Posted Originally on Sep 21, 2026 by Martin Armstrong |

Bessent is seriously a danger to the entire world economy. He has been groomed in the world of manipulating markets and thinks he is omnipotente and he is “THE HOUSE” and whatever he declarers shall take place like some third world dictator. This constant using the ollar as a geopolitical weapon is what has created CHPS and he is fulfilling our computer forecast that the dollar will no longer be the reserve currency and the financial capital will move to China post-2032.

If you use the dollar in any transaction, they are claiming they even have jurisdiction to criminally prosecute you in New York City a court that has surpassed the conviction rate of even Hitler’s most notorious court.

If a Spain-Portugal dollar transaction involved the proceeds of a “specified unlawful activity” (the predicate crime required for federal money laundering) and cleared through a U.S. bank overseas, the U.S. government could criminally prosecute for money laundering. If the transaction was settled entirely outside the U.S. without touching U.S. financial infrastructure, federal jurisdiction under § 1956(f) would be much harder to establish for non-U.S. citizens.

So let me see, this means that if you want to buy fuel, you pay in euros, which is the case in Europe anyway. In other places you pay in yuan. Bessent is so full of himself, it is embarrassing to watch him for anyone who understands world markets has to be looking at him as a complete fool. He has become a serious threat to the economy of the United States. If the is going to be a de-dollarization, he is to blame.

They have already increased the risk of dealing in dollars overseas and they are too stupid to understand that they are undermining the world economy. The US cannot defeat Iran and what they are doing is increasing the risk of nuclear war.

Categories:USD $

Posted Originally on Sep 2, 2026 by Martin Armstrong |  

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 him the answer is FLAT OUTRIGHT NO WAY!!!!! We are adversaries and he would sooner destroy the USA before ever consulting Socrates. He hates my guts.

The arrogance of the United States is off the charts. Allowing Bessent and the Neocons to use the dollar as a weapon has already divided the world economy. China’s CIPS has been experiencing significant growth. It processed 175 trillion yuan (about $24.47 trillion) in 2024, with plans to expand to support multi-currency settlement. SWIFT is exclusively dollars. CIPS handles approximately 70% of all RMB cross-border payments, and its single-day transaction value has reached new highs, exceeding 1.22 trillion yuan in early 2026. That is 179.9 billion USD daily.

Transforming the US dollar into a weapon is having devastating effects and underminded the FAITH in the US dollar. Obama started this insanity. When Russia came to the aid of Russians in Crimea, he went to SWIFT and insisted that they remove Russia from the system. They said no way. So they replaced the head of SWIFT as a puppet and they started weaponizing the dollar by removing Russia and then had the audacity to threaten China if they aided Russia against Ukraine.

Let’s expose the hypocrisy here. The United States has a well-established history of using military force to protect or rescue its citizens abroad, sometimes escalating to a full-scale invasion. This practice is rooted in the government’s view that it has a legal right—based on national “self-defense“—to protect its citizens wherever they are, and that this right has even been used to justify military intervention in foreign countries. They deny that to Russia.

The principle that the U.S. government can use force to protect its citizens abroad is long-standing. An 1860 U.S. Circuit Court case, Durand v. Hollins, established an important precedent by upholding a naval bombardment of Greytown, Nicaragua, as a reprisal for violence against U.S. nationals. The ruling stated that “the citizen abroad is as much entitled to protection as the citizen at home,” and that a government failing in this duty “is not worth preserving” .

This legal concept supports what has historically been called “gun-boat diplomacy“—the use of military force to protect citizens or their property in other countries . The US will invade and has done so but claim Russia coming to the aid of Russians in the Donbas is illegal?

These people who love power are so stupid that they cannot see that the more people they remove from SWIFT isolates the United States and in the process they are destroying the dollar. The DEDOLLARIZATION has nothing to do with debt, gold, or FIAT. Such arguments only reveal how little they know about how the world economy functions. This is geopolitical and this latest NONSENSE from Bessent will only fulfill our computer forecast that they are destroying the world economy and in the process the dollar as soon as 2030 where we have a Panic Cycle. These idiots are so arrogant and stupid, they cannot see that they are undermining not just the dollar, but the entire world economy. BRICS is a response to American arrogance.

They are guaranteeing that China will supplant the United States as the financial capital of the world for the yuan will become more trustworthy by the mere fact that China would not turn its currency into a weapon when they are benefitting every day the more the USA weaponizes the dollar.

Categories:Sanctions