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Donald Trump the Megathread part II - mod warnings in OP, Updated 06/06/25

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Comments

  • Registered Users, Registered Users 2 Posts: 5,653 ✭✭✭10000maniacs


    What a lot of Americans fail to realise is that the $36 Trillion is gone. Never to be seen again. You are not going to get it back by shaking down the World. Or building manufacturing plants all over the USA.

    Whatever or whoever is to blame is immaterial. It's money that is not coming back. It's not China's fault, nor Vietnam's fault, nor Canada's nor Mexico's, nor Clintons nor Bidens.

    It really doesn't matter who is to blame. It's ex money. Money that the US had but pissed away. Trump trying to shakedown Switzerland or the UK is all very fine. But trying to shakedown China or Europe is a different story. The bully who got beaten up because he went too far and was in way over his head.



  • Registered Users, Registered Users 2 Posts: 15,133 ✭✭✭✭8-10




  • Registered Users, Registered Users 2 Posts: 5,653 ✭✭✭10000maniacs




  • Registered Users, Registered Users 2 Posts: 5,398 ✭✭✭PropJoe10


    None whatsoever, which is why I'm genuinely hoping that Americans feel a serious economic pinch from this tariff fiasco. I feel genuinely sorry for decent Americans but they made this choice as a nation, and need to feel some consequences for electing these clowns yet again. Maybe their 401k's going down the crapper might start to focus their minds a little. I'm not holding my breath though.



  • Registered Users, Registered Users 2 Posts: 1,077 ✭✭✭scottser


    That 36 t is debt. Debt is an asset for the US because Fed Treasures are A rated investments. Or they used to be. Japan, who owns the most of any country is offloading US debt in serious chunks this past few weeks. America is just not safe to do business with while that stupid **** is in charge.



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  • Registered Users, Registered Users 2 Posts: 7,540 ✭✭✭circadian


    Not only that but to claim it's because that country wanted to join NATO.



  • Registered Users, Registered Users 2 Posts: 23,363 ✭✭✭✭Akrasia


    He solved that problem by destroying NATO, western countries wanting to Join NATO won't be a problem for Russia anymore.

    America can never be deposed as leaders of NATO, but the rest of the world will be forced to create new alliances without America

    1000009944.png

    Chomsky(2017) on the Republican party

    "Has there ever been an organisation in human history that is dedicated, with such commitment, to the destruction of organised human life on Earth?"



  • Registered Users, Registered Users 2 Posts: 3,435 ✭✭✭Field east


    he said to the reporter who asked the question ‘what constraints are you putting on Russia’ ? He also said that ‘ you don’t know all the constraints I have put on Russia’ giving the clear impression that he has put on a lot of them but you would not know about them . Is it like the Helsinki meeting with Putin where he said ABSOLUTLY nothing about what they discussed.
    he has taken TOTALLY DIFFERENT LINE when it comes to Ukr - with all of his public ally made threats/ negative comments , etc, etc, etc, etc.

    When will the world come to realise that we have a Hitler/Stalin/Mussilini/Chescheu/etc/ etc/etc. /etc/etc amongst us and even worse in some respects when compared to some of them



  • Registered Users, Registered Users 2 Posts: 3,435 ✭✭✭Field east




  • Registered Users, Registered Users 2 Posts: 30,304 ✭✭✭✭breezy1985


    Hopefully all this economic pain will shut up the "both sides are as bad as each other" clowns who don't show up to vote when it's not a strong Democrat running.



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  • Registered Users, Registered Users 2 Posts: 3,435 ✭✭✭Field east


    “Only the money men can bring him down “ I don’t think so. Lots of other presidents ,; CEOs’ ; senior officials in the private and public sector through tThe world have been ‘LIQUIDATED’ for non money reasons and had ‘walked on far less TOES than our President Trump!



  • Registered Users, Registered Users 2 Posts: 23,363 ✭✭✭✭Akrasia


    Hopefully this will shut up the people who think democracy only happens every 4 years during elections. The DNC has been corrupted and needs to be taken back. People need to organise locally and nationally to get rid of the Nancy Pelosi types who think the DNC are entitled to be opposition and to actually stand for something other than 'we're not as bad as the outright fascists'

    Chomsky(2017) on the Republican party

    "Has there ever been an organisation in human history that is dedicated, with such commitment, to the destruction of organised human life on Earth?"



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 16,878 Mod ✭✭✭✭Quin_Dub


    To be honest.. Every media outlet should just have a standing Front page headline that says 'Trump has changed his mind, Again".

    All they'd need to do is update the name of the thing he's flip-flopped on every few days



  • Registered Users, Registered Users 2 Posts: 4,732 ✭✭✭Rawr


    I'm kind of surprised that we got to this point already. I was expecting this to possibly come to a head sometime after summer. But now here we are just short of the 100 day mark and Donnie has made himself a de-facto Lame Duck President.

    There's now no point at all taking any tariff threats from him seriously. The idea that other nations are "making deals" with him or "discussing" the tariffs have been shown to be the fiction that we all knew it was. To amend your proposed headline Quin_Dub, I would go as far as having: "Trump makes pointless statement worth ignoring"

    Add to this the very public way Putin has been ignoring his "Peace" overtures regarding Ukraine. To top it all off, Musk has called uncle on his DOGE shenigans and has left…likely not to return. All within 100 days..not that I should be all that surprised.

    Got to wonder what he hopes to manage to do with the rest of the 3 years…assuming his health lasts that long.



  • Registered Users, Registered Users 2 Posts: 784 ✭✭✭RickBlaine


    And I think that is how future history books will write about him. When the emotions of the current day and his cult leader like status among the GOP has subsided in the coming years and decades, the history books will include cold hard facts about who he is, what he did, and how his enablers helped him to damage the country.

    That's assuming America doesn't try to sweep this shameful part of American history under the rug like it has done with so many other things. They’re not usually part of the general narrative most students grow up with because nothing can disrupt the "America is the greatest country in the world" doctrine.



  • Registered Users, Registered Users 2 Posts: 784 ✭✭✭RickBlaine


    And the consequence of this is that businesses cannot plan for the future. How can businesses even attempt to make long term strategy when their trading conditions can suddenly and drastically change overnight by a random tweet from the unmitigated fool in the white house.



  • Registered Users, Registered Users 2 Posts: 315 ✭✭pad406


    I suppose he can take some solace that Trump #45 will no longer be looked at as the worst US president in history 😁



  • Registered Users, Registered Users 2 Posts: 13,042 ✭✭✭✭aloyisious


    Trump signed other EO's on Wednesday, these covering education reform and school discipline in K-12 schools.

    In a potential hit to higher education, Trump signed an executive order targeting the college accreditation process.  

    College accreditation ensures a university can access financial aid, but, Scharf [as W/H staff secretary] said, “many of those third-party accreditors have relied on sort of woke ideology to accredit universities, instead of accrediting based on merit and performance.” 

    Accreditors have pushed back on these accusations, as colleges in states that have bans on diversity, equity and inclusion have had no problems getting accreditation.  

    But if a school does not have accreditation, it would have devastating effects, likely increasing concerns among higher education institutions who have seen Trump is not afraid to mess with their finances.  

    That’s especially true of Harvard University, which had $2 billion in federal funding revoked in retaliation for not changing its policies based on Trump’s demands. The Ivy League member has sued over the action.  

    Another Wednesday order seeks to further integrate artificial intelligence (AI) into American classrooms.  

    “The basic idea of this executive order is to ensure that we properly train the workforce of the future by ensuring that school children, young Americans, are adequately trained in AI tools, so that they can be competitive in the economy years from now into the future, as AI becomes a bigger and bigger deal,” said Will Scharf, White House staff secretary.

    “President Trump is taking historic and commonsense action to boost school safety standards. Disciplinary decisions should be based solely on students’ behavior and actions,” Education Secretary Linda McMahon said. 

    The school order and Scharf's words seem to infer that if a child doesn't get the hang of AI, their education is over - sorry kid, you're out. McMahons words, paraphrasing what she sees as Trumps view on school safety, centre on behaviour and actions - which could refer to anything from weapon carrying to use of words like DEI or gay, or obligatory use of loyalty phrases. The thing is that Trumps school order included the word discipline. That word carries many variations, corner-time or other practices allowed in the past.



  • Registered Users, Registered Users 2 Posts: 13,042 ✭✭✭✭aloyisious


    Google/check out the interview video of Beth Benike, Minnesota's small business person of the year for 2025, for why there's a problem with starting up manufacture in the US of goods made overseas presently. She gives a 5-point explanation as to why the current economic situation in the US facing small/medium business persons make it impossible, starting with how the tools are not made in the US and the material is not available in the US.



  • Registered Users, Registered Users 2 Posts: 5,653 ✭✭✭10000maniacs


    THe problem for the USA is that they have spent most of that $36 trillion. If you spend borrowed money, which the USA has always done, it is money that that will at some stage have to be paid back. You are now at the whim of the lender of that money, so in all intents and purposes is ex money. It's lost assets.

    Similar to keeping your credit card in credit because there are serious consequences if you don't.



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  • Registered Users, Registered Users 2 Posts: 1,077 ✭✭✭scottser


    Personal debt isn't the same as national debt. National debt isn't something that's ever paid back, and pension funds everywhere invest in US treasuries as they are considered an A rated asset. National debt is an asset as long as it's performing, ie interest being paid back on it. Every country in the world has debt, even countries that are financially solvent.



  • Registered Users, Registered Users 2 Posts: 20,617 ✭✭✭✭Strazdas


    This is a major issue going forward. Trump has created a hugely unstable business environment with his constant flip flopping. Businesses love stability, but instead there is an unstable nut in the Oval Office who changes his mind every six hours.



  • Registered Users, Registered Users 2 Posts: 5,653 ✭✭✭10000maniacs


    Shhhh, dont't say that too loud or the bondholders might hear it.

    You are correct if the markets are non volatile and the economy is stable.

    If there is a huge surge in bondholders coming in to cash in their bonds, it all becomes a different narrative.

    See two weeks ago for more information.



  • Registered Users, Registered Users 2 Posts: 11,631 ✭✭✭✭Cluedo Monopoly


    What are they doing in the Hyacinth House?



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 16,878 Mod ✭✭✭✭Quin_Dub


    Exactly - All the small to medium businesses in the US are caught like rabbits in the headlights.

    They don't have the lines of credit or the ability to hedge costs to allow them to navigate this nonsense.

    So many of them are going to go bust - Either because they take the punt on buying the stock with the crazy tariffs and then can't sell them profitably (or at all) OR they hold fire hoping the tariffs reduce and then get caught up in the utter chaos that is going to be the US goods supply chain over the summer and can't get stock so they have nothing to sell.

    Either way , they go bust.

    The damage is already done for this year. Even if he announced today that everything was going to back to how it was , the manufacturing and logistics pipelines are already totally screwed up and it could take 6-9 months to sort itself out.

    Companies are usually ordering their Autumn/Christmas stocks right now ,but most are panicking as they have no idea what the stuff might cost them when it lands in the US so they are holding off .

    So there absolutely will be stock shortages and empty shelves across the US later in the year along with the associated price gouging that shortages always bring.



  • Registered Users, Registered Users 2 Posts: 21,231 ✭✭✭✭kneemos


    Makes you wonder how he bankrupted so many of his companies.



  • Registered Users, Registered Users 2 Posts: 1,077 ✭✭✭scottser


    China and Japan collectively own the biggest chunk of US debt, but Japan seems to be selling it off this past few weeks. As the US becomes more of an unreliable partner, those two dumping massive amounts of US debt could mean the dollar further devaluing, which ironically, King Don wants.



  • Registered Users, Registered Users 2 Posts: 5,653 ✭✭✭10000maniacs


    Nobody at the moment. Or very few.

    That's why Trump was being less of a dick on tarriffs in the last week.

    He knows that the bond market is the main reason why America has stayed afloat in the last 20 years. Or somebody with more intelligence told him.



  • Registered Users, Registered Users 2 Posts: 4,732 ✭✭✭Rawr


    Indeed. Most of the time it was due to him not understanding a basic concept such as spending less than you earn, or letting his own stupid flights of fancy override proper business sense.

    In the case of his Atlantic City casinos, he top-loaded the mortgage and build cost on those projects so much, that it became impossible to earn enough to pay that back. Despite his pop-culture image of being a propery "mogul", the nitwit really hasn't a f*cking clue how property works, beyond pissing away increadable amounts of cash on it.

    The Trump Shuttle is another classic example. He made the airline unprofitable by doing things like adding gold fittings to the aircraft bathrooms, thus making plane heavier and more expensive to run.

    This is the guy who stumbled upon the word "Tariff", latched onto it because he thought that it would make him sound "Presidential" and strong…and then use it without really understanding why.

    This is possibly why we're not encountering so many MAGA trolls lately. The absolute stupidity of their idol is bare for the world to see, and the effort needed to pretend it isn't might be beyond the pale for many.



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  • Registered Users, Registered Users 2 Posts: 7,540 ✭✭✭circadian


    I'd imagine Ireland and other EU countries are dipping in for a little more. I wouldn't be surprised to discover if Russia are buying it up via a partner in the Middle East to use as leverage once Trump inevitably pulls back on sanctions. Developing nations probably see this as an opportunity too. Obviously these would probably be longer term holdings in the hope that once MAGA runs its course, the US economy will become more reliable again.



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