In the Blind Spot (The West’s regulatory chainsaw massacre)
SNEAK PEEK — Regulators finally catch on to the liquidity vulnerabilities associated with intraday liquidity mismatches brought on by instant payments and mobile apps. — Why the West’s incoming red-tape “chainsaw massacre” risks creating a two-tier capital market. — Dario argues that by giving back the Chagos islands, the British risk opening up a destabilizing […]
In the Blind Spot (Why the internet might never be the same again)
SNEAK PEEK — Authoritarian states are using a UN process to extinguish the internet’s borderless and free nature by transforming it at the root level into a fragmented patchwork of centrally governed protocols. — An upcoming HBO documentary claims to know Satoshi’s identity, and Izzy knows who it is. — Dario argues that […]
In the Blind Spot (The proliferation of dual-use corporations)
SNEAK PEEK — There’s been a Cambrian explosion of high-signal news the past month, and Izzy wonders if it has something to do with AI helping everyone join the dots. — What if most of the private sector is actually dual use? Izzy considers the impact on valuations if the purple economy — aka […]
In the Blind Spot (The slow march of Western capital controls)
SNEAK PEEK — Izzy sprinkles a few insights gleaned from her Saudi-state-funded trip to Riyadh. — Are capital controls about to make a comeback? Evidence is mounting that the answer is yes. — Dario reports from Buenos Aires on how ordinary Argentines are handling Milei’s reforms. Good evening subscribers! Greetings from Riyadh. By the […]
In the Blind Spot (Elite overproduction as a geopolitical risk factor)
SNEAK PEEK — Why the downfall of Bangladesh’s Iron Lady, Sheikh Hasina, offers a cautionary tale for the West’s own DEI debate. — Dario delves into the legitimacy of the counternarratives that claim American meddling may have played a role in her ousting. — Izzy argues that economies that specialise in supplying cheap labour to […]
In the Blind Spot (The slow shift to technopaternalism)
SNEAK PEEK — What does FCA listing reform have to do with the new era of technopaternalism? — China expert George Magnus shares his thoughts on whether it’s wise to emulate the China model. — Somaliland’s quest for international recognition is compromised by its deteriorating security situation, Dario writes. Greetings subscribers, or should I […]
In the Blind Spot (‘Securonomics’, and the new UK security state)
SNEAK PEEK — Izzy takes a closer look at new Chancellor Rachel Reeves’ big economic idea of “securonomics” and what it really entails. — The US Supreme Court’s decision to grant immunity to the presidential office puts America’s constitution on course for an Augustus moment. — The prospect of peace talks between Turkey and […]
The subtle siege: How China could blockade Taiwan
Guest post by Paul Dabrowa You wake up in July 2025 to headlines blaring across every news outlet: “China invades Taiwan with coast guard fleet.” The images are striking—Chinese coast guard ships, flanked by a formidable array of maritime militia vessels, are seen enforcing a de facto blockade around Taiwan. The airwaves are filled with […]
In the Blind Spot (They know we know they lie)
SNEAK PEEK — Izzy argues that economic reform of the Western economy won’t work without Glasnost. — Markets need to start thinking about how a power vacuum in both France and the United States could open the door to martial law. — Dario explains what’s been happening in Kenya this week, and how it […]
In the Blind Spot (The West’s Perestroika moment)
SNEAK PEEK — Izzy catches up with investment advisor Russell Napier, who tells her credit rationing and central bank politicisation are on their way. — A growing chorus of voices are acknowledging that we all become Liz Truss eventually, including Jeremy Hunt. — Dario explores how the confiscation of Russian assets may have major […]
