Scott Bessent’s Economic Playbook - From Breaking the Bank of England to Trump’s Tariffs

He Crushed the UK Pound in 1992—Can Bessent Do the Same to China’s Economy?

In 1992, a young financial strategist named Scott Bessent helped orchestrate one of history's most legendary currency trades—a high-risk bet against the British pound that earned over $1 billion by exploiting a fatal economic weakness nobody else saw. Three decades later, as markets reel from Trump's "Liberation Day" tariff announcement, this same strat…