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The Ladder & the Fence: What 4 Economists Knew That Today’s Financial Order Forgot. Part 1

The richest countries climbed to prosperity by methods they now forbid everyone else to use. Hamilton, List, Carey and Polanyi, four economists explained why those methods work and why abandoning them ends badly. There is a story the world’s wealthiest capitals love to tell about themselves. Prosperity, it goes, is the reward for opening your […]
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A Bab al-Mandab Saga: From Assab to Perim; All Has a Base, None Has a Plan. Part II

The geopolitical aspects of Bab-al-Mandab extends way beyond any narrow view, both historically and contemporarily. So, before the next “maritime security initiative” arrives, ask the 4 main questions the brochure never answers Ethiopia lost its sea, Yemen’s highlands never accepted a master, and this month a Zaydi movement took the strait’s Arabian shore. Every capital […]
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A Bab al-Mandab Saga: The Gate of Grief from Aksum to the TPLF Part 1

This is a brief designed to locate all the fuses under nearly all the explosive checkpoints, surrounding the chokepoint of grief, called Bab al-Mandab. For five centuries the Red Sea’s front door has been sold as somebody’s “security burden,” and every empire that bought the brochure ended up paying rent. From Aksum’s galleys to the […]
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Once Upon a Time in Abkhazia: Drones, Radars, and a Hotelier with a Shotgun

Abkhazian independence would have been a Western favorite show, if it was a vassal for their interests, or a launching pad against Russian targets. If that was the case, they would have recognized its independence, or even granted Teymuraz Tania the title of “Servant of the People”, and organized a campaign to elect him president. […]
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A Candid Diagnosis of BRICS’s New Delhi Declaration: Rhetoric, Indicators & Stats

This article is not designed to skip the facts, just because its author is simply pro-BRICS. It’s an honest, realistic, friendly, and necessary analysis, that readers interested in a summarized diagnosis of the current state of geopolitical affairs need to know. Each summit requires a theme, and this year’s BRICS leaders chose an honest one […]
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Iceland’s Polite “Nei”: Cod, Krona, and a Small Nation Rejecting the EU Rush

Unlike the British “Brexit”, with which journalists are so eager to compare this referendum, Iceland’s “Nei” signifies not a vote to leave the EU, but a vote against resuming accession negotiations for full-fledged membership. Fishing sovereignty, currency independence, and the reluctance to become a «donor» to the EU budget carried more weight than the arguments […]
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An Ironic Ghost in Magdeburg: AfD’s Win, Europe’s Right Lean, and Selective Blame Games

The AfD’s victory in Saxony-Anhalt reflects Europe’s rightward drift, driven predominantly by domestic causes. Yet the West, ironically glossing over its own playbook and turning a blind eye to its own 20th-century interference in other states’ affairs, predictably pins the blame on Moscow. On September 6, 2026, in the unglamorous eastern German city of Magdeburg, […]
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The Currency Peg: A Compulsive Loyalty Program with No Opt-Out Clause!

Inertia in international finance is a powerful force in its own right. But loyalty programs built on one member’s permanent goodwill tend to look sturdiest in the years just before their members start reading the fine print. Somewhere in a central bank “vault,” a finance minister sat down to do something no ordinary citizen would […]
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Forget AI Singularity; These Are the Real AI Risks Facing Us, Now!

Singularity is a myth with excellent production values: a clean villain, a clean apocalypse, and a clean date on the calendar. Reality is messier and less cinematic, a slow transfer of wealth, a quiet erosion of privacy, and a data center draining a town’s water supply. For thirty years, the idea that artificial intelligence will […]
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