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Beneath the Surface

7 Grey Swan Predictions

Loading ...Addison Wiggin

January 1, 2025 • 40 second read


7 Grey Swan Predictions

Ironically or not, the thread that binds all of these Grey Swan events is a reliance on debt at all levels of society and a consumer culture that favors short-term gratification. Political violence is just a f’d up way of expressing dissatisfaction with a culture that values material goods over some kind of weird spiritualism. Both of the assailants in New Orleans and in Las Vegas were military and in financial distress.

Grey Swan #7: Debt Binge Ends

Grey Swan #6: Banks Go First

Grey Swan #5: BRICS Bucks Continue To Challenge the US Dollar

Grey Swan #4: The China Wild Card: Tariffs and Chips

Grey Swan #3: Death of the Middle Class

Grey Swan #2: Mutant AI and the Death of Free Speech

Grey Swan #1: Return of American Political Violence

Bonus Grey Swan: Rise of the American Police State


Barry Brownstein: Economics of Gratitude: What New Yorkers Forgot About Prosperity

November 10, 2025 • Addison Wiggin

If I were to sum up the mindset of New Yorkers who elected Zohran Mamdani as mayor of New York City, it would be We want something for nothing, and we want the rich to pay for it. Instead, they will get nothing for something, and they will pay for it with a degraded quality of life.

Mamdani’s victory was paved with ingratitude for the blessings New Yorkers receive daily. The mindset demanding “something for nothing” from society is not just a political phenomenon, but a profound lapse in economic understanding and moral character.

Barry Brownstein: Economics of Gratitude: What New Yorkers Forgot About Prosperity
Dollar 2.0’s Quiet Coup

November 10, 2025 • Addison Wiggin

Stablecoins — those blockchain-backed dollars like USDC and Tether — are expanding faster than any traditional banking product in history.

Each new token represents demand for short-term U.S. assets, deepening global liquidity while quietly helping finance the national deficit.

The catch? It moves power from banks to algorithms. That’s a good thing for you and me.

However, Treasury collateral will ultimately replace bank credit as the foundation of money. The U.S. dollar will gain reach, but further lose control.

Dollar 2.0’s Quiet Coup
Liquidity Party!

November 10, 2025 • Addison Wiggin

In plain English: there’s a new wave of easy money coming fast. We expect this will boost the already terrifying bull market even higher.

This is a perfect time to “panic now, and avoid the rush,” as we outline in our Plunge Protection Strategy.  Sell ⅓ or half of your positions into the buyer frenzy. Let the rest of your winners ride.

Liquidity Party!
The Debasement Trade, A Legacy

November 7, 2025 • James Hickman

Real assets in general tend to hold their value during inflationary periods — because they’re not just paper promises. They’re tangible. They’re productive. They’re the raw inputs the economy is actually built on.

One of the most obvious opportunities right now — possibly the most mispriced sector in the entire market — is energy.

The world does not exist without energy. Full stop. People have been fed a ridiculous lie that oil is going to disappear and we’re all going to drive solar-powered EVs and Exxon is going to go out of business.

The Debasement Trade, A Legacy