Posted originally on Feb 3, 2026 by Martin Armstrong |  

In a recent interview, Donald Trump claimed he could “very easily solve” the United Nations’ financial problems by requiring member states to pay their dues, much as he pressured NATO allies to increase defense contributions during his first term. Trump would not be able to do this with funds, as that is not the true nature of the problem. The core of the institution has rotted; global powers no longer have strong confidence in the United Nations.

Yesterday, I wrote about the United Nations warning that it was facing an “imminent financial collapse. I argued that when institutions fail to adapt to shifting power dynamics, they collapse under their own contradictions. That is exactly what we are witnessing now.

The UN’s financial crisis is not primarily about $4 billion in unpaid dues. Rather, it’s about the loss of legitimacy and mutual trust among sovereign states. The UN is a creature of consensus and shared obligations, but the financial obligation has fallen on the US, and the American people no longer wish to foot the bill. This is precisely why there is a rising tide of nationalism, as people demand that their politicians and taxes stay within the domestic realm.

“When I’m no longer around to settle wars, the U.N. can,” Donald Trump said, acknowledging that he won’t always be the one intervening in global conflicts. “It has tremendous potential. Tremendous.”

Now, the UN has international respect and the ability to function based on SHARED interests. The United Nations was never designed to be a global government; it was a forum for negotiation among sovereign powers. It worked as long as the major powers had a shared interest in maintaining stability. But that shared interest has eroded.

The West is fracturing internally, with the US and Europe increasingly at odds on security, economic policy, defense obligations, and industrial strategy. Countries are less willing to fund an institution they no longer see as effective, fair, or aligned with their interests. Expectations regarding payment compliance are rooted in a bygone era when the UN’s agenda broadly aligned with American and Western strategic leadership. That alignment is gone.