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April 2, 2016
Trump predicts 'very massive recession' in U.S.
Trump vowed in the interview to wipe out the more than $19 trillion national debt "over a period of eight years," helped by a renegotiation of trade deals.
Hahaha! OMG! Hahaha! Stop it! Hahaha! You're killing me! Hahaha! My sides! Hahaha! Splitting! Hahaha! Liquids out my nose! Hahaha! Should not have drunk the Kool-Aid! Hahaha! OMG! Hahaha! The laughter pain! Hahaha! Rolling on hardwood floor! Hahaha! Should have picked room with plush carpeting! Hahaha! Make it stop! Hahaha! Can't catch my breath! Hahaha! Snake oil! Hahaha! OMG! Hahaha!
In all seriousness, it is not possible for the government to eliminate the debt of a 30-year treasury bond in just 8 years without defaulting on the obligation. Bankruptcy? Making America great again? Well, Trump ought to know. Sigh.
No, really. I own long-term treasuries and would love to discuss with Mr. Trump how he plans to magically turn them into short-term treasuries without violating the full faith and credit of the United States government. Last I heard we were not actually running a casino, at least not publicly.
And as for the claim that he could actually eliminate the whopping $19 trillion debt in just 8 years even as we're apparently on the verge of a massive recession, well, oh crap, here it comes again.
Hahaha! OMG! Hahaha! Stop it! Hahaha! You're killing me! Hahaha! Hard to balance a budget during a massive recession much less pay the debt down! Hahaha! OMG! Hahaha! Who would believe this? Hahaha! Damn these hardwood floors! Hahaha! My knees! Hahaha! Can't stop rolling! Hahaha! I should sue! Hahaha! Snake oil! Hahaha!
Forehead! Desk! Whack! Whack! Whack! Hahaha! Ouch! Hahaha!
Schedule for Week of December 22, 2024
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Happy Holidays and Merry Christmas!
The key economic report this week is November New Home Sales.
*----- Monday, December 23rd -----*
8:30 AM: *Chicago Fe...
2 hours ago
7 comments:
Maybe he will mint a trillion dollar coin? Seriously, I just don't know what to say. I will go with your last paragraph!
Shookie,
Perhaps each one of the 124.6 million households in the United States could chip in $152,500 over the span of 8 years. That would add up to $19 trillion.
I'll cut the check for my share today, right after I wash my hair and watch hell freeze over. Yes, sir. Check is [almost] in the mail!!
As a side note, I doubt that kind of money spent would slow consumer spending much. Most people probably have hundreds of thousands of dollars in loose change in their couch anyway. You know, from binge watching Netflix and not paying enough attention to slipping quarters as we enter the tv trance. ;)
Nice to see you posting again, keep it coming!
Anonymous,
You talked me into it today. Well, you and MarketWatch, lol. ;)
How can you eliminate something that isn't?
mab,
Fake it? ;)
My puppy fake pees to get a treat, then comes inside and pees. How do I stop this?
From your link:
Its hard to see if shes actually going if its dark out...what do I do?!
All men are created equal!!! We hold these truths to be self evident!!!
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