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Old 10-14-2018, 07:37 AM  
BaldBastard
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Join Date: Jan 2001
Location: Sydney
Posts: 15,941
Quote:
Originally Posted by dyna mo View Post
this is exactly my point. when an economy is doing good, you give that country credit for it. when an economy is doing shitty, you give America credit for it.

I'm not an economist but I but one would blow holes in your theory that the USA can be run like AUS.

and please, stop trying to tell an American business owner who is moving a lot of merch daily that our economy is fake. the only thing fake right now is the fake Christmas tree I'm thinking of getting this year instead of a real one.
This will become the next problem, because while your out buying that Christmas tree and American business is bathing in borrowed money celebrating trumps tariffs, the Chinese are spending their Christmas trying to work out how they can lower their production rates and increase productivity to counter those tariffs.

Combine that with an inflationary fiscal policy and you might see trump is doing considerable long term damage to the American economy. Keep in mind internal spending is not where the country makes money, that comes from exports and where you have two competing products being sold in another country, the Chinese will win.. cos they weren't out buying Xmas trees ;)

https://timesofindia.indiatimes.com/...w/66156047.cms
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