« prev   random   next »
1   HEYYOU   ignore (31)   2018 Jul 22, 5:19pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Trump can read?

"Borrowers will have to devote more of their cash flow to servicing existing debts."
Must be fake news!
Economic theologians & dumb asses know debt doesn't ever have to be repaid.
That's why Reps & Dems continue to borrow.

The global debt is twice the global fiat currency?
I never understood ciphering or pretzel logic. When,where,how will debt be paid back?
2   TrumpingTits   ignore (1)   2018 Jul 22, 11:10pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Who said anything about stopping global trade?

We just won't be propping it up anymore. The rest of the world...specifically nations that depend on exports for their prosperity (US is not one of them by a long shot)...that has an interest can, if they want.
3   Heraclitusstudent   ignore (2)   2018 Jul 23, 11:34am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Dunno... some rats are squealing pretty loud:
Trump’s Damage to International Trade Will Take Years to Repair
4   MisterLefty   ignore (0)   2018 Aug 2, 9:31am   ↑ like (0)   ↓ dislike (0)   quote   flag        

This story is so poorly written.

"Households, businesses and governments borrow on the assumption that they will service their debts either by paying the principal and interest or by rolling over the debts into new loans." You can't exactly equate sovereign debt with consumer and most business debt. Sovereigns can print. And for certain well-connected businesses, the Fed can gobble up their debt, e.g., Wall Street banks.

"But to service these debts requires rising incomes.." Left out the above. The Fed can buy it up, toxic or not.
5   Heraclitusstudent   ignore (2)   2018 Aug 2, 9:44am   ↑ like (0)   ↓ dislike (0)   quote   flag        

MisterLefty says
Left out the above. The Fed can buy it up, toxic or not.

The feds can't buy $247 Trillions of debts.
There is a limit to what the feds can do without creating a lot of other problems.
6   MisterLefty   ignore (0)   2018 Aug 2, 9:49am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Heraclitusstudent says
The feds can't buy $247 Trillions of debts.
Why would they want to? That's global debt. Other sovereigns could do the same, except those using the euro as Greece learned. No longer sovereign.
7   HEYYOU   ignore (31)   2018 Aug 2, 10:04am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Here's a little problem closer to home.

And all this money is real?
Let's take all of this estimated money,turn it into currency & count it, I see a slight problem.
8   HEYYOU   ignore (31)   2018 Aug 2, 10:10am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Let's see how stable the economy really is.
Everyone cash in everything that can be immediately converted to cash.
Be prepared for the excitement created by delusional minds.

I really believe;"What can't continue,won't continue!"
Then again I'm a patnetter. I'll follow anyone like a puppy & believe everything I'm told.

about   best comments   contact   one year ago   suggestions