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Thread: O/T:- Trump Presidency 2.0 [hic sunt dracones]

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  1. #1
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    Apr 2005
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    Quote Originally Posted by BigFatPie View Post
    I tried to teach my dog Chinese, with similar results.
    You faced a Boxer Rebellion ?

  2. #2
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    Feb 2008
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    Quote Originally Posted by Lullapie View Post
    He?ll have a job with the dollar. There?s money flooding into the US since the election. I believe that the US will end up with a strong dollar and a strong economy. It does happen with some successful economies.

    Biden borrowed and wasted so much money (and is continuing with that in his last few days) trying to scupper Trump.

    Biden should be investigated for treason. The left are so bitter- you can see where their followers get it from.
    Why don't you just admit you have no idea what you're talking about, but you like the sound of 'strong dollar' better than 'weak dollar' because strong sounds more manly? I mean that is genuinely where this conversation is going, isn't it?

    Look up China currency manipulation and come back and tell me if they try to make their currency stronger or weaker.

  3. #3
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    Quote Originally Posted by drillerpie View Post
    Why don't you just admit you have no idea what you're talking about, but you like the sound of 'strong dollar' better than 'weak dollar' because strong sounds more manly? I mean that is genuinely where this conversation is going, isn't it?

    Look up China currency manipulation and come back and tell me if they try to make their currency stronger or weaker.
    I was being polite and I feel that you don't really understand what you are talking about. I'm unaware how much you deal with foreign currency transactions day by day, but with our business buying products from the US, Canada, UK and India, it is a big part of my daily routine.

    You said that Trump's policies were inflationary and I asked for proof with regards to your comments, while providing proof of when we experienced Trump 1.0. - Nothing, just abuse.

    You are confusing the world largest economy with small town economics. The US has always been an anomaly when it comes to economics, because it is often the exception to the rule. In fact, the US normally invents the rules.

    You seem to like the sound of your own voice, but when questioned about your comments, you get abusive. You're like the Geordie mouse in Creature Comforts.

    So, back to Trump. The surge in the US$ is purely down to the confidence that the world markets have in Trump. This happened in 2016 and after 2016, the US$ settled down and it's value began to fall.

    I know generally a strong economy needs a weak currency to flourish - but this is only a short term fix. Bearing in mind that so much is bought and sold in US$, this makes it difficult for the US to achieve this. That's why I say, Trump will be aiming for a strong economy and therefore a strong currency. If the economy is buoyant in the US (the world's biggest consumer), then money will flood into the dollar - making it stronger. I thought that bit was easy to follow.

    There's a famous piece by Jeffrey Frankel, an international economist, where he talks about the fact that it would be favourable for the US to have a strong currency and a strong economy. The irony is that he was talking about the dollar when Obama was in power and Frankel is as anti-Trump as you can get.

  4. #4
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    Quote Originally Posted by BigFatPie View Post
    I see the FTSEs booming today, does that make Rachel from accounts a financial genius?
    Only time will tell.

  5. #5
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    Quote Originally Posted by Med Pie View Post
    Just can't leave it behind can you, you realise that EU economies are faring worse that the UK? What would be the benefit, more cheap labour for millionaire factory owners and farmers, even more, foreign students?

    If Starmer slides us back in to the EU, he will be as reviled as Thatcher.

    The UK isn't the only country which is sick of 'incomers' btw, Spain has just announced the intention to impose 100% tax on none EU, property buyers.
    I wonder what Cyprus thinks about incomes?

  6. #6
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    Quote Originally Posted by Med Pie View Post
    Just can't leave it behind can you, you realise that EU economies are faring worse that the UK? What would be the benefit, more cheap labour for millionaire factory owners and farmers, even more, foreign students?

    If Starmer slides us back in to the EU, he will be as reviled as Thatcher.

    The UK isn't the only country which is sick of 'incomers' btw, Spain has just announced the intention to impose 100% tax on none EU, property buyers.
    I wonder what Cyprus thinks about incomers?

  7. #7
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    Quote Originally Posted by BigFatPie View Post
    Add in inflation being lower than expected fuelling the expectation of interest rate cuts. Gilt yields are down as well.

    Politicians have little control over many of these factors, calls for her to resign were as ridiculous as me coming on here claiming she deserves credit for some of the numbers now going the right way. She?s been chancellor for just over 6 months. Even more ridiculous is people trying to give Trump credit for stuff he hasnt been near yet.

    In the UK the best thing we could do to get the numbers going the right way long term would be to rejoin the single market and customs union. I see Badenoch is taking the first baby steps to acknowledge what a colossal eff up the whole Brexit thing has been. It wouldnt surprise me at all if the Tories became pro more EU integration before Labour. They will if they have any sense.
    I think it's more wishful thinking on your part.

  8. #8
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    Originally Posted by Jampie View Post
    You aren't wrong at all, you are completely correct.

    Both the left and right of politics have actually shifted to the right during past decade or two. Those in the murdoch press bubble now routinely flag moderate left or even moderate right politicians, political views and civilians as "far left". It's complete nonsense, no matter how many times they repeat it.

    Wanting companies to pay tax is a moderate view, not far left.

    Wanting healthcare for the public is a moderate view, not far left.

    Wanting companies to obey laws is a moderate view, not far left.

    Wanting democratic norms is a moderate view, not far left.

    Wanting to counter a dictator who invades his democratic neighbours is a moderate view, not far left.




    The problem with your comments is that I believe you tell a few porkies. We had a robust discussion on here a few months ago and you started out by saying that you were a businessman. I've met many 'businessmen' in my life and deal with many day to day. I also owned a business in the UK for 20 years before emigrating. I've never heard any businessman be so 'socialistic' in their views as yourself.

    They are more based on ideology than entrepreneurialism.


    All of the above you have stated is what all 'moderate' people would want. I believe that everybody on here is moderate in general but YOU'RE language, in my opinion, is very left-wing.

    What about wanting a social welfare or health system that isn't being abused and therefore available to all when needed?
    What about ensuring that EVERYBODY pays their correct share of tax?
    What about ALL individuals obeying laws?
    What about ensuring that ALL countries, irrespective of who their leaders are, stick to their legal and predefined borders?

    With regards to your business interests, were you the tour manager for Chumbawumba?

  9. #9
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    Sep 2020
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    Quote Originally Posted by Lullapie View Post
    Originally Posted by Jampie View Post
    You aren't wrong at all, you are completely correct.

    Both the left and right of politics have actually shifted to the right during past decade or two. Those in the murdoch press bubble now routinely flag moderate left or even moderate right politicians, political views and civilians as "far left". It's complete nonsense, no matter how many times they repeat it.

    Wanting companies to pay tax is a moderate view, not far left.

    Wanting healthcare for the public is a moderate view, not far left.

    Wanting companies to obey laws is a moderate view, not far left.

    Wanting democratic norms is a moderate view, not far left.

    Wanting to counter a dictator who invades his democratic neighbours is a moderate view, not far left.




    The problem with your comments is that I believe you tell a few porkies. We had a robust discussion on here a few months ago and you started out by saying that you were a businessman. I've met many 'businessmen' in my life and deal with many day to day. I also owned a business in the UK for 20 years before emigrating. I've never heard any businessman be so 'socialistic' in their views as yourself.

    They are more based on ideology than entrepreneurialism.
    I've known plenty of people right across the political spectrum who are in business. Yeah the top end of town tends to be dominated by right wing people (self interest can be self-reinforcing up there), but holding left wing views doesn't lock you out of any career or business in and of themselves.

    Your worldview always strikes me as incredibly narrow. You seem to live in a bubble where you only communicate with like-minded people.

    Quote Originally Posted by Lullapie View Post
    All of the above you have stated is what all 'moderate' people would want. I believe that everybody on here is moderate in general but YOU'RE language, in my opinion, is very left-wing.

    What about wanting a social welfare or health system that isn't being abused and therefore available to all when needed?
    What about ensuring that EVERYBODY pays their correct share of tax?
    What about ALL individuals obeying laws?
    What about ensuring that ALL countries, irrespective of who their leaders are, stick to their legal and predefined borders?

    With regards to your business interests, were you the tour manager for Chumbawumba?
    Those are all moderate views as well IMO. Wanting business to pay tax does not somehow preclude wanting individuals to pay it. But when you have massive multinationals paying next to nothing and individuals lumping in almost half in some cases, obviously the system needs work.

    I don't work in the music industry, no.

  10. #10
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    Nov 2004
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    35,943
    Quote Originally Posted by Jampie View Post
    Your worldview always strikes me as incredibly narrow. You seem to live in a bubble where you only communicate with like-minded people.
    Lullapie has repeatedly told us that he's very well travelled, has a very wide circle of friends, and has met thousands of people from many countries and all walks of life. It seems there's very little he hasn't done.

    It's probably just coincidence that every one of those people always agree with his views!

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