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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Steve203 ⎊❂🐝 HONORARY
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Number: of 86269 
Subject: Re: Trumps Anti-Robin Hood Tax...
Date: 11/20/25 12:29 PM
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One of the things that has always perplexed me is why the total national debt (around $38-39 Trillion right now I believe) isn't balanced against national ASSETS.

iirc, Trump proposed just that, monetizing the assets, clear cutting the forests, strip mining the land. Remember his blathering about a "sovereign wealth fund"? Critics at the time noted, words to the effect "sovereign wealth funds are usually used by countries that have a large surplus, not Trillions of debt". My hunch is the monetized assets would be used to line Trump's pockets, one way, or another.

Steve
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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
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