80-90% of those stocks are owned by less than 10% of the population.The US stockmarkets continue to reach new all-time highs, so at least some of those 100 million may not be too unhappy with how things are going - at least for now.
80-90% of those stocks are owned by less than 10% of the population.The US stockmarkets continue to reach new all-time highs, so at least some of those 100 million may not be too unhappy with how things are going - at least for now.
The US Department of Defence plans to withdraw 5,000 troops from Germany, amid a spat between US President Donald Trump and German Chancellor Friedrich Merz over the war with Iran.
The decision comes a day after Trump criticised Merz, who suggested the US had been "humiliated" by Iranian negotiators.
In social media posts on Thursday, Trump said Merz was "doing a terrible job" and had "problems of all kinds", including on immigration and energy. Trump has also suggested pulling US troops from Italy and Spain.
The US has a significant military presence in Germany, with more than 36,000 active duty troops assigned to bases across the country as of last December.
In a statement, Pentagon spokesman Sean Parnell said the order had come from Secretary of Defence Pete Hegseth.
"This decision follows a thorough review of the Department's force posture in Europe and is in recognition of theater requirements and conditions on the ground," he said.
"We expect the withdrawal to be completed over the next six to twelve months."
Trump, a longtime critic of the Nato alliance, has been lashing out at allies over their refusal to participate in operations to reopen the Strait of Hormuz.
Asked on Thursday whether he would also consider pulling US troops from Nato allies Italy and Spain, Trump responded: "I probably will - look, why shouldn't I?"
"Italy has not been of any help to us and Spain has been horrible," he added, criticising them for their response to the war in Iran.
"In all cases they said, 'I don't want to get involved.'"
Merz told university students earlier this week that "the Americans clearly have no strategy" and he could not see "what strategic exit" they might choose.
"The Iranians are obviously very skilled at negotiating, or rather, very skilful at not negotiating, letting the Americans travel to Islamabad and then leave again without any result," he said.
He added that the "entire nation" was being "humiliated" by the Iranian leadership.
In response, Trump took to his platform Truth Social, where he said Merz thought it was "OK for Iran to have a Nuclear Weapon" and "doesn't know what he's talking about".
"No wonder Germany is doing so poorly, both Economically, and otherwise!" the post read.
The BBC has contacted the German embassy in Washington for comment.
The US military deployment in Germany is by far its biggest in Europe, with about 12,000 troops in Italy and a further 10,000 in the UK.
Many are stationed at Ramstein Air Base outside the south-western German city of Kaiserslautern.
And while Trump has proposed US troop reductions in Germany before, they have so far not come in to effect.
Only Japan hosts a larger US troop presence.
In 2020, a proposal to move 12,000 US troops from Germany either to other Nato countries in Europe or back to the US was blocked by Congress and then reversed by President Joe Biden.
At the time, Trump had accused Germany of being "delinquent" because its military spending was well below Nato's target of 2% of economic output (GDP).
But that has changed dramatically under the Merz government.
Germany is projected to spend €105.8bn (£91bn) in 2027 - with total defence expenditure next year set to reach 3.1% of GDP.
Last year, the US decided to reduce its troop presence in Romania, as part of Trump's plan to shift the focus of US military commitment from Europe to the Indo-Pacific region.
Romania's defence minister said the decision was made after Hegseth conveyed to the Romanians that they needed to pay more attention to their own defence.
The decision was met with disapproval from some of Trump's fellow Repubicans in Congress, and concern from other Eastern European countries wary of Russia.
Was just about to post something related to this. I wonder if 5,000 is the chosen number because they absolutely couldn't get away with more? Ramstein is one of the most important US military bases globally so surely not even the Trump Administration is so vindictive that they'd cut off their nose to spite their face? This will absolutely not be the win Trump thinks it will be unless the win is intended for Putin, which has often been the case with some of his actions to be fair.Yeah, long term this might not be the win Trump thinks it is, as it gives Europe more impoetus to go on without US influence:
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US to cut troop levels in Germany by 5,000 amid Trump spat with Merz
The decision to reduce the US deployment to Germany comes amid a row between the two allies over Iran.www.bbc.co.uk
The Iran 'conflict' has made a lot of people VERY rich. If you can play the markets as oil prices go up and down, you're laughing. If you have shares in oil companies posting record profits in just one quarter (like three times that of 2025 Q1) then you're laughing.
If you're just out there struggling with high prices for gas and groceries, you're a loser and should have worked harder. Don't expect any help as that's communism.
(What's worse is that many Americans are conditioned to believe that if you are struggling, it was your own fault because everyone who works hard* can become rich).
* including inheriting wealth or ripping off others etc.
It's easy to earn $1bn through hard work, all you have to do is work 60 hour weeks.
The slightly harder bit is to ensure you're earning $320 an hour.
Oh, and I nearly forgot, to do so for one thousand years.
My fear is that Trump just decides to do something and it has to be done. The people who are aware of the consequences are outside his inner circle, who won't pass on anything negative to him. See also Iran.Was just about to post something related to this. I wonder if 5,000 is the chosen number because they absolutely couldn't get away with more? Ramstein is one of the most important US military bases globally so surely not even the Trump Administration is so vindictive that they'd cut off their nose to spite their face? This will absolutely not be the win Trump thinks it will be unless the win is intended for Putin, which has often been the case with some of his actions to be fair.
You have to be asleep to believe it. Or perpetually concussed.Ah, the American dream...
One that is swiftly becoming a bad nightmare Dictatorships never end well.You have to be asleep to believe it. Or perpetually concussed.
Returning to this, the head of the Secret Service has provided an update. In which he says that only two people fired weapons - the attacker (Cole Allen) and a single Secret Service officer. He also said that the officer who was apparently shot by the shooter, was shot "point blank, with a shotgun". In total six shots were fired. How (a) his body armour was effective enough that he was able to return fire; and (b) why this directly contradicts the video evidence previously released is left as an exercise for the reader.I'm not one for conspiracy theories, but this just seems strange as hell. Why such little security when the protocol was usually so much more in place to lock the hotel down? I have other concerns about the sequence of events, but I'm going to hold on until the suspect goes up for charges and hopefully more information comes out (and not just what Trump splurges on social media).
WARNING: Graphic content—U.S. Secret Service Director Sean Curran discusses details of the shooting at the White House Correspondents’ Association Dinner and the actions taken by the Secret Service on ‘The Will Cain Show.’ (Fox News)
Trump is often observed to be a political sponge who takes on the opinions of the last person who spoke to him. This combined with his increasingly addled mind means it's probably his cabinet controlling him rather than the other way around, some of whom are, to but it bluntly, treasonous Russian stooges. Not a label to apply lightly but some of them genuinely deserve it, including but not limited to, Steve Witkoff.My fear is that Trump just decides to do something and it has to be done. The people who are aware of the consequences are outside his inner circle, who won't pass on anything negative to him. See also Iran.
I'm never sure why people use this as some sort of "gotcha". I've never heard anyone assert that you can become a billionaire through labour alone, so that's a straw man.It's easy to earn $1bn through hard work, all you have to do is work 60 hour weeks.
The slightly harder bit is to ensure you're earning $320 an hour.
Oh, and I nearly forgot, to do so for one thousand years.
I'm never sure why people use this as some sort of "gotcha". I've never heard anyone assert that you can become a billionaire through labour alone, so that's a straw man.
I consider myself on the left and am strongly in favour of attempts to level the playing field, as well as (obviously) preventing corruption. But if the implication is that we should be against (or dilute) company ownership, I would certainly disagree with that, as would most of the political spectrum today.
The specific target of a billion is used for effect, but there is no denying that many conservatives espouse the view that success in life is entirely a result of effort. Thereby ignoring the structural inequalities built into our societies.I'm never sure why people use this as some sort of "gotcha". I've never heard anyone assert that you can become a billionaire through labour alone, so that's a straw man.
With Trump you can be sure of one thing, what comes out of his mouth won't be the truth, the whole truth, and nothing like the truth, he lies so much that he can't tell when he's lying.The specific target of a billion is used for effect, but there is no denying that many conservatives espouse the view that success in life is entirely a result of effort. Thereby ignoring the structural inequalities built into our societies.
Considering the subject of this thread, he has repeatedly said that he got his start in business thanks to "a small loan" from his father, said loan being several multiples of the lifetime earnings of the bottom 99% of US residents.*
*While DJT says that the loan was $1M, research has shown that it was at least $60M, and the average US citizen earns $1.5 - $2.5M in their lifetime, and only 1% earn more than $12M.
Never say never.Had it not been for his dad's empire, he would have ended up a washed out old bum, most likely spending much of his life in prison for scams and fraud.
The guy is a grifter of epic proportions. Everything he touches turns to crap for the normal people around him who he scams out of their life savings whilst he and his already rich friends get even richer. But mainly he gets richer.
I think social media, and un regulated news stations, have a lot to answer for, people who maybe are not as well educated, will always fall for the scams, and not ask to many questions, or whats in it for those editors and owners,I think it's social media combined with the USA's very weird relationship with anything that could be badged as Socialist.
Indeed - it’s the “flip side” of the almost “holy” American Dream.(What's worse is that many Americans are conditioned to believe that if you are struggling, it was your own fault because everyone who works hard* can become rich).
* including inheriting wealth or ripping off others etc.
Yeap, if he had a horse, he would be making it a god,The Independent reports the big bad orange monster claiming he considered renaming the Gulf of America (Mexico) after himself in a rambling speech. Oh dearie me, the gift keeps on giving with this one...
That will be the only way he will leave the white house willingly, in a casket.Arguably the only way Trump goes quietly is in his sleep...
That will be the only way he will leave the white house willingly, in a casket.
They will have to remove him via the back door, away from cameras etc, with no news footage because he will try tooth and nail to remain in the white house, then flee at the last minute on his plane to Russia. Abandoning everyone else to take the fall.Or if still alive, sedate him then carry out in a wheelchair. He probably will mumble on incoherently about fake news or stolen elections then just distract him with a bar of gold to play with
Thing is, Putin is as transactional as DJT is, so would likely as not turn him away since at that point he wouldn't be useful to furthering Russian aims.They will have to remove him via the back door, away from cameras etc, with no news footage because he will try tooth and nail to remain in the white house, then flee at the last minute on his plane to Russia.
but there could be an awful lot of money to be syphoned across into Russia with him or following him...Thing is, Putin is as transactional as DJT is, so would likely as not turn him away since at that point he wouldn't be useful to furthering Russian aims.
He did offer refuge to Assad though, and I can't see him being of any further use.Thing is, Putin is as transactional as DJT is, so would likely as not turn him away since at that point he wouldn't be useful to furthering Russian aims.