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re: No wonder we are still mesmerized by the brilliance of POTUS Trump - It's 8D GO he plays
Posted on 5/17/24 at 7:46 am to Adam Banks
Posted on 5/17/24 at 7:46 am to Adam Banks
quote:
Why did the Japanese and us economy go in different directions at that time
I am pretty sure the Cold War ending had absolutely nothing to do with the US economy. Besides, I have a 500,000 gallon tank full of water. The inlet provides 50 gallons per minute while the outlet releases 70.
It appears my tank is drying up due to that deficit.
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Posted on 5/17/24 at 8:25 am to Timeoday
So the Cold War ending explains Japan having 40 years of a stagnant to recessive economy despite having a similar trade surplus to the US?
Posted on 5/17/24 at 9:32 am to Adam Banks
quote:
He’s saying that with the policies of the 80s Kuwait and Japan were beating the hell out of us.
Presumably we kept those policies that were causing us to get “beat” yet where are Kuwait and Japan now compared to the US? Clearly they didn’t “beat the hell out of us”
That’s not clear at all. His point was, and is, that foreign countries are cutting deals, with our bought and paid for politicians, that give them unfair trade advantages.
We fought a war to defend Kuwait. Who paid for that war? Saudi Arabia and Kuwait paid us $32 billion of the $60 billion it supposedly cost. But why didn’t they pay all of it? That’s what Trump means when he says they are “beating” us, and he’s right.
Posted on 5/17/24 at 10:25 am to Adam Banks
quote:
So the Cold War ending explains Japan having 40 years of a stagnant to recessive economy despite having a similar trade surplus to the US?
I'm not talking about Japan. Did I ever mention Japan? Oh, I do own a japanese vehicle and really enjoy sushi.
Posted on 5/17/24 at 10:29 am to Timeoday
quote:
He was tired then of the US getting ripped off.
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Posted on 5/17/24 at 11:42 am to Timeoday
quote:
I'm not talking about Japan. Did I ever mention Japan?
Your post was a video of Donald saying Japan was “beating the hell out of us”
Japan and their subsequent economic performance seems relevant on how seriously to take what he said and his predictions
This post was edited on 5/17/24 at 11:44 am
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