Macroeconomics
Geopolitics
Capital
As one interconnected system.
I do not promise quick answers. I offer a path of inquiry intended to help us understand the processes shaping the world more deeply — from my perspective.
2026. 11. 07. · Structural process
Comparing American families' income, living costs and debts in 1971 and 2025 reveals how much greater the obligations we have placed on the future have become.
2026. 10. 18. · Structural process
Behind growing American wealth, many households have less financial room to manoeuvre, and the pressure spreads through consumption to businesses and credit markets.
2026. 10. 11. · Structural process
A high share of real estate in family wealth can become a risk when nominal prices still hold, while real income, rental yields and transaction demand are already weakening.