Cameroni

Yah, that's a steaming pile of caca de toro, unfortuantely. You see every single country in the western world is in the same position, overspending and going to the capital markets to fund its spending. However, the US is different. Unlike other countries, the US is not dependent on exports, it has its own giant domestic market. Yes, it also chooses to fund spending by using the capital markets, like any sane country would do, however, the USA is significantly richer than any of these countries. Its currency DETERMINES the value of other currencies. As you can see now, live and on TV, the US can restructure global trade at will. The economic power of the US is unparallelled in human history. Not just its economic power, of course, its military power too, if the US were so inclined it could loot and pillage any country it chooses. It just doesn't need to do so yet because its economy is so unspeakably powerful. All this nonsense of "oh the us economy can't go on", where's the evidence for it? Stock market worth 111 trillion. Real Estate worth 50 trillion. GDP 29 trillion every single year. Some homework for you, discover how rich the USA really is.

But he was questioned after he sobered up presumably? And then said he thought she cheated on him? When he was sober. Or did I misunderstand something?

So she cheated on him?

The place to go now is Phu Quoc in Vietnam. They built a dream tourist island, a la Nusa Dua, but a whole island.

There is no debt problem. The US economy is comfortably able to service the debt it has, as it creates 29 trillion USD in GDP every single year. The total market value of the US stock market is another 111 trillion USD. The total value of US real estate is another 50 trillion USD. In short, the US is so rich, nobody even knows exactly how rich it is. But it is richer than God, and easily able to service its debt.

But why? Why not just let the Japanese, Germans and the rest of the world finance the debt with IOUs? Why is it a problem now? The US economy is still creating 29 trillion USD of wealth every SINGLE year! I mean aggregate this over 20 years.

This is nonsense of course. The US economy is considerably larger than 36 trillion USD. The US creates 29 trillion USD of GDP in wealth every single year. But this figure does not account for many other existing assets of the US economy.

The reason is Germany. Germany declared its intention to rearm and warned the markets that this will entail a massive debt orgy. As a result the prices of bonds have fallen across the board as investors dump assets that have lost value. https://markets.businessinsider.com/news/bonds/germany-defense-government-spending-boost-bund-yields-global-bond-selloff-2025-3

No, it is because the US does not have a debt problem. The strength of the US economy is why people biy US Treasury bonds. Not because they like America so much. In effect the US could easily wipe out its debt. Yes, 36 trillion USD of debt sounds like a lot, but when you factor in that the US creates wealth of 29 trillion USD GDP EVERY SINGLE YEAR, you quickly realise that the US debt is not a problem. If the US wanted, it could pass a tax and wipe out national debt in a few years. However, there is no reason to do so. It is not a problem.

Yah, he has been saying that for the last 5 years.

Well, one of the clear aims of Trump is to devalue the dollar to make US exports more competitive. His tariff policy is very coherent with all his aims. If you have 400 billion USD and then someone takes it away, would you want it back? Would you acceed to some demands to get the 400 billion USD back. You probably would. Let's see.

No, Trump has a giant lever. China's 400 billion share of the US market. The Chinese want to be in the US market. Desperately. It's worth 400 billion to them. To say this doesn't exist is just closing your eyes to reality. You can ignore reality, but you can't ignore the consequences of reality. If you read the New York Times article above, it is clearly of the view that China is hurting now, and will be happy to take a deal from Trump, if he offers one.

The thing is, I don't think Trump is "bluffing". He would have no problems to leave giant tariffs on China or anyone else. None at all. However, these countries that depend on exports, unlike the US, such tariffs are major issues for them. Japan has already set up a taskforce to negotiate, Vietnam is offering to stop Chinese passhrough exports. Yes, this is trade piracy, much like British colonialism back in the day, but without the need for invasions, it is still piracy nonetheless. However, most nations have no other choice but to submit, if they don't the losses will be substantial. Maybe smartphones, laptops will be given very minor tariffs, but this would be for domestic US purposes. Indeed, the Chinese can source imports from other countries and will do so of course, however, they cannot substitute a 400 Billion USD market for their export surplus so easily.

Well, it would be 400 billion USD less. Do you think with an economy in trouble suffering from unemployment and real estate scandals this is insignificant to the Chinese? Even without elections Xi knows that he can not risk widespread unemployment and discontent. Chinese are very sensitive to this.

I don't think so, because Mr Trump has the biggest lever. It is the US market that is the main market for Chinese exports. It is the Chinese that are desperate to be in the US market to sell their export surplus. So how could Xi win this? He can't. Particularly since his economy is rocked by real estate scandals and unemployment and already on the ropes. That's why commentators are saying that Xi will take a deal if he gets one. Who has the longer lever here? Trump would not hesitate and walk away and let the Chinese economy suffer crippling tariffs. Xi knows this. The Chinese will take a deal even if they do not get all they want.

Well, Trump himself posted much the same on social media. Right now all tariffs are paused I think, with the aim being, that this allows nations to approach the US to offer deals. In relation to laptops, smartphones etc, I think it is no secret that Tim Cook and Donald Trump are fairly close and I would be amazed if Tim Cook had not done all he could to convey to Trump that Apple needs some kind of grace period to adjust. Probably other CEOs did the same. From Apple's perspective I guess any reprieve would be preferable and a win of sorts, no matter how short. I suspect Trump is also sensitive to consumer opinion to some degree, even if it does not look like it, and he knows that massive increases in smartphone and laptop prices could hurt his main supporter base, young white males. The 1 to 2 month time period is probably just to give Apple and co some kind of grace period. From the Chinese perspective, since they KNOW this will come down to negotiating a trade deal with China, it actually makes sense to raise the tariffs and take short term pain for long term gain, because in the negotiations a larger tariff on US goods will be more of a bargaining chip for China. So fairly logical decision by the Chinese.

China is sure to feel pain from Mr. Trump’s tariffs, which have reached at least 145 percent — a staggering figure that imperils the country’s $400 billion in annual exports to the United States, its biggest market. Already, factories near the manufacturing hub of Guangzhou that supply garments to American consumers have closed until there is more clarity on the tariffs. If such closures spread, they could exacerbate China’s unemployment problem, making it even harder for policymakers to revitalize an economy battered by a property crisis and sagging confidence. “Even if you think you have a strong repressive capacity to hurt doubters and a jingoistic story to rally supporters, economic dislocations are still dangerous because you never know how bad they will get and whether they will turn into something worse,” Mr. Torigian said. That economic reality suggests that Mr. Xi will probably accept an off-ramp from the tariff showdown if Mr. Trump offers one, analysts said. https://www.nytimes.com/2025/04/11/world/asia/trump-china-tariffs-xi.html Very obviously there will be a deal made between China and the US. It will allow China to save face to some degree, but it will also reshape China-US trade relations in a more equitable way. Everyone wins. More winning from Mr Trump. Born to be a winner.

You are not well informed. The reprieve for laptops, smartphones etc was just fake news. They will be slapped with more tariffs.

The point is these items will not be exempted from tariffs. As always Trump is very consistent and equitable. Not at the moment, I think as regards China it's only 10% for a short while to see if China wants to secure a deal. Then the 20% tariffs DO kick in, but IN ADDITION these items will be slapped with tariffs in the semiconductor bucket. I hope this helps clear it up.

Oh my God! Trump didn't realise services make up 80% of the economy, but thank God RSD1 spotted this obscure fact, being smarter than all of us, including Donald Trump. This is excellent news. Will you now be called to the White House as economic advisor RSD1 to correct economic policy? Please update us how you get on in the White House.

Fake news. Smartphones, computers and electronics are not "spared". They will just go into a different tariff bucket. Trump just posted on social media.

My ex-wife, who is not Thai, also had no qualms about silencing the kids by giving them a mobile phone or tablet. It's funny isn't it, how women wail and cry how bad they want children, then when they have children they can't wait to palm them off on Ipad, Iphone, Kindergarten, etc.

Candace Owens says it's very sane!

Not Jomtien lower half. That's for sure.

Zelensky's wife is really a transgender woman. She competed in the Moscow Olympics as a man in Featherweight Boxing.