Let us be honest. Without Russia and China framing BRICS, no other country dares to join the bloc. They have seen what happened to Iraq and Libya and knows they have no deterrent against the terrorist-in-chief and its doggies.
Russia and China are strong enough, Russia militarily and China economically, together to deter any terrorism moves against BRICS, which is why so many countries dared to join the bloc. You can be sure that destroying BRICS is now the agenda of the terrorist-in-chief. All the conflicts are targeted against China, directly or indirectly.
The kidnapping of Maduro is an attempt to deny cheap oil for China, nothing more. The war against Iran, using the enriched Uranium excuse, is also to deny cheap discounted Iranian oil for China. What is even more detrimental is the closure of the Strait of Hormuz to deny Gulf oil going to China.
As China did not suffer the economic detrimental consequences, being well-prepared, the USA has resorted to using secondary sanctions on countries trading with Iran, knowing that China is actually the ultimate target.
We have seen all the many economic strangulation of China - trade wars, tariffs, semiconductor sanctions, denial of EV markets, sanctions against Chinese entities like Huawei and roping in all the doggies in support.
I just read the news that tech giants in USA are reining in investments in AI and data centers. This is telling and shows that what many analysts are saying are coming true. It is unsustainable.
Latest news is that OpenAI's IPO, scheduled in 2026 after SpaceX has been delayed till 2027. This is also telling, knowing that the economic situation in the USA is far from rosy, despite all-time highs on the stock market. Investors in SpaceX obviously got burnt, providing a lesson for OpenAI, knowing that its IPO is not that optimistic. Of course they will spin everything to suit their agenda. I am not an investment guru, just my two cents worth, so pardon me if I am wrong.
Anonymous
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Soon, Treasury sales cratering is also going to be a hoax. Countries selling off their Treasury holdings is also going to be classified as a hoax.
Scott Bessant is telling everyone not to worry as the USA will grow itself out of its US$40 trillion debt. People are laughing at his sick joke. Being supposedly a heralded hedge fund owner talking dick. No wonder he ran his own hedge fund outfit into the ground, losing all the US$5 billion. but he is still super rich. See the picture?
At 3% growth in USA GDP annually, that will take 44 years to clear the debt, not taking into account the spending spree of almost US$1.5 trillion budgeted and interest payments of US$1.25 trillion on its debts still to be added on. How much is going to be left, if any, of the 3% growth, tell me.
The interest payment of US$125 trillion currently on the US$40 trillion debt alone is more than the GDP growth of around US$900 billion a year based on 3%. I am no mathematician, but what kind of calculation is Scott Bessant using? He can con the rednecks and hillbillies, not the common beans elsewhere. Which is why Treasury sales are cratering.
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