Comments by "Phillip Ellis" (@phil20_20) on "ProfSteveKeen" channel.

  1. Is he crazy 🤪
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  2. O'hell, I'm staying away from AXOS! The whole problem is that Trump is not going to pay down the debt. He isn't even going to try to balance the budget. He is just going to give away the money to his rich friends. If we stopped adding to the budget, which they won't, and GDP were to keep increasing, which it may not now, then revenue would normally also increase, and the budget deficit would diminish. If that was the policy, then the debt would be eliminated - eventually.
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  3. Trump likes that. Ask the Russians.
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  4. £22 Billion? That's pocket change to U.S. Congress. No wonder the rest of us are going broke! Try $8 Trillion.
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  5. Putin and Xi told them to. I think it's more than just Trump. Quite a few of them may be foreign assets. The reasons abound, debt, honey pot, kids, you name it.
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  6. The point was to get the free software and check it for yourself.
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  7. Those are solely based on trade deficits, which happen for any number of reasons, but it's mostly because we have (or did have) more money than they do.
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  8. But not anymore, thanks to Trump.
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