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Still, running businesses to bankruptcy doesn't look good.
The are privately held companies, owned and controlled by Trump. She is just splitting hairs.
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Well it looks like from your own standards and statement my creditability is intact.
It didn't mention or state anything about Viet Nam other than (India and Vietnam would be top candidates) It never said they were moving there !!! They are looking at moving at this time !!!
So what's your point or should I question your intellect or lack there of ?!?!?!
You are making the complete opposite point that I "think" you are trying to make.
What you are saying is that Trump is forcing vast numbers of companies to concentrate on "what if" instead of productivity and expansion.
That is not "good" money spent.
Let's dispense with the idea that 1 million Americans in a single area (that's what it would take) want to work on iphone production lines. Ain't gonna happen. These workers would have to be young, dextrous, non-drug users, etc.....
Where is such a place?
If and when iphone production comes to the USA it will be robotic and the machines will be made in Japan, Taiwan and China. All well and fine, but it won't do the coal miner or forgotten man a bit of good.
You are cheering for the wrong things...For chaos, for poor business conditions. The market is reflecting this.
As far as whether our WWII ALLIES......(chinese) or our "enemies" (Vietnamese) make things, it doesn't matter a lick. Personally I'd like to see everyone lifted out of poverty and also have worldwide standards for labor, environment, etc. enforced.
Of course, Trump doesn't care about that stuff. New report just showed air is 36% dirtier over the last two years in the USA...and the full Trump policies aren't even in force yet. Suffice it to say 10's of thousands more will die and millions more will get disease...in the USA alone...due to his belief that chemicals don't harm human beings.
I was reflecting this morning: we have a guy who's been bankrupt four times telling, or rather bullying, the chairman of the Federal Reserve on how to do his job. What could possibly go wrong?
Trump himself never went bankrupt. When one owns encumbered real estate and its value drops the Special Purpose Entity owning the real estate often must file. The drop in value is a technical default enabling the lender to seek and obtain the appointment of a receiver. The bankruptcy filing puts that on hold and enables the orderly sale or liquidation of the property.
Those jobs keep coming in - the steel jobs booming.....
"Plant closures
Meanwhile, while U.S. Steel’s guidance spooked markets, the company also announced plant closures. U.S. Steel will be shutting two blast furnaces in the United States and one in Europe. U.S. Steel’s plant closure announcement couldn’t have come at a worse time for President Trump, who started his 2020 campaign yesterday"
As far as Trumps bankruptcies, it's a no-brainer that CORPORATIONS are what go bankrupt. In the most well known of the initial ones, Trump built the Taj Mahal in AC. This was recently sold yet again for FOUR CENTS on the dollar.
The bondholders, investors, partners, contractors and taxpayers (I was a NJ taxpayer at the time and the state gave all sorts of money to Trump based on his promises)......all went home with little or nothing. Trump was forced to sell his boat.....and even then, he admits he was underwater or near so.
Clinton didn't have sex and Trump never went bankrupt.
"Trump has filed for business bankruptcy four times: the Trump Taj Mahal in 1991, Trump Plaza Hotel in 1992, Trump Hotels and Casinos Resorts in 2004 and Trump Entertainment Resorts in 2009. Each time, the bankruptcy was a Chapter 11 filing. "
Basically, he was dead broke until the Ruskies came along and bought him.
The proof is in the pudding. He started out with a free 400 million and parlayed that into about zero over many decades. Then, after the Ruskies, he will end up with a lifetime ROI of about 5%, or about 1/2 what even an index fund investor makes.
When the Dow reaches a milestone under a Democratic president are you going to claim that he, or she, is absolutely the greatest on the economy?
Of course not.
Just like how Trump supposedly gets personal credit for every time the market goes up a point, but bears zero responsibility for anything whatsoever when it goes down.
S&P HITS A NEW RECORD HIGH !!! Right out of the gate today at the open !!!
Nasdaq and DOW knocking on the doors of new highs !!!
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