The problem is, apart from Bessant being an obsequious fool, that now he says they are creating 'strategic uncertainty' everyone knows officially not to trust anything from the US.
If it’s strategic uncertainty, you don’t announce that to the world. Then it becomes certain. Also, the best negotiators always pretend to be poor negotiators and naive. Then they get everything they want and more, while you think you got the best of them.
One thing that kills the economy and trade relations is uncertainty. So he’s saying that the plan is to use strategic uncertainty to crash the economy.
I call this Absolute Baffoonery. A bunch of smug assholes with massive egos with a level of hubris that rivals any in human history. Little forethought to complex issues and as it fails, calls it a massive victory rationalized by word salads covered in Agent Orange dressing . Fuck them!
Watching Scott Bessent speak publicly is uncomfortable for any empathic human. That pained smile, first thinking he's clever and then a moment later realizing that he is being pathetic is really too much
The arrogance of American 🤡 and the orange 🤡
may be their own demise.
This is forcing the rest of the global market to recognize that the usa is not the only game in town.
Bessent is very dangerous; he knows exactly how damaging all of Trump’s trade tactics are and what they are doing to our domestic economy and international reputation, yet does nothing but support them!
makes me think he was the one thinking up the very fancy mathematical equation to obtain tariff rates. what a joke he is and everyone is counting on him, scary.
If our Treasury Secretary believes this, last week’s bounce was clearly all technical and based on “hope”. Retest of the lows is more likely than the “pain trade” being up.
That Besset guy is like some kind of demon. He's the evil guy who helps the vampire in horror movies. You don't really know why he helps the vampire but he's getting something out of it and he doesn't give a shit about the people the vampire sucks dry.
Manufacturing investment is collapsing, even before new tariffs bite. Strategic uncertainty might create negotiating leverage — but it also freezes business decisions and risks a broader slowdown.
Strategic uncertainty creates the incentive to await the resolution of the uncertainty before taking action. It creates a disincentive to commit to costly action, like a trade deal, in case the source of the uncertainty is still volatile, as it certainly is in this case.
Yeah he's got a lot of leverage against American businesses who all have nothing but uncertainty now. They careen towards bankruptcy uncertain if he'll undo his disastrously incompetent policies.
Can’t decide if that’s a constant smiley face or a smirking one. Which ever it is, it’s always an inappropriate facial expression for the topic. What a dork.
Strategic uncertainty drives business into insolvency. It drives business and jobs away. You've lost allies, tourism, and the plot. You've lost your morals, your courage, and your place in the world.
Strategic uncertainty. You master it by playing 4D chess. The reality is that we are in the midst of a giant cluster fuck created by the stable genius and his evil minions.
In Trump’s version of strategic uncertainty, even he doesn’t know where he’ll end up because it depends on what the last piece of BS one of his advisors fed him was, how badly the markets are tanking, and how many Egg McMuffins he had for breakfast.
Strategic uncertainty refers to the lack of clear or complete information about future outcomes. It's the uncertainty that arises from not knowing what other players will do or from not fully understanding the potential consequences of one's own actions. Good plan.
On game theory, strategic uncertainty is a situation players need to manage. It’s not a strategy. “Strategic uncertainty” refers to the unpredictability that arises when decision-makers are unsure about the actions, intentions, or strategies of other players in a competitive or interactive setting.
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Even he hasn’t got a clue what he’s doing.
The nonsense being deliberately being pumped out is staggering
It's gone beyond gaslighting and into the realm of pure Orwellian doublespeak
What a complete hack!
That’s never been called strategic.
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@antimagaclub.bsky.social
It’s a room full of cl🤡wns
When the economic Great Depression 2.0 “second coming” arrives, the Trump administration reality show will be seen for what it is.
Even the MAGA cult camp followers will have a epiphany of their Trump messiah with clay feet.
may be their own demise.
This is forcing the rest of the global market to recognize that the usa is not the only game in town.
We would rather do biz with anyone else.
How ignorant or insincere
https://youtu.be/euHfP6X_axY?si=lYnSaM3ZSMjPvbFW
Plenty of room for market to chop around before a real trend change.
Leverage = yelling economic fire in a theater, aggressively soiling yourself, then demanding the other theater-goers wipe you?
"we have no f***ing clue what we are doing"