In the Blind Spot: Shifty finance
SNEAK PEEK — We do a deep dive on the case against Bulgaria’s upcoming euro adoption and the Atlanticist forces backing it. — The newly passed GENIUS Act disrupts current creditor status by introducing a new super-senior tranche. — Our short, sharp review of Adam Curtis’ Shifty Greetings from heatwave Britain. Sorry for the late send out. It’s been […]
In the Blind Spot: The great re-pegging
SNEAK PEEK . — There’s a radical civil obidience movement shaping up in Britain and threatening to fix things without planning permits. — We take a closer look at what drives Kevin Warsh, one of the names being floated as next Fed governor. — Why for Frankfurt it’s euroization or bust. — Related: Why […]
In the Blind Spot: De-financialization or bust
SNEAK PEEK — Financialization was a policy choice in America and the U.K. just as much as industrial policy was a choice in China. — Why global trade and economic shifts risk reigniting the ‘Zaitech’ phenomenon. — The Elon vs Trump spat is best understood through the lens of neurodivergent psychology. Greetings subscribers! I’m […]
In the Blind Spot: Rise of the multilateral sovereign vision fund and the dividend dollar
SNEAK PEEK — The commotion in Japanese bond yields suggests a new strategic relationship is being forged between Tokyo, the U.S, and Masayoshi Son’s Softbank. And it may just center on the creation of a multilateral sovereign “vision fund” in which anyone can buy a stake. — Why brokerage models that pursue quality matches […]
In the Blind Spot: PAXOS Americana
SNEAK PEEK — Putting the Pax into Pax Americana with the upcoming “global dollar network”. — The BoE’s new RTGS system is a go. — My name is Donald of Arabia, king of kings, look on my towers, ye mighty, and despair. Howdy partners and happy Eurovision day! How can anyone concentrate on writing […]
In the Blind Spot: What if Xi fails?
SNEAK PEEK — Why Tether’s investment in the Twenty One Capital spac is a stabilization play. — What if Xi fails? Xi’s grip on power may be weaker than people appreciate. In which case, is the true purpose of tariffs catalyzing regime change in Beijing? — We explore the curious case of the missing […]
In the Blind Spot: Gold and steel wars
SNEAK PEEK — How central bank gold swaps may be linked to the current rally. — Why Elon’s Robotaxi dreams lack basis in economic reality. — The Kashmir attack that could reshape global trade by leveraging India’s hold on Europe’s industrial future. Greetings, subscribers! The invitation to our Summer Party should have hit your inboxes […]
In the Blind Spot: When the black market becomes the free market
SNEAK PEEK — How Trump’s tariffs could turn China’s grey markets into America’s secret weapon. — The ECB is panicking about the rise of USD stablecoins. That’s not necessarily a good sign for the euro. — Why the proposed European Defense Mechanism (EDM) has something of the CDO about it. Happy Easter Monday, subscribers! […]
In the Blind Spot: Breaking the People’s Bank of China
SNEAK PEEK — Why the 90-day pause and exemptions on U.S. tariffs don’t represent capitulation but are rather classic “art of the deal”. **(Updated)** — Reminder that the Trump administration’s whole objective is transforming exorbitant privilege from a right into a service. — Now is probably a good time to familiarize ourselves with the […]
Blind spots to watch on “Orange Monday”
Greetings subscribers, I’m actually off on Easter school hoildays this week, but before I turn to family matters I thought I would jot down a few things to be mindful of. This is based on a mix of personal analysis and source-based insight. — As Rabobank’s Michael Every has been saying for a while, we […]