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Rising interest rates ….a Trump tell?

Started by Mozart6 REPLIES455 VIEWS· 21 Oct 2024, 21:54
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MO
MozartCaptain49,914 posts
21 Oct 2024, 21:54
#1
21 Oct 2024, 21:54#1

The markets seem to think so….rising interest  rates running against the Fed trend. Supposedly Trump is less likely to increase taxes which means the government borrows more. When society uses more of something its price tends to go up. Hence interest rates.


There are a raft of signs out there from so called experts who some time in their careers have picked an election against the trend. So this is just one more, but billions of dollars are backing this view. I always take people more seriously if they put their own money at risk.


Still this remains a very hard election to pick…,men in favor of Trump…Woman and the establishment all in for Harris. Trump a bombastic foot shooter, Harris an empty suit.

DE
DennyCaptain12,893 posts
22 Oct 2024, 01:17
#2
22 Oct 2024, 01:17#2

Yep, there's been no knockout punch, the election remains six of one half a dozen of another which is not surprising considering the quality of the candidates. Trump though should be winning by a landslide which says a lot about the dissatisfaction of voters. It's only Biden who would have been a softer opponent.

CL
clevermikeCoach57,555 posts
22 Oct 2024, 02:15
#3
22 Oct 2024, 02:15#3

If the U SA spent less on idiotic projects and get rid of he kickback systems perevalent in the USA billions of the fruitless expenditure would be eliminated.   The import of  agricultural products coud be eliminated if sane aricultral policues are iplemented - the increased inpot coss largely have an effect on agricural output decrease in food prices and lowering of inflation rates.   

The Bioden administration issued hrousands  regulaion and the buraucracy has increased by hundreds  of thousands  -unproductive expendiure caused billions of fruitless expenditure.  Instead  of cnstruction of nucler power  plants - the USA spend hundres of ower plants with most of  equipmnt imported from China.     

If sane and less bureaucratic systems are implmented that could save the country at least 15# of fruitless and non-produtcive /expediture being  elinated     I always favoured privitization ran on business principles are always more efficient at economic service  providers  at cheaper costs  to the comunity  and the counry as a whole,.    In this regard I speak of personal experience in projects of that nature was privatized and the costs to the  coummunity were maintained at a lower cost with a higher efficiently level services were provided.    . 

Although I was a public servant for most of my life I was for years  realize what idiocy can be expected from bureaucrats more interstd in enhancement of their own inteterests  and not the interets than the communities they are supposed to serve.

In a conference at Bremen - Germany -  whhere I gave a lecture  Isaid the public servants all over the same tendency irrespective of them being in Washington, London, Moscow, Berlin or Pretoria they have the same intenests and cumbersome methods that makes real service delivery a dream rarely achieved..    In some countries their excesses are worse than in others,

I rceivd applause from theaudience when I said th above.  

              

        

BO
bobbok...Captain10,129 posts
22 Oct 2024, 06:34
#4
22 Oct 2024, 06:34#4
The 10 Largest Economies in the World

The U.S. remains tops by a wide margin in the wake of COVID-19, while other countries are grappling with recessions.

2022, by Country
GDP, Current Prices in USD 

2023, by Country
GDP, Current Prices in USD
United States
$25.5 trillion

United States
$26.9 trillion
China
$17.9 trillion

China
$17.7 trillion
Japan
$4.2 trillion

Germany
$4.4 trillion
Germany
$4.1 trillion

Japan
$4.2 trillion
India
$3.4 trillion

India
$3.7 trillion
United Kingdom
$3.1 trillion

United Kingdom
$3.3 trillion
France
$2.8 trillion

France
$3 trillion
Russia
$2.2 trillion

Italy
$2.2 trillion
Canada
$2.1 trillion

Brazil
$2.13 trillion
Italy
$2 trillion

Canada
$2.12 trillion

(*Source: International Monetary Fund World Economic Outlook database: October 2023; 2022 data represents actual figures; Aside from data for India, 2023 figures reflect estimates. All data is subject to revision.)

Indeed, the strength of the U.S. economy following the advent of the COVID-19 pandemic has been a marvel to many economists and world economic experts.

They credit a robust labor market and the dynamic nature of the U.S. in creating new businesses and technologies, as well as massive fiscal and monetary stimulus during the pandemic for an impressive outcome in 2023. The U.S. economy grew by 2.5% last year.

BO
bobbok...Captain10,129 posts
22 Oct 2024, 06:37
#5
22 Oct 2024, 06:37#5

America’s gross domestic product in 2022 was more than 40% greater than that of China, the world No. 2. Even more striking, U.S. GDP was over five times that of the next two largest economies, Japan and Germany.

Recent news that Japan and the United Kingdom slipped into recession by a common though unofficial measure of downturns only highlights the gap between the U.S. and its peer economies, while China also is facing economic challenges of its own.

BO
bobbok...Captain10,129 posts
22 Oct 2024, 06:38
#6
22 Oct 2024, 06:38#6

The 25 Best Countries in the World

https://www.usnews.com/news/best-countries/slideshows/the-25-best-countries-in-the-worldhttps://www.usnews.com/news/best-countries/slideshows/the-25-best-countries-in-the-worldhttps://www.usnews.com/news/best-countries/slideshows/the-25-best-countries-in-the-worldTable of Contents

DB
DbDraadCaptain26,388 posts
24 Oct 2024, 01:00
#7
24 Oct 2024, 01:00#7

YearInflation Rate YOY, From Previous Dec.Federal Funds RateBusiness Cycle*Events Affecting Inflation

20121.70%0.25%Expansion (2.3%)20131.50%0.25%Expansion (2.1%)Government shutdown, sequestration20140.80%0.25%Expansion (2.5%)Quantitative easing ends20150.70%0.50%Expansion (2.9%)Deflation in oil and gas prices20162.10%0.75%Expansion (1.8%)20172.10%1.50%Expansion (2.5%)20181.90%2.50%Expansion (3.0%)20192.30%1.75%Expansion (2.5%)20201.40%0.25%Contraction (-2.2%)COVID-19 pandemic20217.00%0.25%Expansion (5.8%)COVID-19 pandemic20226.50%4.50%Expansion (1.9%)Russia invades Ukraine20233.40%5.50%Expansion (2.5%)Fed raised rates
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