The New Geography of Electric Power
Electric power forms around nodes that combine generation, grids, capital, skills, water and stability. Resources alone are not sovereignty.
Markus Kahnert
The Kaleidoscope of New Inventions
AI, quantum computing, biotech, robotics and abundant energy may converge into a new invention system—with promise and dangerous power.
Five Paths Into World Recession
Chapter 7 ranks the five most likely scenarios through which regional and sectoral stress could turn into a broader world recession.
The State Between Protection and Overstretch
Chapter 6 shows how welfare demands, defence, debt service and transformation costs collide with a narrowing revenue base.
The Capital That Still Has to Earn
Chapter 4 explains why AI utility, provider profitability and equity returns can diverge sharply — and how that divergence can amplify a confidence recession.
Automation Without Customers
Chapter 5 shows how AI infrastructure, less secure incomes and concentrated gains can combine into a new demand risk.
Europe Stops Buying
Chapter 2 shows why Europe’s real demand has not yet collapsed, even as confidence, credit and industry are already weakening.
The World Orders Less
Chapter 3 shows how Europe’s weaker purchasing appetite can turn into a broader order recession through Asian export chains, biflation and consumption psychology.
The Confidence Recession
A confidence recession begins not with one bang but with thousands of cautious decisions that can combine into a global downturn.
When Fear Becomes an Economic Fact
A sea lane can remain geographically open while becoming commercially close to unusable. Chapter 1 shows how fear becomes economic reality through insurance, finance and supply chains.