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31K on Sep 10, 2026 → 31K on Oct 21, 2026
Rank in Substack’s finance leaderboard: #92 today · #95 a week ago · #351 a month ago
Tracked since Sep 10, 2026 — 42 daily snapshots so far. The card below is built from what we track and refreshes nightly.
of 525 ranked finance newsletters
on Oct 17, 2026
last 30 days
average, recent posts
across 16 posts
Most-reacted post we have seen: The Hug and the Circumpunct: US, China and Russia — 145 reactions on May 18, 2026.
(Continued from Part Three ) Things seem to be resolved now in the Arctic. But perhaps things are just heating up. Trump is already extending his reach again, saying there is more coming in the Arctic. Here are seven specific Arctic islands and archipelagos that will be in play as the Golden Dome is constructed and as the US extends its reach further into the High North: Ellesmere Island (Canada). It is home to CFS Alert (the world’s northernmost permanently inhabited post), an ultra-sensitive Five Eyes signals intelligence (SIGINT) base. In an integrated Arctic defense network, Ellesmere and…
(Continued from Part Two ….) Cuba That brings us to Cuba. Yes, Cuba. Cuba is also not a traditional country. Instead, it is a company called GAESA, Grupo de Administración Empresarial S.A. Fidel Castro created it for his family in 1995, after the Soviet Union fell. The cash flows helped keep the Cuban military going after the loss of Soviet financial support, but they also gave his family control over much of the economy. GAESA is estimated to control 40% to 70% of the economy . It handles almost all FX transactions. It runs everything from supermarkets to hotels, telecom, and banking. It has…
(Continued from Part One ) Europe’s Islands Europeans are squarely focused on the islands they believe will determine Europe’s future: Gotland, Bornholm, Svalbard, the semi-autonomous, demilitarized, Swedish-speaking Åland Islands in Finland, Jan Mayen Land, Gogland, and the Faroes. Gotland and Bornholm have been in the news frequently over the past two years. Few people notice these islands, but they are perhaps the most strategically important in Europe. Gotland and Bornholm sit in the Baltic Sea lanes that connect St. Petersburg, Helsinki, Stockholm, Tallinn, and Riga. Russia’s naval…
We think of global geopolitics as a contest among the superpowers with large populations and landmasses: the US, China, Russia, and Europe. Islands look like inconsequential little dots on traditional geopolitical maps. But geopolitics may be better understood as a competition for control of these little dots, because they represent enormous cash flows and treasures. Control over these dots is arguably more valuable than control over vast land masses. For centuries, pirates and potentates alike relied on islands to stash loot, profit from choke points, and evade the law. We see this same…
What is science? You think it’s obvious. But it is actually a hotly contested issue right now. The argument about what science is fundamentally underpins the bloodbath that’s happening in the bond markets. It is causing a profound breakdown of public trust. It is also leading to what I call electile disfunction, meaning the inability of electoral systems to produce reliable, scientifically verifiable and trusted results. The equity markets now also hinge on this same question: what is science? Both the bond and equity markets are making massive bets on the ability of science and technology to…
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