I'm pretty sure that the Leave campaign harnessed popular resentment, not of the EU as a real-world entity, but of the EU as a whipping boy for successive governments' austerity policies. The other big piece of the jigsaw puzzle is why so many ordinary voters so willing to vote Leave. ** Wonder how much DT and family owe in back-taxes and taxes on unreported income - enough to pay for a wall? (Some estimates are in the $5 billion range - the amount he's asking from Congress for the wall.)Īnything to this analysis of the causes of Brexit? the UK? Russia? What happens if China decides to cash in the T-Bills they already hold? Great! Now that DT has decided to piss off China who the hell is going to buy US T-Bills.Meanwhile:ġ- US economy is slowing down - lower tax revenue in the future Ģ- US T-Bills have to offer increasingly higher interest rates to lure buyers (China is the top T-Bill purchaser ) ģ- Changes in US dollar value mean that older debts cost more to pay off than anticipated Ĥ- Unpaid taxes are accumulating - wonder if the IRS isn't chasing tax cheats as hard or maybe they don't have the personnel to do this part of their job* becuz budget cuts. Shutting down the IRS means fewer taxes collected. Half-wondering whether DT wants to be 'forced' into shutting down the US gov't services because if he does then the IRS would have to let 90% of its employees go on unpaid leave thereby buying DT some time to get himself on a plane to Russia, SA or NK.
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