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Do you think Trump will be impeached or forced to resign?

Do you believe Trump will be impeached or forced to resign?  

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7 minutes ago, Kieran00001 said:

 

If that were the case then why have seen a steady decline in startups since the financial crisis.  Startups need loans, during recessions the banks don't give as many loans, think.

I found it super easy to get a loan during the recession given the dearth of creditworthy candidates and higher down payment requirements. Now, my neighbor who declared bankruptcy a few years back is getting cold called for home equity lines of credit which is what caused his first bankruptcy. Hopefully he learned from his last experience, but I'm not hopeful.

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14 minutes ago, Kieran00001 said:

 

If that were the case then why have seen a steady decline in startups since the financial crisis.  Startups need loans, during recessions the banks don't give as many loans, think.

It is interesting it is just assumed that the only way to be successful is to borrow money from someone else to do it. I think that goes along with the conventional wisdom that says failure is a good thing. If you're always using someone else's money I guess it would be. Assuming you can live with yourself.

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3 minutes ago, lannarebirth said:

It is interesting it is just assumed that the only way to be successful is to borrow money from someone else to do it. I think that goes along with the conventional wisdom that says failure is a good thing. If you're always using someone else's money I guess it would be. Assuming you can live with yourself.

 

It is far from the only way but it is one way and a popular way particularly when credit is being thrown at people which is not during recessions.

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13 hours ago, Jingthing said:

The "malignant normality" of trump being trump.

 

 

You've made it crystal clear you don't like Trump and are a sore loser. Please keep on topic!

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6 minutes ago, MrPatrickThai said:

You've made it crystal clear you don't like Trump and are a sore loser. Please keep on topic!

Desist with the inflammatory personal attacks/name calling. Hilarious that you're complaining about staying on topic. It's a trump topic. Not about me. 

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1 hour ago, lannarebirth said:

I found it super easy to get a loan during the recession given the dearth of creditworthy candidates and higher down payment requirements. Now, my neighbor who declared bankruptcy a few years back is getting cold called for home equity lines of credit which is what caused his first bankruptcy. Hopefully he learned from his last experience, but I'm not hopeful.

Clearly the bank hasn't learned.  Or, more likely, the bank is once again shuffling money around in an irresponsible manner, taking a cut on each transaction, and not assuming any of the risk.  In Trump's anti-regulation environment, I think the latter explanation is the likely one.

 

That's good news for you; it means the seeds for the next financial crisis have been sewn and taken root.

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1 hour ago, lannarebirth said:

It is interesting it is just assumed that the only way to be successful is to borrow money from someone else to do it. I think that goes along with the conventional wisdom that says failure is a good thing. If you're always using someone else's money I guess it would be. Assuming you can live with yourself.

Borrowing is how Trump attempts to make money.  However most of his wealth comes from New York property he managed to keep from foreclosure in the 1980's that have appreciated in value.

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3 hours ago, Jingthing said:

Desist with the inflammatory personal attacks/name calling. Hilarious that you're complaining about staying on topic. It's a trump topic. Not about me. 

Rather sensitive, son. All I called you was a sore loser!!

 

Let me remind you, this thread is about the impeachment of Trump, not every little thing he does or other say about him.

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Rather sensitive, son. All I called you was a sore loser!!
 
Let me remind you, this thread is about the impeachment of Trump, not every little thing he does or other say about him.
Remind yourself.

Sent from my [device_name] using http://Thailand Forum - Thaivisa mobile app

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Perhaps Trump will go down in history as the world's greatest whistle blower:
 

 

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9 hours ago, heybruce said:

Clearly the bank hasn't learned.  Or, more likely, the bank is once again shuffling money around in an irresponsible manner, taking a cut on each transaction, and not assuming any of the risk.  In Trump's anti-regulation environment, I think the latter explanation is the likely one.

 

That's good news for you; it means the seeds for the next financial crisis have been sewn and taken root.

 

The last 30 years have been good news for anyone that ever bought a stock, a bond, a house, a precious metal, a collectible. Nothing to do with me, it stems from long term poor fiscal and monetary policy. 

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9 hours ago, heybruce said:

Borrowing is how Trump attempts to make money.  However most of his wealth comes from New York property he managed to keep from foreclosure in the 1980's that have appreciated in value.

Bringing this back on topic: maybe he'll get impeached or resign from having done that.

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39 minutes ago, lannarebirth said:

 

The last 30 years have been good news for anyone that ever bought a stock, a bond, a house, a precious metal, a collectible. Nothing to do with me, it stems from long term poor fiscal and monetary policy. 

Much is made of the places where houses have been good investments, primarily by people who make money in real estate.  In much of the US home prices have appreciated very little after inflation for the past 30 years.  The past six years have been tough on anyone who bought precious metals.  A stock index fund bought ten years ago would look real good now, one bought twelve years ago would not look so good.  Bonds, as you have indicated, have been earning zero or less after inflation for most of this millennia. 

 

Timing is everything in investments, and timing is only obvious in hindsight. 

 

Edit:  I just found this.  After adjusting for inflation, US real estate prices have appreciated an average of 1% a year over the last 100 years.  It looks like they have about broken even over the last 30 years.  http://observationsandnotes.blogspot.com/2011/07/housing-prices-inflation-since-1900.html

 

Of course some places have done much better than average; much of suburban Honolulu was farmland going for $50 an acre 70 years ago.  But some places have lost significant value after inflation.

 

In spite of this, there's never a shortage of people who get a greedy gleam in their eyes when they hear stories of home prices doubling in just a few years.  The NINJA loan officers love these people.  I've seen the aftermath of enough busts to keep things in perspective.

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19 minutes ago, lannarebirth said:

Bringing this back on topic: maybe he'll get impeached or resign from having done that.

Fingers crossed, yes.  According to Eric Trump. a lot of the borrowed money was from Russia, and it's unlikely the money came with no strings attached.

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20 minutes ago, heybruce said:

Fingers crossed, yes.  According to Eric Trump. a lot of the borrowed money was from Russia, and it's unlikely the money came with no strings attached.

 

Quite possibly, but I doubt that was written in the disclosure documents.  No secret rich Russians and Chinese launder a lot of money. Usually with the help of a complicit financial institution. I think it is more rare that the receiver of those funds is complicit in the conspiracy to launder money, though it does happen. I am confident if such is the case with Trump that Mueller and his team will ferret that out. Probably no one on these boards will.

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