Rare Kremlin video: Putin with Witkoff and Kushner, then their first Kyiv trip this term and Zelenskyy's restrained reply. Moscow cites trust and economic projects; Bessent chokes offshore funding. Argentina presses Malvinas as Trump rethinks automatic U.S. backing of Britain.
Harvard’s battle against the American System spans centuries. Mike examines globalization, America’s skilled-worker crisis, and what President Trump is building to replace it.
The offshore empire gets named on live TV, Wall Street's forecasters get humiliated by the jobs numbers, and Europe moves to loot its own savers. One pattern runs through all of it — and eight weeks to settle it. Five posts inside.
Trump and Bessent are dismantling the offshore financial system that has looted nations for decades. Could the rescue of Japan’s yen be the opening move in a new global order?
This isn’t a story about millions of Americans embracing communism. It’s about the offshore financial machine that has spent decades pulling wealth out of nations, financing terror, and turning real economies into a global casino.
In this overview, Mike Steger traces that system from the City of London and its tax havens to Iran’s shadow banks, Venezuela’s offshore networks, and the world’s currency markets.
He explains how Scott Bessent and the Trump administration are dismantling those networks—and why Treasury’s support for Japan’s yen may be the opening move toward a new global order based on stable exchange rates, fair trade, national industrialization, and sovereign development.
X • https://x.com/stegerMG
Substack • mikesteger.substack.com/
00:00 Introduction
01:25 The Global Offshore Casino
03:06 The City of London’s Financial Empire
05:06 Iran’s Shadow Banking Network
06:39 Bessent’s Operation Economic Fury
08:27 Iran’s Economic Crisis and Protests
09:36 Venezuela and National Development
11:08 The Coming Global Realignment
12:01 The Currency Casino
13:01 Bretton Woods and Stable Exchange Rates
14:09 Bessent’s Intervention on Japan’s Yen
15:11 A New Global Economic Order
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Rare Kremlin video: Putin with Witkoff and Kushner, then their first Kyiv trip this term and Zelenskyy's restrained reply. Moscow cites trust and economic projects; Bessent chokes offshore funding. Argentina presses Malvinas as Trump rethinks automatic U.S. backing of Britain.
Harvard’s battle against the American System spans centuries. Mike examines globalization, America’s skilled-worker crisis, and what President Trump is building to replace it.
Bessent explains Wall Street, the financial press, and Democrats keep being proved wrong—contrasting Canada’s job losses with a blowout U.S. jobs report, calling out FT/WSJ panic, and framing a Red Queen economy that must outrun debt, China, and skills gaps.
Susan on Bessent naming IRGC accounts in the British Virgin Islands — the real target is the offshore money machine, not just Iran. Syria sanctions lifted, the Mecca Pact, Russia at the G20, and China on Iran.
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