The men of Davos, ever eager to lecture the world on ESG purity and corporate virtue, are of course paragons of moral perfection—until they aren’t.
Last April, a whistleblower dared to suggest that the self-styled “Darth Vador” of the Swiss Alps had conspired with USAID to quietly misplace tens of millions in funding. In a grand display of transparency, the WEF announced that its board had unanimously agreed to investigate itself. Fast forward to August and, unsurprisingly, the verdict is in: no wrongdoing, nothing to see here. The system has investigated the system and—miracle of miracles—the system is clean.

https://www.reuters.com/world/world-economic-forum-launches-probe-into-founder-klaus-schwab-over-whistleblower-2025-04-22/

Peter Brabeck-Letmathe, Nestlé’s own “Poisoner-in-Chief,” dutifully warmed the chairman’s seat until the High Priest of Davos, Schwab himself, could be absolved of all earthly sins.
With his halo restored, the WEF wasted no time appointing its new oracles: Larry Fink of BlackRock and André Hoffmann of Roche.

In a joint proclamation, they dispensed with subtlety, proudly declaring their intent to fuse government and business into one seamless apparatus.

Stakeholder economics, they assure us, is not tyranny—it’s “progress.” And how fitting: the same landlord of the ‘plandemic’, BlackRock, who scooped up residential real estate while the middle class suffocated, now sits enthroned to shepherd us into the blissful prison of 15-minute cities. “You will own nothing” is no longer a slogan—it’s their blueprint for turning dialogue into action.

https://www.weforum.org/stories/2025/08/statement-from-interim-co-chairs-of-the-world-economic-forum/

Larry Fink, once the reluctant apostle of ESG, now gladly embraces the gospel he previously mocked, determined to strong-arm corporations into compliance while ushering in the digitization of assets as the new chains of ownership.
André Hoffmann, meanwhile, takes the health pulpit, dressing globalist dominance in the white coat of “well-being” while flirting with weather manipulation as a tool of control.

Alone, each wields immense power. Together—under the sanctified banner of the WEF—they become the high priests of Davos’ Great Reset, where the commandments are clear: compliance, control, and consolidation.

Like all Malthusian relics it nurtures, the WEF has entered its own stage of decline, limping through 2024 with fading credibility. Its high priests will attempt to patch the cracks, but no amount of ESG sermons or “multi-stakeholder” incantations will stop the inevitable.

The globalist agenda will collapse under the weight of its own hubris, swept aside by the dawn of a mercantilist revival—a future that begins to stir now and will fully blossom after 2032.

YOLO investors still buy the fairy tale that crypto is “decentralized” — because Wall Street said so. Meanwhile, the Donald Copperfield waves Stablecoins like magic beans to fund banker wars, but the real trick is already done: KYC.
Not dramatic. Not dystopian. Just boring regulation — the velvet glove on a surveillance fist. Hand over your passport to “stack sats,” and congrats: you didn’t buy freedom, you bought your own digital cage.

They say it’s about safety. Translation: traceability. Canada froze accounts over donations. The U.K. arrests protesters with face scans. The U.S. geofences whole neighborhoods. Add KYC, and you’ve got a plug-and-play blacklist machine.

https://www.trulioo.com/industries/crypto-identity-verification/kyc

Governments didn’t have to ban Bitcoin; they just had to know your name. KYC, centralized exchanges, and a little behavioral data — voilà, every sat you touch becomes a breadcrumb on your permanent record.
“Compliance” isn’t about safety; it’s about plumbing. Tagged wallets, sanitized UTXOs, neat little pipelines of identity-linked transactions. Not crime prevention — people management.

It’s not money laundering they’re after. It’s thought laundering. Dissent gets a label long before it becomes a problem.

https://bitcoinmagazine.com/takes/the-government-is-not-your-friend

The danger of KYC isn’t that it screams Big Brother — it’s that it whispers convenience. Just a selfie, a phone code, maybe even a signup bonus. But every form feeds the machine. Not just yours — everyone you transact with.
KYC is viral. One tagged wallet infects the whole chain. Chain analysis firms don’t need to catch everyone, just one. From there, it’s math.

You thought you were stacking sats. You were really stacking evidence.

https://bitcoinmagazine.com/culture/kyc-bitcoin-and-the-failed-hopes-of-aml-policies-tracking-funds-on-chain

So yes, keep filling out your KYC forms for crypto assets, smile for the selfie check, and call it “ownership.” Just don’t be surprised when your “sovereign stack” comes pre-tagged, pre-approved, and ready for blacklisting.

Real exit ramps aren’t built with government IDs. They’re built with discipline, off-grid, and backed by the one asset no bureaucrat can counterfeit: physical gold.

In a world starving for energy, it’s hardly shocking that while green zealots keep preaching their costly miracle cure, the only power source actually growing is nuclear. Global nuclear generation hit a record 2,817 TWh in 2024, driven mostly by non-OECD countries. China alone grew output 13%, pushing Asia Pacific’s share above 28%—a clear geopolitical shift. Meanwhile, the West prefers shutting plants and patting itself on the back for “progress.”

https://www.energyinst.org/statistical-review

Nuclear power remains a paradox: capable of generating vast amounts of low-carbon electricity, yet perpetually constrained by politics and public perception. In 2024, global nuclear output rose to 2,817 terawatt-hours—a modest increase from 2023 but enough to set a new record, surpassing the previous peak of 2021.

Nuclear power is staging a comeback—just not where Western policymakers like to brag about “green progress.” Global output has grown 2.6% a year over the past decade, driven almost entirely by non-OECD nations, while the West lets reactors age into retirement. Asia Pacific now supplies over 28% of nuclear power, thanks mostly to China, which nearly doubled output in ten years.

The U.S. finally managed a nuclear milestone in 2023–24 with the long-delayed startup of Vogtle Units 3 and 4 in Georgia—the first new reactors in over three decades. After years of cost overruns and delays, the 2,200 megawatts they add (enough to power a million homes) stand out as a rare case of genuine expansion in a country otherwise content with squeezing extra years out of aging plants. By contrast, Canada’s output has slipped from 106 TWh in 2016 to 85 TWh in 2024 amid refurbishments and shifting policies, while Mexico’s much smaller fleet continues its rollercoaster of year-to-year fluctuations.

The global nuclear landscape is splitting in two: countries investing heavily for energy security, and those phasing out.

The center of gravity is shifting from the West to nations willing to commit long-term capital and policy support.

For investors, the real growth opportunities lie in Asia, not Europe or North America. The political and environmental payoff is clearest in China

The Macro Butler yanks the plug on what investors can expect from the final Jackson Hole Symposium with our ‘Central Banker In Chief’ stealing the show, plus a cheeky guide to positioning portfolios for the looming Trump Stagflation circus!

https://themacrobutler.substack.com/p/interview-with-bfm-899-malaysia-20082025

While the “Manipulator-in-Chief” keeps busy undermining his own central bank, the July FOMC minutes read like a love letter to confusion. Rates “may not be far above neutral,” but officials can’t stop wringing their hands over inflation, tariffs, and asset bubbles they’ve clearly inflated themselves. Inflation? Terrifying. Tariffs? Delayed doom. Employment? Oh, maybe later. Meanwhile, elevated asset valuations somehow surprised only “several” participants (bless their hearts). And yes, they even managed to sneak in a stablecoin sermon—because nothing screams monetary stability like debating crypto while the house is on fire.

https://www.scribd.com/document/904119445/Fomc-Minutes-20250730#download&from_embed

FOMC members are warning about the risk of unanchored expectations while pointing to surveys and market-based measures that still look perfectly “anchored.” It’s the Fed’s classic doublespeak: acknowledge a phantom threat, remind everyone stability still holds, and then justify doing… nothing bold. If inflation expectations were truly slipping, you wouldn’t see this kind of hedging — you’d see panic. So no, it doesn’t look “unanchored”; it looks more like the Fed is covering its bases in case things unravel later.

In a nutshell, the Fed’s July minutes boil down to this: panic about everything, admit nothing’s broken, and do absolutely nothing bold.

While the world eagerly awaits the next grand move on the geopolitical chessboard, the U.S. Treasury decided to thrill markets with a $16 billion 20-year bond auction. The result? A “dramatic” high yield of 4.876%—a whole tick lower than July’s 4.935%—and a stop-through of 0.1 bps.

Riveting stuff… the kind of excitement only bond traders pretend to lose sleep over.

The bid-to-cover ratio came in at 2.54, slipping from 2.79 and marking the weakest showing since May—also below the six-auction average of 2.63. The internals hardly inspired confidence: foreign buyers pulled back, with Indirects taking just 60.6% (down from 67.4% and the lowest since February 2024). The slack was picked up by Directs, who stepped in for a record 26.5%—because nothing says “robust demand” like domestic buyers forced to mop up the leftovers.

Overall, it was a “solid” auction—if you believe the fairy tales Wall Street banksters keep spinning about the mythical risk-free world—while the only truly antifragile asset in a time of war remains PHYSICAL GOLD, not government IOUs.

Dealers were apparently too busy counting their profits elsewhere, managing to scrape together a measly 12.9%—well below their recent “average” of 14.1%.