Jump to content

America has emerged....as an international laughingstock


Recommended Posts

Posted
36 minutes ago, JAG said:

If you attempt to remodel global trade in the US favour, whilst devaluing the Dollar, would that not dramatically remove its appeal as the Global reserve currency?

 

Given the amount of global debt held by other countries, wouldn't devaluation, which reduces the value of that debt and reduces the value of the interest payments it provided mean extending or increasing that debt prohibitively expensive.

 

I can't see any "Mar a Lago accord" smoothing over any of that!

 

It is a tough trick to pull off to be sure, but Bessent and Co did author a paper on just how to do that. I think it basically involves getting other nations agreement to the devaluation whilst still retaining the dollar as the reserve currency. That maybe the strategy behind the tariffs.

 

Perhaps worry free access to the market and other trade concessions will entice other nations to make that deal.

 

Let's see.

 

 

  • Thumbs Down 1
Posted
41 minutes ago, Mavideol said:

you forgot to mention "Good at bankruptcies as well as being impeached 3 x and convicted on more than 30 felonies"

A thousand $$ to anyone that can ACCURATELY state his 30 felonies. Trump has no idea. Just expired misdemeanors linked to an unknown unspecified crime.

Bragg, James and Merchan will pay the real price for concocting up this bs. James already running scared after getting her chubby digits stuck in the cookie jar. Ouch!

  • Like 1
  • Thumbs Down 1
Posted
38 minutes ago, BLMFem said:

So he got 1-2 million dollars before even starting in the family business, and when he did he got a total of 413 million, Thanks for confirming that.

And to repeat; if this money had been invested in the stock market and left there it would have made more money that what Trump managed through all his scheming.

And a heck of a lot of small contractors would have been better off/still in business.

 

A nice start in business to be sure, 1-2 million dollars. The 413 million were received throught his entire life, including inheritance money. You can't blame a man for getting an inheritance surely.

 

Just to be clear, his net worth now is 5.1 billion USD. That's 5100 million USD.

 

Prettay prettay prettaayyy good going....

  • Like 1
  • Thumbs Down 1
Posted
3 minutes ago, Cameroni said:

 

A nice start in business to be sure, 1-2 million dollars. The 413 million were received throught his entire life, including inheritance money. You can't blame a man for getting an inheritance surely.

 

Just to be clear, his net worth now is 5.1 billion USD. That's 5100 million USD.

 

Prettay prettay prettaayyy good going....

Considering he's had his grubby little hands in the world's biggest cookie jar for 4 years and 4 months I'd say that's peanuts.

Posted
1 hour ago, SunnyinBangrak said:

You are now. Glad to keep you informed. Now wait a few hours and there will be more tantrums and false claims Trump went bankrupt repeated...and on and on it goes

Checked reporting from 2015/16 on... Almost 100% refers to "businesses Trump has bankrupted". None say Trump was personally bankrupt. Where do you get your odd talking points from anyway? 🤔 

  • Thumbs Down 1
Posted
16 minutes ago, SunnyinBangrak said:

A thousand $$ to anyone that can ACCURATELY state his 30 felonies. Trump has no idea. Just expired misdemeanors linked to an unknown unspecified crime.

Bragg, James and Merchan will pay the real price for concocting up this bs. James already running scared after getting her chubby digits stuck in the cookie jar. Ouch!

Why do you keep repeating this ridiculous argument? I think I've called you out on it several times already. The felonies (34 of them, actually) were for falsifying business records in the first degree. They were felonies, not misdemeanors and none of them had expired (if they had, the case would have been dismissed on the first day). 

 

The underlying crime, as specified in the AP article below, was a scheme to illegally influence the 2016 election through hush money payments to a porn star. 

 

Guilty: Trump becomes first former US president convicted of felony crimes

 

https://apnews.com/article/trump-trial-deliberations-jury-testimony-verdict-85558c6d08efb434d05b694364470aa0

  • Thumbs Up 1
  • Thumbs Down 1
  • Haha 1
Posted
55 minutes ago, Mavideol said:

 the guy from California, Gavin, he's a winner and the GOP has no chance against him, 

 

Say this for Gavin Newsom, he’s a master of misdirection. California is losing jobs—54,800 during the first three months of this year. Valero this month announced plans to close a major refinery, portending gasoline shortages and price spikes. Insurance and electricity rates are soaring.

 

Fifty-four percent of Californians say things in the state are generally going in the wrong direction, up 14 points from when Mr. Newsom became governor in January 2019. But by his telling, everything in the Golden State is going swimmingly, or was until Donald Trump started his tariff barrage.

 

https://www.wsj.com/opinion/california-keeps-declining-and-newsom-tries-to-blame-trump-tariffs-democratic-governance-policy-d3e988c5?mod=hp_opin_pos_1

Posted
2 minutes ago, GroveHillWanderer said:

Why do you keep repeating this ridiculous argument? I think I've called you out on it several times already.

 

Because it's all his got, so as he's got nothing what's the poor guy to do? Come clean?

Don't think so.

  • Thumbs Up 1
  • Thumbs Down 1
Posted
5 minutes ago, GroveHillWanderer said:

Why do you keep repeating this ridiculous argument? I think I've called you out on it several times already. The felonies (34 of them, actually) were for falsifying business records in the first degree. They were felonies, not misdemeanors and none of them had expired (if they had, the case would have been dismissed on the first day). 

 

The underlying crime, as specified in the AP article below, was a scheme to illegally influence the 2016 election through hush money payments to a porn star. 

 

Guilty: Trump becomes first former US president convicted of felony crimes

 

https://apnews.com/article/trump-trial-deliberations-jury-testimony-verdict-85558c6d08efb434d05b694364470aa0

Pure misinformation. They were expired misdemeanors. Another sufferer of irrational hatred believing msm bs😅

  • Thumbs Down 1
  • Thanks 1
Posted
4 minutes ago, Mike_Hunt said:

 

 

Say this for Gavin Newsom, he’s a master of misdirection. California is losing jobs—54,800 during the first three months of this year. Valero this month announced plans to close a major refinery, portending gasoline shortages and price spikes. Insurance and electricity rates are soaring.

 

Fifty-four percent of Californians say things in the state are generally going in the wrong direction, up 14 points from when Mr. Newsom became governor in January 2019. But by his telling, everything in the Golden State is going swimmingly, or was until Donald Trump started his tariff barrage.

 

https://www.wsj.com/opinion/california-keeps-declining-and-newsom-tries-to-blame-trump-tariffs-democratic-governance-policy-d3e988c5?mod=hp_opin_pos_1

Just to be clear; are you linking to the Wall Street Journal, the paper which in an editorial (not an opinion piece like the one you linked to) absolutely s**t all over Trump?

Don't remember? I'll help you:
https://aseannow.com/topic/1358738-wall-street-journal-dunks-on-trump-in-stinging-new-editorial/

 

Oh, and let me fix something for you;

 

"But by his telling, everything in the Golden State is going swimmingly, or was until Donald Trump started his tariff barrage garbage."

 

 

  • Like 1
  • Thumbs Down 1
Posted
6 minutes ago, BLMFem said:

Just to be clear; are you linking to the Wall Street Journal, the paper which in an editorial (not an opinion piece like the one you linked to) absolutely s**t all over Trump?

Don't remember? I'll help you:
https://aseannow.com/topic/1358738-wall-street-journal-dunks-on-trump-in-stinging-new-editorial/

 

Oh, and let me fix something for you;

 

"But by his telling, everything in the Golden State is going swimmingly, or was until Donald Trump started his tariff barrage garbage."

 

 

 

I see you didn't read the article.   Figures. 

  • Like 1
Posted
27 minutes ago, SunnyinBangrak said:

Pure misinformation. They were expired misdemeanors. Another sufferer of irrational hatred believing msm bs😅

Just as I stated.

Posted
6 hours ago, Cameroni said:

 

At pretty much everything, at life, in real estate, made billions of Dollars, in show business, had a top rated TV show, in politics, became president of the USA, twice.

 

How about you, what have you won in? Maybe list your accomplishments in this thread.

Well, I guess it takes genius to be born into power and wealth. His father was a very successful real estate developer. Trump destroyed that business. He bought the Plaza Hotel for way too much money. In other words he was outnegotiated, and ultimately the  company went into bankruptcy. Same for his casino and airline ventures. Always paying too much. Always being outnegotiated. The only reason he held on to any of his money that bankruptcy laws in NY make it extremely difficult for lenders to recover their money. But NY banks would never lend to him after that. What saved him was the book, which made people believe he was a great dealmaker, and the TV show, which was not his creation.

  • Thanks 1
Posted
2 hours ago, Cameroni said:

 

It is a tough trick to pull off to be sure, but Bessent and Co did author a paper on just how to do that. I think it basically involves getting other nations agreement to the devaluation whilst still retaining the dollar as the reserve currency. That maybe the strategy behind the tariffs.

 

Perhaps worry free access to the market and other trade concessions will entice other nations to make that deal.

 

Let's see.

 

 

 

If Trump feels that the US gets a bad deal wet trade, it would have been so much better if he has simply got on the phone to Xi, v.d. Leyden, etc and arranged bi-lateral talks. No one is going to refuse to talk to POTUS. All his current approach has succeed in doing is spooking the markets and alienating the US's allies while making China look not so bad.

 

The Uruguay Round of GATT - which resulted in the formation of the WTO - started in 1986 and took 8 years to conclude. The rules governing world trade have slowly evolved ever since. The US is the world's most powerful nation, however, the idea that the rest of the world will simply tear up the existing rule book, roll over and be bullied into accepting US-centric trade conditions is imo extremely unlikely. Moreover, it is even more unlikely that any wide-ranging agreements could be reached before the end of Trump's term in office.

 

If Trump persists with his bullying techniques, I suspect that the rest of the world will simply reduce their bi-lateral trade with the US as much as possible, accept that their will be an economic hit (while obviously trying to mitigate the effect as much as possible), and just wait until January 2029 when the hope will be that a sense of normality can be restored.

  • Thanks 1
Posted
1 minute ago, placeholder said:

Trump destroyed that business

 

You mean he created businesses worth 5.1 billion USD..

 

People talk about his business bankrupticies, but I do not see that as an issue, many businessmen fail, but Trump got up and succeeded again with other ventures. It is even more impressive really.

  • Thumbs Down 1
Posted
1 minute ago, Cameroni said:

 

You mean he created businesses worth 5.1 billion USD..

 

People talk about his business bankrupticies, but I do not see that as an issue, many businessmen fail, but Trump got up and succeeded again with other ventures. It is even more impressive really.

Do you understand that the  reason he ever got to be big was because of all the money funneled to him by his father? How many people would have the inherited resources to fail time and time again.

Posted
1 minute ago, RayC said:

If Trump feels that the US gets a bad deal wet trade, it would have been so much better if he has simply got on the phone to Xi, v.d. Leyden, etc and arranged bi-lateral talks. No one is going to refuse to talk to POTUS. All his current approach has succeed in doing is spooking the markets and alienating the US's allies while making China look not so bad.

 

He could have done that. But then he would not have had the leverage he now has with the tariffs. Master negotiatior?

 

2 minutes ago, RayC said:

the idea that the rest of the world will simply tear up the existing rule book, roll over and be bullied into accepting US-centric trade conditions is imo extremely unlikely

 

I am not sure. Take China for instance. The tariffs are effectively a trade embargo on China. which China cannot afford. I would suspect most nations when faced with considerable pain will do something to make that pain go away.

 

4 minutes ago, RayC said:

the rest of the world will simply reduce their bi-lateral trade with the US as much as possible

 

I am sure that will happen anyway, but the operative words are "as much as possible". Many companies genuinely depend on the US market. They cannot just stop exporting there.

Posted
2 minutes ago, placeholder said:

Do you understand that the  reason he ever got to be big was because of all the money funneled to him by his father? How many people would have the inherited resources to fail time and time again.

 

Getting 1 million dollars helped of course, but again he is worth  5100 million now. So there was a bit more to it than getting a hands up I suspect.

 

Sure, he got the 400 plus million during the course of his life later, but well, 5100 million. Come on!

Posted
Just now, Cameroni said:

 

Getting 1 million dollars helped of course, but again he is worth  5100 million now. So there was a bit more to it than getting a hands up I suspect.

 

Sure, he got the 400 plus million during the course of his life later, but well, 5100 million. Come on!

What if he had invested that in index funds? And of course he has massively cashed in on the presidency. And is still cashing in. He's just so sleazy

Posted
11 minutes ago, placeholder said:

What if he had invested that in index funds? And of course he has massively cashed in on the presidency. And is still cashing in. He's just so sleazy

 

Hindsight is 20/20. That's not how it works in real life. If he did the hard way it's still an achievement.

  • Thumbs Down 2
Posted
3 minutes ago, Cameroni said:

 

Hindsight is 20/20. That's not how it works in real life. If he did the hard way it's still an achievement.

The point is, if his achievements didn't beat the markets, how good of a business person is he really? And, of course, his sleazy dealings continue up this day.

  • Like 2
  • Thumbs Down 1
Posted
8 hours ago, Cameroni said:

 

Global trade will be remodelled in the US favour. Many nations have already sent delegations to negotiate with the US and offered substantial concessions.

 

I suspect ultimately a Mar a Lago acord that will allow the Dollar to be devalued but will still retain it as the reserve currency will happen. That's what the paper by Bessent and his colleague outlines.

 

Social media is making big bucks of him, thats clear. Never seen so much memes and pages popping up in my feed ever before, even I try to avoid the noise from either sides, 

 

Screenshot_20250428_173801_Facebook.jpg.2c2cc8edddc1d3d55de247d6e4a008d7.jpg

  • Like 1

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now




×
×
  • Create New...