mcoulter876
1687
51
3
https://www.theguardian.com/us-news/2026/jul/31/scott-bessent-japanese-yen
Aug 3, 2026 12:40 AM
mcoulter876
1687
51
3
https://www.theguardian.com/us-news/2026/jul/31/scott-bessent-japanese-yen
YuffieK
Foreign bailout, or making sure 'they' have spendable currency when the dollar implodes? /s
PatrickDenStore
That's hundreds of dollars worth!
dynamojoe
Only one thing on a to do list with a vague amount but clear handwriting, placed where he knows the press can see it. Obvious bait but the press has to bite. He'll be ready for the questions and will point to the "success" of the Argentina bailout.
ayers231
It's his escape plan. If it all goes tits up, he'll jump on this life raft...
UncleRat
Bessent has used this ploy before.
saloonmen
He wants something from them. Probably half the money tucked away in a freezer. I would bet my life on it. Just how his mind and, our money works these days.
Pulger
Is this a sweetener for the Mitsubishi Patriot deal, or an apology for the "Islamic Republic of Japan" goof a few weeks ago?
lifeisadadjoke
The US isn't capable of bailing anyone out right now. They are less solvent than a crack whore. The money being spent on the war with Iran is money they don't really have...and without oil transactions happening, the USD will go down faster than said crack whore.
PapaJoeNH
What makes you think that will stop them?
dohcohv
No one is sure why they are doing it. JPY is pretty stable and the rates have been low(~1%) for decades. Organizations buy up or get loans in JPY and spend it elsewhere.
ilovebigmutts
I thought they were a far right govt that wants to keep the gene pool clean while dealing with low population of japanese people and removing immigrants. I could be wrong.
TheMoonBnuuy
Trump has repeatedly demonstrated that "America First" means giving America's tax dollars to help countries other than America. We can subsidize the world but we can't pay for the much cheaper cost of healthcare and housing for underprivileged Americans.
updootsonlyupdoots
Not mention school lunches for children.
usernametakenisthestoryofmylife
We need his maga crowd to see this, that he's bailing out a foreign government.
wejustdontknow
Again.
FartsSmellBad
It has been shown time and time again they as a group don't care one bit what their "representatives" do, so long as their team is doing it
backrideup9
As long as they can spin it as "owning the libs", its ok with the cult.
LifeIsSoUnfair
He's trying to shore up a failing bond market at home.
borocanuck
How much in US treasury bonds does Japan hold? Don't want them selling those when China is clearing out of them.
cgt9803
They gave Argentina $40bn
dynamojoe
The only reason for that was to get Milei elected. Fascists help fascists. The value of the Argentinian Peso is worse today than it was ten months ago when the swap happened.
obviouslyrob
Millei was already elected. That was to prop up his failing government because Bessent has mineral interests in Argentina.