Grocery store at Central World Mall in Bangkok

The Global Middle Class Boom: A Double-Edged Sword for Consumption and US Inflation.

In a world that’s rapidly evolving, one of the most transformative shifts has been the explosive growth of the global middle class.  Over the last 25 years, approximately 500 million people have crossed into this income bracket—earning above $50,000 in today’s dollars. This surge mirrors poignant examples like India’s Interior Minister’s observation from a decade […]

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Unveiling Fragility: Parallels Between Japan’s 1980s bubble and the U.S. Nasdaq, 2025

Summary: The wealthy are constructing fortified bunkers, a silent acknowledgment of systemic vulnerabilities that remain opaque to most.  This essay examines the striking similarities between Japan’s speculative bubble of the 1980s and the current U.S. Nasdaq boom, arguing that both are fragile constructs sustained by three critical flaws: unsettled financial obligations, stock-based compensation, and questionable […]

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