Analysis of economic systems, incentives, and structures that shape markets, institutions, and human behavior, with emphasis on underlying mechanisms rather than short-term outcomes.
Technology
Big Tech’s AI investments are not isolated bets but part of a circular architecture. Equity, contracted infrastructure revenue, and dependency reinforce one another. This paper examines how capital recycling through cloud and chip agreements reshapes exposure across the AI stack.
Civilization & History
The global order has not collapsed, but it is thinning. Power no longer organizes around a single hegemon or stable blocs. As states act independently within shared systems, structural strain grows and the risk of miscalculation rises.
Economics
Bitcoin’s most violent moves are not reactions to news or sentiment. They are the mechanical result of leverage, thin liquidity, and clustered liquidation levels colliding inside a synthetic market structure.
Economics
Part 2 - Bitcoin’s short-term price is shaped less by sentiment than by synthetic markets and strategic conflict among large participants. When these battles resolve, strategies fail, capital is redistributed, and participants disappear, leaving a thinner market governed by consequences, not intent.
Economics
Part 1 - Bitcoin’s short-term price is shaped less by sentiment than by synthetic markets and strategic conflict among large participants. When these battles resolve, strategies fail, capital is redistributed, and participants disappear, leaving a thinner market governed by consequences, not intent.