Comments by "" (@TheDavidlloydjones) on "Bloomberg Television" channel.

  1. Time for a new term: burp-bubble or something of the sort. If inflation is "always and everywhere a monetary phenomenon," quite plausible, what wwe have seen since the masks came off is a sudden spending burst using up some of the money accumulated over the pasts two years. My savings are at an all-time high and I'm sure this is true for a lot of people.
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  2.  @ngp1868  No, it isn't. It's Germanic, and Bloomberg is from a German Jewish family. So what? Me, I'm Welsh Jewish. We're everywhere. Some of us are Freemasons, too. All sorts of us out here willing to kick your butt, fool.
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  3. If you believe that, I have a bridge in Toranomon you might want to buy.
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  4.  @Mwoods2272  I'm amused that you're studying to be a robot, repeating official truths. Has anybody mentioned to you that roboticism has been automated? The machines have taken over that line of business.
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  5. A crony capitalist economy micromanaged by a half-wit . What could go wrong?
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  6. Well said.
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  7. "Suvey-lance"??? Um, go look it up, fella. The word is "surveillance," pronounced as though it were sur-vey'-yunce. (The "Cambridge" video that says "sr vay luhns" in plummy feminine English isn't English: it's upper-class twit, just one more example of the evils YouTube is inflicting on the world.)
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  8. Uh, Daniel, you should log off your computer when you step away from your keyboard. Some child is writing silly posts under your signature.
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  9. Goffo103, Yes, the Chinese are very sensible and capable people -- as are we when we don't cripple ourselves by voting our worst instincts.
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  10. "Selling the US worker down the drain" would be Trump's idea of putting everybody to work at artificial make-work created by his micromanagement of the economy. America's major problem at the moment is that the benefits of two generations' progress toward free trade have all been taken by the 0.1%. This is a problem internal to the American economy, that of distributing the wealth made by the society as a whole, having it taken by a few gate-keepers, monopolists, grifters and operators.
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  11. 谢谢！ Like anyplace else, America has its good side and its bad. This is temporary, and it will pass.
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  12. Cheap money isn't particularly the issue. The US government is in the hands of halfwit children, and they don't ask the cost of their candy.
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  13. Regular low-level flights, people on the gound poking around -- all necessary parts of verification. But Kim's demand to inspect American bases in South Korea will be where this breaks down -- after it comes into existence, that is. For the moment there is nothing there but a weak and empty press release.
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  14. Damn shame. Leaves the title "Leader of the Free World" open for the moment. Can Macron grow into it?
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  15.  @ThoseWhoStayUofM  A very unlikely claim. All the evidence is that if Trump said predatory Moore would have his claws out.
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  16. Excellent piece. Well said, Leland Miller. (Just one small point: the capital of China is Beijing, not Beizshing. That Frenchified thing flies in the Red states maybe, but it's a wee bit dopey for Bloomberg.)
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  17. Shankoff, This is correct. Even if Trump's "Made In America" great products don't use foreign steel, American steel will have jacked up its price to match the tariff. Domestic or foreign sourced, the Trump interference in the economy hurts the consumer either way.
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  18. 🤣🤣😎😎😂😂🤣🤣 I don't think they make cushions that big. Now if you tried one futon on the first day of the month and then two on the second, and then four, and then.... As you know, it wouldn't take past maybe the middle of the second week.....
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  19. 'Bout the same as all Trump's other promises. Only tax give-aways for the rich are important enough for him to act on. Everything else? Thin air.
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  20. A 60% drop completely destroys a 150% rise. 30% of 250 is 75: half of your previous gain, not your imaginary "nothing" at all.
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  21. Nelson, It has nothing to do with anybody being a "pussy." It's simple economics: tariffs are everywhere and always a drag on economic efficiency. They steal money from huge numbers of people to give to a very few. In the case of the Trump steel and aluminum tariffs, he might help a theoretical, very theoretical, 300,000 people in the steel industry. He will with great certainty hurt everybody who uses steel or aluminum -- and this hurt will happen immediately to the seven million plus people in the industries that use steel or aluminum. The rest of us, all of us, get hurt more slowly down the line. Tariffs are simply a medieval weapon, like the arquebus or the battering ram. They make a lot of noise, and do nothing useful in today's conditions.
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  22. He and I lived in the same little "village," Ookayama, Meguro-ku, a section of Tokyo, in 1972. I was on the north side of the station while he was on the Institute of Technology side of the tracks, but we had acquaintances in common, so I've followed him over the years -- approvingly for the most part. I only know what I've read in the papers, but it does seem to me he did some genuinely dumb things in recent years so I don't think it's all going to come back. Net net, though, Jess, I agree with you. The majority of his bets are sound and they'll come back. He's a smart and decent man, and he'll be able to figure out where he made mistakes, I'm pretty sure.
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  23. I think it's already pretty clear that bone spurs do something nasty to the brain, Moose.
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  24. Trump has claimed at his latest mob rally that his "trade deal," this promised agreement to agree later, is moving forward. I don't think he has had the brains to check his partner's term of office: Nieto leaves the job November 30 -- just exactly when his "90 days or else" threat to Trudeau runs out. At that point Trump is back to zero with Mexico. The fart of the deal. .
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  25. Without antibiotics, you die, friend. Without that artificial fixation of nitrogen in fertilizers, you starve. This new fangled stuff is what makes it possible for you to dream your idle dreams of golf.
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  26. Investing in a little island where people have voted themselves out of Europe seems like a rather stupid idea on its face, doesn't it? Being a pirate island outside the normal world of commerce might have its profitable side -- but a lot of little islands with smarter pirates and fewer millions of citizens sitting around watching are probably the better bet. Why invest in highly taxed unproductive England when there's Grand Bahama sitting right there?
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  27. John, "I did some reading into CETA." you write. Good move. Maybe now go Google up "Halifax" before you post any more of your silly posts? "Doesn't have great shipping capacity"? Where to you think the shipping convoys for the whole European Front in WWII assembled? Google is your friend. Now stop wasting everybody's time, OK?
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  28. Translation: suffering industry whines for government assistance. In Japan, just like everywhere else. The chips industries are divided into two parts, the invention -- think Holland or California -- and the sources of cheap, competent female labour. This latter was Japan in the 1970s, China in th 2000s, and right now looks like Vietnam and Malaysia. Government hand-outs to losers aren't going to change this.
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  29. North-bound horse: south end.
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  30. Nick, You're right, and the Fed will have to tighten the screws for that and a couple of other reasons. That means a rising dollar. Just gonna do wonders for the balance of payments that Trump thinks is the standard of his gold-plated reality.
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  31.  @mystudent11  天安门 Tiananmen.
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  32. Eichengreen is a ver-ree bright observer of China, the first person I know of to have figured out its relationship with Vietnam and the other "China's Chinas" in the production chain. Sound guy.
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  33. "But folks, I was just talking to my friends, this is what you normally do to get off...." "Right, Paul. We're fed up with it."
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  34. And no doubt you think that was an explanation, right, Vanessa?
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  35. Sam,I think you're imagining a country with a Constitution.Cynicism aside, the US Constitution is one of the great creations of humanity so far, and it's held up to some tough challenges -- including the current series...so far.Just keep hoping... Best wishes to you all,(A Canadian friend)-dlj.
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  36. Karen, That's not true. The Laffer curve, aka the phenomenon of diminishing returns, is a truism. There are just two alarming things about it. First, Laffer himself cheated in his originalcocktail-napkin discussion, when he drew the curve but didn't discuss where America might have been on it at the time. Second, the entire American rightwing act a though it's some serious Big Deal. It's not. It's a triviality from Economics 101. They want to use it as an argument for lower taxes, which it is not unless you've demonstrated that some particular tax is on the upper half of the curve. This they never do. Buncha losers. Stoo-pid.
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  37. A trillion dollars in a full-employment economy: Republicans feeling around to see if they can figger out this Keynesian thingie they're heard so much about.
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  38. That's OK, Lisa. When and if the debt becomes a problem we'll just print our way out of it. That's why we're switching all the computers to 64 bit. The Year-2000-problem gave us the rehearsal we needed for adding six zeroes to the price of everything...
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  39. Zhen Luo, 对！
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  40. Also it will fluctuate. No matter what your "it" is. Thank you for asking.
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  41. Nelson King, The Trump economy started January 31, 2018 -- Janet Yellen's last day on the job at the Fed. The Dow Jones was at 26,076.89 -- the end of an eight year climb from the destruction by Cheney and Bush, the repair by Obama and Yellen. The Trump Dow-Jones has not returned to that level yet -- though it probably will, temporarily, under the massive fiscal stimulus of the Trump-Ryan-McConnell deficits.
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  42. North Korean denuclearization is a big problem here, but the real problem is this "Korean Peninsula" thingie. When I lived in Japan I had an acquaintance who commanded a Spruance class destroyer home-based to Yokosuka, just south of Tokyo. He once said "Look, I'm just a 35-year-old kid driving a boat for the Navy -- but I've got more shit here than everything dropped in WWII." Denuclearization of "the Korean Peninsula," what Dear Leader Trump has signed off on, implies Li'l Kim's inspection and verification of every American shipyard, airbase, and other installation -- all those artillery pads with the 100-ton TNT equivalent tank-busters -- in South Korea. I sorta doubt that Donnie Fats has talked that one through with Secretary of Defence Mattis, nor with National Security Advisor Bolton. Nor, of course, with Kim. Yet.
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  43. 晨龙， There is going to be tremendous short-term damage all around, and there is going to be huge long term damage to the United States. The rest of us will pull through to the extent that we are calm, rational, and decent. You should be careful not to overestimate the degree to which the United States is out of control: Trump only represents about 37% of the American electorate, and they are mostly the stupider ones. He has the support of a few intelligent and capable rightwingers, and he gets a lot of noisy cheers from extremist nutsoes, but Trump is not America. The genuine America is still Obama -- a legal scholar who taugh the Constitution, not Trump and his silly friends who have never even read it, and wouldn't understand it if they did. The desire of the huge majority of Americans for cooperation (and trade) with China remains as it was. Trump? He just thrashes around from day to day. Xi-Dada seems wise enough to know how to bribe him: that $500 million slipped to Trump through Indonesia saved ZTE: you can always take rellief from the fact that Trump is a cheap whore. 加油！ -dlj.
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  44. Trump is attacking the American consumer, American business, and the American tax base. What's for China to retaliate against? The more they just sit by and watch the spectacle -- ignorant peasant hits head with hammer, replay at nine -- the better off we'll all be. Sadly, Xi has to play to his constituents, too, so he'll go through the motions of hitting his people and economy, too. Damn shame. Stupidity all around.
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  45. Give Rubberface Trump his damn Nobel Prize -- in medicine. "For the demonstration of forms of psychopathology previously unknown in the public realm...."
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  46.  @ronpeel1878  Ron, Perhaps you missed my tone of despair. I don't think you people are educable -- except through the horrible reality you're about to inflict on the whole country.
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  47. Yeah, shure, gotta manipulate the price of the Dow. Donnie's about to visit with Xi in Brazil, and he's an expert on maintaining market prices. Maybe Donnie can ask him for some advice. Koff. Choke. Calling a market is always a 50-50 proposition, but my guess on this one would be that putting out this press release/yap smells of panic -- which doesn't do much for support, does it?
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  48. How did a trillion-dollar deficit get to be a good thing in a time of full employment and rising interest rates? This isn't Keynesianism, which puts away grain in the good years to provide for the lean ones. This is just "Whooppee, Mommy's left us alone with the cookie-jar" lunacy.
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  49. Eisman speaks good sense. On the other hand Trump and the GOP want to go crazy as quickly as they can. Here's the cloud the size of a man's hand on that horizon: https://www.usatoday.com/story/money/economy/2018/05/23/banking-deregulation-passed-what-you-need-to-know/35251923/
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  50. The magic word was oh-seven. He isn't quite denying it's 2007 again. He certainly isn't saying it is 2007 again. He did, however, put the word into play.
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