Admin; Poll Request please

To put is succinctly Sharktwit has no idea about interest rates or anything really.

Your interest rates has a bearing also on your competitiveness. When competitors nation lower their interest rates and you don't their competitive improves 

So Germany and China lower rates to gain an advantage. 

There was no reason for the Fed to raise rates like they as their was zero inflation. Further the increased rates cost about 500 billion dollars a year. 

Trump was right to call the Fed out. 

Two things. We could well see the globalist dominated Fed raise rates near the election to crash the US economy and help defeat Trump. Trump very obviously is aware of this. 

If Trump nails a trade deal with China it is estimated the Dow will go up by 10,000 points. 

Hence the demonrats opposition to tarrifs. Their praying for a recession - its all on record.

To hell with what's good for American citizens. 

2020 is hugely consequential as to whether the USA survives as a free Republic or whether is goes full on marxist/globalist adopting mind blowing policy disasters.

TRUMP 2020 KAG! FOR THE SAKE OF THE WORLD AS A WHOLE. 

Utter BS. The people who decide interest rates have by far the best knowledge of what is best for the economy. They might not be right 100% of the time, but they certainly know more than Joe Blogs. 

Otherwise, why have interest rates at all? If you don't understand collateral, then you do not have 101 of economics. 

If there was no interest rates, people would spend above their means (which is already happening). If there was no interest rates, people that save (instead of consuming) become poorer, which defeats the point of making a profit.

Search in Google about interest rates, and find people that are qualified in this area. I admit these people know a million times more than what I do. They provide strong arguments for when to reduce interest rates, and when to increase them. 

Trump's government continues to increase to the national debt. It is currently higher than what it has ever been. It is irrelevant if the debt is to other countries, debt is debt. 

The credit crunch recession was caused by irresponsible lending that was not based on real value (collateral). People spent above their means, and when confidence was lost- the economy crashed. This was the banks that did this. 

Some of the smart financial experts saw that the economy would crash before it did because they understand economics. They sold lots of investment assets and made a killing once the inevitable crash happened..... (The Credit Crunch)

There is something very pertinent in the SA Constitution - the function of the Reserve Bbank and that is protecting the quality of the Rand as a currency,  The Zumanoids wanted  to change it and used the Public Protector to recommend such a change,   It flopped because the Appeals Court declared that her recommendation was totally wrong.

The issue of debt of  Government of any country revolves around economic growth,   The additional income derived by Government from economic growth has a major role in repayment of the debt. In the sixteen years of Bus h and Obama administration the debt rose from circa $3,3 trillion to circa $21 trillion.   That was done while the printing presses ran wild printing money.

The only way that the problem can really be solved is through economic growth - which was way below par and even non-existent under Bush and Obama,   One of the key elements for economic growth is availability of loans at low rates to enhance borrowing capacity by the private sector to  fund projects with a direct link ensuring economic growth and increasing of Government real income.  

The other part of the issue is Government spending not only on social issues relating to housing and related problems but on infrastructure projects as well.   Wise Government spending on those type of projects also boost economic growth, but the Obama Administration did zilch to enhance economic growth through those means.

Even if Obama  could have had a third term he would have been rejected by the electorate.   If he was that popular he would have helped Clinton to win the presidency.  He tried his utmost in campaigning vigorously in the four Rust Belt states - Ohio a normal swing state won by Obama in 2008 and 2012, Michigan and Pennsylvania  (voted Democratic in every election since 1988)  and Wisconsin  (voted Democratic in every election since 1984), which the Democrats called the "Blue Wall".    The Democrats lost in all four states and Obama would also have lost in those four states because the blue collar workers rejected the Obama system totally and he would NOT have won a third term.  The comment from ordinary voters in Pennsylvania made on ABC news election night broadcast from Pennsylvania was " Jobs trump everything".   Even with jobs their standard of living declined by 22%  in the last 30 years,

The growth in Government debt from 2000 to 2016 was not linked to economic growth and trillions were spent on ineffective cost-covering issues.     

     .                      .  

Great points Mke and Moz.

These two clowns don't know that you raise interest rates to combat inflation. There was no inflation and NO valid reason to raise rates and by as much as they did.

@Sharkbok. 

This is very interesting. Check this clip. It actually also links to the thread about John Bolton by our friend who also likes to refer to Trump as Bozo. Listen to what Ken Fisher says about Trump and the way he operates. Pay attention, in particular, to him talking about interest rates from about 8:00 onwards, where he says that he does not have a problem with the Fed cutting rates. 

Just a bit of info on Ken Fisher. He is the founder CEO of Fisher investments who have $112Bn under management. He has a personal net value in excess of $3Bn. 

"The firm has offices in Washington, California, Texas, the United Kingdom, Germany, Dubai, Australia and Japan, with further global expansion underway.

His prestigious Forbes “Portfolio Strategy” column ran from 1984 through 2016, making Ken the longest continuously running columnist in the magazine’s history. He now writes regular columns for USA Today, the UK's Financial Times , Germany's Focus Money, Italy's Il Sole 24 Ore, Denmark's Børsen, Sweden's Dagens Industri, Switzerland's Handelszeitun and the Netherlands' Telegraaf. Ken has authored 11 books on finance and investing, including 4 New York Times bestsellers."

Chances are that h e just may know a little more about world economics and interest rates and shyte than you and me put together. 

Fisher probably didn't say enough pro Trump stuff to get our resident clown rooibozo to call him a fool. 

I could be wrong. 

Rooibozo must wonder how fools become billionaires whilst a genius like him barely makes it!  

@Ceradyne,

This person does know more about finance than either of us. However, how objective is he? 

If someone sells ice cream, of course they are going to say ice cream is fantastic. 

Or are they going to say people should only buy ice cream when it is sunny? 

-

The fact remains that if having no interest rates, or always having low-interest rates was the best option - then there would be no such thing as interest rates at all....

People that want to increase interest rates are doing so, to ensure that people do not overspend, and those get do save- get rewarded for this. 

Increasing interest rates has the effect of reducing a nation's debt. It brings the risk of loans closer to the real market value (Collateral). It makes an economy more stable, and less likely to crash.

If the economies crashed tomorrow, and the banks need to be bailed out again - then interest rates would be reduced to give the economy a short term boost.

Have you seen the movie with Christian Bale called the Big Short?  It is based on a true story, where a financial expert predicts the crash. Christian Bale identifies that the housing market is not based on market value and bets against the economy- and makes billions from it. 

The same thing happened before the credit crunch. The true experts identified what was going to happen before the actual crash, and turned it into an opportunity to make billions.

Most investment bankers are slimeballs. Another good movie is the one with Leonardo Capriro- Wolf of Wallstreet- also based on a real-life person that eventually went to jail for fraud and negligence. It shows allot of investment bankers are just salespeople , with no knowledge of the markets.

Obummer had a zero interest rate. Trump now has, was it, 2.5% meaning some 390 billion dollars is being added to national debt per annum. The raising of interest rates hurts export so with competitors knocking various levels of basis points off thevr rates Trump wants interest rates cut for that reason also. Remember there is no inflation. Trump is right again.

The Congressional Budget Office (CBO) projects that interest payments will continue to grow rapidly, rising from $389 billion in fiscal year 2019 (the current fiscal year) to $914 billion in 2028. Overall, net interest costs will total nearly $7 trillion over the next decade

To get out of this Trump has to grow GDP so the Debt/GDP ratio goes down.  Obviously government expenditure must decrease. But to get his money to refurbish the military he had to agree to wasteful Demonrat expenditure. 

When the GOP retakes the House in 2020 Trump can deal with the deficit far more effectively.

@Shark

Low interest rate = aids economy in climbing out of trouble.

Higher interest rate = holds economy in check.

After a period of sustained growth and momentum, the U.S. will raise it's rates. In combination with the new trade deals...expect Trump to be the most economically successful president in a lifetime. 

He is almost that already, while clearly being some distance from his end game.

Many U.S. politicians know this. They hate that some reality tv weirdo is showing them up so severely and by default exposing the persistent ineptitude's long hiding behind bureaucracy.

Plum, hoe gaan dit. Are you still in the Republic?

Hi Draad

Yes. Still in SA. Doubt I will be for much longer though. 

Plum I thought you were in Canada already.   In essence I am  very happy about our contribution on this issue - it is clear and precise.  Sounds like you worked for the Reserve Bank for a while.  LOL  

Nope if you understood even the most basic Biblical truths, which you don't, you would know in God's sight we are all sinners. We don't go to Heaven because we are better than others. 

We boast not of ourselves but of Christ. 

Of course going to Heaven and being given the gift of eternal life is wonderful news, so wonderful one must share it. Pity you are not going to Heaven but it's your choice. 

The Globalist NWO is of Satan and the Biblical reasons are very clear. 

And no sharktwit Christ was not crucified on Christmas day. 

As for Trump its great he arrived in the nick of time to take on the Satanic Globalists. Man do they hate him for destroying their NWO and all the progress they had been making for their one world government tyranny. 

Right now things are heading in the right direction but the battle rages. 

Great to see the Globalist big Tech firms coming under serious scrutiny. 

Like to see anti American globalist rags like CNN, MSNBC, ABC, NBC, WAPO AND NYT shut down for starters. All their lies etc are doing America no good. But at the rate they are losing support hopefully they will silence themselves as viewers etc continue to switch off.

I see your buddy rooibozo can't explain how a universe created itself from nothing. As a raving atheist loon who insists God doesn't exist perhaps you can help the BOZO out and do the explaining. The cowardly rooitwit has given up. He is out for the count. Bwhahahahaha.

Come on sharktwit. You have a big loud atheist mouth, thinking everyone who believes in God is crazy, you explain this. Explain also the 350 volumes of IFORMATION contained in every strand of DNA. 

 Two versions of the same book written in Babylon! You ignorant loon. 

Sharktwit your opining on spiritual matters where  you are clueless is worse that that arch mampara rooitwit who crashes again and again on political matters. 

How can absolute truth be debated? If a religion's God's says something is true, then it is an objective fact that is absolute, not subjective. That pretty much ends any debate... 

What is a fact is that followers of religion will subjectively interpret and apply what the truth is...

Democratic truth is relative, and therefore open to debate which version is more true. 

The Church has had its fun in the past, but it is on its way out- at least in the Western World. We will be feeding you to the lions soon 

No more babbling please sharktwit. You fool nobody not even yourself. Poor rooitwit was hoping you could lend a hand. 

Answers the two questions or admit all your insistence there is no God is total nonsense. 

"So anytime you want to debate you quote selective lines from a primitive ancient text originating from the Arabs as if it is a fact of God...  "

I did that?

.

Most religious people do that. We are talking about religion in general. You also stated I hate "Christian" religion as a whole.

Don't get those lions too excited...you might get Ramsayed like a Bolton ...religion is not nearly done... yet, so don't get too far ahead of yourself , you might end up on the wrong side of some lion adventure. Facism tends to backfire. 

So fascism should be tolerated to be non-fascist? 

....or intolerance should not be tolerated!

So tolerance of intolerance should be accepted? 

Unfortunately mankind will never be free of religion as there are always be scammers and con men as long as there are the uneducated and gullible to be preyed upon.

Thankfully with the advances is education and the sciences the number of religious people is in decline. Hopefully we will see a similar trend in the middle east as we are seeing in the west but they are a long way behind us still.

Education is the path to freedom and as such we must stand against any religious dogma being taught in our schools and in an ideal world all children should be protected from religious dogma until they are at minimum 14.

The religious will not stand for this as they know they have to get them young enough to believe the unbelievable. If they had to wait till the kids were in their teens they know their conversion rates would be almost nil.

@Crusaders fan, Yes preventing the teaching of religion to anyone under the age of 14 is a good idea. We just need more lions in the meantime to eat the remaining brainwashees . 

Belief in the unbelief ...a very unscientific focus.

Believing in not believing....  think about it...a religion of belief in the unbelief.

To accomplish this one forbids religious teaching at schools he says.Well the atheists already accomplished this in the States via Madelyn O'Hare the most evil president of atheists America. and look at all their shootings at schools.Too many whitewashed tombs in atheism.

And the irony seems lost on them.