Is China winning the trade war or not?

China’s trade surplus persists despite tariffs. But few see who’s really financing it.
How the U.S. Treasury engineered a dollar squeeze in Iran

And what it suggests about how financial pressure could be turned on China and Europe.
LONG READ: Welcome to the tundra of the real

How a media frenzy turned Greenland into a stage set while its real struggles stayed off-script.
Epstein’s financial shenanigans

It wasn’t just money laundering, Epstein was trading market information.
Important WordPress subscriber note

This is a gentle reminder to those of you who are still signed up to the WordPress site that the Blind Spot is in the process of migrating to Substack. I’ve explained the rationale for this move here last year. The overall 2026 post-Politico strategy is laid out here. Reality is, the extra admin of […]
American Perestroika

And a reason to subscribe to the Blind Spot.
That Deutsche note

What are the real prospects of a European UST buyers’ strike?
A digital iron curtain descends on Europe?

Something doesn’t feel quite right with the internet right now. At least here in the U.K.
Dispatch from Nuuk
Greetings from the Arctic Circle.
LONG READ: Why Donroe Doctrine has stablecoins and Davos in its sights

Money, like law, only works when backed by enforceable authority.