G20 meets today in Asheville, Barbara frames the showdown: Bessent pushing physical growth to conquer the debt mountain, while Lagarde and von der Leyen plot to "redirect" citizens' savings — "lazy money" — into the Ukraine war and the green transition.
Scott Bessent is following the money behind America’s dark money nonprofit network and confronting a political machine more than a century in the making.
Carney walks out and calls it a war — he's right, wrong reasons. Ratcliffe's C-17 lands in Moscow. Warsh smashes the Fed's crystal ball. Nine weeks to November 3. Seven posts inside.
In this week's episode of Promethean Saturday Class, Tony Papert hosts a discussion with Will Wertz on the potential for the Trump administration to introduce a new Bretton Woods World Monetary System. The conversation delves into historical context, key figures involved, and significant proposals made during Trump's first term. Wertz also discusses the strategic economic importance of collaboration between the United States, Russia, China, and India to establish a stable global financial system. Additionally, the episode critiques the current international monetary practices and outlines the necessary steps for achieving a more balanced and fair economic order.
00:00 Introduction and Speaker Introduction
02:03 Background on Bretton Woods and Trump's First Term
03:25 Proposals and Reports on New Bretton Woods
05:19 Technical Issues and Continuation of Discussion
05:48 Four Power Agreement Proposal
09:52 Trump Administration's Current Stance
23:36 Historical Context and Critique of Current System
45:52 Conclusion and Final Thoughts
G20 meets today in Asheville, Barbara frames the showdown: Bessent pushing physical growth to conquer the debt mountain, while Lagarde and von der Leyen plot to "redirect" citizens' savings — "lazy money" — into the Ukraine war and the green transition.
Scott Bessent is following the money behind America’s dark money nonprofit network and confronting a political machine more than a century in the making.
Cable news is arguing eggs, beef, gas, and Iran. Bruce Director spent Saturday night on the real midterm question: American System vs. British System — two flavors of the same entropy, and nine weeks to pick a future.
Warsh smashes the Fed’s crystal ball, Bessent warns that pulling the plug could blow up the global financial system, and Trump’s Space Academy ends the Dark Age.
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