Looks like Trump is gonna win. Aside from the usual "world is gonna end" "what happened to humanity" type of statements, what are some of the potential real threats? Interest rate hikes? End of globalization? Rise of new wave of racism?
What's your opinion?
and how did you go?
Lost $12,547 in three hours.
Lesson learnt. Next time just go to casino the chances are bigger.
I call bs
Markets are going gang busters now!
lol
I lost $4800 longing gold overnight
Woke up and was like wtf man!!
You're FIRED
Nothing much will happen. Markets will recover.
/yawn.
If he puts a 45% tariff on Chinese imports as he's threatened to do, something definitely will happen and it won't be good for the US or the rest of the world. I guess it depends on whether you think he's going to do all the things he's been saying he's going to do.
His victory speak was toned down so probably a sign the act is over and he will use common sense. America will never go back to making cheap stuff like clothes and shoes and Trump knows it. He also knows that China can slap tariffs on American imports such as dairy, beef etc
If Trump wants to be truely isolationist in a global sense then the hard trurth is that they need to disconnect from Saudi Arabian Oil dependency. If Trump truely wants to bring back American Jobs with High wages then he can then give the renewable energy sector and electric vehicle industry a massive kick start and transform society. But oh wait! He doesn't believe in climate change.
His campaign hats and shirts are probably made in China like his others clothes he got busted for as they were made in China
@johndemonik: Sadly America is no longer dependent on the Saudies oil. American supply of oil increased dramatically lately, they even sterted to export their crude oil. Lately the American government allowed the export of American oil which I believe was banned and only allowed for local use.
China needs food more than the US needs cheap goods.
Think about it.
China has Australia, NZ, Europe, Asia and parts of Africa that are busting to supply China with more fresh food. They don't need to have American imports.
The thing to think about is who owns most of the US debt
they're saving that oil for when the middle east runs out of oil.
Use up everyone else's and then use your own.
@chumlee: Its not like China can just call in the debt on the day of their choosing.
They also already spend the bonds in their dealings with third countries.
Also, not too many countries export beef - America is one of the bigger exporters.
We should stop kowtowing to China
Actually it is plausible. A t-shirt made in the US for $8 can still be sold for $30 just like a $2 Chinese made T-shirt. We just need to stop the corporation (and the store's landlord - rent is a primary expense) taking such an unfair share. In the US you are either rich or poor and the divide has just gone way too far.
If he raises middle class America and slows down globalisation (Corporate Greed ) then +Trump. The way the coporate media treated him is a good sign.
Mass floods of liberal tears.
Lol. And apparently we get the pleasure of Barbara Streisand's company. :-(
Looks like they already have … S&P up 1.1% overnight.
People of color and survivors of sexual assault are gonna have a bad time
ASX up early today 1.8%….
Hmmmm
Still only at the halfway mark… Don't call it yet! Praying
Praying
He wins? ;)
https://www.donaldjtrump.com/policies/constitution-and-secon…
National right to carry – should be legal in all 50 states
:/
JV 2016
Am losing hope
Clive Palmer 2016?
:P
As long as the choice for election is one arse to another arsehole… I nominate TightArse for 2016 !
What does her being female have anything to do with it? I honestly don't care either way but just curious here, why bother mentioning that she's a lady?
Why mention Obama is black ?
No one did?
@WillRay92: Yes they did, constantly. Obama is the US' first black leader.
So, Hillary will be US' first female president. Update: Trump will be the US' first billionaire president.
Trump is the first US president that boasts about assaulting women instead of trying to hide his sexual affairs.
@syousef: I would rather that than someone that is in cahoots with monsanto. Oh and Bill Clinton is a rapist.
Be careful what you wish for. You have it now. Watch the damage that gets done. Will make Dubya's reign look tame.
@syousef: I do think there is some merit in the saying " better the divel you know, but not this time. The globalists need to pull their heads in.
I don't have a problem with them making a change. It's the details of the change I have a problem with.
Someone has mummy issues?
More tension between North and South Korea and the effects of that on Northeast Asia since US military is one of the deterrent.
Not sure what Trump presidency would mean to nuclear umbrella, that said, by the looks of it, he'd probably fold the nuclear umbrella. That in my opinion would cause fair bit of chaos in Northeast Asia and probably would spread to other parts of the world as well.
I'm against nuclear umbrella. Hope Trump fold the nuclear umbrella.
If US folds nuclear umbrella and pulls out of South Korea, South Korea has no other option than to join nuclear arms race… That'd (profanity) Northeast Asia. The situation in Northeast Asia is already tense as is, with China being China, Japan trying to squirm out of Article 9 of the constitution and North Korea being completely out of control.
You think that'd end there?
Japan would need their own nuclear armament and significant expansion of their defence force generally.
Taiwan is probably much further behind in terms of developing nuclear arms.
@Scrooge McDuck: The problem with Japan arming themselves up is, again, the tension in the Northeast Asia is very high. China, Japan and Korea all have their reasons to put each other in the potential threats list. So one arming up cause others to follow in pursuit. F-X Phase 3 ending with F-35, not F-15SE, in my opinion is one of the examples of that.
If Japan arms with nuclear weapon themselves (which would probably piss off a lot of countries in the region), even without going into history, it'd give more and more reasons for South Korea and China to follow in pursuit. Both countries are more than capable of producing nuclear weapons.
@Scrooge McDuck: I know, I was on the process of editing. Anyways, similar logic applies to other two cases. The things that stop Japan and Korea from arming themselves with nuclear weapons are, along with others, non-proliferation treaty and nuclear umbrella. China was recognised by NPT as Nuclear Weapon States (like US, Russia etc etc).
If US pulls out and they fold the nuclear umbrella, I think it gives both countries excuse to exercise their right to withdraw from non-proliferation treaty.
Anyways, even without considering Japan and China, removal of US military in South Korea would cause instabilities between North Korea and South at the very least. North Korea still is a threat to South Korea, civilian casualties have happened i.e. bombardment of Yeonpyong in 2010.
So yeah, I frankly hope things don't escalate to that sort of extreme end.
He said he wants the more countries to have nukes, specifically South Korea and Japan.
If everyone has nukes Noone will ever use them = a safer world.
The alternative is taking them away from everyone- which is impossible.
Yeah, that's the concept of Mutually Assured Destruction. How many times did we have cases where mankind could've started full on war because of human errors? Mutually assured destruction, in other words, mean that one mistake and we wipe ourselves off from Earth (because mutual destruction has to be assured for it to be a credible threat).
I guess you might be able to buy a cheap house there
Depends on who built it, Trump or some other developer?
I thought this was mainly dependent on the street price of avocados!
there wont be any other developer
Appreciation of the AUD, good in the short term for travellers
Good for travellers and bad for the local tourism industry :)
depreciation od USD, perhaps.
Looks like AUD has been dropping since trump won?
The AUD has been locked between .75-77c USD for a few months now so no i would say its dropping just going about its flacuation as the world comes to terms what a trump government will mean, it's expected that the US market would become more risky/viotile with trump at the helm which it may still become when he is actually president, if/when that does occur more foreign investors would see australia as a safer market to invent in thus appreciating the AUD
My shares in the Shenzhen exchange have gone down. Thanks Trump :(
So Trump wins… Now what?
America becomes great again, duh.
Start up a business as a wall builder?
The wall will work, because apparently Mexicans haven't worked out how to dig yet.
I think you will need a wall to keep the Americans in!
Or climb. Better get Jon snow to teach them.
@tunzafun001: Have you seen this article:
canada-immigration-website-crashes-as-donald-trump-count-rises
http://www.smh.com.au/world/us-election/canada-immigration-w…
More Jobs - for Mexican bricklayers!! hehe
Well. At least it's clear America is not great.
More ppl will die. Maxico/ISIS tension increase. Immigration issues. UN involvement means US benfit.
UsA funds ISIS
Pics or it didn't happen!
Probably referencing the spillover from arming the rebels in Syria:
http://www.bbc.co.uk/news/magazine-33997408
Money quote "Rebels later admitted some weapons ended up with an al-Qaeda-affiliated group."
Describing it as the US funding ISIS is misleading.
I follow the mounting US debt pretty closely. If you are a true anarchist, Clinton's expensive minority spending would be higher and propel the US$ to no longer being world reserve currency. When that happens, things get really interesting and Hillary would have been the fast forward option.
The debt has already reached a number of no return. Might as well be 1 billion trillion gazillion…If you stack $100 bills on top of each other (thin ways) the debt would reach the moon and back 6 times!
They will never pay it back. Might as well get some health care and big missiles..game time is coming if China calls on it! I still have no idea why/ how the US can be considered a secure cash stash?
Yupp, it's so big now they can hide US$1 trillion here and there. It would take 80 consecutive record years of surplus budgets during boom years to repay the debt, when history has shown >75% of years are deficits.
If you stack $100 bills on top of each other (thin ways) the debt would reach the moon and back 6 times!
Let's fact check that:
Say the US debt is $20 trillion, $100 bills are 0.1 mm thick, the moon is 400,000 km away and that all practical considerations like compression and gravity variation will be ignored.
$20 trillion / $100 = 200 billion
200,000,000,000 * 0.0001 m = 20,000,000 m
20,000,000 m / 400,000,000 m = 1/20
Conclusion:
The stack would only stretch one twentieth of the way to the moon. Your figure is off by two orders of magnitude!
Dont forget about gravitational law + wind pressure , realistically speaking the stack will come down when it barely touch the cloud.
Response from the Trump camp:
Yes, but your figures are false because the moon is actually 384,400 km from earth, the debt is actually 19.5 trillion and the thickness of a u.s. currency note is actually 0.10922mm, not 0.1. Your are spreading misinformation and lies! Lies, I tell you!
Stop trying to make everyone believe the off-the-cuff response was faulty, just because of your faulty figures!
/sigh
Haha, I didn't do a fact check on the article. But the end point remains unchanged).
Lets stick with a current 20 trillion debt (I though it was closer to 30 trillion at the end of this year, with a projected 122 trillion if current spending with health care is implemented) and lets say $10 notes. You are just over 1/2 way to the moon or $1 notes and you will do the trip just over 5 times (working on 384400km).
Either way, when your $100 note stack at 20 million meters high leaves the atmosphere you should probably take note! (bonus pun)
Hey, if you spent 1 million dollars every day since the year 0000 you would only be around 7 trillion down (365.25x2016x1000000)!
I guess the point here is the number is irrelevant. The fact that many votes are probably based on not wanting to raise the debt to 122 trillion (which again really is an irrelevant number) is a bit of a laugh really (albeit a sad laugh for the poor buggers who are removed from the emergency table and placed in a taxi and dumped 2 blocks away to die because they don't have insurance).
Apparently people shooting each other is against human rights and needs military intervention….but leaving them to die in your own country is fine!
Apparently people shooting each other is against human rights and needs military intervention….but leaving them to die in your own country is fine!
Apparently theres no problem shooting people in America either… Only if someone else is doing it.
Sorry, it was my lame attempt at sarcasm. There is much to be said for sites like PolitiFact.com and others that are trying to discern truthfulness from both camps, but that is the kind of lame duck response from the pro-Trump campers ….
The bottom-most of this stack will be turned into diamond! So theoretically they can keep stacking the banknotes and at the same time somehow withdraw the one at the bottom and sell them out as diamond sheet!
fact check restrikes!
The mass of the $100 note is approx. 1g.
20 trillion = 20,000,000,000,000 = 200,000,000,000 of $100 notes = 200,000,000,000g = 200,000 Tonnes.
The size of a $100 is 156mm x 66.3mm, which is approx. 0.01 sqm.
If provided we can stack them exactly one on top of another, the pressure built on the bottom-most one will be:
P = F/A = approx. 200GPa
Just FYI, 110 MPa is the pressure at the bottom of Mariana trench, 12GPa is enough to manufacture diamond from carbon, 96Gpa is the pressure required to press Oxygen into metallic form, and 360GPa is the pressure at earth's core!
Since their bills are made from cotton and linen, they will burn out in the atmosphere due to the sheer pressure, and the remaining ash will combine into diamond in this condition! Voila, diamond sheets!
But have you considered the variation in apparent gravity?
The stack is 20,000 km high and geosynchronous orbit is at 35,786 km.
I still have no idea why/ how the US can be considered a secure cash stash?
Petrodollar
Another Brexit maybe - a vote against the establishment or status quo. "What the hell, it can only get better !"
Democracies are so borderline 50/50 nowadays - everywhere including Australia.
You are right; been saying this the entire time. People are fearing the chaos of the current word, and they think that by going against the establishment they can stem that tide.
Its been close to 50/50 since Bush (or even before). Its always been super polarized over there (here too). I mean, Hillary Clinton could have run against a freaking Potato and the Potato would still get almost 50% of the vote because 'at least it's not a Democrat,' etc.
Moreover, people seem to be forgetting Trump actually lost the Popular Vote anyway; he won the Electoral College. It means he got in on a technicality, and that people in Swing States temporarily lost their minds and won him the election.
But the real damage isn't Trump— he hasn't even done anything yet. Its the reactive panic to Trump that is really damaging. I mean, even when they relected Bush, people didn't freak out like this, and he had had 4 straight years of suckage. It's pretty cray.
A technicality? It's designed that way so heavily populated cucked states like California and New York don't get the final say. A popular vote system is stupid anyway, if anybody looks at a map of US counties the VAST majority of the country is red with the cities staying blue, typically city dwellers like to think of themselves as progressive and think they know what's best for everybody, they don't.
People are sick of political correctness and being labelled racist, misogynist, xenophobic, homophobic, arachnophobia, claustrophobic and any other ic and ism just because they express a different opinion than the "tolerant left".
Trump isn't the problem here, the issues the US are facing right now is because the heavily biased media have been comparing him to Hitler for the past 18 months and the "progressives" have bought it.
let's short sell DJ indexes!