"Reprivatizing the economy... [with] a six to 12-month lag."

- Scott Bessent, US Treasury Secretary

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Discussion

What does the mean?

Forecasting a one year recession due to unraveling the fake economy

I read it as 6-12 months of pain for economy and average folks before QE/loosing financial conditions.

I've caught that a few times from this admin. Helluva a value prop IMO.

Privatizing the national parks and giving mining rights to his friends? Why does that sound like what Putin has done to Russia? How has that worked out?

cheap talk. as cheap as the sbr talk. total gov spending will probably be higher in 2026 vs 2025.