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Trump thinks he is God
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2019-09-07 at 12:18 PM UTC
Originally posted by Rear Naked Joke Uhm, that's the other number.
However I was in fact wrong: 16.5% of GDP is actually the tax revenue itself.
https://fred.stlouisfed.org/series/FYFRGDA188S
The deficit is an additional 3.5% so the ratio is even smaller!
And that's only federal, state taxes are about 11% additional.
https://www.oecd.org/tax/revenue-statistics-united-states.pdf
https://fred.stlouisfed.org/series/GFDEGDQ188S
what does this mean ? -
2019-09-07 at 12:21 PM UTC
Originally posted by G4LM Why are you arguing with an Australian about American politics? He doesn't get the same news we do, which is obvious by his calling trump a figurehead.
Puppet, yes. But the damage is real and the economy has suffered since he took office. Not to mention America's reputation.
Because an Australian went and shot up a mosque on this exact sphere of misinformation from the American right, about the American left.
Once upon the time the internet was not srs bzns and anyone who got concerned over stupidity, they were just a fag.
Now it very much is, as evidenced by incel virgins going to kill people based on 4chin memes, and it's obvious that that type of culture of openness and thick skin was and is still exploited by actual racists and shit who slip into "hehehe we're all just joking right guys? Right? Le Pepe frog feelsbadman kek! Feminism is jedis ruining western civilization btw. Kek lollers!" when in reality these are bat signals for everyone who doesn't take it as a Joe while those who do simply ignore it. -
2019-09-07 at 12:23 PM UTC
Originally posted by vindicktive vinny
https://fred.stlouisfed.org/series/GFDEGDQ188S
what does this mean ?
That's the total national debt, not YOY. That's the debt we are perfectly capable of servicing while taking on more at about a 3-4% rate per year. -
2019-09-07 at 12:27 PM UTCAnd no, America will ever have 0 debt, not because that's impossible but because debt is not a bad thing.
This is what financial leverage is about. No we don't need or even want 0 debt because that is leaving money on the table. -
2019-09-07 at 2:05 PM UTC
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2019-09-07 at 3:16 PM UTC
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2019-09-07 at 4:14 PM UTC
Originally posted by Rear Naked Joke That's the total national debt, not YOY. That's the debt we are perfectly capable of servicing while taking on more at about a 3-4% rate per year.
not even remotely close. : picard:
https://fredblog.stlouisfed.org/2017/02/two-tales-of-federal-debt/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblogThe top graph shows the federal debt as a share of GDP. You want to compute such a share because the federal debt over long horizons depends on the size of the economy. There’s been a marked increase in debt in response to the past recession, and it has leveled off at about 100% of annual GDP. Some consider that high. Some consider that too high.
The bottom graph multiplies the series above by the 10-year Treasury rate. This represents how much the debt costs, as a share of GDP. Here we see the cost is remarkably low—of course, thanks to low interest rates. Note that this is an approximation, as not all debt is in 10-year Treasuries and the issue dates vary greatly in the portfolio. But including other interest rates gives the same general picture. Looking from this angle, some consider the debt to be too low.
tl/dr :
basically this
https://fred.stlouisfed.org/series/GFDEGDQ188S
is the graph that men who wanted truth use, while this
https://fred.stlouisfed.org/series/FYFRGDA188S
is the graph that boys who tuck their heads under the pillows to make their uncles, and his friends, and the things they're about to do, go away. -
2019-09-07 at 4:25 PM UTC
Originally posted by Rear Naked Joke And no, America will ever have 0 debt, not because that's impossible but because debt is not a bad thing.
This is what financial leverage is about. No we don't need or even want 0 debt because that is leaving money on the table.
no. this is another popular american financial superstition, that credit is good.
credits are good but not for the creditee, they're only good for the creditors because creditors make a profit from the credits given to the creditees. "the angels' share".
except in this case the angels have very pronounced hooked-noses.
leverage is not good either. leverages is just another term for having other people's cock up your ass. it only spunds like it has some positive connotation, but its not.
like credit ratings. its an indicatpr of how good of a little bitch you are.
to them. -
2019-09-07 at 5:43 PM UTCDid he tell you that himself? Must be nice to be friends with the president. Lol lol
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2019-09-07 at 6:24 PM UTC
Originally posted by vindicktive vinny not even remotely close. : picard:
https://fredblog.stlouisfed.org/2017/02/two-tales-of-federal-debt/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog
tl/dr :
basically this
https://fred.stlouisfed.org/series/GFDEGDQ188S
is the graph that men who wanted truth use, while this
https://fred.stlouisfed.org/series/FYFRGDA188S
is the graph that boys who tuck their heads under the pillows to make their uncles, and his friends, and the things they're about to do, go away.
Uuuuuh so an additional ~1.5% over 10 years? Great. Are you having trouble reading? That literally proves my point. -
2019-09-07 at 6:25 PM UTC
Originally posted by vindicktive vinny no. this is another popular american financial superstition, that credit is good.
credits are good but not for the creditee, they're only good for the creditors because creditors make a profit from the credits given to the creditees. "the angels' share".
except in this case the angels have very pronounced hooked-noses.
leverage is not good either. leverages is just another term for having other people's cock up your ass. it only spunds like it has some positive connotation, but its not.
like credit ratings. its an indicatpr of how good of a little bitch you are.
to them.
You are retarded. More money = bigger scale and more profits.
You are basically just insisting on completely retarded shit contrary to any actual financial or economic sense. Doesn't make it true dog. -
2019-09-08 at 2:37 AM UTC
Originally posted by RottenRobert Here is the six Trump corporate bankruptcies. The details are a matter of public record and have been widely published by the news mediah.
01 of 06
1991: Trump Taj Mahal
02 of 06
1992: Trump Castle Hotel & Casino
03 of 06
1992: Trump Plaza Casino
04 of 06
1992: Trump Plaza Hotel
05 of 06
2004: Trump Hotels & Casino Resorts
06 of 06
2009: Trump Entertainment Resorts
It has to be a consorment of BK filed one time in 1991 for both 1991 and the 92 business. with maybe 2004 as a delayed BK. because you're only allowed to file for bankruptcy (BK) once every 7 years. (or maybe it's 3) -
2019-09-08 at 2:38 AM UTCIt’s 7, but I’m sure he had slimy attorneys take care of that.
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2019-09-08 at 3:51 AM UTC
Originally posted by Rear Naked Joke Uuuuuh so an additional ~1.5% over 10 years? Great. Are you having trouble reading? That literally proves my point.
if and when i owe you $100, you say i owe you $100, not $1 over 100 days.
when you buy an aplliance for a thousand dollars, you buy it for a thousand dollars, and only the juden store and their juden credit facilitators will convince you that you bought it for a dollar a day, or $7 per week, for over 3 years.
you can keep tucking your head under the pillows, but your uncles and his friends arent going to magically go away. neither is that sharp, searing pain in your ass. -
2019-09-08 at 3:56 AM UTC
Originally posted by vindicktive vinny if and when i owe you $100, you say i owe you $100, not $1 over 100 days.
when you buy an aplliance for a thousand dollars, you buy it for a thousand dollars, and only the juden store and their juden credit facilitators will convince you that you bought it for a dollar a day, or $7 per week, for over 3 years.
you can keep tucking your head under the pillows, but your uncles and his friends arent going to magically go away. neither is that sharp, searing pain in your ass.
Just shut up. You are embarassing yourself -
2019-09-08 at 3:58 AM UTC
Originally posted by Rear Naked Joke You are retarded. More money = bigger scale and more profits.
You are basically just insisting on completely retarded shit contrary to any actual financial or economic sense. Doesn't make it true dog.
ok, since you are so ignorant and retarded i have no choice but to show you what does leveraged means with visual aid that are used to tell kids what the word means.
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2019-09-08 at 4:01 AM UTC
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2019-09-08 at 4:11 AM UTC
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2019-09-08 at 4:21 AM UTC
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2019-09-08 at 4:30 AM UTC