Author Topic: Trump unlikely to reverse 100 years of mismanagement  (Read 525 times)

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Offline HAPPY2BME

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Trump unlikely to reverse 100 years of mismanagement
« on: January 29, 2017, 10:15:27 AM »
The coming unhappiness with Trump and his team will not arise because of the actions they take. They will clearly do everything in their might to make America great again. But the probabilities are totally against them to achieve this goal. They are taking over power at a time when debt has grown exponentially since the 1970s. They are also assuming power of a country that has not achieved a proper budget surplus for well over half a century. Even worse, the US has not had a positive trade balance since the early 1970s. So here we have a country that has been living above its means for decades and has no real chance of changing this vicious circle. Trade wars and import taxes are unlikely to improve the situation.


https://goldswitzerland.com/pound-dollar-euro-and-yen-will-be-worthless-within-five-years/

Offline Rick

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Re: Trump unlikely to reverse 100 years of mismanagement
« Reply #1 on: January 29, 2017, 10:38:13 AM »
Doing the same thing over and over, expecting a different result, is the definition of insanity.

We have had 50 years of it not working, lets try something different, do the exact opposite and adjust for results later.

Offline HAPPY2BME

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Re: Trump unlikely to reverse 100 years of mismanagement
« Reply #2 on: January 29, 2017, 10:39:39 AM »
Doing the same thing over and over, expecting a different result, is the definition of insanity.

We have had 50 years of it not working, lets try something different, do the exact opposite and adjust for results later.
:cheersmate: