Javier Milei's Chainsaw Massacre of the Trump Presidency? | Alex Krainer

Yesterday, Argentinians voted in midterm elections which were critical as the first nationwide referendum since President Javier Milei came to power and introduced his radical economic reforms. The recent bailout(s) from the US Treasury helped Milei’s La Libertad Avanza Party win the elections with 40.8% of the vote. However, not everyone is convinced: that result was better than even Milei’s own party hoped for.

» To bail out his [Bessent's] dumb friends on Wall Street, that’s banana republic level corruption. «

 

Inevitably, haters will say that the polls were rigged which won’t help the government’s legitimacy. Either way, Argentina will remain stuck in a downward spiral. Milei’s reforms have been so staggeringly successful that keeping Argentina’s economy scotched together required repeated massive rescue packages this year.

First, on 11 April 2025, the IMF approved a $20 billion Extended Fund Facility (EFF) to support Milei’s awesome economic program, strengthen foreign currency reserves, and facilitate the removal of capital controls. The IMF is seldom that generous but it seems that it wasn’t generous enough that time, requiring the Trump administration to step in last month. On 24 September, Treasury Secretary Scott Bessent announced another $20 billion bailout for Argentina.

"El Bobo de Wallstreet"—"The Dumb-Ass of Wall Street".

Under the plan, the US Treasury provided Argentina with US dollars in exchange for Argentine pesos. This raised the awkward question: why did Trump’s MAGA, “America first,” administration put its taxpayers on the hook for Argentina? Bessent said that Argentina was “a systemically important US ally in Latin America,” and that the US “stands ready to do what is needed within its mandate to support Argentina. All options for stabilization are on the table.”

» [Trump] may have to distance himself from Bessent or even sack him. «

 

Well, OK then, but even supposing that Bessent’s justification for the huge bailout of Argentina is good enough, it didn’t seem that the bailout was big enough: the Argentine Peso continued to crash and hit a record low on Friday at nearly 1,490 pesos to the dollar. Before Milei won Argentine presidential elections on 19 November 2023, it took about 360 pesos to buy one dollar. Ever since, Argentina’s currency has been collapsing in spite of the successive IMF/US bailouts:

 

» Either way, Argentina will remain stuck in a downward spiral. «

 

“All options” being “on the table,” on 15 October, weeks after Bessent announced the $20 billion swap, he said that he was arranging a separate $20 billion facility financed by banks and private equity. But for the deal to stick, it may still have to be backed by the US Treasury. A-gain. And in spite of President Trump himself admitting that the bailout might not work and would provide little benefit to the American people. So again: if this is a burden on the American people with no benefit to them, then why is the MAGA administration doing it? [...] As it happens, Rob Citrone is a personal friend and former colleague of Scott Bessent. Here’s what the “Popular Information” newsletter reported earlier this month:

Major Argentine media outlets are now reporting that Citrone asked Bessent for a United States rescue package. Ariel Maciel, Political Economy Editor at Perfil, a large Argentine media outlet, wrote that after the Buenos Aires elections, Citrone “returned to his friend and former colleague… to request a second bailout, this time from the very coffers Bessent manages: the US Treasury.”

CE Noticias Financieras, a major wire service in Latin America, similarly reported that after Argentine officials ran into resistance with lower-level Trump officials, “Citrone managed to connect with Bessent to get him to intervene directly.” But from there, it gets a bit worse than that still: “Maciel also noted that two weeks before Bessent announced the bailout, Citrone purchased additional bonds for “almost nothing.” Maciel said the timing of Citrone’s recent purchases has raised “suspicions” that Citrone had access to “confidential information.”

If true, these arrangements present horribly bad optics for Donald Trump and his administration. If his Treasury Secretary is using his office and American taxpayers’ money to bail out his dumb friends on Wall Street, that’s banana republic level corruption. Any substance of this story will be milked for all it’s worth - and it could be worth a lot - by his political opponents at home and abroad. It doesn’t even matter whether Trump himself was aware of the nature of the bailouts.

Trump may have bought the ideological and geostrategic story about the chainsaw freedom crusader Milei and Argentina being a systemically important ally. In that case, he may have to distance himself from Bessent or even sack him. But even so, the damage has been done. It is hard to see how this won’t undermine the confidence in his administration and further erode his MAGA-base support. On top of that, corrupt dealings with Argentina and Trump’s aggressive stance toward Venezuela, has worsened his administration’s standing in the region:

» Like nobody’s ever seen before. «

The MIGA-MAGA gaga crowds are diminishing, and not only in Argentina.

 

Even if you bring all your carrier strike groups to the Caribbean Sea and threaten action “like nobody’s ever seen before,” the ultimate struggle is and always will be that for the hearts and minds of the people. That struggle is being lost like nobody’s ever seen before.

Quoted from:
Alex Krainer (October 27, 2025) - Milei's chainsaw massacre of Trump presidency?

 

See also:
Alexander Markovics (February 20, 2024) - Javier Milei - Latin America's Prime Golem Zionist.

US Economy: A Closed-Loop Scam And AI-Bubble About to Pop? | Bloomberg

The entire US economy right now seems to be seven companies sending a trillion fake dollars back and forth to each other. This isn't a joke. This is actually real, and the AI scam is going to come crashing down. Soon?

The AI Funding Loop Scam and Bubble according to Bloomberg, October 8, 2025. 

 

Sooner or later. A Bloomberg diagram (see above on the right) reveals trillions in circular AI deals among tech giants like Nvidia ($4.5T market cap), Microsoft ($3.9T), and OpenAI ($500B valuation). Examples include Nvidia's $100 billion investment in OpenAI and Oracle's $300 billion cloud partnership. This interconnected funding, detailed in Bloomberg's October 8, 2025, report, has fueled a $1 trillion AI market and $192.7 billion in 2025 Venture Capital investments. However, as these mutual deals lack broad economic productivity gains, they raise concerns about a potential bubble.
 

The "Magnificent 7" make up approximately 30% of the S&P 500.

  

The "Magnificent 7" mega-cap tech stocks—Apple, Amazon, Alphabet, Meta , Microsoft, Nvidia, and Tesla—make up approximately 30% of the S&P 500 and have driven most of the index’s recent performance. As of October 26, 2025, their combined market capitalization exceeds $21 trillion, highlighting their outsized global influence. Nvidia leads the group with a $4.535 trillion market cap, driven by AI chip demand, with Apple and Microsoft close behind in the $3.9 trillion range. While Tesla has the lowest capitalization in the group, its explosive one-year growth reflects optimism around EVs and autonomy despite recent volatility.

» We're gonna win so much that you may even get tired of winning! You’ll say: 'Please, please, it’s

too much winning. We can't take it anymore, Mr. President. It’s too much!' And I’ll reply—'No, it isn’t! 

We have to keep winning, we have to win more!' «

 Circus Maximus Ringmaster Narcissus during his presidential election campaign in October 2024.

 

The group's average trailing Price-to-Earnings (P/E) ratio of approximately 70 is significantly higher than the S&P 500's average of about 25, signaling substantial bubble risks. Nvidia’s P/E of 53.22 and Tesla’s extremely high 303.30 suggest a premium pricing based on lofty future growth expectations. However, forward P/E ratios, such as Alphabet’s 23.31, indicate potential P/E compression if growth moderates. Alphabet leads the group with a 60.44% one-year return, fueled by ad revenue and AI integrations like Gemini. Tesla's 66.51% one-year gain stands out but is contrasted by a -3.40% daily drop, tied to recent production updates. Year-to-date, Nvidia (+38.73%) and Alphabet (+37.75%) are the top performers, while Amazon (+2.20%) and Apple (+5.32%) have cooled amid broader market rotations.

Reference:
Bloomberg (October 8, 2025) - The Circular OpenAI, Nvidia and AMD Deals Raising Fears of a New Tech Bubble.

Bloomberg (October 8, 2025) - OpenAI, Nvidia Fuel $1T AI Market With Circular Deals (Video). 

Bloomberg (October 7, 2025) - OpenAI’s Nvidia, AMD Deals Boost $1 Trillion AI Boom With Circular Deals.

  

US margin debt reached a record high of $1.13 trillion in September 2025, a 6.3% monthly surge, according to FINRA margin statistics. The Wolf Street chart above shows this leverage at 2% of the S&P 500 market capitalization, surpassing the 1.7% peak seen during the dot-com bubble in March 2000. This metric tracks investor borrowing for stock purchases; historical spikes, such as the 2.5% of market cap level preceding the 2008 financial crisis, have often foreshadowed sharp market corrections, as borrowed funds amplify both rallies and forced selling during downturns.

 

» As bearish as I want to be, I’d say the odds of any pullback being only a consolidation and

not the real reversal are increasing as the next major cycle inflection is early next year. «
Tom Pizzuti, October 27, 2025. 

 

October 29 (Wed): META, MSFT, GOOGL; October 30 (Thu): AMZN, AAPL.

See also:

TPR (August 13, 2025) - Buffett Indicator Hits All-Time High with Market Cap-to-GDP Ratio at 212.1%. 

TPR (October 9, 2025) - The Dow-to-Gold Ratio (DJI/XAU) Collapses: Get Ready for Tangible Assets.

Larry Williams (September 25, 2025) - US Stock Market Outlook for Q4 2025.

Lieutenant-General Sir John Bagot Glubb (1978) - The Age of Decadence.

State Central Banking vs Private Central Banking | Wen Tiejun

Let's delve into the core reasons underlying the strategic confrontation between the People's Republic of China and the United States of America, as this unveils a significant systemic discrepancy: [...] The issuance of the renminbi (RMB) is fundamentally based on the authority of the Chinese government, specifically through the People's Bank of China (PBC). The basis for the issuance of the renminbi is definitely not gold. The reason this money is valuable is because it is a sovereign currency issued by the state and backed by state authority. Empowering a sovereign currency establishes credit. The currency creates credit, and the sole resource available is political authority. Thus, political authority, governmental power, and the administration in control align with the currency system.

Wen Tiejun (温铁军) is a Chinese agricultural economist and a professor at the Renmin

University of China, best known for his studies on the Three Rural Issues in Mainland China.

 

On the other hand, the source of the US dollar's credit is an institution established by private bankers, not a country. Pay attention, this difference matters: The US dollar is actually issued by an institution called the Federal Reserve. The Federal Reserve is neither an official entity nor a government institution; instead, it is an organization operated by private bankers. This particular organization possesses the authority to issue the national currency and determines the financial policy of the United States, which the government then implements.

 

 

» The root cause of global chaos is financial capital globalization, which is

supported by military hegemony. « Wen Tiejun's complete discourse video.  

 

This occurrence is quite rare across the globe, both in terms of nations and systems. In the majority of countries, it is the political power of the state that grants authority to its national currency, forming a sovereign currency. In a select number of nations, such as the United States, institutions are established by private banking entities, and the government subsequently enacts the policies of these private banker collectives.

[...] Therefore, throughout the extensive history of the United States, numerous influential presidents have attempted to reclaim monetary authority. All of them ultimately failed. Almost every president who was resolute in their determination to reclaim monetary authority ended up deceased, including the widely recognized Kennedy assassination. These events all share similar demands to restore monetary rights back to the government, yet none of these plans have been fully realized.

[...] China continues to maintain its national control over financial capital. For what specific purpose? In recent years, when China faced global crises and a decline in exports, the Chinese government mainly relied on national finance, investing in infrastructure that may not yield immediate profits. A straightforward example is the allocation of funds for the construction of roads and railways in rural, mountainous, and even desert regions. All these investments cannot be recovered in the short term, and it's also difficult to recover them in the long term. So, should we invest? We should, because if we don't, businesses will have no market and workers will become unemployed. On the other hand, the government would have to use its finances to pay for unemployment benefits. Rather than doing that, it's better to invest. 

» The United States exploits the world's wealth with the help of "seigniorage." It costs only about 17 cents to produce a 100 dollar bill, but other countries had to pony up 100 dollar of actual goods in order to obtain one. It was pointed out more than half a century ago, that the United States enjoyed exorbitant privilege and deficit without tears created by its dollar, and used

the worthless paper note to plunder the resources and factories of other nations. The hegemony of the US dollar 

is the main source of instability and uncertainty in the world economy. «

Ministry of Foreign Affairs of the People's Republic of China, 2023. 

[...] I perceive this as one of Trump's most proactive and forward-thinking policies—to focus on the advancement of infrastructure development. His most significant challenge is that the US lacks the so-called state-owned enterprises (SOEs) similar to those in China. Additionally, it doesn't have a state-owned banking system. China's system uses state banks to receive currency from the government, which is directly paid to state-owned enterprises. These enterprises then directly engage in infrastructure construction, maintaining China's economic growth and sustaining employment. The US uses private banks to issue more currency to buy government bonds, which then leads to a virtual capital expansion, with two hands shifting the crisis to the whole world.

[...] Analyzing this with American theory suggests China's state-owned banks and state-owned enterprises are inefficient. They don't provide tax revenue and occupy a large amount of capital. But just because financial resources are utilized doesn't mean nothing is produced. A significant amount of wealth is indeed generated, but this wealth manifests in the form of airports, seaports, train stations, highways, and high-speed railway systems. None of these investments can generate returns in the immediate short term. Consequently, a substantial amount of capital in China's state-owned banks is currently tied up. According to general free-market economic theory, those that can't be recovered soon should all go bankrupt. As long as you genuinely and sincerely execute what is purportedly stated in the media today, China's economy should have gone bankrupt long ago because its large investments can't be recovered quickly.

» I think he [US Fed chairman Jerome Powell] is a very stupid person, actually. «
Not-calling-the-shots POTUS, July 13, 2025.

 

[...] How Trump might approach the situation? He doesn't have China's methods. So, how will he do it? By relying on private bankers to reform America's railways? How long will it take to recoup the investment? Why would private individuals invest in rebuilding American roads and airports? Private investment is dropping. This is similar to what's happening in China: whenever there's an economic crisis, China's private investment decline is inevitable. So, how do you counter it? You have to rely on state investment to push it up. One goes down, the other goes up. That's how it is. 

 

» The US uses private banks to issue more currency to buy government bonds, which then 
leads to a virtual capital expansion, with two hands shifting the crisis to the whole world. «

 

A significant number of individuals are critical of China's system. I don't intend to imply anything else; I'm merely suggesting that you observe the actual impact. I also don't wish to defend this so-called closed system of China because I equally dislike this bureaucratic system, but it actually maintains the nation's foundational employment and crucial economic development.

  

Reference:
Wen Tiejun (2021) - Money, War, Supremacy: The Root Cause of Global Chaos. (video)

See also:
Ministry of Foreign Affairs of the People's Republic of China (2023) - US Hegemony and Its Perils. 

Stephen Mitford Goodson (2019) - A History of Central Banking and the Enslavement of Mankind.
Murray N. Rothbard (1994) - The Case Against the Fed. (the legal monopoly of counterfeiting)

G. Edward Griffin (1994) - The Creature from Jekyll Island. 

Eustace Mullins (1952) - The Secrets of the Federal Reserve.

Ezra Pound (1939) - What is Money for?

The Game of Chess, and the Masters of the Board | The Honorable One

Chess can show you how the world is run, who is really in power, and how to break it. There are six types of people who run the modern world. First you need to understand who is at the bottom.
 

 » Someday, someone will return and flip the board. « 

 

Number one, the pawns—the masses. They follow orders, pay taxes, are predictable, and get sacrificed in each game. Without them, there is no game, no power, no state, no Suki system. They are the majority in every game, the foundation of all power, and yet they are too weak to realize it. 

Number two, the rooks—the 20% who do 80% of the work: long hours, efficient, diligent, straight shooters. They are like machines. But they get stuck when routines change, they are not flexible enough, and they are useless on their own. They need number three:

 

» Everyone is afraid of the queen. «  

The knights. For a long time they just sit. Then they leap over walls, surprising everyone. Their paths and creativity are unpredictable. They connect dots no one else connects. They are ahead of the curve and unplug first. They walk into uncharted terrain. But one wrong step, and they fall. 

 

Knights need number four by their side: A good bishop to protect them. He is a quiet planner, the one who can wait. He is patient and prepared with a plan to strike months or years from now. But bishops are nothing compared to number five:

» It's their game. « 

 

The queen can strike anytime, anywhere, in all directions. Everyone is afraid of the queen. Who are the queens of this world? Central Bankers, those who run the Suki agencies, the military—those who can take out anyone anytime anywhere. The rules and laws of pawns, knights, and bishops do not apply to them. 

 

» Families that cannot be named. « 

So why is number six, the king, in power, and not the queen? The king takes small steps in the back rows, unnoticed. Nobody fears him. He holds power through legacy. Queens wield power for decades; kings and their families hold it for centuries. Who are the kings of today's world? The families that cannot be named. They have trillions but don’t appear on Forbes lists. Money does not matter to them—they print it. Everyone plays chess, but they are the ones who provide the board. They decide how many fields the board has and how long the game will be played. 

 

» We are the oil in your dressing, the flour in your bread, the meat on your dinner table. «  

A largely unknown American family dynasty of 14 billionaires traces its fortune to William Wallace Cargill in 1865. The Cargill-MacMillan family business, Cargill Inc., became one of the world's largest private companies. With revenues of $177 billion, it controls 22% of US beef production, and its low public visibility stems from its dominance in the food supply chain, where it and three other firms handle 70–90% of the global grain trade.

 

It's their game, and it is hard to exit. But there is a way: You only win if you don't play. You stop paying, you stop playing. All the game is run by money—consumption, production, access, bureaucracy, taxes. If you stop the money flow, the game stops. Someday, someone who has stopped playing and walked away from the game will return and flip the board: Game over for all the kings and all their Suki helpers. Honor will come.

 

Reference: 
The Grim (2025) - The Six Types of People who Run this World. (video)

 

 “Suki,” Russian prison slang for traitors and bitches (сука/суки), denotes globalist elites, corporations, and establishment figures—who embody hypocrisy, manipulation, and betrayal. They uphold the “Suki system,” the oppressive order of financial dependency, surveillance, digital control, censorship, and cultural erosion. “The Grim” is the The Honorable One, and the adversary of the Suki. He stands  for growth, reliability, integrity, independence, incorruptibility. He rejects victimhood, consumerism, culture of comfort, indulgence, entitlement, materialism, and resists the Suki system mentally, emotionally, financially and spiritually.

 

See also:

Mario Puzo and Francis Ford Coppola (1972) - The Godfather.

Ludwig Fainberg (2018) - Operation Odessa. (video) 

Michael Franzese (2025) - Stories and Lessons from a former Mobster.  

Gaetano Mosca (1900) - What is the Mafia? (Che cosa è la mafia?)  

Neema Parvini (2025)  - The "Iron Law of Oligarchy" and the Delusion of Democracy. 

Richard A. Werner (2025)  - Money Creation—Banking’s Best-Kept Secret. 

Stephen Mitford Goodson (2019) - A History of Central Banking and the Enslavement of Mankind.

Muammar al-Gaddafi (1975) - The Green Book. (الكتاب الأخضر) 

Imam Ruhollah Khomeini (1970) - Guardianship of the Islamic Jurist. (ولایت فقیه) 

George Ivanovich Gurdjieff (1949) - The Magician's Sheep. 

 TPR (2025)  - How Opium Trade Fueled the Sassoon Dynasty, the "Rothschilds of the East".

 

了解你的敌人
Know your Enemies. 

How Opium Trade Fueled the Sassoon Dynasty, the "Rothschilds of the East"

David Sassoon (1792–1864), born into a prominent Jewish family in Baghdad (or possibly Aleppo), traveled to Constantinople to appeal to Sultan Mahmud II, accusing the local governor Dawud Pasha of corruption. When Sassoon's actions became known, Ottoman authorities accused him of conspiracy and betrayal. He was subsequently arrested and threatened with death unless a large ransom was paid. 

David Sassoon (seated) and his sons Elias David, Albert (Abdallah) 

and Sassoon David, Bombay, around 1855. 

 

Facing death or ruin, Sassoon fled Baghdad in 1829. He reunited with his family in Bushehr, Persia, before resettling in Bombay (now Mumbai) in 1832. At the time, Bombay was part of the British Empire's holdings in India, before the British Raj period (1858-1947). The Sassoon family is said to have arrived there penniless, but they were equipped with resilience, high ambitions, unscrupulousness, multilingual skills, and an established extensive network within the Jewish Baghdadi diaspora that stretched from London to Shanghai.

 

In Bombay, David founded David Sassoon & Co. in a modest counting house, and traded in cotton yarn, tea, silk, spices, precious metals—and, critically, opium. Already an extremely profitable enterprise, the opium trade became even more lucrative after the First Opium War (1839-42), when Britain used a series of imposed treaties to open Chinese markets. Sassoon established branches across Asia—including in Calcutta, Hong Kong (1843), Shanghai (1845), Canton, and Yokohama—as well as in major cities in Persia and the UK, placing his sons in charge, similar to how the Rothschilds ran their operation in Europe.

 

The Opium Wars, which destroyed the Chinese Empire.

 

When patriarch David Sassoon died in 1864, he left his 14 children a fortune of approximately £4 million, roughly equivalent to $3 billion today. His company, David Sassoon & Co., continued to dominate the opium trade, controlling an estimated 70% of the India-to-China market by the 1860s and 1870s. Surpassing rivals like Russell & Company, Jardine Matheson, and Dent & Co., the family's immense profits for decades after his death cemented their status as one of the world's wealthiest and most influential families, earning them the nickname "the Rothschilds of the East." 

Following its initial 1729 anti-opium edict, China saw imports surge from 200 chests annually to 4,500 by 1800. This explosive growth accelerated in the 1830s, reaching 40,000 chests by 1838. The trade only intensified after the 1842 Treaty of Nanking, climbing to 70,000 chests (4,550 metric tons) annually by 1858, approximately equivalent to one year's worth of the total global production of opium between 1995 and 2005.

After David's death, the Sassoon family empire fragmented as his sons Abdallah (later Sir Albert) and Elias David established separate ventures. Elias founded E.D. Sassoon & Co. in 1867, and both branches diversified beyond opium, moving into cotton mills, banking, real estate, and infrastructure projects like the Sassoon Docks in Bombay and the iconic Sassoon House in Shanghai. As treaties phased out the opium trade in the early 20th century, the family’s focus on new industries became critical. David’s granddaughter, Flora (Farha) Sassoon, a daughter of Albert, became a partner and effectively ran the Bombay operations starting in 1894. Under her leadership, profits rose despite regional turmoil, but her brothers, unwilling to accept a woman in charge, removed her after just seven years.

 

Chinese opium smokers c. 1858.

 

While the Sassoons and other prominent figures—including Warren Delano Jr., Thomas Handasyd Perkins, John Perkins Cushing, John Jacob Astor, Robert Bennet Forbes and John Murray Forbes—built family fortunes, dynasties and financial empires on the opium trade, its human cost in China was devastating. The widespread addiction of up to 20 million Chinese destabilized society and drained precious metals from the Middle Kingdom during its “Century of Humiliation.” This economic and political chaos, a direct result of the two Opium Wars (1839–1842 and 1856–1860) and British and American opium trafficking, fueled a chain of disastrous events. The most catastrophic was the Taiping Rebellion (1850–1864), which resulted in an estimated 20 to 30 million deaths from fighting, famine, and plague. 

 

Opium stockpiled in a warehouse in Patna, 1850s: The Sassoon family's extensive opium trade into China was

directly related to the British East India Company's monopoly on opium production in places like Patna in Bengal.

 

In 1853, David Sassoon gained British citizenship, boldly affirming his allegiance to Queen Victoria in Hebrew and reframing the family's identity as "British-Jewish." His immense success in drug trafficking was accompanied by extensive philanthropy: he commissioned synagogues, schools, orphanages, hospitals, and libraries, dedicating about 0.25% of profits to religious and charitable tzedakah. By the early 20th century, the dynasty began to decline. This was a result of internal rivalries, over-assimilation into the British aristocracy, and poor strategic decisions—such as Victor Sassoon's failure to foresee Imperial Japan's rise when he centralized operations in Shanghai.  

Sir Victor Sassoon (1881-1961), the last of the great merchant princes of the Sassoon dynasty, with

glamorous women (including Marlene Dietrich on the right) during one of his Shanghai parties in 1935. 

 

Yet, today, the Sassoon family's legacy continues through the Sassoon Family Continuation Trust and J. Sassoon Financial Group LLC, led by non-executive chairman David Shlomo Sassoon. This modern entity has diversified away from the family's historical ventures, now managing investments in a range of sectors including composite materials, oil and gas, finance, mining, and food security, focused particularly on the US, Israel, and African markets. Beyond their financial operations, many of the Sassoons maintain a discreet profile and remain "grounded in Jewish heritage." This is exemplified by individuals such as Rabbi Sliman Sassoon, who leads initiatives like the Ohel David Sassoon Institute in Jerusalem, and by the fact that a street there has been named in honor of Flora Sassoon.

 

 

» Bruce Fein, Master Trustee of the Sassoon Family Continuation Trust, unveiled today plans to transfer all Trust's unsurpassed assets valued at over $100 billion to the United States located at present in Switzerland or elsewhere abroad. The Sassoon Family Continuation Trust originated 1495 in the aftermath of the Spanish Inquisition.  Its longevity and wealth are unrivaled.  The Trust proudly honors and celebrates Orthodox Judaism and is committed to the welfare of the United States and the economic and physical security of Israel. The trust's sole beneficiary is David E. Sassoon, grandson of Eli Nissim Sassoon and executive chairman of J. Sassoon Group, a Washington, DC based private equity and investment banking firm. « 

The Sassoon Family Continuation Trust, August 25, 2021.

  

See also:

Joseph Sassoon (2022)  - The Sassoons: The Great Opium Merchants and the Making of an Empire.
Amitav Ghosh (2023) - Smoke and Ashes: Opium’s Hidden Histories.

Beatrix Conti (2019) - The Sassoons: From Outsiders to Insiders of Empire 1830s – 1910s.
Steven Ujifusa (2018) - Barons of the Sea.

Frederic Delano Grant Jr. (1986) - A Fair, Honorable, and Legitimate Trade. 

 

了解你的敌人
Know your Enemies.