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Will Trump bankrupt the US entirely?

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On 6/4/2025 at 6:46 PM, BLMFem said:

Really? Went up under Bush, down under Obama, massively up under Trump. I guess it's you guys who need to "get on the debt bandwagon", agree?

And now, if the biggly big bill goes through the deficit will skyrocket, according to Musk, who calls the bill a “disgusting abomination”.

 

https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/

4.png

 

More rot. See your own chart.

 

Went up under Obama for his first 4 years (after GFC), only "massively" up briefly under Trump due to Covid emergency.

 

Then, of course, Biden was determined to have his own ridiculous spend after, the Covid tide receded, despite high inflation. So smart. 

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  • Yellowtail
    Yellowtail

    All the sudden the left is concerned about spending. How funny is that? 

  • Mike_Hunt
    Mike_Hunt

    I happy to see you lefties finally get on the debt bandwagon.   You're about 17 years to late. 

  • 1) The federal budget has been a mess for sometime now.   This is not a Trump thing.   I blame the dems for buidling a government that we can't afford.    Spending is at 23% of the GDP.   Which is uns

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On 6/4/2025 at 6:17 PM, spidermike007 said:

It would appear to some of us that the big ugly spending bill is going to lead to a massive amount of additional debt, as Elon Musk and Ray Dalio very accurately state. Many of us would question the wisdom of giving huge tax breaks to the super wealthy when the US economy is already carrying an unsustainable amount of debt, and the interest rates required to service that debt continue to rise. It does not look like the Fed will be able to lower interest rates anytime soon, as the appetite for American debt seems to be waning dramatically, for at least a dozen good reasons. 

 

For those of us who don't buy into the sloganeering we realize that very little manufacturing is coming back to the US, five major US companies have just announced that they're shifting a significant amount of their production overseas to avoid reciprocal tariffs, and that trend is likely to just continue. In addition tourism to the US is way down, due to Trump's increasingly open hostility toward the majority of the planet. 

 

Trump, nor his substandard team seem to have absolutely no understanding of globalization and the inherent ecosystems within manufacturing, and he doesn't seem to understand why manufacturing has declined in the US over the last 55 years. It certainly didn't happen in a vacuum. 

 

I predict that Trump's attempts to impose tariffs and bring manufacturing back to the US will be a massive failure of epic proportions.

 

 

 

Typical slanted slop. 

 

The truth is that the USA economy has been running on debt for decades. 

 

But it's all down to Trump. Right?

 

 

2 hours ago, spidermike007 said:

You might be right, there's no question that there is an agenda in place, and there's no question that the goon is not the one who's making the decisions, he's just simply a willing puppet, supporting an agenda that feels rather heinous to me. 

 

It is never been about his supporters, and it certainly has never been about America, and making America a better place. 

 

Are we back to Biden now?

1 hour ago, Yellowtail said:

If that is you, you are a handsome man indeed, and I apologize. 

 

Do you have a hair business? 

 

 

You spend a lot of time asking personal questions of posters. Are you still trying to get friends?

48 minutes ago, nauseus said:

 

Typical slanted slop. 

 

The truth is that the USA economy has been running on debt for decades. 

 

But it's all down to Trump. Right?

 

 

 Right now it is, yes.

LOL! Trump is really trying his best to chase all manifacturing OUT of America! America is a dying place at the moment. Over half the population are obese and sick! It would take a decade or two to get up the base for bein a manifacturing nation! Meanwhile the migrant workers are being deported! LOL! How dumb can that fat f*** Trump be?! America exsist BECAUSE of migration! Ban them and see what happens!  😂 

12 hours ago, Yellowtail said:

If that is you, you are a handsome man indeed, and I apologize. 

 

Do you have a hair business? 

 

 

 

Admit it, you were hoping he was bald and fat so you could have some artillery to attack him with.

 

Now all you got is your cheesy hair salon jokes. 

37 minutes ago, save the frogs said:

Admit it, you were hoping he was bald and fat so you could have some artillery to attack him with.

I have always assumed the photo was not him. 

 

I'm not a leftist, why would I attack someone because they were bald and fat? I do not care what people look like. 

 

37 minutes ago, save the frogs said:

Now all you got is your cheesy hair salon jokes. 

It was not a joke. I thought he might be in the hair business, what's wrong with that? He claimed he had a couple businesses, and when you google the photo, this comes up:

 

Mike02.jpg.3f329f126617d28baa718bf1f4ca3717.jpg

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3 hours ago, nauseus said:

 

Typical slanted slop. 

 

The truth is that the USA economy has been running on debt for decades. 

 

But it's all down to Trump. Right?

 

 

What you are saying is correct the US has been running a huge deficit and it has become a deficit economy from what I understand the first to run a deficit economy in modern history. But Trump's policies appear to only be adding to that and that's not a good thing. I disagree with a lot of his policies, but I can at least hope for some objectivity on the part of his supporters. 

  • Author
2 hours ago, harryviking said:

LOL! Trump is really trying his best to chase all manifacturing OUT of America! America is a dying place at the moment. Over half the population are obese and sick! It would take a decade or two to get up the base for bein a manifacturing nation! Meanwhile the migrant workers are being deported! LOL! How dumb can that fat f*** Trump be?! America exsist BECAUSE of migration! Ban them and see what happens!  😂 

It's very true, without immigrants America would seize to exist, and we are likely to see significant labor shortages in the near term. Americans have no interest in washing dishes, picking grapes, doing other agricultural work, working in meat packing plants, or any other hard labor and they have no interest in working at a reasonable wage. 

1 minute ago, spidermike007 said:

It's very true, without immigrants America would seize to exist, and we are likely to see significant labor shortages in the near term. Americans have no interest in washing dishes, picking grapes, doing other agricultural work, working in meat packing plants, or any other hard labor and they have no interest in working at a reasonable wage. 

America can get all the immigrants we need or want. Why should we be letting in people that do not speak English, are often illiterate in their native language, have no interest in assimilating, and will likely be on some sort of public assistance for life? 

 

The labor force participation rate is down around 60%, which means about 40% are not working. 

 

Virtually no one wants to work. I loved my last job, but it they had quit giving me money, I'd have quit going in. I love being retired, but if I needed money, I would find work. 

 

I washed dishes, made pizza, worked at a laundry, drove truck, picked oranges, stacked hay, worked construction, worked in a tool and die shop, worked in a fiberglass plant, worked at an injection molding plant and traveled with a carnival, all before I went to engineering school in my mid-thirties. 

 

Most of the people working in the industries you site, are American citizens. Flooding the country with illegal aliens drives their wages down, drives their housing costs up, and overwhelms the social services they depend on.  

6 hours ago, save the frogs said:

 

I don't think Trump is acting alone.

I think he is pushing the globalist agenda.

 

Stage 1: Financial collapse of some sort.

 

Stage 2: Rolling out CDBC - centralized digital crypto .... that means the govt can monitor everyone's spending. And it may be tied to "Global Warming" because they may start to monitor too many expenditures that give you a high carbon footprint and block it. Also, criminals should be concerned because it may no longer be possible to engage in the black market.

 

I don't think it's financial bankruptcy and the end of the USA. But more likely a major rollout of digital blockchain currency, but a major recession first. 

 

Bankruptcy is not the word. I think RESET is a better word. 

 

 

If the US were to do a CDBC they should have done it a long time ago. Its too late for that, bitcoin has first mover advantage

12 hours ago, hotsun said:

If the US were to do a CDBC they should have done it a long time ago. Its too late for that, bitcoin has first mover advantage

 

Never too late for anything. 

Just now, save the frogs said:

 

Never too late for anything. 

If their goal were to get people to buy their coin instead of bitcoin, it is too late. Only dumb governments would attempt it as a last money grab attempt

14 hours ago, Yellowtail said:

It was not a joke. I thought he might be in the hair business, what's wrong with that? He claimed he had a couple businesses, and when you google the photo, this comes up:

 

I didn't even know you could google a photo.

It's borderline stalking. 

 

1 minute ago, save the frogs said:

 

I didn't even know you could google a photo.

You can't say that anymore

1 minute ago, save the frogs said:

It's borderline stalking. 

No, it's amusing. 

11 hours ago, hotsun said:

If their goal were to get people to buy their coin instead of bitcoin, it is too late. Only dumb governments would attempt it as a last money grab attempt

 

I'm not sure it's a money grab attempt.

 

CDBC is wicked control though. They can cut off your money supply with a click of a button. 

 

Watch your step and don't get on their sh*t list. 

 

3 minutes ago, save the frogs said:

 

I'm not sure it's a money grab attempt.

 

CDBC is wicked control though. They can cut off your money supply with a click of a button. 

 

Watch your step and don't get on their sh*t list. 

 

They can pretty much do that now. 

 

4 minutes ago, save the frogs said:

 

I'm not sure it's a money grab attempt.

 

CDBC is wicked control though. They can cut off your money supply with a click of a button. 

 

Watch your step and don't get on their sh*t list. 

 

China will do it, its too late for the US

Yanis is not an idiot. This guy's in the know.

 

He is claiming they want to devalue the American dollar by around 30%. 

 

Nixon in 1971 decoupled the dollar from gold, devalued the dollar, and also introduced tariffs. They're using a simliar playbook. 

 

 

1 minute ago, save the frogs said:

hell breaking loose in LA?

 

 

Let them tear it down, and keep deporting the illegals. 

11 hours ago, Yellowtail said:

Let them tear it down, and keep deporting the illegals. 

 

Yeah, but maybe the way they're doing it is a bit dictatorial?

 

Or if they make an appointment, the companies will hide all the illegals? So they have no choice but to come in and bust the joint up? 

 

Just now, save the frogs said:

 

Yeah, but maybe the way they're doing it is a bit dictatorial?

The way they are doing what? 

Just now, save the frogs said:

Or if they make an appointment, the companies will hide all the illegals? So they have no choice but to come in and bust the joint up? 

Who are busting joints up? 

 

Nothing new about immigration raids at companies. In 2000 our California plant got raided and we lost about twenty guys. 

 

In 2018 a company I was doing some consulting for in Tennessee was raided and lost 80% of the workforce. Starting pay doubled in four months. 

12 hours ago, Yellowtail said:

Hey Mike, given the collapse of the US is imminent, are you going to sell the salon, your other business, and the rest of your US assets and move your capital offshore or are you just making it all up? 

 

mike.jpeg.937d5fb569485f3b5a73c4b252d69d6f.jpeg

Thats a model

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11 hours ago, save the frogs said:

 

Never too late for anything. 

Trump has destroyed American prestige permanently. For those still harboring the delusion of America's greatness, he erased that in one month. Which is likely a good thing, as false perception is not a good thing. An empire on its last legs, like the Western Roman empire in the 5th century. Donnie boy. Making America less relevant again. 

1 hour ago, spidermike007 said:

Trump has destroyed American prestige permanently. For those still harboring the delusion of America's greatness, he erased that in one month. Which is likely a good thing, as false perception is not a good thing. An empire on its last legs, like the Western Roman empire in the 5th century. Donnie boy. Making America less relevant again. 

Hmm, I seem to recall Obama saying (and I am paraphrasing) that the US was only great in the same way that the Irish think of Ireland as great and that it really not that special, and that it was his job to manage the decline. 

 

 

6 hours ago, Yellowtail said:

Hmm, I seem to recall Obama saying (and I am paraphrasing) that the US was only great in the same way that the Irish think of Ireland as great and that it really not that special, and that it was his job to manage the decline. 

 

 

 

Looks like the Irish aren't so proud of their "greatness" these days?

 

Another EU-enabled disaster in the making.

 

https://www.dailymail.co.uk/news/article-14682455/Irelands-asylum-backlash-Anti-migrant-marches.html

 

Yes he’s working for Putin to achieve it

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