GSI Banner
  • Free Access
  • Contributors
  • Membership Levels
  • Grey Swan Forecasts
  • Video
  • Origins
  • Sponsors
  • My Account
  • Sign In
  • Join Now

  • Free Access
  • Contributors
  • Membership Levels
  • Grey Swan Forecasts
  • Video
  • Origins
  • Sponsors
  • Contact

© 2026 Grey Swan Investment Fraternity

  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
  • Do Not Sell or Share My Personal Information
  • Whitelist Us
Ripple Effect

A Tale of Two Countries

Addison WigginAddison Wiggin

January 6, 2026 • 1 minute, 29 second read


PolandVenezuela

A Tale of Two Countries

History is clear. The “warmth of collectivism,” as New York City Mayor Mamdani wants you to believe, doesn’t come from a healthy economy. Maybe from, burning books and buildings… but not from building a prosperous society.

Let’s compare two countries. Poland, rising out of collectivism, and Venezuela, forced into the delusion:

Turn Your Images On

Twenty years ago, the economic prosperity of Poland and Venezuela were, all things being equal, identical. (Source: Our World Data)

Poland spent decades behind the Iron Curtain as a vassal state as part of what Reagan called the “Evil Empire”, the USSR. Venezuela did not, enjoying growth and economic freedom to become one of the wealthiest countries in South America.

However, Venezuela’s shift towards collectivism in the early 2000s led to a massive decline in the standard of living.

Meanwhile, once the people of Poland unshackled themselves from the collectivist delusion, it has become a thriving success story.

Since 2000, Poland’s GDP per capita has more than doubled after adjusting for inflation.

In 2025, Poland surpassed Switzerland on the global who’s who of thriving economies, joining the G20.

In the same time span, Venezuela’s GDP has declined by two-thirds.

~ Addison

P.S. Grey Swan Live! returns from its holiday hiatus this week. Our guest this week will be Matt Smith, publisher at Casey Research. Matt and co-author Doug Casey have just released a new book titled “The Preparation.”

Quick hit: Both Matt and Doug are raising cattle in Uruguay. The Preparation has some very strong opinions on the value of Western education and how to prepare the next generation to participate in a strong, thriving economy.

If you have requests for new guests you’d like to see join us for Grey Swan Live!,  or have any questions for our guests, send them here.


Inflation Pressure Begins With Shippers

September 4, 2026 • Addison Wiggin

A surge in the cost of moving raw materials could be the latest sign that persistent inflation is building throughout the global supply chain.

Inflation Pressure Begins With Shippers
Fertilizer Sows Inflation

September 3, 2026 • Addison Wiggin

Fertilizer sits beneath the crops. And right now, it’s moving first. This breakout is one worth watching — and potentially worth investing in.

Fertilizer Sows Inflation
The Master of Financial Engineering

September 2, 2026 • Addison Wiggin

Tim Cook famously helped Apple reach $1 trillion in market cap. This is how he created over 2,200% in “shareholder value.”

The Master of Financial Engineering
Japan: Canary in a Coal Mine

September 1, 2026 • Addison Wiggin

As the Japanese bond goes, so goes the U.S. Treasury. At least, that’s the playbook Treasury Secretary Scott Bessent is playing from…

Japan: Canary in a Coal Mine