Earth was once a snowball, and once warm enough for crocodiles near the Arctic. So what makes 20th-century warming different - and where are the popular doubts right, and where are they wrong?
1 · vii · 2026
The cyber crisis of the future is not just data loss. It is an information crisis: wrong GPS, AI-generated rumors spreading through social networks, bank runs within hours, and infrastructure forced to respond at machine speed.
13 · vi · 2026
Too Big To Fail doesn't tell the 2008 crisis from the side of people who shorted housing, like The Big Short. It tells it from the side of the people who had to decide, weekend after weekend, who to save, who to let fall, and how to use public money so the system wouldn't freeze.
7 · vi · 2026
A prediction market is not just political betting with a fintech skin. It is a market that turns the probability of an event into a price, forcing anyone with an opinion to bear financial risk. But once that price is used as a signal by media, algorithms, and large flows of capital, the market no longer just predicts reality; it can start pushing back on it.
5 · vi · 2026
Loyalty points are not a free gift. Under IFRS 15, they are a distinct performance obligation, creating a contract liability that only converts to revenue when a customer redeems or the points expire. Once professional point-farmers show up, the whole economics of a loyalty program flips.
4 · vi · 2026
From options trader to philosopher of risk, Nassim Nicholas Taleb built an investing worldview around luck, distribution tails, optionality, barbells, and the ability to benefit from disorder.
4 · vi · 2026
Comparing 15 major currencies against the USD across YTD, 1Y, 2Y, 3Y, 5Y, 6Y, 10Y, and 20Y horizons. Performance is only the visible surface; real strength lies in the current account, fiscal discipline, central bank credibility, and how the exchange rate is managed.
2 · vi · 2026
An economic crisis doesn't necessarily bankrupt a society in one morning. It usually corrodes the exchange rate, credit, wages, food prices and trust in silence - until a breaking point, when people wake up to find their savings, jobs, banks and contracts have all changed meaning.
1 · vi · 2026
Monetary colonialism is not just a USD story. It is a power mechanism in which the asset-owning class, banks, and the state access newly created money first, push asset prices up first, and leave wage earners to receive the inflation bill last.
30 · v · 2026
Shorting the USD is not like shorting a stock. Because the dollar is simultaneously the world's debt currency, settlement currency, reserve asset, and safe haven of last resort, a strike aimed at America usually loops back and strangles everyone else's balance sheet first.
30 · v · 2026
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