has the Trump Financial Collapse Begun? 
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I'm poised to make a bunch of money in the market.

You mean it is going down!

2/11/2018 1:57:17 PMsite de rencontre rock Has the Trump Financial Collapse Begun? 
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Quote from herc117:
I'm poised to make a bunch of money in the market.

You mean it is going down!


Capitalists are inherently greedy. Clearly, there's no need for anybody to have a billion dollars. But they don't stop at a billion. Their appetite is insatiable. As such, they have a propensity to loot the economy to the brink of collapse.

2/11/2018 2:04:54 PMrencontre avec joe black zshare Has the Trump Financial Collapse Begun? 

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You didn't seem this concerned with Obama burying our country in debt.

It is simply a market correction and it won't last.

2/11/2018 2:12:08 PMrencontre tamoul Has the Trump Financial Collapse Begun? 
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WE had over a year of irrational exuberance,now we are returning to reality.

2/11/2018 4:13:34 PMcave de la bonne rencontre thonon Has the Trump Financial Collapse Begun? 
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Quote from condor_0000:
Capitalists are inherently greedy. Clearly, there's no need for anybody to have a billion dollars. But they don't stop at a billion. Their appetite is insatiable. As such, they have a propensity to loot the economy to the brink of collapse.


Who the f**k are you to say how much someone "needs"??? Ya socialist bastard!!

2/11/2018 5:36:19 PMici rencontre.com Has the Trump Financial Collapse Begun? 
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Quote from 4uijack:
Who the f**k are you to say how much someone "needs"??? Ya socialist bastard!!


If you were born with just a measly $1 billion and you never made another dime, you could live to 85 years old while spending $11 million per year, or $211,000 per week, or $30,000 per day, and you wouldn't run out of money. And those same billionaires will tell workers that capitalists paying them any more than $80 per day is an outrage.

2/11/2018 5:59:26 PMrencontre scot lyon Has the Trump Financial Collapse Begun? 
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Quote from condor_0000:
If you were born with just a measly $1 billion and you never made another dime, you could live to 85 years old while spending $11 million per year, or $211,000 per week, or $30,000 per day, and you wouldn't run out of money. And those same billionaires will tell workers that capitalists paying them any more than $80 per day is an outrage.


1000 million is 1 billion.

2/12/2018 8:56:04 AMsite de rencontre mabrouk Has the Trump Financial Collapse Begun? 
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rencontres scientifiques du vieillissement "Have They All Lost Their Collective Minds?"
2/12/2018
Authored by Sven Henrich
https://www.zerohedge.com/news/2018-02-11/have-they-all-lost-their-collective-minds

Excerpts:

In early February the US government was already scheduled to borrow nearly $1 trillion this year.

A week later and that figure is already out the door as this week both parties agreed to expand spending caps seemingly preparing for World War III. An incremental hundreds of billions of dollars to the military budget alone in just 2 years. What for? To what end? It’s a bonanza for defense contractors surely and the president apparently wants a parade, but have we entered the math no longer applies zone?

Ok, if nobody will say it I will: This is insane. Just the increase alone is larger than Russia's entire annual military budget.

The end result? Much, much more borrowing and deficits into the trillion+ range forever and ever amen.

2019? Looks lot be $1.4 Trillion.

I didn’t see these figures mentioned in any campaign brochures have you? And this is all pre-recession folks. We get a recession and you are looking at 2-3 trillion dollar deficits.

These numbers don’t represent a slight increase, they represent a deficit explosion and the CBO forecast from 2016 for the 10 years into 2026 are already hopelessly outdated. At the current rate we’ll be hitting $24 trillion by the next presidential election.

In case nobody has noticed: Rates are going higher and any new borrowing will be at higher rates and old debt will have to be refinanced at higher rates. Reduce tax revenues in the process and you end up with a fiscal disaster.

“Interest On The Debt Will Be The Fastest Growing Part Of The Federal Budget…By Far. Forget Medicare, Social Security and the Pentagon: $1 trillion-plus deficits means massive increases in the national debt and that debt will have to be borrowed at higher interest rates (see #1). Add the need for the Treasury to roll-over existing debt at higher and higher rates and you get an immediate increase in the amount the U.S. will need to spend on interest each year.”

If you know your tax cut history you know where in the chart above major tax cuts were passed. The debt continued to rise and will continue to rise as spending continues to be expanded.

But here’s the kicker: Never in modern times have we seen tax cuts being implemented and spending increased with debt to GDP north of 100%.

“As for total debt, the CBO last predicted borrowings of $25.5 trillion by 2027. According to Riedl, the tax cuts, new discretionary outlays and additional interest on the extra spending could add $5 trillion to that number, bringing the total of $30 trillion. That’s 107% of the national income estimate projected by the CBO. The scariest unknown is what happens to interest expense. At $25.5 trillion, the CBO forecasts outlays for interest of $818 billion in 2027. Going to $30 trillion will raise the load to over $1 trillion. One dollar in seven in spending would be going to interest, versus one in 15 today.

And that scenario assumes that the yield on the 10-year Treasury increases to just 3.5% over the next decade, far below its historic average. “If rates go to their average in the 1990s,” warns Riedl, “the deficit will go not to $2 trillion, but to between $2.5 and $3 trillion.”

I must repeat: Not one of these projections assume a recession.

So I must ask again: Have they all lost their collective minds? I see no party even pretending to care anymore. Debt ceilings? Gimmicks. Fiscal conservatives? A slogan. Caring about the obligations of future obligations? Nobody cares.

2/12/2018 10:59:14 AMrencontre en bretagne Has the Trump Financial Collapse Begun? 
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Quote from condor_0000:
If you were born with just a measly $1 billion and you never made another dime, you could live to 85 years old while spending $11 million per year, or $211,000 per week, or $30,000 per day, and you wouldn't run out of money. And those same billionaires will tell workers that capitalists paying them any more than $80 per day is an outrage.



What a lame response, I might wanna live to be 100!!!!!