Trump in fighting mood

HousePlantQueen

Whitewavemark2

On the other hand, you could panic a tad and worry that Trump’s apparent expansionism is reminiscent of so much in history which has never ended well.

I agree. My daughter said this is reminiscent of the 1920s.

I think that what will prove to be reminiscent of the 1920s is the great stock market crash the US is working up to and a recession caused by cutting government spending.

Where the MAGAs will go once their god has let them down I'm not sure...

That’s cheered me up MaizieD for the Uk no signs at all of a government cut in spending so no recession? It’s not that simple surely?

I’ve been waiting for the EU to warn Trump.

Good - they have.

The reason Trump is threatening Canada.

Trump: Canada is subsidized to the tune of about $200 billion a year, plus other things. And they don't essentially have a military. They have a very small military. They rely on our military. It's all fine, but you know they gotta pay for that.

ronib

That’s cheered me up MaizieD for the Uk no signs at all of a government cut in spending so no recession? It’s not that simple surely?

I'm not quite sure what you're trying to say here, ronib.

I think the UK is not far off recession, too. Partly because of spending cuts (what do you think the WFA was all about?) and partly because of continued inflation driven by the Bank of England refusing to lower interest rates.

I agree, Maizie. Reeves is coming dangerously close to having to either make cuts in public service expenditure or raise taxes (but which?) further, I think, if she continues to refuse to increase borrowing. Things will deteriorate further when the increased employers’ NI and minimum wage kick in in April. There have been warnings that the increased costs will be passed on to consumers, thus increasing the cost of living and inflation.

He and Musk made sure that interference behind the scenes created division in the EU, and Brexit- to weaken their position. The UK is now particularly at risk, as trade deals are desperately required to replace the loss of EU market. Remember Brexit was sold as a sure road to very special and profitable deals with the USA which would more than compensate for the loss of EU ones.

We are in a very precarious and dangerous position.

All this is Trump bluster he wants a deal that suits him better,

I’m sure he is subsidizing Canada, he wants them to pay more, Canada has plenty of natural resources they can do that.

He wants control over Greenland so that when it gets exploited others cannot get in, eg China. He could take over tomorrow, Denmark isn’t going to declare war on him, he won’t, a deal will be done.

China has become very dominant in Panama that’s a risk to the US, Trump wants to reverse that, he definitely doesn’t want a war over the canal that could go badly wrong, all he has to do is pay Panama more than the Chinese do.

If he is successful persuading Israel to do a deal over hostages in Gaza and end the Ukraine war we will all feel safer and more optimistic of the future

Is all hyperbole. All hell has already broken loose in Gaza, what else does he suggest, nukes??
The man is as unhinged as his advisor Musk.

Barleyfields

I agree, Maizie. Reeves is coming dangerously close to having to either make cuts in public service expenditure or raise taxes (but which?) further, I think, if she continues to refuse to increase borrowing. Things will deteriorate further when the increased employers’ NI and minimum wage kick in in April. There have been warnings that the increased costs will be passed on to consumers, thus increasing the cost of living and inflation.

She's already making cuts, disguised, as usual ,as 'efficiency savings', 5% across the board in government departments.

I think there 'might' be a small boost once the pay awards given to some public sector employees have kicked in, but I really doubt if that is anywhere near enough to get the economy moving.

The government doesn't need to borrow anything, it just needs to spend a serious amount of money into the economy. The only thing it needs is for the Bank of England to create the money for it.

Businesses do this all the time when they get a loan from their bank. The bank 'creates' the money for the loan and the business spends it. There is no difference at all between the money that commercial banks 'create' when they make loans and the money the BoE creates' for government spending. It buys stuff... that's the whole point of it.

Exactly Maizie, but that’s not the way Reeves intends to operate is it?

Grantanow

Journalists need to find some real issues to write about and give less time to attention seekers like Musk, Trump and various Tory so-called leaders. Of course, it's easy for lazy hacks to write up cheap rhetoric rather than search for real news.

I agree about ignoring Musk. But we can’t ignore someone as powerful as Trump

MayBee70

Grantanow

Journalists need to find some real issues to write about and give less time to attention seekers like Musk, Trump and various Tory so-called leaders. Of course, it's easy for lazy hacks to write up cheap rhetoric rather than search for real news.

I agree about ignoring Musk. But we can’t ignore someone as powerful as Trump

We could afford to ignore him more if we were still members of the EU.

They at least have the economic heft to be able to stand up against Trump

Whitewavemark2

MayBee70

Grantanow

Journalists need to find some real issues to write about and give less time to attention seekers like Musk, Trump and various Tory so-called leaders. Of course, it's easy for lazy hacks to write up cheap rhetoric rather than search for real news.

I agree about ignoring Musk. But we can’t ignore someone as powerful as Trump

We could afford to ignore him more if we were still members of the EU.

They at least have the economic heft to be able to stand up against Trump

So it's not ok for Russia to invade Ukraine but it is ok for the US to take Greenland?

The man and his advisor are idiots. I can't see Trump putting up with being told what to do with his sidekick for long or for Trump to keep his job for the full term.

Maizie

“Businesses do this all the time when they get a loan from their bank. The bank 'creates' the money for the loan and the business spends it. There is no difference at all between the money that commercial banks 'create' when they make loans and the money the BoE creates' for government spending. It buys stuff... that's the whole point of it.”

The difference is that business make a profit or a surplus if you like, for decades the UK hasn’t done this it has just taken on additional loans to pay those that have expired.

The BoE could create money but Reeves has already stated that they aim to balance spending with income and only borrow for infrastructure investment. I expect them to stick to this plan for now, if a lot is borrowed/created for social spending, the finance markets will loose confidence and sterling will depreciate.

Others are fearing a recession, falling sterling could well trigger it

Curious that Trump wants to buy Canada, but doesn't want to buy Mexico. I wonder why that is. It could become the 54th state of the USA.

Grantanow

Journalists need to find some real issues to write about and give less time to attention seekers like Musk, Trump and various Tory so-called leaders. Of course, it's easy for lazy hacks to write up cheap rhetoric rather than search for real news.

I disagree, Trump is no longer funny, he is dangerous, deluded and being encouraged by a man with an awful lot of money.

Wyllow3

How does he intend to resolve matters over the hostages? Trump will hold a lot of power as regards Netanyahu because of the huge military aid budget.

Trump has other connections to the genocidal Netanyahu; his son in law, Kushner, has very strong family connections.

Grantanow

Journalists need to find some real issues to write about and give less time to attention seekers like Musk, Trump and various Tory so-called leaders. Of course, it's easy for lazy hacks to write up cheap rhetoric rather than search for real news.

Why do the Conservatives only have 'so called' leaders? And where does 'cheap rhetoric' end and 'real news' start?

In 2 weeks time Donald Trump will be President of the USA for the next few years. He will have a large army and a huge nuclear arsenal at his disposal. His party command both Houses of Congress. Everyone, should be hanging on his every word because the mad man will be running the asylum and none of our lives are safe.

There isn't much left of Gaza or it's people now.. Genocide and almost complete obliteration of the hospitals and homes whilst the whole world looked on..

It doesn't give me much faith that these meglomaniacs Trump and Musk will be reigned in by any other powers, when they attempt to conquer or buy other countries.. It will all boil down to China versus America in a huge world takeover.. China already owns huge parts of it already..

pascal30

There isn't much left of Gaza or it's people now.. Genocide and almost complete obliteration of the hospitals and homes whilst the whole world looked on..

It doesn't give me much faith that these meglomaniacs Trump and Musk will be reigned in by any other powers, when they attempt to conquer or buy other countries.. It will all boil down to China versus America in a huge world takeover.. China already owns huge parts of it already..

This is the real issue China “owns” large slices of Africa, even Australia, the US has realized this at a very late stage and is beginning to develope its own strategy.

On the other hand if Chinese debts get too oppressive for developing countries, the US could buy out China. We must never forget China is using international finance to fund its expansion

David49

pascal30

There isn't much left of Gaza or it's people now.. Genocide and almost complete obliteration of the hospitals and homes whilst the whole world looked on..

It doesn't give me much faith that these meglomaniacs Trump and Musk will be reigned in by any other powers, when they attempt to conquer or buy other countries.. It will all boil down to China versus America in a huge world takeover.. China already owns huge parts of it already..

This is the real issue China “owns” large slices of Africa, even Australia, the US has realized this at a very late stage and is beginning to develope its own strategy.

On the other hand if Chinese debts get too oppressive for developing countries, the US could buy out China. We must never forget China is using international finance to fund its expansion

and Mongolia with it's resources ,not to mention the genocide when it conquered Tibet

😄😄😄 Canadian MPs are offering free health care to any US states who want to become Canadian.

Also seen is this concerning Blackrock Finance and the Labour Government. www.theguardian.com/commentisfree/article/2024/jul/02/labour-plans-britain-private-finance-blackrock

My daughter pointed me in the direction by seeing something on UTube with RFJ jnr. She asked my opinion. Just something else to throw into the mix.

At present Trump is rather a joke.

I don't think he will be for much longer.