Trump publicly insults and threatens China's president
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dragonflare88
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Trump publicly insults and threatens China's president
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25.08.2015 21:58 |
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debauchery
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RE: Trump publicly insults and threatens China's president
The only taking away American jobs is a veritable absence of administration to such a degree that many third world countries have more high-speed rail than the United States
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25.08.2015 23:09 |
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Helsworth
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RE: Trump publicly insults and threatens China's president
So much bullshit with the cheap Yuan vis-a-vis the Dollar that Trump tries to scapegoat bad macro & private debt deflation on it. Even if the PBOC would allow the Yuan to revalue, US business still wouldn't be able to compete with chinese manufacturers when it comes to costs. Under a free trade agreement, EU producers couldn't compete with the rest of the world - that's why the EU is so protectionistic when it comes to trade. And that sort of protectionism works to rig things up between the Big members & the Periphery. US doesn't need to start making tvs & tablets to compete with China & Japan & Korea for them high wages. At the same time, the US doesn't need any more fast food workers either, making crappy minimum wage. Stop jerking off with monetary policy, hoping the invisible hand will toss you off, and start replacing antiquated technology & infrastructure with new tech. Once again, investment is a function of sales, not rates. Sales is a function of spending, both private and public spending. If I'm seeing sales go up, I'm going to investment in my business - regardless if the cost of my loan is 8%, 12%, or 15%. If I'm not seeing sales, then I won't invest, no matter how attractive the cost of a loan is.
When nongovernment sector spending is too depressed, the only way to revive is for government sector spending to cover that shortfall. If government fails to do that, the result is ALWAYS permanent & involuntary unemployment - which of course leads to poverty and other social and psychological ills.
https://www.patreon.com/SerbanVCEnache
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25.08.2015 23:18 |
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debauchery
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RE: Trump publicly insults and threatens China's president
In all likelyhood televisions can be produced with 3d printers
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25.08.2015 23:24 |
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dragonflare88
Unregistered
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RE: Trump publicly insults and threatens China's president
So much bullshit with the cheap Yuan vis-a-vis the Dollar that Trump tries to scapegoat bad macro & private debt deflation on it. Even if the PBOC would allow the Yuan to revalue, US business still wouldn't be able to compete with chinese manufacturers when it comes to costs. Under a free trade agreement, EU producers couldn't compete with the rest of the world - that's why the EU is so protectionistic when it comes to trade. And that sort of protectionism works to rig things up between the Big members & the Periphery. US doesn't need to start making tvs & tablets to compete with China & Japan & Korea for them high wages. At the same time, the US doesn't need any more fast food workers either, making crappy minimum wage. Stop jerking off with monetary policy, hoping the invisible hand will toss you off, and start replacing antiquated technology & infrastructure with new tech. Once again, investment is a function of sales, not rates. Sales is a function of spending, both private and public spending. If I'm seeing sales go up, I'm going to investment in my business - regardless if the cost of my loan is 8%, 12%, or 15%. If I'm not seeing sales, then I won't invest, no matter how attractive the cost of a loan is.
When nongovernment sector spending is too depressed, the only way to revive is for government sector spending to cover that shortfall. If government fails to do that, the result is ALWAYS permanent & involuntary unemployment - which of course leads to poverty and other social and psychological ills.
Why can't the government create a surplus of jobs as a safety net?
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26.08.2015 02:57 |
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Edvard Kardelj
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RE: Trump publicly insults and threatens China's president
Trump's goal is not, nor has ever been, the Presidency.
Donald Trump is Zaphod Beeblebrox. He genuinely doesn't give one fuck about anything other than having a good time. The appeals to people who wish they could get away with the kinds of things Trump gets away with. Who doesn't want to bare his ass at the media and tell Fox News reporters to suck the shit out of your crack? Has anyone here never dreamt of getting in front of a camera, being asked by some self-appointed expert something about how to solve the world's problems, only to let off a loud belch directly into the microphone ?
If Trump does win, no one will be more shocked than Trump himself. He will then become the rock star President so many idiots desire. This of course entails the sort of thing rock stars are known for- like fucking a hooker on stage while snorting a line of coke with a rolled up copy of the Constitution.
And you know, it'd serve us right for thinking one man could solve anything, anyway. Why do we imbue so much responsibility and give so much credit to the Presidency? We could just solve our own problems by finding ways to work together, rather than hero worshipping everyone who wins a stupid election.
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26.08.2015 03:13 |
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Helsworth
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RE: Trump publicly insults and threatens China's president
So much bullshit with the cheap Yuan vis-a-vis the Dollar that Trump tries to scapegoat bad macro & private debt deflation on it. Even if the PBOC would allow the Yuan to revalue, US business still wouldn't be able to compete with chinese manufacturers when it comes to costs. Under a free trade agreement, EU producers couldn't compete with the rest of the world - that's why the EU is so protectionistic when it comes to trade. And that sort of protectionism works to rig things up between the Big members & the Periphery. US doesn't need to start making tvs & tablets to compete with China & Japan & Korea for them high wages. At the same time, the US doesn't need any more fast food workers either, making crappy minimum wage. Stop jerking off with monetary policy, hoping the invisible hand will toss you off, and start replacing antiquated technology & infrastructure with new tech. Once again, investment is a function of sales, not rates. Sales is a function of spending, both private and public spending. If I'm seeing sales go up, I'm going to investment in my business - regardless if the cost of my loan is 8%, 12%, or 15%. If I'm not seeing sales, then I won't invest, no matter how attractive the cost of a loan is.
When nongovernment sector spending is too depressed, the only way to revive is for government sector spending to cover that shortfall. If government fails to do that, the result is ALWAYS permanent & involuntary unemployment - which of course leads to poverty and other social and psychological ills.
Why can't the government create a surplus of jobs as a safety net?
Of course it can, through a voluntary Job Guarantee.
Simulating the Logic, Effects, and Costs of the Job Guarantee
(Take your time and study every slide ^_~)
https://prezi.com/gpdff4g-kuqz/simulatin...ntee-2015/
https://www.patreon.com/SerbanVCEnache
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26.08.2015 07:21 |
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