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I guess it's reassuring to know that some members of the administration privately know that they're fucking up.
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Rohit Chopra
@ChopraUSA
This photo shows the Treasury Secretary reading a text from the Agriculture Secretary. She's worried China has outmaneuvered the US by buying up Argentine soybeans at the expense of our farmers, even as the Administration plans to bail out Argentina with billions of dollars.
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David Watson 🥑
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‘Outmaneuvered’ implies the Trump administration had developed a plan & policy considering Chinese responses. In reality Trump just pulls shit out of his ass, largely made up of 1970’s artifacts of a diseased brain.
most conservatives actually do know better, it kinda makes their dedication to the grift all the more despicable. its why some of them run as democrats then flip etc
Bassett bailing out his billionaire buddy...
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Judd Legum
@JuddLegum
1. The $20 billion taxpayer-funded rescue package for Argentina, announced last week by the Treasury Secretary Scott Bessent, delivers an enormous windfall to hedge fund billionaire Rob Citrone. Citrone has a longstanding personal and professional relationship with Bessent.
They know they're fucking up but they're not going to stop. The guy in charge doesn't understand economics and explaining things to him is a daily chore of repeating the same shit.
If Bessent had one iota of Common Sense, instead of just Bailing out his Hedge Fund friend who invested too heavily in Argentina, he could have made Argentina buy up 🇺🇸 Soy Beans, as a Condition of the Bail out. To then Sell on to their Chinese Buyers, who won't buy from 🇺🇸.
Well, yes, sorta. But those who would have bought the Argentine soya are now in the market for soya they haven't got and so might buy American soya. It is, after all, a commodity, eminently fungible....
hahahahahaha I think you are giving them the benefit of the doubt. I look at this administration and think ... YOU CAN'T FIX STUPID. Buckle up.
Sure but now journos need to question trump on that. Repeat the key pts. Might get some consideration or the Ag Sec gets sacked which just confirms all we know about trump
just buy the crops from farmers...why let this insecurity keep going? if needed, then help them transition to new crops
I like how the text labels the information as “intel” as if an 18 year old in an economics 101 course couldn’t have told anyone this would happen 😂
How are US tariffs on imports to the US to blame for exports to other countries? If those countries increased tariffs on us, I was told thats idiotic and just hurts their own citizens? Which is it?
We all know they do, but they have no balls to speak out on this insanity and therein lies the problem. Except for lutnick, I legitimately think he is an idiot.
The important Thing to know is it doesnt matter to them at all because they can do literally whatever. Trump could shoot someone on Streets and you Guys would still pray for him and call him King or even God. Thats where you are at now these Days.
I’m continually confused as to what exactly you are. A journalist? A sensationalist? A grifter looking for likes on X? How is it possible you’re so stupid and yet apparently rich?
Yeah but Trump more interested in helping Argentina President Milei & if pissing China off helps Argentina sell soy beans well that's the price he's willing to pay to help out a buddy. American farmers can maybe move to those coal mining states where Trump's investing big money.
I mean... I appreciate you looking for a silver lining, but when has anyone privately acknowledging his insanity ever proven to do any actual good?