Bessent: China needs to be a 'reliable partner' in trade negotiations | Metals Mine

  • Bessent: China needs to be a 'reliable partner' in trade negotiations

Added at 9:02am

Added at 9:02am

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mbefus
Jun 11, 2025 10:02am
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The US (and most of the G7) is in the beginning phase of a deflationary spiral, that simple monetary levers will be hard-pressed to mitigate. Bessent knows not of what he talks about, and Trump is anything but a 'reliable partner' on anything, with his early a.m. rage tweets of bloviating brain barf.
Every accusation is merely a confession.
Vancarbon
Jun 11, 2025 10:21am — Edited
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Quoting mbefus
The US (and most of the G7) is in the beginning phase of a deflationary spiral, that simple monetary levers will be hard-pressed to mitigate. Bessent knows not of what he talks about, and Trump is anything but a 'reliable partner' on anything, with his early a.m. rage tweets of bloviating brain barf. Every accusation is merely a confession.
The first sentence is right on the money . I suspect the CB intervention will come in to try and prevent the downward spiral you suggest. Inflate away the debt is the covert hatch job we’re witnessing . The “ big beautiful bill “is due for the Senate on the 4th July . Another how many trillion to the deficit in a declining GDP environment.

Just what’s needed.
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