Opinion
Black: Donald Trump is the most financially astute US president ever
“President Trump is so fantastic is he is the most financially astute president we've ever had, and he's really focused on how economics makes the world go round and what it means for not just the exercise of American power, but building out the next century to…”
Assertion Not checkable as stated
Black: China's state global capital outspends the US seven to one
“That's really a key part of this, because if it were just using government dollars, we wouldn't be any different from China. And they're seven times the size of us.”
Assertion Supported
Black: China's sulfuric acid export ban affects 25% of global market
“So, sulfuric acid exports have been banned from China, and that's 25% of the market. That starts May first.”
Disclosure
Black: DFC-backed rare earths mine was acquired in just three months
“There was a rare earths mine we invested in that recently it was just announced. It was going to be acquired. So it's in three months, a fantastic return for the DFC”
Assertion Supported
Black: DFC and OPIC insurance products boast near 100% recovery rate
“In the history of the DFC and Opix insurance product Pretty much close to a hundred percent recoveries.”
Disclosure
Black: DFC partners with Chubb to provide maritime war risk reinsurance
“We're working with Chubb as lead underwriter, great American insurance company run by Evan Greenberg. There's a whole host of American insurers working alongside with them, and they're providing up to twenty million, and we're doing reinsurance on the back end…”
Assertion Supported
Black: US is experiencing its largest capex boom since telecom buildout
“Frankly, right now is the largest capex boom in America since when he was a young banker and you were building out all the cable and telecom across the country.”
Disclosure
Black: DFC prioritizes delivering returns for US taxpayers
“Through the mobilization of private capital, we need to pursue, and we do, ah, execute on US foreign strategic interests. We move the needle for the development of our partners and allies, and really more than anything else, we deliver a return for the US taxp…”
Assertion Supported
Black: 70% of Marshall Plan funds bought US goods and services
“70% of the funds that the U.S. Sent over to Europe in the Marshall Plan were used to purchase U.S. Goods and services.”
Assertion Supported
Black: US Is the World's Largest Energy Exporter and Producer
“Look, we're the largest energy exporter in the world, the largest producer of oil, and the largest producer of natural gas.”
Disclosure
Black: DFC requires partner countries to co-invest in projects
“And it's why we have them, we have our partner countries co-invest with us.”
Assertion Supported
Black: DFC capital authorization expanded from $60 billion to $205 billion
“So remember, we went from sixty billion to two hundred and five billion.”
Disclosure
Black: DFC is prohibited from investing domestically inside the US
“We can't invest inside the domestic United States, but we work heavily across the interagency, you know, in terms of policy priorities.”
Insight
Black: Rare earth processing yields 5% weight, favoring local facilities
“Raw ore in a rare earth to oxide, which is the powder that is moved on to the metallization process it's like five percent of the weight yield. So sometimes building a processing plant and doing the sulfur baths much closer to where the mine is, is much, much …”
Assertion Supported
Black: DFC and OPIC completed over 3,000 political risk insurance transactions
“Over the course of the DFC and OPEC's existence, there were over 3000 insurance transactions that have occurred.”
