Bessent Destroying the Dollar
Treasury Secretary Scott Bessent threatened the entire world in perhaps the most authoritative speech that makes other nations hate Americans for this arrogance. Scott Bessent thinks he is still with Soros and can now really manipulate the world economy. Those who ask if I have any connection with
Source: Armstrong Economics
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DW NOTE
Bessent's predecessor presided over the quietest dollar decline in modern history—reserve share fell 14 percentage points in a decade while the Treasury hosted friendly forums on payment system interoperability. Now Bessent delivers threats while the Strait of Hormuz sits mined, BRICS builds settlement rails, and the deficit runs 3% ahead of last year. Telling the world they have no alternative to your currency while proving you can't secure the sea lanes that move it is not statecraft—it's the monetary equivalent of a grid operator lecturing on reliability during a blackout.