And why people chose Trump if all so good.

did i not explain it in no 1 ???

if you have a national market and people buy with borrowed money where do you think this money comes from?

the goods they are buying are not paid yet before they did not pay back their loans.

a government can also not just print money because there is no value in the paper
(what they did on top)

did you know that one of the biggest loaners to US is china ?

so yes the us have an import overflow but the point is that it is not paid !!!!!!

HOW can an unpaid bill make you poor ?

your ideas can´t work, believe me.

why people chose Trump if all so good.

This is one of the main problems the debt is so high.

https://media.nationalpriorities.org...15_enacted.png

Most of the tax revenues come from wages, if wages are squeezed, taxes are squeezed. People can only spend what's in their pockets and credit cards. So all those cheap mobile phones you're buying, the difference is added to the debt mountain. As well as every other cheap Third World import.

Corporations want to cut staff and lower wages because the bosses don't have to worry about the benefits, social security, ruined lives.

They import people to force wages down, now they have the option of automation. So even less to pay out in wages. And more go on benefits, social security, etc. And more lives ruined.

sure you can - and this is the trick.

this oversea company is paid from investment money and it is active in the balance.
means: you can not take this investment of the tax because the value is still there.

now you have scenario 1: the overseas company is going bankrupt or loose value.
in this moment the value is cut out from the american books and cut from taxes.

scenario 2: the overseas company makes profit. than this profit is taxed in the country where the company is registered.
the net profit after local tax is NOT paid out to the shareholders (US mother company) and is parked in this country. than this money will never reach US ground and is NOT TAXABLE there.

this is how all that companies are working. they just do not bring the profit in the country and don´t have to pay tax on that.

this is also the background of trumps tax-reform. he thinks that this 20 trillion what are parked from us companies all over the world will reach american ground if it is taxed with a lower %. he is calculating with the (lower) tax on this 20 trillion.
and it would work short term because this trillions are collected in 20 or 30 years. it will only be a one-time effect and after it it will become worse because ALL taxes will have this lower % for ever.

it is correct and not correct the same time.

because when a country is able to receive 47% from personal income tax it can not have that much underpaid workers, right ?

but what is really visible there is that the big companies are paying like nothing into that pott and trump wants they pay even less.

but the point behind all that is prosperity. even when you increase taxes it would not make any effect as long as the people can buy the same or even more for the money they have left in their pockets.

the real longterm solution can not be handled with the existing rules. just because of robots will take place of human workers. but it does not make sense to replace CONSUMERS with robots. and this is exactly what would happen because the worker is also the consumer but the robot is not.

here is a point where the economy itself will have to find a way out because without consumers the whole production does not make sense
i guess it will be some kind of royalties on every robot or if they are smart they invest the workers tax an retirement savings into robot companies.
then the worker would not be replaced by A ROBOT he would be able to replace himself with HIS ROBOT.

time will resolve that because economy can do everything except getting stuck.

HOW can an unpaid bill make you poor ? :)

I know now how much debt you have acquired and repaid by that statement. Welcome to the cash only economy ...

If I leave my money in your country and invest it there -- you don't benefit somehow?

One skilled person can manage the production of many robots that can perform the production of many workers. That job might pay $200K a year add another $50K a year in 'robot maintenance', add another $5K per robot for R&D and versioning with development costs -- that creates many high paid tech jobs and research grants that feed academics.

If you are a coal miner or factory floor worker you are obsoleted -- get over it and move on.

The profession of liveryman was obsoleted.
The trade of blacksmith was obsoleted.
The occupation of stagecoach driver was obsoleted.

Other skills adapted to innovation -- those that did not are GONE.
How many sailors are on a nuclear aircraft carrier.
How many teamsters still drive commercially (a lot less).
How many vacuum tubes are manufactured today?

as long as the money is paid YES - if it is just a bill it is a paper and not more.

the US spends too much on war & weapons, aircraft, new ships & other transport that really is not needed :2 cents:

if you would use a brain instead the boogers in your nose to think you would know what bullshit you are talking

and? where is the problem? is economy working that money stays in one hand ????
on what strange planet do you live ?

are you able to count 2 or 3 steps or only one ?

what does it matter WHERE they bring their money to?

are the countries you want that they buy do not have a right to MAKE money first ?

you are dumber as a 3 year old child. you should really stop with you undereducated horseshit. you are not an economist you are a retired 3rd class porn producer. if you would be the great economist you want to show here you would not live such a lousy life.


here read the facts if you understand them

If bills are just paper -- just throw them in the garbage can and see what happens.

I had a dumb-shit geometry teacher in middle school that drew an analogy of a plane being like a sheet of paper ... Just like a paper bill -- was it a digital bill? LMAO

U.S. President Donald Trump handed German Chancellor Angela Merkel a bill for money supposedly owed to NATO when they met last weekend in Washington DC, the Sunday Times reported.
Trump handed Merkel ‘outrageous’ NATO bill: report – POLITICO

https://i.imgflip.com/1dsob1.jpg

oh than give me your address - i will send all bills to you what are unpaid and you pay them.

i even give you 50% off.

deal?

money is an equivalent to productivity. if that productivity is not be done yet it can be done tomorrow. but actually we talk about productivity of a few generations.

buy my bills maybe the grandchildren of that people will pay you ;-)

what BILL ????

there can not be any bill because there is no membership fee to pay to nato.

every country in the nato pays own costs - they do not even have a cash.

i hope merkel will give him the bill back by calculating how much money germany invest in PREVENTING wars instead pushing the money in weapons.

trump only knows that wars must be fought (and that it is a good business) - merkel knows that wars can also be prevented - who is the smarte one ?

I'll buy your unpaid bills for 5% of what they are worth from your creditors,
if they are large enough to warrant my trouble,
if you are collectible,
and fuck your credit up,
take you to civil court,
hound you to a court judgment
then have the court issue a writ of execution,
seize your assets until I get back what I paid to buy out your debt, recover my expenses plus court costs if
I think I can get a 60% settlement of the bill out of your ass.

Or, if you have assets I will lien your home and any other real estate you own (if any), lien your bank accounts and garnish them and fuck your credit history up for 10 years.

You will never get a mortgage without paying off the lien I record against your property.

That is what I can do with smart asses that don't want to pay their bills.

The US is spending over $100 billion a year on NATO. We cannot afford to provide healthcare to to all of our citizens -- maybe we should let Europe figure out its own problems with its own money.

I anyone invades Europe we can just nuke Europe and stop the invasion ... Mission Accomplished.

Bill for coal for Germany :1orglaugh:1orglaugh
http://thehill.com/sites/default/fil...umphardhat.png
http://www.trbimg.com/img-57342bff/t...iners-20160511

fortunately i do not have unpaid bills :-)
i think i am the best and fastest payer in this industry.

but i can give you approximately 1,2 million in unpaid bills from people who owe me money.

Europe isn't different, they do the same. The European bank bought for billions obligations the last years and will keep doing that till the end of this year, or maybe longer. Nothing is fixed with international trade, the debts to make that international trade possible are still there (and growing).

I also read a lot of professionals expect a new even bigger crisis. Cause the debts are higher than ever and it is the end of the 4 - 8 year cycle of ups- and -downs.

This is will be a better way - spend this money on your citizens.:)

in fact US is spending over 600 billion per year in defence.

in regards of the NATO US Pays 22.1% of NATO Budget; Germany 14.7%
what is wrong with that? you are 350 million US citizens germans are 80 million.
so if you calculate that per head every german pays THREE TIMES MORE for that as every american.

nope it is not comparable.
the reason for the slower recovery of europe is that it was not financed by the local markets.

people did not get more opportunities for loans (in fact they got less)

buying obligations is not a big issue and it was even good that the FED did that even better than europe did it.
don´t forget - if you buy obligations you always buy a part of the company.
at the end there is not really a looser.

but if you use the PRIVATE sector to finance at the end the disaster by let them pay the bill later is not fair and not smart because it produces bankrupt citizens.

the difference between europe and USA is very easy.

USA pushed money in the market by giving the companies cash flow. they produced
and sold it to their own citizens. but as they did not have the money they got loans, more creditcards, longer payback times and so on.

in europe they also pushed money in the industry but they focused on EXPORT.
they did not slaughter the own citizens for it.

the result of that you can see now.
europe´s GDP is growing MUCH faster and much healthier and US GDP is slowing down because people can´t get more loans.

the next step comes now with the interest increase. that makes it even harder for a normal worker to pay back and that will have the effect that he will save money wherever he can. when he starts to save money the economy will decrease even more.

For someone that claims he is so smart thommy you say some very stupid things :2 cents:

Buying obligations don't give you a part of the company, you give them a loan for a %. And that % was too low cause the European Bank had so much money that it wants to spent. Now they even bought obligations from companys (first onlye from countries, so they could lent money cheap). And with companies you run the extra risk they dump worthless obligations, cause the European Bank buys them anyway. Does that sound familiar?

And ps; if you support the german gaspipeline to Russia, you are a Trump supporter :)

If you calculate it as a % of GDP, a method that was agreed upon by all NATO members, the picture is a lot different:

http://i2.cdn.turner.com/cnn/2016/im...-3_custom1.jpg

Isn't it clear that most of NATO members are not pulling their weight, and so US is forced to subsidize NATO?

Because the common man is getting poorer.

Bullshit.

I explained it perfectly. When the National wage bill goes down, the tax revenue drops. That;s it there is no other explanation and the rest is bullshit.

Yes, I know Trump's is dropping taxes for large corporations. But at the moment that's all he can do to attract more to pay corporation tax in the US. They will also locate in the US and pay all the wages and taxes linked to being in the US, rather than being in China and paying Chinese taxes. The UK dropped corporation taxes and collected more in corporation tax than before. The percentage of the bigger pot was worth more.

The 1% aren't worried if the 50% barely have enough to live on. They care about the 1%?

Assumes the one skilled worker is earning the $200k. What if he's earning $40K, what if the robot requires very little maintenance, what if all the jobs lost are never replaced where do the unemployed move on to?

Where do you find your customers?

Agreed. China is getting richer while America and the EU is getting poorer and supported by debt. So your point was?

Europe has to pay more towards its defence.

Europe should pay more. NATO is to protect Europe from Russia.

http://i2.cdn.turner.com/money/dam/a...17-780x439.jpg

http://i2.cdn.turner.com/money/dam/a...-1-780x439.jpg

paul again you post numbers what you do not interprete correctly.

USA have a total military spending of 660 billion.
this is NOT A SPENDING IN THE NATO!!!!!

the NATO is a union of forces from different countries in the world it is NOT an institution
financed by those countries.

2nd: if you calculate only spendings for weapons and NOT include costs to prevent wars
it would not be a union for peace it it would be a union for war.

i personally do not want top spend a single cent in a union for war.

so just a question - let´s say germany´s GDP is decreasing 90% and they spend their 2% it would be ok ?

what would be better than ?
would we be more protected?

i do not say that we need NO defense but what i say is that money what is spend on PREVENTING wars should be calculated too.
and when it comes up to THIS calculation USA would be last.

what is stupid when i say that the money to prevent wars should be calculated too?

what is better for economy:

1. destroy a country or
2. help them to grow and become a trade partner what will also buy from you one day?

building defense the way the western world did it in the last decades is the devil´s circle because it is used to OFFEND and destroy countries.
this offence creates hate and we will need more "defense".
this is exactly what the weapon lobby wants us to do and we should stop that.

Then what do you do when the Russians or Islamists come knocking?

So you would spend money on defending yourself.

The best way to prevent a war is to have an armed force.

If you know of another way be sure to tell us all.

Help them grow and prey they buy as much as they sell. Good luck with that philosophy.

The harm is done, so now we have to deal with it. You can't turn the clocks back.

https://media.nationalpriorities.org...15_enacted.png

http://www.economicshelp.org/wp-cont...-pie-chart.jpg

As you can see tax revenues are raised by employing people and paying them a decent wage. 70% of UK taxes and 80% of US taxes are raised that way. So sharing production with other countries and "hoping" they buy back is suicide for an economy. Because they rarely do buy back as much as they sell.

Dropping corporation taxes is good. Because if it can attract more companies into the country like it has in the UK, it boosts the employment taxes. Also, it takes people off unemployment so a double bonus. But socialists can't understand simple logic. They would rather we be nice to the world and "hope" something comes back.

The problem is the 1% they profit from sending jobs overseas.

it is definitely the 3rd worlds fault that 1st world people paul markham like you did :1orglaugh:1orglaugh:1orglaugh

Then why did Trump cancel TTP with Australia?, the USA was sending and making more from Australia than it was from the USA. The trade imbalance was in America's favour!. It can't be renegotiated, deals have already been done. Same with NZ.

Not much happens now because companies are under contractual agreements, but as they expire trade deals are renegotiated with other countries namely China costing the USA billions of dollars a month. And worst of all, it puts two more of America's allies on Chinas payroll.

Stupid fucking move day one by Trump in a Redneck Kneejerk reaction, that ultimately FUCKS AMERICA IN THE ASS, everyone else will get along fine.

That is not the current nor historical role of world affairs -- in a perfect word -- maybe.
Pragmatism or idealism?
Money spend preventing wars is utter poppycock.
Foreign aid is a quid pro quo arrangement, and always has been, and not some great altruism.

Paul ignores Trump's defects.

Paul defends Trump's actions no matter what they are.

Trump fucked America on TPP because he wanted to play to his racist xenophobic base. Trump fucked us on international trade by playing nationalist politics. It's only temporary.

Was TPP only with Australia and NZ?

If the total of all those countries leaves the US with a deficit it was a bad move to cancel it.

I do not defend him on all he does. I defend him on trying to get more jobs back from the Third World, fewer illegal migrants and as an alternative to Clinton.

I'm not a racist. I want migration to be only those who bring a benefit to their new country. What ever their colour. I dislike muslims what ever colour they are.

You, on the other hand, want all those things. Why is that?

no you are a bigot...it is like being a racist but wider :1orglaugh:1orglaugh:1orglaugh

Why are you lying?

If your lie was true, and I did want all those things, then you'd know why, because you came to that conclusion based on the premise of remembering my previous replies to said topics. But you ask me why, because you are lying.

Very weak hand you played there Paul :1orglaugh

You're right, I stand corrected :2 cents:

He's a bigot white nationalist

Yeah imagine if the USA did a free trade deal with countries like Brunei, Chile, Malaysia, Mexico, Peru.. wouldn't that fuck China over real good. I'm sure initially there would be a few clashes, but once it evened out those countries would be able to pick up what China is providing now, you know cheap shit for yanks.. Then imagine if all those countries had deals together, dam they wouldn't have to sell their excess to China at all would they, because its more profitable to send to a free trade partner. You could even write in a few copyright clauses which we all know China totally ignores, dam that would save those copyright holders trillions, you might write in a few other things, like ensuring human rights and health standards are meet. Maybe even if there were a few naughty countries you could inflict sanction's on them like they had never seen because it's a combined effort from trade partners.

If you had that sort of deal sorted out, and then you cancel it, you hand China the biggest payday cheque they ever had in history.

I'm from New Zealand, live in Australia and back in China in 6 weeks.

Please continue to fill me with your wisdom on TTP from your kitchen table in Czech.