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Thread: The Donald Trump thread

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  1. #1

    Re: The Donald Trump thread

    Old Don announced new trade tariffs yesterday. By way of a change, they're not on China but European goods (Jock whisky, French wine and Italian cheese). The way he's going he'll tariff and/or sanction the world, except for Israel because (shock, horror) that would be anti-Semitic and we can't have that. Practically every economic indicator is suggesting a global recession is on the horizon, and those Trumpton is fronting for appear intent on engineering a depression.

    90 years ago in 1929 the bankers behind the curtain made the Great Depression happen. They did so by filling every crack and crevice with easily available credit (debt) which also had the effect of creating huge bubbles in property prices and stock markets. They've played the same hand for the past 10 years and, like then, they're withdrawing their support. What's coming will become known as the Greatest Depression because people will need to suffer much more than then in order to passively accept the elimination of cash and sovereignty to a supranational authority as a (temporary) solution to their privations. Of course, the ultra obnoxious blowhard in the White House is the willing patsy.

  2. #2

    Re: The Donald Trump thread

    Quote Originally Posted by Organ Morgan. View Post
    Old Don announced new trade tariffs yesterday. By way of a change, they're not on China but European goods (Jock whisky, French wine and Italian cheese). The way he's going he'll tariff and/or sanction the world, except for Israel because (shock, horror) that would be anti-Semitic and we can't have that. Practically every economic indicator is suggesting a global recession is on the horizon, and those Trumpton is fronting for appear intent on engineering a depression.

    90 years ago in 1929 the bankers behind the curtain made the Great Depression happen. They did so by filling every crack and crevice with easily available credit (debt) which also had the effect of creating huge bubbles in property prices and stock markets. They've played the same hand for the past 10 years and, like then, they're withdrawing their support. What's coming will become known as the Greatest Depression because people will need to suffer much more than then in order to passively accept the elimination of cash and sovereignty to a supranational authority as a (temporary) solution to their privations. Of course, the ultra obnoxious blowhard in the White House is the willing patsy.
    I love a bit of doom & gloom, but the way I see it ol' Trumpy is engineering a global trade reset, which is not in the interests of the globalists or the banksters. However, now would be a great time to get out of the EU, cos it's not going to last now that the free money is coming to an end!

  3. #3

    Re: The Donald Trump thread

    Quote Originally Posted by Wales-Bales View Post
    I love a bit of doom & gloom, but the way I see it ol' Trumpy is engineering a global trade reset, which is not in the interests of the globalists or the banksters. However, now would be a great time to get out of the EU, cos it's not going to last now that the free money is coming to an end!
    The WTI oil price is $51 per barrel right now. That's around 7% lower than what it stood at before the recent attack on a Saudi oil installation which saw the price spike by 17% in its immediate aftermath. On October 3rd 2018 WTI was $75 per barrel, or 31% more than today. Its decline is a huge sign of weakening demand amongst world economies. It would be much lower too but for virtually all of Venezuelan and Iranian production being unavailable due to U.S. sanctions.

  4. #4

    Re: The Donald Trump thread

    Quote Originally Posted by Organ Morgan. View Post
    The WTI oil price is $51 per barrel right now. That's around 7% lower than what it stood at before the recent attack on a Saudi oil installation which saw the price spike by 17% in its immediate aftermath. On October 3rd 2018 WTI was $75 per barrel, or 31% more than today. Its decline is a huge sign of weakening demand amongst world economies. It would be much lower too but for virtually all of Venezuelan and Iranian production being unavailable due to U.S. sanctions.
    I understand what you are saying, but they have been trying to get rid of Trump since before he even became president.

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