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So now the Trump administration is responsible for all the US debt that led to this downgrade?
How is all that debt related to this tariff discussion, as most all of it came well before this recent tariff activity?
Moody's statement...
“the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns”
Both sides of politics are responsible for the increase in debt over the last 10 years.
US Treasury Bond yields increased after Liberation Day, there were rumors Canada, France, Germany and Japan colluded in selling US bonds, to push up interest rates for US borrowing, that may or may not be true, and won't be confirmed until the US Treasury releases April's data on June 15.
As I said...
"You should find a different network"
It's up to you, do your own research!
Yes, both sides of US politics were responsible for it. That's what my sarcastic statement was about.
How does it relate to the recent tariff activities though, since now the emphasis is on sticking to that topic in this thread?
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As I said...
"US Treasury Bond yields increased after Liberation Day, there were rumors Canada, France, Germany and Japan colluded in selling US bonds, to push up interest rates for US borrowing, that may or may not be true, and won't be confirmed until the US Treasury releases April's data on June 15."
I do my own research. The credit rating and factors attributing to it is nothing new. As with everything, it’s the spin you and msm put on it. You are always 100% accusatory in everything you post, when it relates to Trump and the US.
You never did answer my question about the other. Oh but I forgot, you’re not an expert, right? Yet you research and stay up late at night pouring over US news to put a negative sky-is-falling spin on it. Funny how you weren’t around to report on much before Trump.
So if the network(s) that you research (and stay up late schitzing out over) don’t report on something, then is it not news? Or is it not something you (or they) can put a “negative US” or “negative Trump” spin on?
Arguing with AI 🙄
How does it relate to the recent tariff activities though, since now the emphasis is on sticking to that topic in this thread?
He’s trying to say Trump caused it. And he’s trying to further say “Look at how bad your US President is.”
The fact is that he’s trying to do something that no other president has done. Ever.
Certainly more than some wimpy -ss Anthony Albanese has ever done.
"Yet you research and stay up late at night"
Are you a flat earther?
Have you heard of time zones, it's 4:13pm here...
Trump increased the tariffs!
Oh…the horror.
Where are my pearls?!
Don't forget to pay the tariffs on imported pearls!
Trumps previous presidency raised the deficit by over 6 trillion. The only other president to beat that record was Obama.
So Trump spent $38T? “Gee, I wonder if that plays a role?” 🙄
No reply about f-ckin Billions in DEI/ Trans/ Homo sh-t in Australia, for Albanese (probably)
Now that’s Hilarious!😂
Good analogy! 💯Agree!
I thought China would pay the tariffs me lord. You said there would be no cost to the consumers me lord.
Oh shut up, Alex Fartz.
Pit Row
Yeah, demanding Walmart take a bottom line hit isn’t in the cards. Sure, $15B in 2024 net income looks huge, but it’s paltry compared to their $648B in revenues (that’s 2.3% for the mathematically challenged). Meanwhile, Apple clocks in with 24% net income as a percentage of revenue. Where’s the outrage?
Long story short: both companies will be here well after Trump, me, and you are worm food, so they’ll pay little credence to his demands.
He’s so incredibly stupid. That’s capitalism. Sounds like he’s wanting a form of socialism which I’m sure the numerous MAGA fans here should be out in droves condemning. Corporations were NEVER going to take the hit. It’ll be passed on to the consumer. Same way they did when the economy opened back up in 2021 and they raced to make back lost profits from the pandemic.
There’s that Hoosier stench again.
There's that Philo stench again.
Here's another more fitting profile pic for you
It's funny that you think posting photos of men in shitty underwear in somehow going to get under my skin. The reality is, all it does is make me go, "damn, infammable sure spends a lot of his life looking at men in shitty underpants".
But you do you, homie! I ain't here to judge. Just make sure it's legal!
Homie 🤣🤣🤣
You must be pretty fly for a white guy!!
You keep being the shit stain you are....homie LOL
Your reply was better before you edited it.
Like your opinion of better has any value.
Now start being nice or this gentleman will have to give you a scolding:
"Like your opinion of which post was better has any value."
Fixed it for ya.
Now now little tank engine, don't get too sure of yourself
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