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Scott Bessent says the China trade talks have stalled

Posted on 5/29/25 at 9:20 pm
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
14694 posts
Posted on 5/29/25 at 9:20 pm
Posted by momentoftruth87
Your mom
Member since Oct 2013
84766 posts
Posted on 5/29/25 at 9:24 pm to
quote:

Goldman Sachs #1 concern right now is the government debt, and the ability of the Treasury to roll over 38% of its debt. They see a potential crisis coming.


These ppl had no issues when the country was being run by an auto pen with an installed potato.
Posted by AGGIES
Member since Jul 2021
8563 posts
Posted on 5/29/25 at 9:27 pm to
Funny that a potato is viewed as less destructive to Goldman Sachs…
Posted by jbdawgs03
Athens
Member since Oct 2017
11478 posts
Posted on 5/29/25 at 9:36 pm to
Wonder why that is?
Posted by momentoftruth87
Your mom
Member since Oct 2013
84766 posts
Posted on 5/29/25 at 9:37 pm to
Why didn’t Ron beat Donald?
Posted by TigersHuskers
Nebraska
Member since Oct 2014
12461 posts
Posted on 5/29/25 at 9:38 pm to
Because they can control the potato
Posted by TigersHuskers
Nebraska
Member since Oct 2014
12461 posts
Posted on 5/29/25 at 9:39 pm to
quote:

Scott Bessent says the China trade talks have stalled


Who wouldn't they?
They are just gonna wait fir another judge to say the tariffs are unconstitutional.
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
14694 posts
Posted on 5/29/25 at 10:14 pm to
quote:

These ppl had no issues when the country was being run by an auto pen with an installed potato.


But we knew this was going to be the playbook. That is why I said I wished Trump came out right after his Inauguration and stressed what a Big Financial Crisis Biden left us in. They should have been talking once a week about it and how Biden has been deferring millions of Foreclosures. It would have been better to have it all crash down in February put the blame on Biden where it belongs. Then the Fed would have to lower rates and we could refinance the debt at a much lower rate which is badly needed.
Posted by loogaroo
Welsh
Member since Dec 2005
36604 posts
Posted on 5/29/25 at 10:35 pm to
quote:

Scott Bessent says the China trade talks have stalled


Why would China negotiate if our courts are helping them?
Posted by Padme
Member since Dec 2020
8079 posts
Posted on 5/29/25 at 10:36 pm to
No sh!t, they should nab them for treason.
Posted by GumboPot
Member since Mar 2009
133473 posts
Posted on 5/29/25 at 10:38 pm to
Behind Stephen Miller, Scott Bessent is probably the best appointment in this administration.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
12947 posts
Posted on 5/29/25 at 10:44 pm to
China isn’t going to change a thing if they think the US courts might bail them out. Until SCOTUS rules definitively on this, Trump is pretty screwed on trade negotiations with everyone.
Posted by duckblind56
South of Ellick
Member since Sep 2023
2921 posts
Posted on 5/29/25 at 10:48 pm to
The panic at the DOW should only have it drop 750 points tomorrow.
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