Quote:
Originally Posted by Acepimp
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you really have to accept that you are one of the dumbest people walking on this planet.
I am aware that you can not do anything with economics and can not read statistics. you get all your knowledge from far-right websites - cumulated on brainwashing size and believe that you have now understood the world.
you think when you compare a big number with a small number it is all you have to do to know whatīs going on, right?
did you ever hear about deficit rate to GDP and what it means?
according forecats trumps deficit in his first term (if he goes through that) will be nearly as high as the deficit obama made through his whole presidency (and donīt forget that he had to fight one of the biggest financial crisis in the history what was caused by others
before him)
all US politicians before him tried to push the rate never higher then 3,5% to the GDP. trump will rise it to 6%.
the next problem is that the US market was already overheated when trump was elected.
inflation rates are already that high that the next interest step have to be done within the next weeks.
production inside the US will increase prices as well - MORE INFLATION !!!!! MORE INTEREST !!!
what does higher interest mean?
it means that you will pay even MORE interest on the 21 trillion you have soon and this
will cause even more dept.
i doubt that you will understand the following article but maybe you know someone smart enough who understand it and explains it to you. but at least when your ass is owned by china you will understand it.
https://www.economist.com/news/finan...sks-future-how