So suddenly, the United States is able to turn the entire global banking system into a means of power projection. There are many people in the United States who see global human rights as being a very, very important thing that we need to protect. And then the United States decides it wants a little bit more and wants a little bit more. And that is something that has to some lesser or greater extent, United the United States and Europe over the last few generations. As speeches go, Carney speech, Carney speech, as speeches go, this was not simply a Emperor’s New clothes moment.

Source: International New York Times January 28, 2026 05:30 UTC