Big Tech, AI Power Constraints, and the Specter of 1929

1 month ago

The three initial theses are maintained, but with increased robustness: Quality of Big Tech Profits: The non-economic share of the…

Detailed Technical Exploration of the mBridge Project

1 month ago

mBridge is a multi-CBDC (wholesale) platform for cross-border payments and foreign exchange settlements in central bank digital currencies. Originating from…

Interoperability of Instant Payment Systems and CBDCs within BRICS

1 month ago

On August 11, 2026, RBI Governor Sanjay Malhotra confirmed that BRICS members are actively exploring links between their instant payment…

Starlink Direct-to-Cell, also called Starlink Mobile or D2C/DTC

1 month ago

Starlink Direct-to-Cell (also called Starlink Mobile or D2C/DTC) is SpaceX’s satellite-to-smartphone service that lets ordinary, unmodified 4G/LTE phones connect directly…

The Monte Carlo analysis of JPY carry trade

1 month ago

The Monte Carlo analysis of JPY carry trade unwind uses a Merton Jump-Diffusion model to simulate USD/JPY dynamics over a…

Analysis of the Foreign Exchange Intervention Mechanisms of the Bank of Japan (BOJ) / Ministry of Finance (MoF)

1 month ago

Institutional and fundamental legal framework Unlike many central banks, the Bank of Japan (BOJ) has no autonomous decision-making power over…

Global Systemic Convergence of the 7 Vectors (December 2025). Reassessment and Recalibration as of August 10, 2026

1 month ago

The original thesis from December 6-13, 2025, predicting a catastrophic systemic event driven by a Fed-BOJ shock and a $11.5…

Prospective Trajectory of SpaceX as an Infrastructure

1 month ago

SpaceX is not a blockchain protocol, a crypto cloud, a native DePIN network, or an on-chain payment processor as of…

Profitability and margin structure. Quantified comparison of SpaceX (Q2 2026) vs hyperscaler models (AWS, Azure/Microsoft Cloud, Google Cloud, Meta AI infrastructure).

1 month ago

https://www.steelldy-indices.com SpaceX has a gross margin of 55.3%, but negative operating and net margins (-1.8% and -6.9%). Only Starlink connectivity…

CCQI = 82.98 this morning, EUA price at €79.01

1 month ago

This morning, the CCQI (Climate Change Quality Index) stands at 82.98, reflecting relative stability in the quality of climate-related assets.…