In the Blind Spot – India-Pakistan Tensions Point West
SNEAK PEEK — Will India and Pakistan’s conflict escalate into a full-blown war? — Damning testimony by Israeli spy chief lays bare deep faultlines at the heart of Israel’s democracy. — Dark truths behind Wikipedia’s editing system on display. Dear subscribers, Dario here. We apologize for my old newsletter going out yesterday morning. Mailchimp truly is a service that […]
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: Iran – we cool now?
SNEAK PEEK — US-Iran nuclear talks appear to be progressing adequately, with fascinating consequences. — The Serbian/Srpskan kerfuffle is plodding along mysteriously. — The discovery of a potentially life-supporting exoplanet is typically misguided. Dear subscribers, It feels like it’s been ages. That’s because it’s been relatively quiet in pure geopolitics land. All the attention has been stolen […]
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 […]
In the Blind Spot: Global shock therapy and the rise of the American Mittelstand
SNEAK PEEK — THE ULTIMATE MAGA TARIFF Q&A: You’ve seen the mainstream take on Trumpian tariffs. We answer all your questions about the counter perspective. — Does Trump’s pardoning of HDR Global Trading give us a hint about what they’re planning for dollar liquidity management? — The return of MEFO bills. Oh yeah. Good […]
In the Blind Spot: Nord Stream + Nuclear = War?
SNEAK PEEK — Why the two most salient agreements that could emerge from talks between Germany’s CDU and SPD do not mean what you think. — Were massive structures really found under the Giza Plateau? Dear subscribers: Dario here. We’re a lot more geopolitics-focused this week, with a fun detour in the Giza plateau. […]
In the Blind Spot: Exorbitant privilege as a service
SNEAK PEEK — The risky attempt to transition from an era where America provided the world with liquidity for free to one where access to the dollar is a premium service. — U.S. Treasury Secretary Bessent provides some more clues about how a U.S. sovereign wealth fund might work. — Ask not what the […]
In the Blind Spot: A Balkan black box
SNEAK PEEK — What’s going on in Serbia and the Republica Srprska? Dear subscribers, Dario here. It turns out that admitting my deficiencies is a superpower. Because, this week, it has allowed me to dive into the mysteriously parallel events in Serb-speaking land: the Serbian protests and the arrest warrant for the President of […]
In the Blind Spot: The incoming ‘Trump Pump’
SNEAK PEEK — Still struggling to understand what the great Trumpian economic restructuring is all about? Think reverse ESG. — It’s not a tariff on money. It’s Regulation Q in reverse. — We ask what role private military contractors will play in a Ukraine peace deal Happy Saturday subscribers! We’ve spent some time this […]