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!@#$%! · 04.23.2025, 07:59 PM

us treasury secretary scott bessent gave today an excellent speech at the imf/world bank meeting, outlining the economic policy objectives of covfefe's administration. i wish there were more adults like him communicating policy instead of the random foaming at the mouth we get from kkkaroline and all the sycophants

he started by saying that america first did not mean america alone, and that sctually more cooperation and integration was needed for his agenda. this is really good news for everyone

bessent's goal is to get china and europe to become alternative sources of consumer demand in the world. from europe, by unlocking excess savings (like in germany), and from china by promoting more domestic consumption instead of relying on exports. [he didnt specifically say this, but chinese workers would enjoy higher living standards as a result--these people run on 12 hour shifts 6 days a week and live in factories without seeing their families the entire year. a shorter workweek and more vacation and leisure would be nice...]

he spoke also of the imf/world bank needing to get back to the basics of lending in emergencies and for development purposes instead of pushing unrealistic agendas. eg countries that cannot pump water or run hospitals being forced to pursue wind and solar and gender agendas by first world lenders. also about the stupidity of lending indefinitely to governmente that won't get their house in order (like argentina during kirchnerism)

you might agree or disagree with this, but at least it was a reasonable and coherent plan one can argue with. of course the market spoke immediately after, with the dollar rising and us markets getting a boost. im sure many developing countries also let a sigh of relief

i wish the entire government was run by people like this instead of a bunch of retarded demagogues, for fucks sakes

04.23.2025, 07:59 PM	#1553
!@#$%! invito al cielo Join Date: Mar 2006 Location: mars attacks Posts: 42,731	us treasury secretary scott bessent gave today an excellent speech at the imf/world bank meeting, outlining the economic policy objectives of covfefe's administration. i wish there were more adults like him communicating policy instead of the random foaming at the mouth we get from kkkaroline and all the sycophants he started by saying that america first did not mean america alone, and that sctually more cooperation and integration was needed for his agenda. this is really good news for everyone bessent's goal is to get china and europe to become alternative sources of consumer demand in the world. from europe, by unlocking excess savings (like in germany), and from china by promoting more domestic consumption instead of relying on exports. [he didnt specifically say this, but chinese workers would enjoy higher living standards as a result--these people run on 12 hour shifts 6 days a week and live in factories without seeing their families the entire year. a shorter workweek and more vacation and leisure would be nice...] he spoke also of the imf/world bank needing to get back to the basics of lending in emergencies and for development purposes instead of pushing unrealistic agendas. eg countries that cannot pump water or run hospitals being forced to pursue wind and solar and gender agendas by first world lenders. also about the stupidity of lending indefinitely to governmente that won't get their house in order (like argentina during kirchnerism) you might agree or disagree with this, but at least it was a reasonable and coherent plan one can argue with. of course the market spoke immediately after, with the dollar rising and us markets getting a boost. im sure many developing countries also let a sigh of relief i wish the entire government was run by people like this instead of a bunch of retarded demagogues, for fucks sakes
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