2 minutes ago, royal white said:

There’s folk on here who would prefer these type of criminals to go to jail, play pool and have community days out.

I'm a woke lefty snowflake allegedly, but I'd pull the switch on her myself.

Dennis Mark Prager (/ˈpreɪɡər/; born August 2, 1948) is an American conservative radio talk show host, political commentator, and writer. He is the host of the nationally syndicated radio talk show The Dennis Prager Show. In 2009, he co-founded PragerU, which creates content advocating capitalism and promoting conservative viewpoints on various political, economic, and cultural topics

Dennis Prager - Wikipedia

Just read that if the US paid $1 million off their National Debt every day it would take 100,000 years to clear it all 😬

All going well at home for Mr Trump too, I see...

Edited Friday at 15:081 day by Sluffy

1 hour ago, Sluffy said:

All going well at home for Mr Trump too, I see...

Any word on new pork markets?

I read earlier, when Trump took office this time around, he banged on about reducing their $35T debt..... It's now $40T

This "hip pocket nerve" that Bolty was banging on about, must be well and truly twitching now

27 minutes ago, Sweep said:

I read earlier, when Trump took office this time around, he banged on about reducing their $35T debt..... It's now $40T

This "hip pocket nerve" that Bolty was banging on about, must be well and truly twitching now

Not really, he and his have pocketed most of the rest

1 hour ago, Sweep said:

I read earlier, when Trump took office this time around, he banged on about reducing their $35T debt..... It's now $40T

This "hip pocket nerve" that Bolty was banging on about, must be well and truly twitching now

1 hour ago, green genie said:

Not really, he and his have pocketed most of the rest

That is because Bolty is the forums wrongest man. No one has come close to being so wrong on so many different subjects than our Bolty. Some are trying but they cant hold a candle to Bolty's supreme ability to be wrong on almost everything he espouses.

1 hour ago, Sweep said:

I read earlier, when Trump took office this time around, he banged on about reducing their $35T debt..... It's now $40T

This "hip pocket nerve" that Bolty was banging on about, must be well and truly twitching now

They are paying €90000 per second in interest

1 hour ago, Winchester White said:

That is because Bolty is the forums wrongest man. No one has come close to being so wrong on so many different subjects than our Bolty. Some are trying but they cant hold a candle to Bolty's supreme ability to be wrong on almost everything he espouses.

As Bolty’s idol Trump might say…….”I’m the best at being wrong. No one else comes close. Everyone is saying it. If there was a Nobel prize for being wrong I’d win it. People come up to me and say what a great job I’m doing at being wrong” etc etc

6 hours ago, Sluffy said:

All going well at home for Mr Trump too, I see...

So good you posted it twice!!!

2 hours ago, athywhite1958 said:

So good you posted it twice!!!

I didn't actually.

If you had bothered to read the tweet you would have seen that only half of it appeared - meaning you would need to go on to Twitter to see the rest of it.

That's why I posted the full version underneath it.

Don't you recall we had a similar conversation some weeks back and you ended up telling me that what I was doing was a good idea?

8 hours ago, Sluffy said:

I didn't actually.

If you had bothered to read the tweet you would have seen that only half of it appeared - meaning you would need to go on to Twitter to see the rest of it.

That's why I posted the full version underneath it.

Don't you recall we had a similar conversation some weeks back and you ended up telling me that what I was doing was a good idea?

So why post the full version when people could start reading it and open the link if they were interested

24 minutes ago, athywhite1958 said:

So why post the full version when people could start reading it and open the link if they were interested

I explained this last time you asked and you agreed with me?

Don't you remember???

To understand the following video of Trump needs an explanation as to what Scott Bessent, Trumps mate who he's appointed as the US Treasury Secretary has been doing -

The UK, China, Japan, South Korea and others are now selling U.S. Treasuries [US government bonds]. When sellers outnumber buyers, the price of the bonds drops… and the interest rate (the “yield”) shoots up. Higher yields mean it suddenly costs America a lot more to borrow money.

So what does Treasury Secretary Scott Bessent do?

He starts buying those same long-term bonds himself to prop up the price and keep yields from exploding even higher. Here the government is using its own money (or newly created money) to buy its own debt because foreigners no longer want it. The music is slowing down.

For 50 years the system worked like this: Gulf countries agreed to sell oil only in U.S. dollars. That forced every country in the world to keep holding dollars as reserves and buying U.S. Treasuries just so they could buy oil. It was the secret engine that kept demand for American debt alive.

That engine is now sputtering.

Saudi Arabia just recorded zero oil sales to the United States for the first time ever. Gulf countries are struggling to sell oil at the same scale, and the old “you must use dollars” rule is showing massive cracks.

When the world no longer needs as many dollars to buy oil, and when big countries stop buying America’s long-term debt… the whole system that has kept U.S. borrowing cheap for decades starts to break.

That’s what we’re watching in real time.

The above is taken from some random bloke off twitter but the gist of what he is saying is right, countries are beginning to sell off US bonds they hold, thus in direct competition with new issues of US bonds being put on the market and driving up the interest rate the US will have to pay back on their own bonds when they fall due - so they are buying their own debt which is basically kicking their debt down the road, with no solution for the US to stop doing so as long as country's are 'dumping' their holdings of previous US bonds they have bought and still hold.

All this stems from Trumps war with Iran that stopped oil going to China and Japan, which in turn stressed their economies (prices started to shoot up) and to dampen that down they've had to raise their interest rate and fund their government borrowing by selling of US bonds to put pressure on to the US government (Trump) which it clearly has - hence Bessent buying US bonds (which hasn't happened since the sub prime crash about 20 years ago).

Anyway the video

Might as well add this one about the 'beef' while I'm here...

I don't know if this fake or not but it made me smile...

More on the beef...

China rejects Argentine beef due to chloramphenicol: investigation and internal consumption crisis - Noticias Ambientales

Edited 23 hours ago23 hr by Sluffy

Update from the Financial Times in respect of Bessent and the US bond market

Financial Times: “Scott Bessent’s running battle with the bond market is starting to look like his boss’s war in Iran — started by his own hand with a tangled set of objectives, an underestimated opponent and an implausible path to victory. And like the conflict in the Middle East, we are all going to suffer its effects.

Three weeks ago, of course, he inserted himself in the market for the Japanese yen, of all things, buying the currency to prop it up in what was painted as a friendly act of solidarity with an ally in need.

The link back to Treasury bonds may not be immediately obvious, but bond market insiders are not buying the friends-helping-friends explanation, and instead see it as an effort to stop Japan from fixing its yen problem by selling down its gigantic stash of US debt.

So now, no fewer than three times in three weeks, Bessent has given the message to investors to please stop selling his bonds. But they are selling his bonds anyway.”

https://ft.com/content/b9e7a620-1018-4004-a3b0-3c85d494d21d?syn-25a6b1a6=1

I also see that Trump's strong arm trade negotiations with Canada went well...

And just as a reminder...

President Trump signing the USMCA (CUSMA) trade deal into law in 2020: “The USMCA is the largest, fairest, most balanced and modern trade agreement ever achieved… there’s never been anything like it.”

Today the U.S. has imposed significant tariffs on Canada, with President Trump now calling the CUSMA/USMCA deal “terrible” and “unfair” and saying he would rather not have it. "It" being the deal he negotiated and signed.

President Trump Signs into Law the United States-Mexico-Canada Agreement - U.S. Embassy & Consulates in Mexico

I don't think Trump's next big project is going to well either...

Edited 53 minutes ago53 min by Sluffy

Going back to Trump and Canada, I really recommend a listen to this -

Four minutes of your life well spent as it explains in simple words the insanity of Trump/MAGA philosophy.

Scott Galloway is the Professor of marketing at the New York Stern School of Business

New York University Stern School of Business - Wikipedia

A toque is what Canadians must call a beanie hat.

Edited 6 minutes ago6 min by Sluffy

On 21/08/2026 at 20:34, Winchester White said:

That is because Bolty is the forums wrongest man. No one has come close to being so wrong on so many different subjects than our Bolty. Some are trying but they cant hold a candle to Bolty's supreme ability to be wrong on almost everything he espouses.

Maggie Tate still holds that title for me.

Absolutely insane that mon.