Thoughtful Money with Adam Taggart
Thoughtful Money with Adam Taggart

De-Globalization Is Forcing Nations Worldwide To Choose A Side | Michael Every

August 27, 2026

AI Summary

5 min read

“There’s going to be an emerging nexus around US markets, US tech, US finance, US stable coins on one side, or you can work with Iran on the other. It’s up to you.” That is how Michael Every, the strategist known as “Mr. Mercantilism,” frames the binary choice now facing the world. In this conversation with Adam Taggart, Every argues that the seemingly disconnected financial and geopolitical events of recent weeks—from Treasury Secretary Bessent’s “Operation Twist” to the push for stablecoin legislation to the escalating pressure campaign against Iran—are not separate stories. They are the opening moves of a unified, high-stakes grand strategy: the US is using every instrument of state to force a global realignment, and the only way to understand any of it is to see the whole board at once.

The Treasury, Stablecoins, and the New Financial Statecraft

Every begins with a technical but pivotal move. When Treasury Secretary Bessent announced a plan to buy back longer-duration US bonds funded by issuing more short-term T-bills, most analysts called it a Treasury version of the Federal Reserve’s old “Operation Twist.” Every agrees, but insists the label is too narrow. “It’s not Operation Twist,” he says. “It’s special military operation twist.”

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What you'll learn

  • 1 (01:01) **The Core Thesis: A Binary World is Taking Shape** - Michael Every introduces the central argument: the US is using economic statecraft to force nations to choose sides in a new global order.
  • 2 (03:31) **"Special Military Operation Twist"** - Every reframes the Treasury's "Operation Twist" as part of a coordinated geopolitical strategy, not just a financial maneuver.
  • 3 (07:38) **Maximum Pressure on Iran as a Model** - The Iran strategy demonstrates how financial and economic warfare are being used to degrade a strategic adversary.
  • 4 (12:00) **From Globalization to Neo-Mercantilism** - Every clarifies that the US is not just using statecraft, but aiming for a neo-mercantilist outcome of reshoring and reindustrialization.
  • 5 (18:12) **The Physical Constraints: The Energy Gap** - The conversation pivots to the real-world limits of financial strategy, focusing on the shortage of refined diesel.
  • 6 (23:55) **Venezuela as a Pre-Emptive Move** - Adam Taggart connects the Venezuela policy to the broader strategy of securing physical supply chains.
  • 7 (29:27) **How Stable Coins Rewrite the Global Ledger** - Every explains the mechanism by which stable coins could give the US a massive, non-inflationary financial advantage.

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Guests on this episode

Michael Every Adam Taggart

Show Notes

LOCK IN YOUR EARLY BIRD PRICE DISCOUNT FOR THOUGHTFUL MONEY'S FALL ONLINE CONFERENCE (OCT 17TH) at https://www.thoughtfulmoney.com/conferenceDe-globalization has kicked into a higher gear.The US is now forcing the nations of the world to choose sides: are you with us, or Iran?And obviously this pressure further complicates America's relations with China.Also, stablecoins will soon be used as a form of further economic pressure on countries not aligned with the US?What will this mean for the global chessboard?And which assets should fare relatively better in this new era?To hear the answers Michael Every, head of Global Strategy at Rabobank, watch this video.#geopolitics #iranwar #stablecoin _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.All the details on Thoughtful Money's relationship with the financial advisors it endorses, many of whom regularly appear on this program, can be found in the following documents. We highly recommend you review these documents as they cover the terms that will apply should you choose to work with one of these firms at any time after watching this video.Thoughtful Money Disclosure Document: https://thoughtfulmoney.com/disclosureThoughtful Money Agreement: https://thoughtfulmoney.com/agreementIMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2026 Thoughtful Money LLC. All rights reserved.

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