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The Paranoidist

Paranoia is a feature, not a bug.

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The Run and the Drift

Jun 14, 2026

Washington Is Making Dollar Stablecoins Permanent and Calling It Strength, While the Same Tokens Quietly Drain Monetary Sovereignty Abroad and Wire a Runnable Creditor Into US Debt at Home.

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The Price of a Declaration

Jun 8, 2026

A President Keeps Declaring a Ceasefire Into a War That Keeps Resuming, a New Fed Chair Holds the Title but Not Yet the Votes, and a Removal Case Sits Undecided at the Supreme Court

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The Chair Without a Committee

May 31, 2026

Kevin Warsh Was Confirmed Fed Chair on the Most Divisive Vote in the Institution's History, Inheriting a Committee That Has Already Signaled It Will Not Follow Him

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The Footrace to May 31

May 24, 2026

Boards Modeling the Iran War Now Must Price Three Independent Tracks Racing Each Other to the Same Statutory Deadline.

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The Tied Hand

May 17, 2026

The Legal-Institutional Architecture That Constrains Executive War-Making Has Moved from Broken to One Vote from Binding Between Now and the May 31 Statutory Deadline.

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The Paranoidist

Paranoia is a feature, not a bug.

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