How Much Would an AI Crash Destroy?
Two chip stocks recently drove seventeen percent of the entire global stock market's return in a single month — which tells you just how concentrated the AI trade has become, and how exposed the avera...
23 Aug 36min
The Hidden Risk in the US-Japan Yen Rescue
In July 2026, the US Treasury did something it hadn't done since 1998: it intervened in the currency markets to prop up the Japanese yen — and Treasury Secretary Scott Bessent, a former Soros hedge fu...
15 Aug 31min
Does Leopold Have Situational Awareness?
Last week, 24-year-old Leopold Aschenbrenner — former FTX staffer, ex-OpenAI researcher, and author of the viral 165-page essay "Situational Awareness" — managed to lose roughly two-thirds of his $45 ...
11 Aug 39min
Big Tech's Hidden Debt Problem
Nikkei Asia recently reported that the five biggest US tech companies are carrying an estimated $1.65 trillion in "hidden," off-balance-sheet debt — and a lot of commentators have reached for the word...
4 Aug 32min
Where is Venezuela’s oil money?
When the United States took control of Venezuela's oil exports in early 2026, it collected an estimated $13 billion in crude sales — but the official ledger in Caracas records almost none of it, and s...
27 Jul 37min
The World's Best Stock Market Is Also Crashing!
South Korea has the best performing stock market in the world for the second year running — and it's also in the middle of one of the worst bear markets on earth. The KOSPI is down around 27% from its...
19 Jul 37min
Is Russia Actually Losing?
Russia's war economy is running out of road. Ukrainian drone strikes have knocked out roughly a third of Russia's oil refining capacity, forcing an energy superpower to ration petrol at home and impor...
12 Jul 33min
The Real Reason European Cars Can't Compete
Europe's automotive industry is facing a historic crisis as Volkswagen weighs unprecedented factory closures and massive job cuts. However, the root of the problem isn't just high energy costs or Euro...
5 Jul 26min
