Bad tak,e this was a negative for the US having to police it. Europe has only now pulled its finger out and started arming itself again. It was supposed to be spending a minimum of 2% of gdp. Instead they relied on the yanks and broke their end of the deal for decades.The issue is the doctrine established after WWII has held world peace for an unprecedented time.
Trump has not only dismissed 1000s of key military and intelligence officers but cleverly give the whole axis of evil reasons to bond instead of reasons to argue.
I cannot remember a time when this has happened in my life time.
Did Xi have a squeaky old tank in his military parade?
You have to remember @moXJO , the U.S has a Debt to GDP of about 120%, over $100,000 per U.S citizen.Bad tak,e this was a negative for the US having to police it. Europe has only now pulled its finger out and started arming itself again. It was supposed to be spending a minimum of 2% of gdp. Instead they relied on the yanks and broke their end of the deal for decades.
Realistically Trump was the only one with balls to pull them up.
US debt is GDP would be worse than France and despite the new import taxes is set to rise quickly.You have to remember @moXJO , the U.S has a Debt to GDP of about 120%, over $100,000 per U.S citizen.
They just have to keep printing money, so that the EU doesn't have to spend any, that's how socialism works.
As a famous quote said: Socialism is great, until you run out of other people's money to spend.
The West is in rapid decline and Trump is the only one who was saying anything about it.
But things are changing now that Trump has brought it to a head.
French PM loses confidence vote as country faces 'life-threatening' debt
The move will heap further pressure on French President Emmanuel Macron, who is now tasked with appointing a successor.www.abc.net.au
Mr Bayrou called the confidence vote over the pressure France is facing to repair its finances, with last year's deficit nearly double the EU's 3 per cent limit of economic output and public debt reaching 113.9 per cent of GDP.
Defending his decision to call the high-risk confidence vote, Mr Bayrou told the National Assembly France's debt and deficit levels were "life-threatening".
"The biggest risk was not to take one, to let things continue without anything changing … and have business as usual," he said.
France is offering a terrifying glimpse into Britain’s future
The country refuses to tackle over-spending, assuming it can borrow forever – and we are heading in the same direction
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I guess the issue is, the U.S is the reserve currency and China, Russia and the rest of the BRICKcountries are trying to undermine the U.S position, eventually if the U.S debt keeps escalating unabated more countries will look for a more stable currency to underwrite international contracts.The actual level of debt can be misleading.
Debt per capita in Singapore is 50% higher than the US, but no one seems to worry.
Japans debt per capita is a bit less than that for the US, but its Debt as a percentage of GDP is more than twice that for the US.
Singapores debt as a percentage of GDP is also higher than that of the US, along with Italy and Argentina.
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the real question is , who is the counterparty to the debt?
I have posted this US debt chart before.
80% of US debt is held by US institutions.
Are they going to cause default in their own country?
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The next biggest Debtor, China, is rather difficult to quantify as the data from the middle kingdom is more opaque.
The best estimates of external debt vary from 20% to 40% depending on who you ask.
Nearly 90% of Japans debt is held internally.
The UK is a worry, as from what I could glean from the interweb was that for them its around 62% external debt.
Mick
Apparently he's dead now"The greatest threat to homeland security is white supremacy", paraphrasing the fraud Joe Biden speaking at a black university.
Charlie Kirk in grave condition after being shot at Utah Valley University
Charlie Kirk in grave condition after being shot at Utah Valley University during his American Comeback Tour
Charlie Kirk was possibly targeted Wednesday when a shot was fired during a stop at a Utah college during his American Comeback Tour.nypost.com
Shot after being asked about gun violence... Almost like it was a planned setup? I would imagine whoever asked that question is going to have every second of their life and every bit of online activity scrutinised with a microscope by US authorities.They apparently have a real FBI now. If it is proven that this was an organized hit from some identifiable group, such as Antifa as a hypothetical, maybe that group ought to be designated as terrorist?
South Park?south park
The show parodied (allegedly) Charlie Kirk several weeks ago which put his name across the media for a few days in the US in a negative way on certain networks.South Park?
It’s obviously a shocking crime, but it’s always hard to feel sympathy towards some one who has built a career on openly not feeling empathy towards others.Apparently he's dead nowWonder if the resident leftists will come in here and dance on his grave in their usual classy way...
How disgusting.He wasn’t a great person.
How disgusting.He wasn’t a great person.
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