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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (64865)	4/5/2018 1:49:47 PM
From: zzpat	Read Replies (2) \| Respond to of 358860

I've always been fascinated by how fast rich people lose money or companies go bankrupt. Today, they say Pershing Square is a fraction of what it used to be. Carl Icahn also had many bad years even though we've had nine years of a bull market. The fall of Blockbuster from being the best in the world to bankruptcy in just a few years. The US from being the largest creditor nation in the world to being the largest debtor nation. The rise of China as the largest creditor nation etc. Companies and countries go from the top to the bottom very fast. What were they thinking? Maybe it's not thinking that causes decline. Too many beliefs and not looking at what the competition is doing. China is eons ahead of the US and Trump thinks he can win a trade war? The man is delusional and ignorant. For the record, Reagan took us from the top to the bottom (creditor nation - debtor nation) in only a few years. One bad leader is all it takes and we've had a lot of them.

To: Wharf Rat who wrote (64865)	4/5/2018 6:26:27 PM
From: TimF	Respond to of 358860

Instead of putting it into landfills, they turn the aluminum cans into aluminum, the glass into glass, and the plastic into laptop computers, and then sell the products to us at a profit. Metals in particular are profitable to recycle. That's why even without deposit laws or recycling requirements you can get money for scrap metal, soda cans etc. You might have to collect a lot of it to get any serious sum of money, but you get paid for it, rather than having to pay someone else to take it away from you.