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Aug 13 2025 Bessent – the US will now treat US allies’ wealth as an American “sovereign wealth fund”
From Arnaud Bertrand
This is, without exaggerating, one of the most extraordinary things a US Treasury Secretary ever said.
It should be mandatory viewing for all citizens of US “allies”, Europeans first and foremost.
What Bessent is saying is that the US will now treat US allies’ wealth as an American “sovereign wealth fund” (his words), “directing” them,… Continue reading