The Grey Swan Investment Fraternity now has members in over 28 countries! That’s not including members of our investor’s network, who also reach into countries such as Russia and China.
Thank you for being a member of our fraternity, and for helping expand the map. We look forward to updating it further!
Grey Swan Investment Fraternity member map as of 12/10/2024
January 21, 2026 • Addison Wiggin
Japan’s 40-year yield climbed to a record 4.21%.
Japan holds $1.2 trillion in U.S. Treasurys.
When their domestic yields spike, Japanese capital returns home. That means selling U.S. assets: stocks, bonds, ETFs. That selling pressure cascaded through the global financial system.
This mechanism isn’t new.
January 21, 2026 • Addison Wiggin
Social spending in Europe has roughly doubled in the past 30 years. But only in 2025 has defense spending returned to levels last seen when the Berlin Wall was still standing.
Treasury Secretary Scott Bessent estimated on NBC’s Meet the Press over the weekend that the US has spent 22 trillion dollars on its commitment to NATO. Or, roughly two-thirds of the U.S.’s $38 trillion in national debt.
Social spending in Europe has roughly doubled in the past 30 years. But only in 2025 has defense spending returned to levels last seen when the Berlin Wall was still standing.
Treasury Secretary Scott Bessent estimated on NBC’s Meet the Press over the weekend that the US has spent 22 trillion dollars on its commitment to NATO. Or, roughly two-thirds of the U.S.’s $38 trillion in national debt.
January 20, 2026 • Addison Wiggin
Trump boarded Air Force One this morning for the World Economic Forum in Davos, Switzerland. It’s been one year to the day since his second inauguration. At this year’s summit — already set to break attendance records with 65 heads of state and over 850 global CEOs — Greenland is top of the agenda.
“We’re going to do something on Greenland whether they like it or not,” Trump told reporters earlier this month.
January 20, 2026 • Addison Wiggin
Greenland sits at the confluence of North America, Europe, and the Arctic.
As the polar ice melts, new shipping lanes open between Asia and Europe — cutting weeks off traditional routes and escalating the race for Arctic dominance.
Secretary of State William H. Seward, the same Seward who bought Alaska from Russia, first advocated for purchasing Greenland in 1867. Again, in 1946, president Harry Truman made a formal, but secret, offer of $100 million in gold to Denmark which Copenhagen declined.
