Trump effect on global economy is good news for USA.

[FlyHi]

The following article is from Goldismoney site but I cant copy the link on my phone.

I enjoyed the read. It is certainly a different perspective.

I love the comment about the IMF being the wealth distribution model... boy did they get that right.

 

 

IMF (international monetary fund) and Trump.

This is not only excellent, it is an eye opener.

The  IMF is warning that “global economies” will contract by $455 billion next year due to the ongoing trade conflict between the  U.S. ,  China , the EU and to a lesser extent,  Japan .
 
President Trump will cost the “Global Economy” $455 billion…. because that money will be transferring back to the America First economy. That’s what happens as MAGAnomics reverses the IMF trade (wealth distribution) model.

 

China and the EU have devalued their currency in an effort to block the impacts from President Trump and the ‘America First’ trade policy.  Because those currencies are pegged against the dollar, the resulting effect is a rising dollar value.  In essence, the globalist IMF is now blaming President Trump for having a strong economy that forces international competition to devalue their currency.

 

In the bigger picture is why President Trump is the most transformative economic President in the last 75 years.   The post-WWII Marshall Plan was set up to allow Europe and  Asia to place tariffs on exported American industrial products.  Those tariffs were used by the EU and Japan to rebuild their infrastructure after a devastating war.  However, there was never a built in mechanism to end the tariffs…. until President Trump came along and said: “it’s over”!

 

After about 20 years (+/-), say 1970 to be fair, the EU and  Japan received enough money to rebuild.  But instead of ending the one-way payment system, Asia and the EU sought to keep going and build their economies larger than the  U.S.   Additionally, the  U.S. was carrying the cost of protecting the EU (via NATO) and  Japan with our military.   The EU and  Japan didn’t need to spend a dime on defense because the  U.S. essentially took over that role.   But that military role, just like the tariffs, never ended.  Again, until Trump.

 

The  U.S. economy was the host for around 50 years of parasitic wealth exfiltration, or as most would say “distribution”. The  term *exfiltration* better highlights that American citizens paid higher prices for stuff, and paid higher taxes within the overall economic scheme, than was needed. President Trump is the first and only president who said: “enough”, and prior politicians who didn’t stop the process were “stupid” etc. etc.  Obviously, he is 100% correct.

 

For the past 30 years the  U.S. was a sucker to keep letting the process remain in place while we lost our manufacturing base to overseas incentives.  The investment process from Wall Street (removal of Glass-Stegal) only made the process much more severe and faster.  Wall Street was now investing in companies whose best bet (higher profit return) was to pour money overseas.  This process created the “Rust Belt”, and damn near destroyed the aggregate manufacturing industry.

 

Unfortunately, putting ‘America First’ is now also against the interests of the multinationals on Wall Street; so President Trump has to fight adverse economic opponents on multiple fronts…. and their purchased mercenary army we know as DC politicians.

 

No-one, ever, could take on all these interests.  Think about it…  The EU, Asia, World Bank, International Monetary Fund, China, Russia, U.S. Chamber of Commerce, Iran, U.S. Congress, Democrats, U.S. Senate, Wall Street, the Big Club, Lobbyists, Hollywood, Corporate Media (foreign and domestic), and the ankle-biters in Never Trump…. All of these financial interests are aligned against Main Street USA and against President Trump.

 

Name one individual who could take them on simultaneously and still be winning, bigly. They say he’s one man.  They say they have him outnumbered.  Yet somehow, as unreal as it seems, he’s the one who appears to have them surrounded.

[yota691]

The US budget deficit exceeds $ 1 trillion in 11 months

12 September 2019 09:48 PM
Direct : The budget in the United States recorded a deficit exceeding $ 200 billion in August, bringing the total deficit since the beginning of this fiscal year level of $ 1 trillion.

The US Treasury announced on Thursday that the US budget deficit was $ 200.34 billion last month, compared with a deficit of $ 214.14 billion in the same period of fiscal 2018.

Analysts had expected the US budget deficit to hit $ 160.5 billion last month.

These figures are in line with those announced by the Congressional Budget Office earlier this week.

Government revenues rose to $ 227.9 billion last month, compared with $ 219.1 billion in the same period last year.

Expenses fell to $ 428.3 billion in August, compared with $ 433.2 billion in the same period in 2018.

In the first 11 months of the current fiscal year, the US budget deficit was $ 1.067 trillion, compared with $ 898 billion in the same period last year.

By 6:10 pm GMT, the dollar index, which tracks the performance of the currency against six major currencies, was down 0.3 percent to 98.334.

 

[bostonangler]

And this is good, how?

 

B/A

 

[yota691]

4 hours ago, bostonangler said:

And this is good, how?

Read it out loud to yourself D/A with 22 Trillion in debt it always be called a deficit, but look at the numbers it better not by much but it better 

Quote

 

Government revenues rose to $ 227.9 billion last month, compared with $ 219.1 billion in the same period last year.

Expenses fell to $ 428.3 billion in August, compared with $ 433.2 billion in the same period in 2018.

 

 

[jg1]

1 hour ago, yota691 said:

Read it out loud to yourself D/A with 22 Trillion in debt it always be called a deficit, but look at the numbers it better not by much but it better 

 

Winning. It only gets better and better and better and better.