U.S. Treasury Secretary Bessent, U.S. investment boom is sustainable and just beginning. πŸš€

U.S. Treasury Secretary Bessent, U.S. investment boom is sustainable and just beginning. πŸš€

  • There is pent-up investment demand in the U.S., and the U.S. is open to the world.
  • AI investments will begin to contribute to productivity gains in the first or second quarter of next year.

[Related to China] πŸ‡¨πŸ‡³

  • The stock market will not affect negotiations with China.
  • China is trying to reverse its narrative on rare earth mineral trade negotiations.
  • The Chinese side was preparing new measures, but did not want to escalate the situation.
  • This is not just a U.S.-China issue, but a β€œChina vs. the world” structure.
  • The United States has a number of β€œleverage” that is much stronger than China’s rare earth export control.
  • The U.S. has assets vital to China’s supply chain, including semiconductors, aircraft engines, and various key minerals.
  • China’s bureaucrats lack the capacity to manage the entire global supply chain and manufacturing process.
  • We don’t want complete decoupling with China.

[Regarding government shutdown] πŸ›οΈ

  • The only factor holding back the U.S. and Trump administrations at the moment is the government shutdown.
  • It is possible to pay the salaries of soldiers.
  • The shutdown is causing economic damage worth up to $15 billion a day.

[Related to the actual game] πŸ’Ή

  • Not concerned about large-scale unemployment due to AI.
  • Even if federal employment declines, the private sector will absorb that workforce.
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