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The Nexus
BUSINESSAug 20 · 10:47 UTCFORTUNEJim Edwards

Bessent’s $4 billion bond plan is like ‘rearranging deckchairs on the Titanic given the U.S. national debt of $40 trillion,’ ING says

ING stated that Bessent’s $4 billion bond plan is inadequate compared to the U.S. national debt of $40 trillion, comparing it to rearranging deckchairs on the Titanic. Other reported items include Venezuela demanding money and drilling equipment, Trump calling for an “Economic D-Day” against Iran, and the prevalence of AI causing job market dislocation.

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