T 2.0

whatithink said:
Carlos Slim, cool name! Its a pity the poster didn't provide evidence of the "known" ties to the drug cartels. Its possible his wealth comes from his investments
  • Telecommunications: América Móvil, Telmex, Telcel
  • Retail & Consumer Goods: Sanborns, Grupo Sanborns
  • Media: The New York Times, O Globo (Brazilian media)
  • Banking & Finance: Grupo Financiero Inbursa, Inbursa Bank
  • Infrastructure & Construction: OHL, Cemex, Minera Frisco (mining)
  • Aviation: Aeroméxico
  • Other: Real estate development and hospitality investments

In any case, Carlos was invited to and did attend Trump's inauguration so read into that what you will!
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Trump appears to adhere to the mantra, keep your friends close and your enemies closer. The last Administration's mantra was "What's in it for the big guy".
 
whatithink said:
Interestingly MBS committed to $450B investments in 2017. Saudi was the first foreign visit by Trump. That's awesome, but unfortunately, it's rather difficult to determine if the Saudis actually invested $450B during that term. I couldn't find anything close to that, i.e. < $50B. Maybe they did, and maybe they will this time, but there are no details as to what the $600B investment will be in or when, so given the previous record, color me skeptical.

I certainly do know that it won't correlate to a $1700 benefit (in kind or whatever) for every single American, that's just funny shit right there.
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The Saudis learned long ago that just storing dollar bills in bank accounts or empty oil barrels would put them at risk of economic and/or political devaluation, so they started buying up tangible assets, things that would carry value through a major worldwide depression. As a result, gold is overpriced and diamond prices are a joke. Their fondness for luxury real estate is a common perception, although their ability to pay (or even feed) the help might be strained in extreme situations. Somebody is buying up industrial materials (lithium, tantalum, rare earths, etc.), putting a cost strain on modern tech manufacturing.
 
watfly said:
Cute, but untrue.


Now explain how Biden accumulated all his wealth on a civil servants salary?
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My comment was a reply related to the Saudi investment. I don't know why Biden was brought into it. I thought he's retired. Whataboutery is a really weak form of discourse and suggests a lack of ability to support views being espoused.
 

Trump Drops Major News About Dr. Fauci in Fiery Briefing​

Dr. Anthony Fauci’s taxpayer-funded security detail has been terminated, President Donald Trump confirmed during a press conference on Friday.

“You know, they all made a lot of money. They can hire their own security, too,” he said, per The Hill.

“Certainly, I would not take responsibility.”
 
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