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pete wrote:You're preaching about how import duties will reduce spending power to people in a country where import duties on almost everything is 20+%?
Know why it's like that here? To give local companies a competitive advantage and for the government to make a profit on things imported from other countries. If it's 20% more expensive to bring an iphone into the country then wouldn't apple see if it's feasible to move the plants back to the US and create jobs? Same plants would be able to remain in China to satisfy other markets maybe with lower production but they would not necessarily need to close completely. Same thing with vehicles and anything else they import.
MaxPower wrote:Lmfao @ AbstractPoetic still beating up. Trying so hard to get a point across....guess what?
Donald Trump is your President and you will honor and love him.
ummm http://edition.cnn.com/2016/11/11/us/or ... test-riot/daas wrote:I bet that actual 'mericans not beating up like y'all pseudo americans
Duane 3NE 2NR wrote:ummm http://edition.cnn.com/2016/11/11/us/or ... test-riot/daas wrote:I bet that actual 'mericans not beating up like y'all pseudo americans
Duane 3NE 2NR wrote:ummm http://edition.cnn.com/2016/11/11/us/or ... test-riot/daas wrote:I bet that actual 'mericans not beating up like y'all pseudo americans
daas wrote:All this talk and no one saying anything smh I bet that actual 'mericans not beating up like y'all pseudo americans.
Calma keyboard warriors
toyolink wrote:The characteristics of how brittle the social equilibrium has been in the USA has always been self evident.
What is going to be the impact of the new presidency on global stability hopefully isn't going to follow the sense of social uneasiness being observed today.
Really the new President Elect will have to speedily usher in a sense of calm and order quickly before momentum builds to unmanageable levels.
AbstractPoetic wrote:pete wrote:You're preaching about how import duties will reduce spending power to people in a country where import duties on almost everything is 20+%?
Know why it's like that here? To give local companies a competitive advantage and for the government to make a profit on things imported from other countries. If it's 20% more expensive to bring an iphone into the country then wouldn't apple see if it's feasible to move the plants back to the US and create jobs? Same plants would be able to remain in China to satisfy other markets maybe with lower production but they would not necessarily need to close completely. Same thing with vehicles and anything else they import.
The last I've heard, food prices in Trinidad has ballooned by 30+%, Imbert is considering another fuel hike, and poor Trinidadians are still crying out. Spending power has certainly reduced in Trinidad.
It appears that even with the import tariffs in place, local companies have not invested in locals to the extent that they should, and your government does not appear to have any type of regulation in place to guarantee such investments.
Coincidentally, my expat friend can still apply for a job in TT and make 5x the amount a local would be paid for doing the same job. Funny how that works.
Miktay wrote:AbstractPoetic wrote:Coincidentally, my expat friend can still apply for a job in TT and make 5x the amount a local would be paid for doing the same job. Funny how that works.
What on earth does this mean?
MaxPower wrote:daas wrote:All this talk and no one saying anything smh I bet that actual 'mericans not beating up like y'all pseudo americans.
Calma keyboard warriors
Do you think Rahtid's visa will be approved?
AbstractPoetic wrote:Miktay wrote:AbstractPoetic wrote:Miktay wrote:AbstractPoetic wrote:And now to the important changes at hand, many of which you choose to ignore:
The conservative American Action Forum calculated that Trump's deportation plan would cost $400 billion to $600 billion and, because there are not enough citizens and legal residents to fill the demand, the plan would shrink the labor force and reduce gross domestic product by $1.6 trillion.
As soon as Mr. Trump’s ascendancy became clear on Tuesday night, interest rates on Treasuries began to rise. Usually, an unexpected event causes a flight to the safety of government debt, pushing yields down. That the opposite occurred reflects fears that the deficit might balloon out of control.
http://mobile.nytimes.com/2016/11/11/op ... -harm.html
Educate yourselves, so that you can, at the very least, prepare. Your local economy will also suffer major consequences because of his presidency.
Moot point. Per the business cycle recessions occur every 7-10 years. Theyre a natural feeback mechanism in every western economy.
Even in the mighty USA; https://en.wikipedia.org/wiki/List_of_r ... ted_States
Most astute people already know the probability of recession would be higher...based on history...no matter who became president.
BTW Sweet T&T iz already inna recession.
LOL @ you equating this as another haphazard disturbance as part of the cyclicality tendencies of economic disequilibrium.
Please stop talking in hi faluting gibberish.
The question iz: All economies have a historical business cycle. How does a Trump or Hillary president affect the business cycle's historical reversion to the mean?
Slartibartfast wrote:Miktay wrote:AbstractPoetic wrote:Coincidentally, my expat friend can still apply for a job in TT and make 5x the amount a local would be paid for doing the same job. Funny how that works.
What on earth does this mean?
You forgot out the part where they can be less qualified and competent as well. In some cases they don't even need to speak English.
Miktay wrote:AbstractPoetic wrote:pete wrote:You're preaching about how import duties will reduce spending power to people in a country where import duties on almost everything is 20+%?
Know why it's like that here? To give local companies a competitive advantage and for the government to make a profit on things imported from other countries. If it's 20% more expensive to bring an iphone into the country then wouldn't apple see if it's feasible to move the plants back to the US and create jobs? Same plants would be able to remain in China to satisfy other markets maybe with lower production but they would not necessarily need to close completely. Same thing with vehicles and anything else they import.
The last I've heard, food prices in Trinidad has ballooned by 30+%, Imbert is considering another fuel hike, and poor Trinidadians are still crying out. Spending power has certainly reduced in Trinidad.
It appears that even with the import tariffs in place, local companies have not invested in locals to the extent that they should, and your government does not appear to have any type of regulation in place to guarantee such investments.
Coincidentally, my expat friend can still apply for a job in TT and make 5x the amount a local would be paid for doing the same job. Funny how that works.
What on earth does this mean?
Redman wrote:AbstractPoetic wrote:Miktay wrote:AbstractPoetic wrote:Miktay wrote:AbstractPoetic wrote:And now to the important changes at hand, many of which you choose to ignore:
The conservative American Action Forum calculated that Trump's deportation plan would cost $400 billion to $600 billion and, because there are not enough citizens and legal residents to fill the demand, the plan would shrink the labor force and reduce gross domestic product by $1.6 trillion.
As soon as Mr. Trump’s ascendancy became clear on Tuesday night, interest rates on Treasuries began to rise. Usually, an unexpected event causes a flight to the safety of government debt, pushing yields down. That the opposite occurred reflects fears that the deficit might balloon out of control.
http://mobile.nytimes.com/2016/11/11/op ... -harm.html
Educate yourselves, so that you can, at the very least, prepare. Your local economy will also suffer major consequences because of his presidency.
Moot point. Per the business cycle recessions occur every 7-10 years. Theyre a natural feeback mechanism in every western economy.
Even in the mighty USA; https://en.wikipedia.org/wiki/List_of_r ... ted_States
Most astute people already know the probability of recession would be higher...based on history...no matter who became president.
BTW Sweet T&T iz already inna recession.
LOL @ you equating this as another haphazard disturbance as part of the cyclicality tendencies of economic disequilibrium.
Please stop talking in hi faluting gibberish.
The question iz: All economies have a historical business cycle. How does a Trump or Hillary president affect the business cycle's historical reversion to the mean?
Oh? It's gibberish because you don't comprehend?
Plain and simple: Capitalism cannot handle negative growth. If your consumers aren't spending, and your customer base is dying, you have an arithmetic problem. With Trump's brilliant economic policy, US government's deficit will balloon, inflation prices will go up, and there'll be no injection of new cash flows or investments into the economy. A recipe for disaster, especially if he wishes to enforce protectionism trade policy.
Recessions are temporary. Depressions are not.[/quote]
Clearly yours isnt.
Thankfully the markets are better informed and less emotive.
http://www.cnbc.com/2016/11/11/trump-ag ... ntary.html
trump wins and the market are not crashing......I guess other opinions matter.
Thank God.
hydroep wrote:Those harming people and property should be charged and prosecuted. The authorities are probably giving people some time to cool off before taking more drastic action - wise move.
To Trump's credit, he has tried to downplay their activities as acts of passion. http://www.bbc.com/news/election-us-2016-37953712.
What is troubling though is the the emotive rhetoric from the mouthpieces of the Democratic elite who are obviously fanning the flames of discontent.
On the lighter side, the funniest thing in the wake of Trump's victory has to be the cancelling of classes and tests at some of the so-called Ivy League schools. My God, these children nowadays...just now you will have to wipe the sh!^ from some of dem arse because something will make them too depressed to do it themselves.
baigan wrote:I had so much laughter this election, it was such a sh*tfest. Comedy Gold.
The only thing that'll beat it will be Kanye 2020. Lmao imagine the debates !
'Ima let ya finish, but my platform is the greatest of alllllll time!!!! OF ALL TIME"
"Wrong! Loser, my platform is yugggeeeee, I know all the best platform people. People say all the time, Donald you have such beautiful platforms'
America is so f*cked that they'll actually vote for kanye too
Considering that they resorted to electing the shady turd sandwich and orange douche as their two hopes ...
AbstractPoetic wrote:Miktay wrote:AbstractPoetic wrote:pete wrote:You're preaching about how import duties will reduce spending power to people in a country where import duties on almost everything is 20+%?
Know why it's like that here? To give local companies a competitive advantage and for the government to make a profit on things imported from other countries. If it's 20% more expensive to bring an iphone into the country then wouldn't apple see if it's feasible to move the plants back to the US and create jobs? Same plants would be able to remain in China to satisfy other markets maybe with lower production but they would not necessarily need to close completely. Same thing with vehicles and anything else they import.
The last I've heard, food prices in Trinidad has ballooned by 30+%, Imbert is considering another fuel hike, and poor Trinidadians are still crying out. Spending power has certainly reduced in Trinidad.
It appears that even with the import tariffs in place, local companies have not invested in locals to the extent that they should, and your government does not appear to have any type of regulation in place to guarantee such investments.
Coincidentally, my expat friend can still apply for a job in TT and make 5x the amount a local would be paid for doing the same job. Funny how that works.
What on earth does this mean?
It means that your government isn't out to protect your economic interests and needs FIRST before that of a foreigner. And even where they did, they are paying you significantly less.
That won't fly in a place like the Caymans where preference is given to local Caymanians before that of UK or Canadian applicants.
AbstractPoetic wrote:Complete bamcees on this forum, yes. Let's see how the market reacts when Trump actually takes office, shall we? You know, that time of the season when he is sworn in and actually lays out his new fiscal policy and kicks it into gear.![]()
Last I recall, President Obama can own that current market spike. We're still under his Presidency. Thank God, indeed.![]()
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AbstractPoetic wrote:Redman wrote:AbstractPoetic wrote:Miktay wrote:AbstractPoetic wrote:Miktay wrote:AbstractPoetic wrote:And now to the important changes at hand, many of which you choose to ignore:
The conservative American Action Forum calculated that Trump's deportation plan would cost $400 billion to $600 billion and, because there are not enough citizens and legal residents to fill the demand, the plan would shrink the labor force and reduce gross domestic product by $1.6 trillion.
As soon as Mr. Trump’s ascendancy became clear on Tuesday night, interest rates on Treasuries began to rise. Usually, an unexpected event causes a flight to the safety of government debt, pushing yields down. That the opposite occurred reflects fears that the deficit might balloon out of control.
http://mobile.nytimes.com/2016/11/11/op ... -harm.html
Educate yourselves, so that you can, at the very least, prepare. Your local economy will also suffer major consequences because of his presidency.
Moot point. Per the business cycle recessions occur every 7-10 years. Theyre a natural feeback mechanism in every western economy.
Even in the mighty USA; https://en.wikipedia.org/wiki/List_of_r ... ted_States
Most astute people already know the probability of recession would be higher...based on history...no matter who became president.
BTW Sweet T&T iz already inna recession.
LOL @ you equating this as another haphazard disturbance as part of the cyclicality tendencies of economic disequilibrium.
Please stop talking in hi faluting gibberish.
The question iz: All economies have a historical business cycle. How does a Trump or Hillary president affect the business cycle's historical reversion to the mean?
Oh? It's gibberish because you don't comprehend?
Plain and simple: Capitalism cannot handle negative growth. If your consumers aren't spending, and your customer base is dying, you have an arithmetic problem. With Trump's brilliant economic policy, US government's deficit will balloon, inflation prices will go up, and there'll be no injection of new cash flows or investments into the economy. A recipe for disaster, especially if he wishes to enforce protectionism trade policy.
Recessions are temporary. Depressions are not.[/quote]
Clearly yours isnt.
Thankfully the markets are better informed and less emotive.
http://www.cnbc.com/2016/11/11/trump-ag ... ntary.html
trump wins and the market are not crashing......I guess other opinions matter.
Thank God.
Complete bamcees on this forum, yes. Let's see how the market reacts when Trump actually takes office, shall we? You know, that time of the season when he is sworn in and actually lays out his new fiscal policy and kicks it into gear.![]()
Last I recall, President Obama can own that current market spike. We're still under his Presidency. Thank God, indeed.![]()
![]()
![]()
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