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

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

• 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] 🇨🇳

• 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 “China vs. the world” structure.
• The United States has a number of “leverage” 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] 🏛️

• 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] 💹

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