TL;DR
The US Treasury Secretary now claims “America First” isn’t isolationist, but this sudden about-face after reckless trade policies suggests it’s damage control, not genuine collaboration. The market’s already feeling the pain.
Story
“America First” Doesn’t Mean America Alone? Think Again.
Scott Bessent, US Treasury Secretary, claims “America First” isn’t isolationist. It’s about “deeper collaboration.” Sure, just like a wolf invites sheep to dinner for “collaboration.”
This sudden gentleness after trade war threats? It reeks of desperation. Remember 2008? Blind faith in markets almost sank us. Now, they’re playing nice because their reckless policies are backfiring. ‣ Trade War: Countries fighting with tariffs—taxes on imports—which hurt everyone.
Bessent says they want to lead global institutions like the IMF. ‣ IMF: International Monetary Fund – lends money to countries in trouble, often with strings attached. Like a pyromaniac volunteering to head the fire department after setting the house ablaze.
Meanwhile, the market’s tanking. People are losing their shirts, their retirement dreams going up in smoke. And our government? They’re trying to smooth-talk their way out, hoping we forget the chaos they created.
History repeats itself. Just like Enron dressed up their fraud in fancy accounting, this administration tries to mask its economic recklessness with soothing words. Don’t buy it.
This isn’t about collaboration; it’s about damage control. They’re scrambling to pick up the pieces, but the damage is done. Remember that the next time you hear a politician promising prosperity.
Advice
Don’t be fooled by political rhetoric. Research trade policies and their potential impact before believing promises of prosperity. The market doesn’t lie.
Source
https://www.reddit.com/r/stocks/comments/1k60y91/us_treasury_secretary_scott_bessent_says_america/