In an interview Thursday on CNBC, Donald Trump broke with tired clichés about the evils of federal debt accumulation. "I am the king of debt," he said. "I love debt. I love playing with it."
But he replaced fearmongering about debt with an even more alarming notion — a bankruptcy of the United States federal government that would incinerate the world economy.
"I would borrow, knowing that if the economy crashed, you could make a deal," Trump said. "And if the economy was good, it was good. So therefore, you can't lose."
With his statement, Trump not only revealed a dangerous ignorance about the operation of the national monetary system and the global economic order, but also offered a brilliant case study in the profound risks of attempting to apply the logic of a private business enterprise to the task of running the United States of America.
http://www.vox.com/2016/5/6/11607464/trump-haircut-default-debt
not to worry he's just a Hillary plant
>>73194657
Some people just want to watch the world burn.
I'm ok with this.
If you remember, the government shut down under Obama. It's going to self destruct because of all the crooked people that operate it, we will finally have DOTR, and we can create a government that's not for the corporation, by the corporation.
Let it burn.
Surely some trumplets have something to say about this?
>>73195229
>This is what Trumplets actually believe
Holy fuck you traitors need to hang.
>Trump is either a savior or an accelerationist
Either option is preferable to the slow decay we are currently subject to.
Implying that is more extreme than my own personal opinions
Pro tip: I think worse things before breakfast
>>73195317
Traitor? The well has been poisoned we need to dump out the water, clean the well and let it fill up again
>>73194657
Trump knows what's up.
We need this crisis. We needed it last year. If we don't crash it by the end of this year it will be a disaster.
>>73195317
You are an uneducated retard and your opinion is irrelevant.
Get an actual degree and read some books on finance then come back here.
>>73195646
Not an argument.
Economist here.
There is nothing wrong with the debt we hold as a country.
Remember how China holds so much of our debt? Yeah, they've been selling it back to us and to other countries in an attempt to keep their currency fixes going and not crash their economy over and over again.
People buy US debt because it's a stable investment, with next to zero risk involved.
Most of our debt comes in the form of bonds that mature little by little, and it's also constantly revolving.
The last time we paid off our debt, it caused a recession that we needed to borrow to get out of. That's why we put Jackson on the 20, as a "This dumbass HATES federally backed currency, let's troll him."
never thought about it that way
>>73195719
I don't need to present an argument to an art major retard, who doesn't know how the economy works.
>>73195720
Read the article.
How much are you guys making each post? I want to make some money too. :^)
>>73195773
You don't know jack shit about me or my credentials. If faggots like you had your way, the world economy would be in flames with billions starving. Don't come at me as if you have a single fucking clue what you're talking about if all you have to contribute are personal attacks on someone you don't even know.
>>73194657
Crashing this economy, with no survivors!
So when America goes bankrupt, who's gonna bail them out?
>>73195317
I didn't fuck it up, retard. I realize it's broken and putting a band aid, over a band aid, over a band aid, just means it's all going to go horrible for later generations.
I'm not a vagina, like you. I axially want to change it. It's so broken, the only way to successfully do so, is burn it down.
Revolution is coming brother, and we will be happy to hang you when it happens. I'm fit, well stocked, and ready for DOTR.
Your going to sit and home and shit yourself when people like me build a better America on the bones of you faggots.
>>73194657
>Trump will borrow money from gooks and then devalue the currency
Sounds like a good plan. Fuck the gooks.
>>73194657
>"I would borrow, knowing that if the economy crashed, you could make a deal," Trump said.
RIP in peace amerifats
>>73196143
You're not gonna do jack shit. What's going to happen is that your beloved retard Trump is going to crash and burn in November and Hillary is going to make sure we don't destroy the world economy like Trump wants to. You may be a complete delusional jackass, but the American people know better than to follow this idiot off a cliff.
>>73196143
>axially
>>73196361
Sure she is. I mean we've had presidents run the country before from jail, right?
>>73195921
I know that I made yuuuge shekels since august of HUI and TVIX.
Because the stock markets and the investment banking is a huge bubble that's can't be contained by the quantitative easing anymore.
They had to let it crash in 2008, instead they held afloat of helicopter money, but there is only so long you can do it.
The economy doesn't exist, it's a hoax and the markets volatility proves the traders and investors have lost the trust in it.
The Fed and the ECB can't announce another quantitative easing because while the oil markets are stagnant it will make the currencies spin into hyperinflation, neither they can raise the interest rates, because the moment they do the bubble will pop.
The global financial collapse is being postponed by the use of reserves since September and every bank is bracing for it and introducing emergency measures.
But the longer they keep doing it, the bigger the crash will be. It's all over, faggot, it has been over for a while.
I will make yuuuuge shekels of it and finally buy the Lamborghini I want, you will starve, because you should've gotent a real degree.
>>73194657
>Government collapses
>total anarchy/civil war
>no police around
>niggers and non whites continue to murder each other
>without the police to control them niggers eventually kill each other off
I see no problem here
>>73196704
what exactly is a bubble? at what moment does it pop and what happens afterwards?
>>73194657
He has my support.
1. Destroy NAFTA to build Wall.
2. Bankrupt the US and hold banks hostage.
3. Destroy international relations and disrupt geopolitics.
Who wouldn't support this?
>>73195968
This just makes it even more exciting. Further proof that this man is Bane incarnate.
>>73197011
Bubble means overvaluation. The stock markets are overvalued by about 120%, the loan banking by about 300% which means most of the economy is air, held together by printing money.
There are more bubbles than you can count, stock bubble, tech bubble, debt bubble, loan bubble (especially the US student loans), housing bubble in Europe, production bubble in Asia etc etc etc.
Bursting means the economy is being called out on it's bullshit and returns to nominal values, but snowballs way before them at the initial stage.
>>73197428
one world government when?
>>73197847
>>73197011
And here's what;s been happening for the last year.
The economy didn't make ANY profit, it's been shrinking.
See these August and February crashes? They've been only contained by burning reserve money to bail out the markets.
You fuckers shouldn't even be talking. If any country needs a crash, it's canada. We need someone to pop all these housing bubbles and run this country into the ground before we're fully annexed by China
>>73198186
we're fucked aren't we?
>>73197428
Sorry but America cant afford to be isolationist. We live in a global economy and rely on other nations as other nations rely on us for resources.
it's called negotiating you dumb cunts
we can destroy the world so they have to give in
>>73198376
Sure. Listen to Trump, he knows his shit. The economy has to be carefully crashed as soon as possible, by "carefully" I mean preparing the banks and the blue chip corporations for emergency measures, bailing out the critical sectors be forehead and breaking up the banking.
When it does crash by it's own, despite any measures it will destroy everything on it's way.
>>73197847
>>73198186
Thank you for actually using the charts.
i want the economy to hurry up and crash, it needs to. I don't want to invest any of my money in a market that is so flat, with wild volatility like this.
>>73198628
fuck off faggot. Go back to red.dit where you belong
>>73198684
Why does trump want to audit the fed? As I understand it their monetary policy has put us into a bubble but what exactly would an audit do?
>>73198724
Into leveraged volatility indexes. You can make money on volatility, I do.
>>73198724
I don't know about you but I've made 25% this year so far on gold and oil stocks.
>>73196361
If you haven't tucked you tail and ran, yet, I encourage you to read this thread.
Most of the citizens of the world agree with me, and find your position senseless.
attention hillary shills:
how muych do you get paid to post boring and incredibly obvious talking points to an anonymous cartoon porn website? you guys suck, lol. anyone who's been on pol or even 4chan in general for longer than 5 minutes can pick you faggots' posts out of a thread.
you need some old blood
I offer my services as an originalfag who has been trolling SA and 4chan for 13 years. I have 2 SA accounts with regdates of 2002 and 2004 and the 2002 account posted in moot's original 4chan announcement thread in ADTRW back in 2003--in other words, i can prove i'm an originalfag.
anyway, i guarantee that I can be more subtle and effective than any of the reddit scrubs you pay to post. I ask for $3.50 per post. This is a bargain for over 18 years' experience in trolling and shitposting and 13 years on this site alone. hit me up [email protected]
>>73198859
The Fed already gets audited.
>>73198628
t. George Soros
>>73198859
Everyone suspects they've been secretly printing way more money than announced, giving them to the big banks and manipulating the markets.
Everyone, who saw the end of august crash live, has seen these unnatural spikes worth of hundreds of millions. That shit is one of the reasons many traders are afraid to touch the stocks anymore and and started trading commodities.
>>73196704
>They had to let it crash in 2008, instead they held afloat of helicopter money, but there is only so long you can do it.
this is one of the major problems with democracies & terms
you only have to do things that help short-term, long-term doesn't mean shit
lol
Asked whether the United States needed to pay its debts in full, or whether he could negotiate a partial repayment, Mr. Trump told the cable network CNBC, “I would borrow, knowing that if the economy crashed, you could make a deal.”
He added, “And if the economy was good, it was good. So, therefore, you can’t lose.”
-----
99% percent of Normies reading that would think the man was an insane retard and rightly so, he will get crushed in November
>>73194657
Are you seriously surprised by this? Trump went bankrupt several times.
>>73199287
>>73199233
http://www.zerocensorship.com/t/uncensored-hillary-clinton/257325-hillary-clinton-pac-spends-1-million-to-combat-users-on-reddit-and-facebook
>>73199163
that's one of the reasons I don't understand Hillary. They might push it into 2017, but the next president will face literal apocalypse.
It would be easier to let Trump win to blame it all on him.
>>73199342
>It would be easier to let Trump win to blame it all on him.
I'm personally convinced he's the only person that can completely avert the apocalypse.
>>73198628
t. Globalist
>>73199233
You don't know what you're talking about.
So what's the big deal?
>>73198738
You are just as bad as a liberal using those one liners like Racist, xenophobia.
We import oil and do not produce enough to meet our current demands. America can not function with out oil. Pleae think and debate rather than insult.
>>73199536
>>We import oil and do not produce enough to meet our current demands
no we don't you idiot
>>73196014
Heya Leaf! How's things up north! Great to see ya!
>>73196014
that's precisely his point
either they make a deal or the whole world collapses
their choice
>>73199456
As far as I understood it he said Hurr Dude lol Muh economic policy is Lets default on the debt and continue printing more money. It will be YUUGE!
If the economy crashed I make deal with jews and China lmao.
>>73199536
America can pump Russian oil through Alaska 40% cheaper. It would make sense to break up old alliance and form a trade partnership with Russia.
And that's what Trump wants too.
>>>>vox
>>73199688
There is no better way in the current economy. He is 100% right.
>>73194657
How did you think the national debt was going to be handled senpai? Did you think it was going to be paid back?
The options are make a deal or have a civil war and the new government voids the debt, which would you prefer?
>>73199828
Hmmmmm, kind of a reverse The Mouse That Roared.
I like it!
>>73194657
Direct source, please.
>>73199673
You fucking idiot most of your creditors are domestic banks
>>73199903
http://www.nytimes.com/2016/05/07/us/politics/donald-trumps-idea-to-cut-national-debt-get-creditors-to-accept-less.html?_r=0
![bernie_sanders_delivering_speech[1].jpg](https://i.imgur.com/fLLUdl4.jpg "bernie_sanders_delivering_speech[1].jpg")
>>73199688
The longer this shit goes on the worse it will hurt
>>73199903
http://www.nytimes.com/2016/05/07/us/politics/donald-trumps-idea-to-cut-national-debt-get-creditors-to-accept-less.html?_r=0
>>73198628
>>73198738
>>73199440
Y'all are so lost, is it even worth it to try to educate you. America can not function with out imported oil.
>>73199536
>>73199738
24% of our oil consumed in 2015 came from foreign countries, about half of which was from Canada.
We exported more oil than we imported.
https://www.eia.gov/tools/faqs/faq.cfm?id=32&t=6
https://www.eia.gov/tools/faqs/faq.cfm?id=727&t=6
P.S., look up oil shale you idiots. USA has more oil under its soil in the form of shale than the entire rest of the world combined twice over.
>>73200008
we exported more oil than we imported, dumbass
>>73200028
>>73200028
What about Russia, which is ready to trade with US on better terms than anyone else?
>>73199536
I believe I read that there are so many oil reserves currently that they are using tankers for offshore storage instead of transport.
>>73200136
I was just correcting the idiot thinking we're reliant on foreign oil.
The idea that isolationist means zero foreign trade is absolutely retarded to begin with
>>73199897
Personally I think the civil war option is better, but I don't live there.
>>73198864
Leveraged? Aren't you afraid of a sudden market rise for a small time which would fuck you over quite badly because holding volatility indexes fir a long period is suicidal?
Actually interested, I only trade options though
>>73200243
He never said anything about zero foreign trade. He's for zero foreign outsourcing, not trade.
You can always make a deal.
There's no situation this man can't deal his way out of. He's the motherfucking deal-making master.
>>73199828
this
we owe almost $20 trillion USD right now. You cannot imagine $20 trillion USD. We absolutely fucked up in 2008, and we're going to have to pay the price at some point. The further we kick this can the harder it's gonna be.
>>73200369
I was referring to the american poster
>America needs to exist as it does to buy the worlds goods
>If it crashes, so does everyone else, so they have to bail us out
>So there is literally 0 reason not to borrow willy nilly
This fucking guy.
“And if the economy was good, it was good. So, therefore, you can’t lose.”
Wtf does this even mean? This is Keynsianism taken to maximum levels of retard. Doe he actually think he can achieve growth 10+ percent growth levels where he safely can borrow even more money and spend even more than the US does currently?
The current interest rate is fucking 0.25% and they pay 250 billion a year on it. If the US returns to an interest rate of 3% before the crisis it will be spending more on interest than it does on the military and healthcare combined and there is only so long the jews can keep propping this up.
>>73200287
>implying I'm holding them long
You watch the Asian composites futures. You will know when another shitstorm is coming. Then you buy and sell by the end of the day.
Using the collapse of the entire global economy as leverage against others on the planet?
Sounds pretty fucking intelligent to me, you dumb fucks.
>>73200692
it is, shills gonna shill
>>73200542
>>73200287
The recent Nikkei meltdown made me 27% btw. When you know a major index anywhere in the world is going to open -3% you know you should buy.
>>73195317
>traitor
No anon, the global elites that have driven the bus to the edge of this cliff are the traitors. This country, and this world were never meant to be this way. We are martyrs. We will sacrifice what we must to restore order and justice.
>>73200542
Im assuming you trade leveraged VIX?
Do you ever play the volitility say a day before a US economic report to try to cash in case of a negative economic report or do you find that too risky?
>>73194657
This is just too much. I can no longer support Trump, I am now #Cruzmissle
>>73196266
If it was your country, or germoney, or Greece or whatever, yeah. Since it's America, the same rules don't apply to us. We literally operate under a different set of standards. We are the global tyrant, but we prefer the soft hand. That doesn't mean we don't have the power.
>>73200844
>Vox
Click bait poop website
>>73194657
Thats good you fool, thats how you make deals with banks you threaten allowing foreclosure so you get a better refinance.
>>73199933
>>73199965
Direct source, please. It says it was in a television interview.
>>73195773
>art major
>finance major
>schoolyard insults
>schoolyard justifications
>>73195543
You have to say you are willing to walk away or else you'll be taken advantage of
If you haven't realized that Trump is a stooge to guarantee the win of the democrats, I am sorry lads
You need to vote in Cruz, holy fuck
>>73201218
Do you watch the news? It's too fucking late.
You present a man with two buttons and force him to push one. One of the buttons destroys the entire world, and the other button causes a few of the man's items to be transferred to you. Which button do you think he is going to push?
And why, when given the power to do so with impunity, would anybody not do so? Render unto Caesar the things that are Caesar's, barbarians.
>>73195720
>There is nothing wrong with the debt we hold as a country.
Oh really?
>>73199336
I think this is why hillary will lose. Trump readily acknowledges things said on social media whereas Clinton relies on older generations never seeing anything said on social media. Once trump starts slinging all the shit she's paid to keep hidden she'll be toast.
>>73200978
Yes VIX. I'd say the economic reports are too risky, unless you are sure there is no way it is going to be positive.
I only started trading VIX pretty recently tho, since February, when I ran out of investing options, I have my long-term shit in HUI and physical gold, but had nothing short term. Turned out pretty well.
>>73194657
https://archive.is/tXz5J
>>73199933
>>73199965
https://archive.is/EZEln
Sounds like he's threatening to crash the economy if he doesn't get a good deal.
>>73194657
Ha ha that would be brilliant. Release a shitload of government bonds, triple the national debt or something in a short time and get everyone all the goodies they want. You know, massive keynesianism, military spending all that.
Then default at the end of your presidential term. BASED TRUMP. Crashing this country with no survivors!
>>73201297
Dumbass, that is not at all how this shit works. Most of the banks you owe to are American, you are allowed to borrow at low interest rates because they and the banks that make up the federal reserve think that the US government has the ability to pay it and therefore a safe investment. Once you start chimping out you will get cucked, it's not that Trump can threaten to not pay the debt its that it is physically impossible for him not to pay the debt. All this does is make him look dangerously retarded.
>>73195646
>>73195773
>thinks a degree equals intelligence
>thinks finance equals knowledge about the economy
You want to toss out holier than thou at other people? Why don't you and me have an debate via email and I can post it here after you get destroyed.
Defending my dissertation (that's for a PhD in case you didn't know) in 6 weeks and I could use some practice slapping down morons. What do you say? My bet is you won't reply.
>>73195349
THIS.
>>73196704
>the economy will collapse
>society is going to burn
>Currency will crash
>I'M GOING TO PRIVATELY BUY A LAMBO
how fucking retarded can you get
>>73201391
I've never seen anyone use social media as effectively as trump's campaign does.
free publicity nonstop
he tweeted a fucking taco bowl yesterday and got 100k likes
compare it to hillary who maxes out at like 2k likes for regular posts where trump gets 12-20k now, all her posts are dumb campaign ad shit and attacks
trump's tweets are just random shit that get tons of views
>>73201681
>Most of the banks you owe to are (((American)))
>>73198864
This isn't the type of market I would want to put my money in if I was old and about to retire. Retirement savings are a major part of the stock market, and there will be a lot of very unhappy people who will lose a lot of money in their IRAs.
>>73201794
What he is saying about quantitative easing is perfectly true. It just delays what is going t happen eventually.
>>73201690
Wait, so you are denying that we're in a bear market for a year now?
Are you denying that the global financial collapse is coming?
Are you denying that crashing the economy preemptively is the best course of action?
>>73201794
It won't be Mad Max bad. Just the lower class will starve, the middle class people. who were stupid enough to take loans will land on the streets and a big chunk of the people working in an office will lose their jobs.
The upper-middle and the upper class won't notice shit.
>>73194657
>vox
>>73202189
just how exactly will you pay for petrol and maintenance when all your precious assets get looted and fuel prices spike
>>73201982
e.g, compare the past 24 hours
https://twitter.com/HillaryClinton
highest like of any tweet - 6.4k, followed by 5.8k then like 4k
to
https://twitter.com/realdonaldtrump
99k, 31k, 25k, 24k
it's not even fucking close
he just tweets about everything, bernie sanders being screwed etc
all she does is dumb petty shit
>>73202189
Bear Market=Financial Collapse
Oh for fucks sake
>>73194657
nice clickbait faggot, kill yourself
>>73202459
Now you're denying that we aren't in a quantitative easing bubble.
>>73202734
they really have no other choice but to try and keep it going
economics is a social science
CRASHING THIS ECONOMY
>>73201681
You don't make any sense. I haven't read the article because it's butthurt Vox clickbait, but in the OP the quote is "I would borrow". If Trump is the one borrowing, and he isn't able to do it now, I assumed he was referring to putting the government into debt. Not the public. Such a thing seems to make perfect sense to me. No imaginary debt is going to change the domination of the US over the world. There is currently no possible way for us to go down without taking down every competitor with us. So who in their right mind would actually try to make a big deal out of our debt?
>>73202832
They can't keep going. Everyone realizes the king is naked and the trust is gone.
Ask any stock trader or investment banker if he would put a cent into stock markets or bonds. He will laugh in your face.
>>73202897
WITH NO ESTABLISHMENT SURVIVORS
>>73194657
Trump understands, our debt will never be repaid, may as well let suckers keep lending us money
>>73202734
I'm not denying that. I think they can maintain the current system as it is for atleast two more decades like Japan
>>73194657
>I love debt
Well I guess that's why he almost filed for personal bankruptcy in the 90s.
Most fiscal conservatives absolutely hate debt, can some of you /pol/acks stand up for your fiscally conservative values?
>>73202423
So he's the Brian Lee Henderson of politics? That guy tweets hundreds of times per day.
>>73202962
http://www.cnbc.com/2016/05/06/donald-trumps-idea-to-cut-national-debt-get-creditors-to-accept-less.html
HERE
>>73203290
>like Japan
90% of the jap blue chips stocks are currently owned by Japanese central bank. Is that what you are suggesting? It pretty much over for Japan, with China shrinking they will be obliterated by the end of this summer.
And they aren't even doing it for that long, since 2003.
US does the same thing since 2008. It's almost a decade too. The whole thing will last no longer then the autumn of 2017, in best case scenario, in which they will keep the whole thing from snowballing after the Asian collapse. So how is Trump wrong?
>>73203652
so... it's taken out of context.
> "We're paying a very low interest rate," he said. "What happens if that interest rate goes two, three, four points up? We don't have a country. I mean, if you look at the numbers, they're staggering."
>Pressed to elaborate on his remarks, Mr. Trump did appear to step back. He said that he was not suggesting a default, but instead that the government could seek to repurchase debt for less than the face value of the securities. The government, in other words, would seek to repay less money than it borrowed.
he's right?
what's the alternative?
>>73203932
Kek, that's exactly what Trump did to Jew the Wall Street banks out of hundreds of millions.
>>73195229
>If you remember, the government shut down under Obama.
you mean the one where nothing changed
>mfw fags still don't realize that everything revolves around debt
>>73196704
Nimm mal den Stock aus deinem Arsch, Millenial.
>>73204077
yep, fucking useless fucks
at least gingrich held his ground even if it cost his political career. God bless that goblin's heart.
shame clinton gets all the fucking credit when clinron hated it at the time, gingrich literally saved the country
>>73195646
Trump is rich you arent therefor your opinion is invald
>>73194657
>vox
>direct link
I hope someone goes into your place of work and paints the walls red.
>>73194657
Calm down, son. Full quote:
"I am the king of debt. I do love debt. I love debt and I love playing with it, but of course now you're talking about something that's very, very fragile, and it has to be handled very, very carefully,"
If anything, Trump has more experience with debt than most and would be equipped with the tools to handle it. He understands and respects debt as a financial tool.
Didn't Dr Ron Paul support the US filing bankruptcy and liquidating the debt?
>>73199287
He also rebounded several times.
Which is far more important of a skill to ignore.
Lets make this meme happen boys! Ron Paul for Secretary of the State! Watch!
....
https://www.youtube.com/watch?v=1RG10gZ_toU
Most likely if trump is chosen, america abolish itself of paying debts, lol.
Anyway america don't and won't have money for paying.
>>73194657
Never a dull moment.
>>73194657
>implying this plane doesn't need to be crashed with no survivors.
>>73205131
yep rest of the world (besides russia i guess) can shove it up their ass.
>>73195317
you ppl who are too cucked to shake things up and restore the republic bc you might loose some of muh toys are the real fucking traitors. fucking burn faggot reeeeeeeeeeeeeee.
>>73195317
Faggots like you are the reason this county is a declining multiracial empire, and is getting worse. You have no right to call anyone a traitor. You destroyed our country. It was white, and is was prosperous, and it was ours you fucking nation wrecker.
It's unevitable if you want to purge the financial system from crony capitalism and establishment crooks.
>>73195317
pbly a boomer too. you people really need to die off.
>>73205610
He got BTFO about ten posts into this thread.
>>73195720
Jesus dude. While I agree with the economics you are speaking of, defending the current debt situation in the US like that is ignorant as fuck.
>>73194657
Though he might make some wild claims, there's one thing I really like about Trump.
He knows what a powerful position the US is in on the world stage, and he has the balls to use this to his advantage, and to force other countries to comply with his wishes.
This quality alone makes him worthy of the presidency, because he's the polar opposite of that whiny cunt Obama. Right now, America is like a bodybuilder with social anxiety.
>>73194657
You take out a thousand dollar loan from a bank, bank owns you until you pay it back
You take out a trillion dollar loan from a bank, you own the bank.
>>73196704
Haha, if it really does crash and burn, which I agree it will, you will get robbed within the first 3 miles of pulling it off the lot. lol.
>>73195720
>Economist here.
you're a climate scientist of the money world
you're so indoctrinated you can't see outside of what you've been told
>Right now, people and companies all around the world treat US government bonds as the least risky financial asset in the universe.
What a load of shit.
>>73199536
"We import muh oil, therefor we must support muh free trade" This is a false meme that needs to die.
>>73195317
DOTR soon you fucking nigger.
>>73199536
>We import oil and do not produce enough to meet our current demands. America can not function with out oil. Pleae think and debate rather than insult.
thanks to fracking we'll be fully self-sufficient in about 6 years
people will probably suck Trump's dick about it and think it's all on him and the plans and installations are already in the works
we'll actually be an oil exporting country at that point
>>73194657
>bankruptcy of the United States federal government that would incinerate the world economy.
You are aware that congress is working to disrupt the petro-dollar and collapse the global economy should Hilary become our next potus right faggot?
Shit will hit the fan regardless of who becomes president
>>73198087
If Trump wins, it's pushed back indefinitely.
>>73201218
>Kasich is a Hillary plant
>Cruz has the same backers as Hillary
>Rubio sucks Obama's cock. Hillary is Obama 2.0
>Ben Carson is black and therefore pro-Hillary
>Trump is a Hillary plant
So, who in the GOP isn't a Hillary plant?
>The libertarian Pauls are there to disrupt the GOP for Hillary.
/r/ing pic of trump with the JUST haircut
>>73207854
we must fuck the shit up, to fix it.
>>73208026
Post the pic I need it
So what you're saying, OP, is that the ultimate culmination of Meme Magic, the true, honest-to-god shaping of reality through the use of memes will bring about The Happening as has been coveted by the tribal cultures of 4chan's various boards will finally occur?
>>73194657
>China on suicide watch
>Japan on suicide watch
>Saudi Arabia on suicide watch
>Jews, world bank, IMF, Rothschilds, etc,etc, etc, completely blown the fuck out
how can one man be so based
>W-WHAT DO YOU MEAN??!?!? WE THOUGHT WE COULD FARM THE GOYS AS DEBT SLAVES FOREVER?!>!>!>!??! OYYYYYY KKAPUTZZ
>>73195720
>with next to zero risk involved.
not anymore kikes
>>73194657
people are too comfortable and rich now that they don't even care about shitskin mudslimes taking over their country
we need a financial crisis
>>73207176
sounds like a real thing that is definitely really happening in reality
>>73208113
For the love of kek, he MUST beat shillary
>>73208113
>meme magic made Trump rise for the sole purpose of bringing the happening
>THE HAPPENING has been meme'd harder than baneposting and all other memes combined
>when it hits it will literally end the world
what have we done
>>73194657
>not only revealed a dangerous ignorance about the operation of the national monetary system and the global economic order
Finance Student here.
Greed is NOT good.
That's what this system relies on and it's not working in the level it's been taken too.
People are scrambling over each other for shekels.
Oh and one of the main reasons why?
Debt.
Fuck the monetary system. It needs drastic modification. It does not take the aesthetic side of humanity into account. It's literally evil because it relies on Greed.
>>73194657
>vox
>news
Image of a smug anime girl.
>>73194657
>"I am the king of debt," he said. "I love debt."
That explains his 4 bankruptcies :^)
>>73195543
>We need this crisis. We needed it last year. If we don't crash it by the end of this year it will be a disaster.
Yes.
But we also need to prepare the people for it.
This is tricky. But we'll need to work out the kinks one problem at a time.
Starting with currency - I suggest a merit system. I heard that idea on /pol/ recently.
Ask "how can we use technology to avoid catastrophe".
For Law I suggest using something like facebooks way of taking what you say and spitting something relevant to you into account. That could implement something that is more of a step towards direct democracy.
Imagine if the government got an estimation of the poilicies required by people through this.
Now how can we do something similar with our economy?
>>73210074
>>73209622
Fuck off commie cunt
>>73209907
chap 7 vs chap 11
>>73195720
>The last time we paid off our debt, it caused a recession that we needed to borrow to get out of. That's why we put Jackson on the 20, as a "This dumbass HATES federally backed currency, let's troll him."
You're a fool.
We can work out a way to prevent production from stopping while easing the monetary strain.
>>73194657
so I read the article.
From what I get, Trump basically wants to issue a lot of US denominated debt in a sort of New Deal type?
Thats what Obama half-assedly pushed for in 2008/2009.
Its surely better than simply inflating away financial assets that hold no actual productive value and dont better peoples lives.
This is what Vox thinks about IS
Look at the date
>>73210194
>bi in ID
Fuck off cocksucker
>>73196704
>I will make yuuuuge shekels of it and finally buy the Lamborghini I want, you will starve, because you should've gotent a real degree.
kek
No you won't. I get the feeling the monetary system will change completely.
Like a merit system.
>>73210482
>I get the feeling
Oooooooh, this guy has feeeeeeeeeeelings!
Watch out, everyone, feelings coming through!
>>73198628
>Sorry but America cant afford to be isolationist. We live in a global economy and rely on other nations as other nations rely on us for resources.
POST SCARCITY
Mate.
It's near. We're not quite there but it is very near.
>>73200008
>Y'all are so lost, is it even worth it to try to educate you. America can not function with out imported oil.
Yes it can.
Remove all oil running equipment.
Durr.
>>73200692
>Using the collapse of the entire global economy as leverage against others on the planet?
Inb4 world war 3.
I just hope we're allies to the US. You know what's up.
Your plan will work.
No. It must work or we're fucked.
>>73201524
>Release a shitload of government bonds, triple the national debt or something in a short time and get everyone all the goodies they want.
That's smart if we try to remove the reliance on currency.
Yes full capitalism worked in the past, but now we're living in an automated world.
The soviets did not have that.
That being said, we need some form of way of getting people to work that isn't the soviet treatment of whipping people.
>>73194657
Debt is actually good to play with for tax reasons shit fucker. Don't play with your own money, play with other people's money.
>>73198628
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
We have so many resources here that we don't even tap into.
>>73203311
>Most fiscal conservatives absolutely hate debt, can some of you /pol/acks stand up for your fiscally conservative values?
Conservatism and liberal values are archaic.
They do not work.
>>73199044
Are you delusional?
>>73204141
>>mfw fags still don't realize that everything revolves around debt
>mfw that's the problem you dip
>>73199536
We don't drill for oil because of Muh environment and obongo has chased out the whole coal industry. It's not that hard
>>73208113
>>73209163
May lord kek smile upon us and anoint our countenance with the full glory of THE HAPPENING!
No proof he did so. The video is some guy trash talking him. Go fuck yourself you shill.
>>73210192
>Fuck off commie cunt
I'm not a commie
I'm a realist.
We need to innovate this system now or else.
Communism did not have the automation problem on the scale we are currently having.
We're in a transition period to full automation.
Eventually we'll worry about nothing but exploring the universe and ourselves.
>>73207176
How are they doing that
>>73210578
>Oooooooh, this guy has feeeeeeeeeeelings!
Not that merit.
Merit for discoveries.
People will compete for ideas rather than shekels.
Fuck off with the "commie" bullshit and open your mind.
We're in a technocratic world mate.
>>73195720
You're the reason I'm fucked aren't you? You and your dumbass buddies?
>>73195776
How is he supposed to? OP only posted a link to vox.com, and no one here would ever click that.
>le Trump bankruptcy 4 times meme xD
Trump has never been bankrupt a single time in his life. Trump owns 515 corporations. Of those 515 corporations, 4 have went bankrupt.
That's not even a drop in the bucket. This also means Trump himself has never been bankrupt. You don't understand how businesses and corporations work. If you say "lel trump bankruptcy" then your revealing yourself to be ignorant.
>>73207361
No my friend.
It is not.
>>73211554
Nothing will change until the system completely breaks down.
This will only happen when we get close to full automation, I can only imagine the butthurt in a couple of years when automated cars put taxi and bus drivers out of their jobs.
>>73211554
>t. Luddite
There us no limit to demand or what can be demanded, only what can be supplied, at some point the bread maker was highly valued thousands if years ago, oh and for a stint during the soviet union a few decades ago too.
TLDR; Kill yourself.
>>73212728
>There us no limit to demand or what can be demanded, only what can be supplied, at some point the bread maker was highly valued thousands if years ago, oh and for a stint during the soviet union a few decades ago too.
I didn't say it was permanent.
It's a temporary solution.
To reestablish a working monetary system that is fair to the people.
Law has not caught up with the monetary system. That is the problem here.
We need to get that up to speed and develop a way to control the monetary system.
The problem is allocative efficiency - we have too few computer technicians and engineers.
Be flexible, we might be able to switch between communism and capitalism.
We used to do it here in Aus.
>>73212521
Technological advances have reached such a rate that people physically cannot keep up. By the time we've studied something, it's obsolete.
I'm racking my brains for a solution.
.. my head hurts (this is hard)
>>73213638
Put it this way.
If we had altered the education system earlier and with greater focus on computing, we may have never had this problem.
>>73195349
Highly Underrated
>>73211796
>You're the reason I'm fucked aren't you? You and your dumbass buddies?
These cunts teach it's students to reject "commies".
Restriction of ideas has never benefited society. That being said, within reason.
I believe the idea of "communism" and "capitalism" will not exist.
We'll steal ideas from both to keep this society afloat.
This is done incorrectly at this point in time (surveillance being implemented in capitalist societies, etc)
People are impressionable. They don't work well under those conditions.
The slaves of Rome were not good workers. They were hopeless.
>>73195349
>accelerationist
Fuck I missed this post.
VERY underrated.
Because that concept may make or break humanity.
I predict nanotechnology is key to unlocking our minds.
Remember, we use a very small percent of our brains.
Computers use structures that are not as good as our brains. If a super intelligence explosion were to happen - we'd become the technology.
wew lad.
>>73195720
>There is nothing wrong with the debt we hold as a country.
Non-retard here.
If debt outpaces the GDP, we're fucked. The fed will have to raise interest rates to make treasury securities attractive enough for people to buy, or raise taxes in a way that increases revenue. Both shit down the throat of the economy.
>>73199233
And 99% won't even read it, because they're too busy gawking over the Taco Bowl. This is how Trump works.
>>73203932
Troll economics here but
>Trump ruins the US's credit rating by not paying security owners what they are owed
>No one buys US securities anymore because they are dog shit
>Uncle Sam can't issue new securities to pay off debt, Uncle Sam can't raise taxes because it's politically unpopular
>The money supply is cut
>Congress can't increase spending, they are constrained by tax revenue and have to kill entitlements
>>73194657
>Donald Trump just threatened to cause an unprecedented global financial crisis
We are all ready on the precipice off one and there is NOTHING that Trump or any one else can do to stop it. They can crash it now or kick the can a little bit down the road but its coming either way.
Mark my words
>>73196704
>I will make yuuuuge shekels
no you won't. all currencies will be worthless, and gold and bitcoin will skyrocket only after you make your shekels so you wont make that much. unless you bought it before...
>>73217240
OH BUT DON'T WORRY! Q4 SOON, EVERYTHING WILL BE FINE.
>this is was delusional idiots actually believe.
Prepare, or you are going to be sorry, sorry peasant.
>>73202311
>maintenance
I guess he can pay the starving mechanic with a bowl of rice.
>>73194657
Christ, he really is just like Hitler. In the best possible ways imaginable.
I would die for this man.
>>73201524
False flag shillpost.
>>73217240
>We are all ready on the precipice off one and there is NOTHING that Trump or any one else can do to stop it. They can crash it now or kick the can a little bit down the road but its coming either way.
So is the apocolypse sven.
If we find a way, then the apocolypse forever stays in the future.
If we get lazy. The devil will burn us in ways we could never have imagined 1000 years ago.
Holy fuck.
Religious patterns are now occuring economically. This is HUGE.
