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    Added news  to  , PresidentTrump

    President Trump is reducing the Debt to GDP ratio indicating that under his Presidency the economy is growing faster than the national debt!

    The debt-to-GDP ratio compares a country's sovereign debt to its total economic output for the year. Its output is measured by gross domestic product. President Trump inherited a debt-to-GDP ratio of 105.5% from Obama. In the first quarter of 2019, the U.S. debt-to-GDP ratio was 103.2%. US Debt is stabilizing under President Trump, while GDP is growing. 

    This ratio is a useful tool for investors, leaders, and economists. It allows them to gauge a country's ability to pay off its debt. A high ratio means a country isn't producing enough to pay off its debt. A low ratio means there is plenty of economic output to make the payments.

    If a country were a household, GDP is like its income. Banks will give you a bigger loan if you make more money. In the same way, investors will be happy to take on a country's debt if it produces more. Once investors begin to worry about repayment, they will demand more interest rate return for the higher risk of default. That increases the country's cost of debt. It can quickly become a debt crisis.

    Obama increased the Debt to GDP ratio by 30% over his first two years and more than 40% during his two terms in office. 



    US “nonfinancial” corporate debt – this excludes debt by banks and by businesses that are not incorporated – rose to a record $15.2 trillion in the fourth quarter, according to data released by the Bank for International Settlements last week. To show how much of a burden this debt is, how it compares to other countries, and to eliminate the effects of inflation, the BIS also expresses this debt as a percent of nominal GDP. Given the growth of GDP in Q4, the ratio of corporate debt to GDP, at 74.4%, was unchanged from the upwardly revised Q3, and was down a tad from the record in Q2 of 74.9%.

    The prior record of US corporate debt had been set in Q4 2008, at $10.7 trillion, as corporate debt had begun to unwind noisily, following the Lehman Brothers bankruptcy, and as GDP growth had turned sharply negative.




    The China Phenomenon

    China, a smaller economy than the US economy, has by far more nonfinancial corporate debt: In US dollar terms, corporate debt in China hit a record of $21.1 trillion in Q1 2018, by far the most of any country. But since then, Chinese companies have been deleveraging under the orders from the central government.



    China’s efforts to deleverage its corporate sector, and the growth in its official GDP, have been reducing the corporate debt-to-GDP ratio from a peak of a blistering 162.6% in Q1 2016 to 151.6% in Q4 2018, still about twice the US ratio. In this chart and all charts below, the US debt-to-GDP ratio is added as a red line for comparative purposes:



    Friends of StreetLoc News can comment.

    Added news  to  , PresidentTrump

    President Trump has won a last-minute reprieve in his effort to block a New York subpoena for his tax records, delaying a federal judge’s ruling from taking effect that would have forced his accounting firm to hand the records to the Manhattan district attorney beginning Monday afternoon.

    The U.S. Second Circuit Court of Appeals in New York granted the emergency stay.

    • The president's lawyers had argued in court last month he was immune from being investigated while in office
    • Manhattan District Attorney obtained a grand jury subpoena for the returns as part of its investigation into the Trump Organization and potential campaing finance violations
    • Trump refused to release his returns voluntarily during the campaign 
    • DA probing whether Stormy Daniels payoffs and reimbursement constituted a violation
    • Trump lawyer Michael Cohen is serving a three-year prison sentence 
    • President's legal team immediately filed an appeal on Monday 
    • The president accused 'Radical Left Democrats' of pushing the investigation

    Added news  to  , PresidentTrump

    President Trump held another SUCCESSFUL RALLY in Manchester, New Hampshire. 

    NewHampshire  

    Added news  to  , PresidentTrump

    British “Carnival of Resistance” Fails. The crowd was small, very small, tiny, smaller, than expected.

    The crowd, if that’s what you call it, is only a few thousand mostly angry misanthropes. Scroll down for Fox News video.

    Protesters shouted, banged drums and waved placards at what organizers called a “Carnival of Resistance” in Trafalgar Square while Prime Minister Theresa May held talks with Trump a short distance away at her Number 10 Downing Street residence.

    Trump Love Prevails.

    Support and Love for the President was at an all time high, but Fake News aka: Mainstream Media will never publish anything positive about Trump.  Watch the Love in this post.


    FOX News reporter Benjamin Hall made the same assessment this morning.

    Labour supporters and jihadis, like the terrorist supporting mayor of London, Sad Khan, who detests Trump so much he floats a baby balloon over his city rife with crime while attacking Trump as a misyogist, etc. etc.

    One statue depicted Trump on a golden toilet. 

    Khan is a belligerent Muslim who has been photographed with known terrorist groups and seems more intent on Pakistani power and multiculturalism than benefiting the citizens of the great country still called — Great Britain.

    He is a “stone cold loser” in Trump’s tweet and lacks taste, decorum or any diplomatic grace whatsoever. He is also small.

    A petition has been created to SACK Sadiq Khan as London Mayer.

     

    Added news  to  , PresidentTrump

    Trump Gives Attorney General Sweeping Power in Review of 2016 Campaign Inquiry and requests assistance from the following departments:

    • MEMORANDUM FOR THE SECRETARY OF STATE
    • THE SECRETARY OF THE TREASURY
    • THE SECRETARY OF DEFENSE
    • THE ATTORNEY GENERAL
    • THE SECRETARY OF ENERGY
    • THE SECRETARY OF HOMELAND SECURITY
    • THE DIRECTOR OF NATIONAL INTELLIGENCE
    • THE DIRECTOR OF THE CENTRAL INTELLIGENCE AGENCY

    Why are the Secretary of Defense, Secretary of Energy and Secretary of Homeland Security listed?

    President Trump: “Today, at the request and recommendation of the Attorney General of the United States, President Donald J. Trump directed the intelligence community to quickly and fully cooperate with the Attorney General’s investigation into surveillance activities during the 2016 Presidential election. The Attorney General has also been delegated full and complete authority to declassify information pertaining to this investigation, in accordance with the long-established standards for handling classified information. Today’s action will help ensure that all Americans learn the truth about the events that occurred, and the actions that were taken, during the last Presidential election and will restore confidence in our public institutions.”



    Press Sec - Sarah Sanders



    Rep. Adam Schiff (D-CA) says that President Trump and Attorney General William Barr are 'conspiring' to "weaponize law enforcement against their political enemies," calling the DOJ investigation into the origins of the Russia probe "un-American." 

    Joining in Schiff is never-trump Republican David Frum, who writes in The Atlantic, "The declassification process will be selective, of course, in service to a predetermined narrative," adding "Trump will be acting as his own Julian Assange, releasing U.S. secrets to advance his agenda." 

    Powerful officials behind the phony narrative that Trump conspired with Russia were actually the ones to “weaponize law enforcement and classified information against their political enemies”, via a baseless probe and selective leaks. Schiff is projecting and understandably panicking.



    Among the documents slated for release, according to their sources, will be the so-called "Bucket Five" - documents which were originally presented to the Gang of Eight in 2016, which included everything the FBI and DOJ used against Trump campaign aide Carter Page - including the FISA surveillance application and its underlying exculpatory intelligence documents which the FISA court may have never seen.