Treasury Secretary Bessent says China's escalation was 'big mistake,' country playing with 'losing hand'
Treasury Secretary Bessent says China's escalation was 'big mistake,' country playing with 'losing hand'
China plays a very long game. These people in this administration are morons.
Not just that, their citizens can't pressure their government to cave...
If China and the US are hurt equally, that's worse for the US.
Especially since we're having the same fight with every other country (except Russia...) simultaneously
Having a cabinet of Trump loyalists whose only move is to double down is somehow not giving us an agile, effective government, huh? Gosh, this is so surprising.
This administration needs a better poker face before it starts using card game metaphors. The panic is showing.
Who owns the debt?
Mostly Americans actually, but it's going to cost us all dearly to refinance it. We're not going to be able to afford to do anything as a country for decades.
He means the US is playing with a losing hand, right? :anakin-meme:
Having an army of yesmen is convenient... except when you are an absolute moron and the yesmen only accentuate your own stupidity and incapacity.
What is it with these shitbags and card metaphors?
They're being honest about it it l just not meaning to. They're gambling admitting they're gambling and like every longer gambler they can't admit there's even a possibility they'll loose.
This guy is such a massive waste of space. 9 times out of 10 when he's asked an economic question, "I don't know" is his answer. And then the few other times he says shit like this, which also isn't helpful.
