The United States(!) of A
seeds wrote:US beef producers may about to be wedgied. Good for our producers.
https://www.abc.net.au/news/2025-03-14/3-billion-united-states-meat-trad...
That’s a big one. Will put pressure on Trump.
I hope they do it.
Roadkill wrote:seeds wrote:US beef producers may about to be wedgied. Good for our producers.
https://www.abc.net.au/news/2025-03-14/3-billion-united-states-meat-trad...That’s a big one. Will put pressure on Trump.
I hope they do it.
$3b? That’s peanuts. Knowing Trump he will just send this back in subsidies.
indo-dreaming wrote:flollo wrote:Ray Dalio absolutely nails it on the US debt. Deficit is out of control. The only thing I would add is that other countries also sell their debt. Who will buy all this debt? It just goes up and up. We’ll be in major credit crisis at some point. The only question is when?
https://fortune.com/2025/03/12/national-debt-burden-ray-dalio-foreign-go...
Interesting read crazy stuff.
I get not all debt is bad its part of running a country and the debt to GDP ratio is the important thing (thats getting very high for USA)
But i still find it mind boggling how much USA pays in interest per day and double what it was six or so years ago.
3 Billion USD per day or over 1 trillion USD a year.
Imagine what that money could be spent on.
Which is more than the USA military budget per year
Obviously DODGE isn't going to make much difference, but the first step is to reduce spending to prevent more pain and then to try to start paying the debt off, somehow.
Im convinced this whole tarrif thing has something to do with this, Trump and Elon want legacy and really think they can turn things around.
OR is this MMT modern monetary theory still a thing?
Interest is one of the biggest expense lines in the US budget. It’s as big as health or defence.
https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/
flollo wrote:Roadkill wrote:seeds wrote:US beef producers may about to be wedgied. Good for our producers.
https://www.abc.net.au/news/2025-03-14/3-billion-united-states-meat-trad...That’s a big one. Will put pressure on Trump.
I hope they do it.$3b? That’s peanuts. Knowing Trump he will just send this back in subsidies.
$3 B isn’t peanuts to the beef producers in the USA and Trump won’t really care when they all go broke, can you see a pattern here?
It’s not normal economics 101 .
Confusion wrote:flollo wrote:Roadkill wrote:seeds wrote:US beef producers may about to be wedgied. Good for our producers.
https://www.abc.net.au/news/2025-03-14/3-billion-united-states-meat-trad...That’s a big one. Will put pressure on Trump.
I hope they do it.$3b? That’s peanuts. Knowing Trump he will just send this back in subsidies.
$3 B isn’t peanuts to the beef producers in the USA and Trump won’t really care when they all go broke, can you see a pattern here?
It’s not normal economics 101 .
But the last time he introduced tariffs most of it went back to farmers as subsidies
flollo wrote:Confusion wrote:flollo wrote:Roadkill wrote:seeds wrote:US beef producers may about to be wedgied. Good for our producers.
https://www.abc.net.au/news/2025-03-14/3-billion-united-states-meat-trad...That’s a big one. Will put pressure on Trump.
I hope they do it.$3b? That’s peanuts. Knowing Trump he will just send this back in subsidies.
$3 B isn’t peanuts to the beef producers in the USA and Trump won’t really care when they all go broke, can you see a pattern here?
It’s not normal economics 101 .But the last time he introduced tariffs most of it went back to farmers as subsidies
Trumps first term was totally different to this term , he isn’t surrounded by relatively normal Republicans this term ., but by right wing loonies hell bent on authoritarianism,
He didn’t make enemies of Europe Canada,Mexico Australia, ? And didn’t align himself with Russia and against Ukraine .
Trump also didn’t have a blatant billionaire oligarchy lead by Musk and DOGE etc
Who he owes trillion dollar tax cuts to.
And he is a relative lame duck now.
Flollo is like Indo in failing to see the bigger picture.
Pfft, $3b is peanuts.
Well, they could just start their own lobster processing plant..see? Problem fixed!
3b is not peanuts to those in the industry. China rejecting beef products can easily be followed by Soy beans, corn, cereal, cotton etc etc.
anything like this product rejection affects farmers and farmers are seen as true patriots…fucking them around is not good for Trump. It makes up about 10% of US employment and contributes 1.5T to the US GDP. It’s what can follow after beef that is important.
Trump really has no plan…loving the pushback and Republican incredulous expressions when retaliation occurs. The US, under Trump has over estimated their importance.
Trump ain’t that smart.
Roadkill wrote:Trump really has no plan…loving the pushback and Republican incredulous expressions when retaliation occurs. The US, under Trump has over estimated their importance.
Trump ain’t that smart.
Trump’s first mistake was thinking that the rest of the world watched Fox News like half of Americas dumbo’s!
Confusion wrote:flollo wrote:Confusion wrote:flollo wrote:Roadkill wrote:seeds wrote:US beef producers may about to be wedgied. Good for our producers.
https://www.abc.net.au/news/2025-03-14/3-billion-united-states-meat-trad...That’s a big one. Will put pressure on Trump.
I hope they do it.$3b? That’s peanuts. Knowing Trump he will just send this back in subsidies.
$3 B isn’t peanuts to the beef producers in the USA and Trump won’t really care when they all go broke, can you see a pattern here?
It’s not normal economics 101 .But the last time he introduced tariffs most of it went back to farmers as subsidies
Trumps first term was totally different to this term , he isn’t surrounded by relatively normal Republicans this term ., but by right wing loonies hell bent on authoritarianism,
He didn’t make enemies of Europe Canada,Mexico Australia, ? And didn’t align himself with Russia and against Ukraine .
Trump also didn’t have a blatant billionaire oligarchy lead by Musk and DOGE etc
Who he owes trillion dollar tax cuts to.
And he is a relative lame duck now.
What’s this got to do with the subsidies? Do you think he will or will not subsidise farmers for the lost revenue? Same as last time?
flollo wrote:Confusion wrote:flollo wrote:Confusion wrote:flollo wrote:Roadkill wrote:seeds wrote:US beef producers may about to be wedgied. Good for our producers.
https://www.abc.net.au/news/2025-03-14/3-billion-united-states-meat-trad...That’s a big one. Will put pressure on Trump.
I hope they do it.$3b? That’s peanuts. Knowing Trump he will just send this back in subsidies.
$3 B isn’t peanuts to the beef producers in the USA and Trump won’t really care when they all go broke, can you see a pattern here?
It’s not normal economics 101 .But the last time he introduced tariffs most of it went back to farmers as subsidies
Trumps first term was totally different to this term , he isn’t surrounded by relatively normal Republicans this term ., but by right wing loonies hell bent on authoritarianism,
He didn’t make enemies of Europe Canada,Mexico Australia, ? And didn’t align himself with Russia and against Ukraine .
Trump also didn’t have a blatant billionaire oligarchy lead by Musk and DOGE etc
Who he owes trillion dollar tax cuts to.
And he is a relative lame duck now.What’s this got to do with the subsidies? Do you think he will or will not subsidise farmers for the lost revenue? Same as last time?
No because he just got rid of 2 to 300000 federal employees, al Trump and Musk care about is”saving money “
His not interested in bailing anyone out,
Trumps not a normal President doing normal economics. this term !
He’s just cut subsidies to thousands of farmers
granted by Biden for environmental management of their farms, leaving some of them out of pocket $ 100 of thousands for work already done
At least Meidastouch tells you about these things in perspective !
Project 2025…no $ for subsidies. Farmers have to deal with the consequences alone.
So far up his infected boil encrusted arse he aren’t seeing any daylight ….
https://www.theguardian.com/commentisfree/2025/mar/14/donald-trump-crash...
GuySmiley wrote:So far up his infected boil encrusted arse he aren’t seeing any daylight ….
https://www.theguardian.com/commentisfree/2025/mar/14/donald-trump-crash...
That’s a good read.
I’m always surprised when seemingly intelligent people can’t see the fuck up that Trump and the current crop of cowardly Republicans are.
I can understand how stupid people are suckered in.
That’s why the Republican congressmen, were so shocked when they left their
disinformation bubbles and went and did hometown ,town hall meeting's and were roundly booed by Red states.
^^ yes
Midterms will be very interesting !!
https://thepostmillennial.com/trump-admin-targets-45-universities-over-a...
"On Friday, the Department of Education announced that its Office for Civil Rights has opened Title VI investigations into 45 universities for allegedly engaging in race-exclusionary practices on campus.
Department of Education Secretary Linda McMahon said in a statement, "The Department is working to reorient civil rights enforcement to ensure all students are protected from illegal discrimination. The agency has already launched Title VI investigations into institutions where widespread antisemitic harassment has been reported and Title IX investigations into entities which allegedly continue to allow sex discrimination; today’s announcement expands our efforts to ensure universities are not discriminating against their students based on race and race stereotypes."
"Students must be assessed according to merit and accomplishment, not prejudged by the color of their skin. We will not yield on this commitment," she added."
flollo wrote:indo-dreaming wrote:flollo wrote:Ray Dalio absolutely nails it on the US debt. Deficit is out of control. The only thing I would add is that other countries also sell their debt. Who will buy all this debt? It just goes up and up. We’ll be in major credit crisis at some point. The only question is when?
https://fortune.com/2025/03/12/national-debt-burden-ray-dalio-foreign-go...
Interesting read crazy stuff.
I get not all debt is bad its part of running a country and the debt to GDP ratio is the important thing (thats getting very high for USA)
But i still find it mind boggling how much USA pays in interest per day and double what it was six or so years ago.
3 Billion USD per day or over 1 trillion USD a year.
Imagine what that money could be spent on.
Which is more than the USA military budget per year
Obviously DODGE isn't going to make much difference, but the first step is to reduce spending to prevent more pain and then to try to start paying the debt off, somehow.
Im convinced this whole tarrif thing has something to do with this, Trump and Elon want legacy and really think they can turn things around.
OR is this MMT modern monetary theory still a thing?
Interest is one of the biggest expense lines in the US budget. It’s as big as health or defence.
https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/
Thats what i mean the interest on the debt is more than the defence budget, but worse still is the rate at which the debt is rising.
This is not my area at all, but surely a country cant just keep going down that route, you need to both reduce the rate of the increasing debt and then pay off the debt at a quicker rate.
You cant do either without some pain though and nobody likes an increase in taxes or new taxes.
Tarrifs though sound better and are really just an import tax.
indo-dreaming wrote:This was an interesting listen
Fox News think’s Trump might be playing 4d chess, if he is he’s getting smashed,
But the Fox viewers wouldn’t know anyway.
First look at yer Official Balter Yalta 2.0 Trump Nobel FIGHT! FIGHT! FIGHT! Prize Tapestry Tote Bag
https://ukrainian-artists.pixels.com/featured/sunset-over-yalta-1861-iva...
https://www.vanityfair.com/news/story/putin-trump-yalta
https://pamfleti.net/english/bota/jalta-20-trump-putin-dhe-xi-do-ta-ndaj...
https://asia.nikkei.com/Editor-s-Picks/China-up-close/Analysis-Xi-seeks-...
https://www.channelnewsasia.com/commentary/donald-trump-diplomatic-talks...
3 Supreme Beings open the new Crimea Balter 2.0 Brewery to flush out 3 Sewers of Effluence
World is blended into 3 Exotic Peace Keeping Flavours
Balter Yalta 2.0 Wort Cooled Guava & Papaya
Balter Yalta 2.0 Yeast Pitched Lychee & Acai
Balter Yalta 2.0 Partially Mashed Persimmon & Tamarillo
3 lab tested hand crafted equally distasteful reciprocally tariffed sewers of effluence.
Altogether raise yer gooey shoey & Toast Trump winning his inaugural Nobel FIGHT! FIGHT! FIGHT! Prize!
check out the proposed fee structure on docking a Chinese-built ship/% of fleet built in China, in a US port:
https://www.theepochtimes.com/us/trump-seeks-to-challenge-chinas-shipbui...
Septic Tanks are going to Septic Tank