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cm0002@lemmy.world to United States | News & Politics@midwest.social · 2 months ago

Treasury Secretary Bessent blames Trump tariff sell-off in markets on deflating AI bubble: ‘That’s a Mag 7 problem, not a MAGA problem’

finance.yahoo.com

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Treasury Secretary Bessent blames Trump tariff sell-off in markets on deflating AI bubble: ‘That’s a Mag 7 problem, not a MAGA problem’

finance.yahoo.com

cm0002@lemmy.world to United States | News & Politics@midwest.social · 2 months ago
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Bessent appears to be more interested in bringing down borrowing costs to stave off a potential sovereign debt doom loop than in the $1.5 trillion drop in equities.
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  • gibmiser@lemmy.world
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    2 months ago

    Yes i’m sure the butterfly flapping its wings Hundred thousand miles away is what caused me to shit my pants. It has nothing to do with the fourteen burritos I just ate

    • Nougat@fedia.io
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      Burritoflies.

  • 𞋴𝛂𝛋𝛆@lemmy.world
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    Lol, that is why Facebook launched Llama4 premature before they are done with the final model in the trio. It was Zuck trying to give the WH an excuse to scapegoat and to distract any system thinkers that might push to change the world instead of some Civ game bugs or trying a new LLM model

    • PunkRockSportsFan@fanaticus.social
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      “Im here to fix bugs and change the world and im all out of bugs”

      • some handsome young man
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    deleted by creator

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      No you suck mine, but I’m not sure how it helps this conversation

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        I just see 2 guys having fun on lemmy. Don’t let the rest of us interrupt you.

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    They are brought on to ignore the issues and they’re doing it well

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