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Khenpal1 · M
High oil price , spend like 10 bil
on on amunition, taad radar gone price 500 mill , deployment of navy 15 billion. Loses in other countries in region around 70 billions and loses to trade around 100 billions. Irans uran is deep under ground. So lets say trump owns world 2 trillion dollars extra.
on on amunition, taad radar gone price 500 mill , deployment of navy 15 billion. Loses in other countries in region around 70 billions and loses to trade around 100 billions. Irans uran is deep under ground. So lets say trump owns world 2 trillion dollars extra.
samueltyler2 · 80-89, M
@Khenpal1 but he says our economy is booming! if you spend money without earning it, you do into deficit, by definition!
Khenpal1 · M
@samueltyler2 There is lack of ammunition , to replace it , it may take 3 years and cost 40 billion. Oil price went up from 30 to 120. To replace military loses onother 50 billion. Only thing booming are arms manufactors bank accounts. The rest is paying with higher deficit, higher borowing cost etc.
samueltyler2 · 80-89, M
@Khenpal1 I think you missed the point. Who do you think will pay for replacement of ammunition, etc.? The money has to come from somewhere. If the government simply prints more money, that depresses the value of the currency, otherwise, it has to come from new taxes or be siphoned from other activity. We need to provide better health care and education, siphoning funds from those activities will be devastating to the future.
whowasthatmaskedman · 70-79, M
@Khenpal1 Put it on Amex. Its not like Trump was every going to pay the bill anyway. The whole world needs to take a careful look at Trumps "business" history. Half a dozen bankruptcies and dozens of defaults and failed court judgements. Thats how he rolls. And thats precisely how he intends to treat anyone he deals with. Why would he do any different than what he has always done?😷
samueltyler2 · 80-89, M
@whowasthatmaskedman He always manages to increase his personal fortune!
whowasthatmaskedman · 70-79, M
@Wiseacre I dont understand the question. Which part am I supposed to explain? American exceptalism? A Biased Media. A degraded public education system or the gradual creation of an underclass while the political and and judicial system is co opted by money and corrupted by power? And dont get me started on Religion, American style.😷
samueltyler2 · 80-89, M
@whowasthatmaskedman not dissimilar to Germany in the 1930s!
whowasthatmaskedman · 70-79, M
@samueltyler2 Yes. Some subtle differences, compensated for by the fact the Americans seem easier to manipulate..😷
independentone · M
@samueltyler2 No, that was a misspelling, he meant bombing not booming