Substack Library

Glossary

The Degrees Matter

After victory, we must at once put forward a new task. In this way, cadres and the masses will forever be filled with revolutionary fervour, instead of conceit.

Wealth, War& Rates

Readers, I was a guest on the Market Huddle podcast this week. Here is a recording if that’s of interest. I will also release a new podcast this weekend, a conversation with writer David McCloskey, once a spy, now a spy writer. Finally, while I wish I could give away the material for free, I can’t. The paywall compensates me and my team for the effort.

The Swing to Center

“Everything we see in the world is the creative work of women.” Ataturk.

Letter from Buenos Aires

This is a free post to give you a sense of what paid subscribers see. Writing these posts takes effort. If you value the content, sign up. Those funds help finance the research.

Putin is Evil, But He Won’t Win

“No one shall be subjected to arbitrary arrest, detention or exile.”

China’s Deflationary Down Wave

Note to my readers: I am in Florida to celebrate my wife’s birthday and attend rowing camp. As a result, no post next week unless the sky falls, in which case you will hear from me.

Would a Trump Win Move Markets?

“I will try to express myself in my art as freely as I can and as wholly as I can, using for my defense the only arms I allow myself to use, silence, exile and cunning.”

Nikki in NH

THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH.

Villains, Perpetrators, Markets

“Four hoarse blasts of a ship’s whistle still raise the hair on my neck and set my feet to tapping.”

A Framework for Today’s Conflicts

“In China and Islam, political contests were fought for control of an established framework of order. Dynasties changed, but each new ruling group portrayed itself as restoring a legitimate system that had fallen into disrepair.”