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Nick Szabo· 2026-04-16 15:52
RT Kathleen Tyson (@Kathleen_Tyson_)Secretary Bessent’s announcement of global ‘Economic Fury’ comes two days after China enacted 20 articles ‘countering foreign unjustified extraterritorial jurisdiction’.US Treasury reaching out to inspect, freeze, or seize foreign bank accounts and assets is ‘unjustified extraterritorial jurisdiction’ plain and simple.5 of the ten largest banks in the world are now Chinese state owned banks, and they will not cooperate with US efforts to interfere with global commerce, fi ...