Geopolitics
The Empire's Last Stand: How a Wall Street Feud Exposes the Rot in America's Financial Hegemony
Stanley Druckenmiller has publicly rebuked his protégé, US Treasury Secretary Scott Bessent, for using Treasury market interventions to suppress bond yields, warning that this undermines US solvency and fiscal discipline. This episode is a stark symptom of the terminal decline of a morally and financially bankrupt Western financial system that has long served as the primary engine of American imperialism and neo-colonial control over the Global South.
