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Bessent has bet everything he personally has as well as everything he could borrow on that he can get interest rates lower. If he fails he is bankrupt and owes as much as a billion.

Someone once said History is conspiracy, or fuck-up: Either Bessent doesn't know what he's doing (likely) -- or, someone who believes a nation in chaos won't be able to resist the social engineering they want to perform; so they're fine with throwing a molotov cocktail into the American economy.