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REDDIT

Bessent noted that there are “no guarantees” there won’t be a recession.

M
Mar 16, 2025 · 17:14

https://www.cnbc.com/2025/03/16/treasury-secretary-bessent-says-white-house-is-heading-off-financial-crisis.html

This is ominous if I read this right:

“Treasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years.”

So if a recession is caused by them, then so be it. Orange Swan event incoming.

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