Cycles of Change

The ability to navigate a changing world depends on several key skills. These skills allow a person to maintain control and build value even during periods of instability. Five pillars form the foundation of personal agency. Digital sovereignty involves the ownership of personal data. Most [...]

The architecture of global reserves is reverting to physical settlement. For decades, the US Treasury bond served as the primary instrument of sovereign savings. This era is concluding. In 2024, central banks acquired one thousand and forty-five metric tons of gold. This marks the third consecutive [...]

Economic history is defined by the expansion and contraction of credit. This sequence forms a multi-decade debt super cycle. The process typically unfolds over seventy to one hundred years. It moves from a period of sound money and low debt to a terminal phase of catastrophic liability. The system [...]

A structural divergence is redefining the global financial hierarchy. The traditional model of a synchronized economic cycle is being replaced by a bifurcated system. This K-shaped economy separates participants into two distinct trajectories based on their proximity to asset-backed wealth. One [...]

A structural transition is occurring within the global financial system. This shift is visible in how nations allocate their capital to ensure survival in a bifurcated world. Why are central banks moving away from the surface-level stability of the established order? The answer lies in the changing [...]