[Video] - PAP Lawrence Wong in parliament scolds Trump for his STUPID TARIFFS sabotaging the World Economy

[UltimaOnline]

 

[UltimaOnline]

 

[Ah Max]

trump iz juz dismantling ze system tat keeps prc above water. time 2 hor yi si

 

[laksaboy]

Seems like Hindustan Times is super anti-Trump. Who are its owners I wonder?

 

[jsctan]

Our white team has heavy intervention in free markets & engineering inflation.
If deflationary measures come, the rich will suddenly see their paper wealth in stock down, prices go to equilibrium & they are always in inflationary mode will kpkb trump.

 

[nabeifuckpap]

Laolan Wong and his whole organization and all his supporters are just another bunch of Trump Derangement Syndrome certified CCP cocksuckers

 

[batman1]

More cdc vouchers n cash handouts for sinkees urgently !!!

 

[in3deep]

Wait Trump give him another 10% tariff then he know

 

[spinn]

lol tok kok go rnd in circles w/o clear rebuttal of d flaws is called stunning ??

juz ntg moar den fear mong ering for erections

 

[searcher1]

Given any crisis is a good opportunity to write off past bad debts, creative accounting & voila !

 

[in3deep]

LW talk so much cock... send our Black Knights to fly over White House to put the fear of lee Kuan yew inTrump!

 

[spinn]

lol brack nites fly wat aircraft ??

all dey nid to do is flip a switch n all drop rike coconuts

 

[ODACHEK]

Vote for PAP, everything will be solved by LW the hero for daft sinkies.

 

[shock888]

Ah Wong is useless.. He should say it to Trump’s face in the Oval Office like Zelenskyy

 

[ftan42]

The purpose of the tariff tax may be to draw attention to the US and ultimately address its primary debt issues, which total $36.2 trillion. Specifically, $9.2 trillion of Treasury bonds are maturing in end 2025, with $6.5 trillion of those bonds set to mature in June 2025. Historically, the government has employed three methods to temporarily alleviate this problem: creating financial turmoil, printing money to redeem mature bonds, and waging war. However, with President Trump's approach, a different strategy may be in play.
When the bond market experiences a downturn, he is likely to makan his statements, revealing his true nature in the process.

 

[Willamshakespear]

The purpose of the tariff tax may be to draw attention to the US and ultimately address its primary debt issues, which total $36.2 trillion. Specifically, $9.2 trillion of Treasury bonds are maturing in 2025, with $6.5 trillion of those bonds set to mature in June 2025. Historically, the government has employed three methods to temporarily alleviate this problem: creating financial turmoil, printing money to redeem mature bonds, and waging war. However, with President Trump's approach, a different strategy may be in play.
When the bond market experiences a downturn, he is likely to makan his statements, revealing his true nature in the process.

Technically, that is correct up to a point.

While those bonds are set to mature, which means buyers of such bonds can get their funds back, USA revenues are huge & can easily return those sums, even $9 Trillion. Just GDP alone is $29 trillion in 2024...

Furthermore, the FED has far more Trillions in their vaults, gathering dust, not just from those whom bought those bonds years back, but much more thru yearly issues NEW bonds, let alone its Gold reserves....

For those whom fear about US treasury notes/bonds, USA had never defaulted in its payments, unlike other countries whom not only defaulted, but even SEIZE saving funds from depositors from banks....

With lesser US Treasury bond issues, it only means lesser interests to pay for such bonds from govt revenue. Should the American dollar drops, it would mean MORE American entrepreneurs would be able to export to other Markets Worldwide. It is a resource rich Nation & needs no imports.

In the end, USA loses nothing. It is a power HOUSE, based upon its democratic principles & way of life, Rule of Law, talented & innovative citizens built up over 200 yrs..

 

[shock888]

Technically, that is correct up to a point.

While those bonds are set to mature, which means buyers of such bonds can get their funds back, USA revenues are huge & can easily return those sums, even $9 Trillion. Just GDP alone is $29 trillion in 2024...

Furthermore, the FED has far more Trillions in their vaults, gathering dust, not just from those whom bought those bonds years back, but much more thru yearly issues NEW bonds, let alone its Gold reserves....

For those whom fear about US treasury notes/bonds, USA had never defaulted in its payments, unlike other countries whom not only defaulted, but even SEIZE saving funds from depositors from banks....

With lesser US Treasury bond issues, it only means lesser interests to pay for such bonds from govt revenue. Should the American dollar drops, it would mean MORE American entrepreneurs would be able to export to other Markets Worldwide. It is a resource rich Nation & needs no imports.

In the end, USA loses nothing. It is a power HOUSE, based upon its democratic principles & way of life, Rule of Law, talented & innovative citizens built up over 200 yrs..

China and the BRICs countries have one chance during Biden’s presidency to switch to use RMB as common currency to replace USD. They missed the chance. Now its never going to happen.