Bessent says Carney rose to power on anti-American platform after being 20 points behind.
“prime minister Carney Carney rose to power on an anti American, anti Trump platform. I believe he was more than 20 points behind,”
Artificially low long-term rates hide the true cost of debt and allow politicians to avoid addressing the problem.
“Suppressed long rates sugarcoat the interest-cost projections, shrink the apparent urgency, and let incumbents assure voters the debt is someone else’s problem,”