45th President of the United States, Donald Trump. Vol 2

[Eric Mc]

Is that what he was elected to do - annoy people?

Or was it to run the country?

[Hosenbugler]

Eric Mc said:

Is that what he was elected to do - annoy people?

Or was it to run the country?

He's running the country when stupid people are squawking over soundbites. TM is doing similar. Easy to argue to the contary.....but makes sense.

[Eric Mc]

Funkycoldribena said:

Eric Mc said:

Is that what he was elected to do - annoy people?

Or was it to run the country?

Both.

He is succeeding in the former.

Not so sure about the latter.

He is addressing Congress on Tuesday. That should be interesting.

[jmorgan]

Eric Mc said:

He is addressing Congress on Tuesday. That should be interesting.

Contents of address.

Bad press.
Fake News.
I am great.
Fake news.
Press are bad.
Fake news.
Mexicans gonna pay.
Roundup all with no US passport and show then the border.
Fake news.

[anonymous-user]

Eric Mc said:

Spending huge amount of money on arms and expanding the military is a one way ticket to bankruptcy. It only provides jobs and security - for a while.

How does a country with its own central bank go bankrupt?

[Eric Mc]

If a bank can go bankrupt, then a country that owns a bank can go bankrupt too.

[Eric Mc]

jmorgan said:

Contents of address.

Bad press.
Fake News.
I am great.
Fake news.
Press are bad.
Fake news.
Mexicans gonna pay.
Roundup all with no US passport and show then the border.
Fake news.

Wow - you got a preview.

I wonder will he get around of applause as he enters the chamber. Sitting Presidents usually do.

[anonymous-user]

Eric Mc said:

If a bank can go bankrupt, then a country that owns a bank can go bankrupt too.

Wrong.

[Eric Mc]

jsf said:

Eric Mc said:

If a bank can go bankrupt, then a country that owns a bank can go bankrupt too.

Wrong.

That's me told.

[s2art]

jsf said:

Eric Mc said:

If a bank can go bankrupt, then a country that owns a bank can go bankrupt too.

Wrong.

Partly wrong. For instance Ireland can go bankrupt because it cant print its own money.

[Eric Mc]

Printing its own money doesn't magically make a country solvent again - as a number of countries have found to their cost at various times in history.

[turbobloke]

Eric Mc said:

The BBC is not really of concern to him, although Brits might get in a bit of a tizz about it. It's the large US news corporations that will be seething about his attitude and his actions - and he makes enemies of them at his peril.

From the start of the campaign the section targeted by Trump's exclusion regarded Trump as the enemy, their coverage was serial character assassination with occasional spells reminding Trump that he couldn't possibly win what more he has to lose by taking them on in his way is marginal if anything at all. Not that I think it's the way to go once installed as President but he's decided to go that way so that's the way it is. At least the entertainment factor remains high.

[anonymous-user]

s2art said:

jsf said:

Eric Mc said:

If a bank can go bankrupt, then a country that owns a bank can go bankrupt too.

Wrong.

Partly wrong. For instance Ireland can go bankrupt because it cant print its own money.

Fully wrong, as far as Eurozone countries go they are no longer a country with their own central bank in control of their currency. They are effectively no longer sovereign nation states.

The USA is not in this situation and can not go bankrupt, same situation for the UK too.

The currency can devalue in the USA/UK, but they cant go bankrupt.

Edited by anonymous-user on Sunday 26th February 17:15

[Eric Mc]

turbobloke said:

Eric Mc said:

The BBC is not really of concern to him, although Brits might get in a bit of a tizz about it. It's the large US news corporations that will be seething about his attitude and his actions - and he makes enemies of them at his peril.

From the start of the campaign the section targeted by Trump's exclusion regarded Trump as the enemy, their coverage was serial character assassination with occasional spells reminding Trump that he couldn't possibly win what more he has to lose by taking them on in his way is marginal if anything at all. Not that I think it's the way to go once installed as President but he's decided to go that way so that's the way it is. At least the entertainment factor remains high.

Yes - but Trump will say "So what. Who are the BBC anyway".

If he blanks NBC, CBS, ABC, CNN, Washington Post, New York Times etc THAT is of far more importance.
Or, if he continues to hurl abuse at the media, even those he currently looks on as "friendlies" will turn against him.

[Eric Mc]

jsf said:

Fully wrong, as far as Eurozone countries go they are no longer a country with their own central bank. They are effectively no longer sovereign nation states.

The USA is not in this situation and can not go bankrupt, same situation for the UK too.

The currency can devalue in the USA/UK, but they cant go bankrupt.

What is your definition of "bankrupt" then?

[anonymous-user]

jsf said:

Eric Mc said:

If a bank can go bankrupt, then a country that owns a bank can go bankrupt too.

Wrong.

Tell that to Zimbabwe.

Not that this has anything to do with the thread.

[anonymous-user]

Eric Mc said:

What is your definition of "bankrupt" then?

The same as everyone else uses. Try looking up what it means yourself.

Countries with their own currency cant go bankrupt.

[Eric Mc]

jsf said:

Eric Mc said:

What is your definition of "bankrupt" then?

The same as everyone else uses. Try looking up what it means yourself.

Countries with their own currency cant go bankrupt.

Tell me, specifically, what you mean by "bankruptcy". Don't try to deflect the question.

You MAY be using a strict definition in that as long as the country can still print money it can pay its debts. That is the "baby" definition. Those who are receiving that "funny money" as payment of what they are owed might not look on those debts as being cleared.

In the real world, printing more and more money fixes precisely nothing and usually sends your country into a tailspin of economic chaos and hardship for its citizens.

When you have to explain to a man or woman who is standing in line for a soup kitchen that, "Hey, it's OK, the country's not REALLY bankrupt" I'm sure he or she will be very pleased to hear it - just before they lamp you one.

[turbobloke]

Eric Mc said:

Or, if he continues to hurl abuse at the media, even those he currently looks on as "friendlies" will turn against him.

Which would be looked on as friendly? An interesting question. According to that paragon of virtue and veracity aka the BBC there were more than 200 newspapers supporting Clinton while kicking the shine out of Donald on a daily basis. Except for the weeklies which did so on a weekly basis. Trump 'enjoyed' the backing of fewer than 20 and as the beeb put it: "even some of this support was half-hearted, to say the least. The best the Fort Wayne News Sentinel could come up with was "Thank God for Mike Pence".

[anonymous-user]

jsf said:

Eric Mc said:

What is your definition of "bankrupt" then?

The same as everyone else uses. Try looking up what it means yourself.

Countries with their own currency cant go bankrupt.

What do you classify sovereign debt default as?