THE ECONOMY ISN’T BROKEN It’s working exactly as designed. You were told: “GDP growth = prosperity.” Here’s the 2025 reality: 4.3% GDP growth. $166 billion in corporate profits. 4.6% unemployment. 0% real income growth. The economy grew. You didn’t. This isn’t a bug. This is the feature. The 20th century ran on a deal: Your labor = their profit = your paycheck. That deal is over. Productivity now routes around workers. AI handles the tasks. Shareholders collect the gains. You compete for what’s left. KPMG’s chief economist on this data: “I’ve never seen anything like it.” 40% of employers are planning AI workforce cuts. Entry-level hiring in AI-exposed jobs: down 13%. The Fed is cutting rates into a boom. Why? Because they know what the headline won’t tell you: The jobs aren’t coming back. The growth doesn’t need you. The system isn’t broken. It evolved past you. By 2027, “jobless growth” won’t be an anomaly. It’ll be the model. The golden age is real. It’s just not yours.

The gold vs Bitcoin debate officially ended this week. Nobody called it. The data is conclusive. The implications reshape everything. 2013: Gold crashes 28% $GLD: $25 billion in REDEMPTIONS Investors panic. Flee at first stress. 2025: Bitcoin drops 10% $IBIT: $25 billion in INFLOWS Institutions accumulate. Buy the entire dip. Same drawdown psychology. $50 billion behavioral swing. Opposite directions. This has never occurred for any alternative asset ETF in history. Now check the 2025 flow leaderboard: $IBIT ranked 6th overall $25.4 billion in net flows The ONLY negative performer on the board Every other top fund up 15% to 30% Meanwhile $GLD ran +64% Best gold year since 1979 Hottest precious metals tape in 45 years Bitcoin still out-raised it. While down 10%. Let that sink in. The pension consultants see this data. The endowments see this data. The RIA models are already adjusting. BlackRock didn’t build an ETF. They canonized an asset class. Stocks. Bonds. Real Assets. Bitcoin. 60/40 just became 55/35/5/5. Bookmark this: BTC +30% in 2026 = IBIT pulls $60B to $80B and cracks $150B AUM faster than any fund in history. Screenshot it. 12 months. I own the outcome. Institutions just voted. $25 billion during a correction. While gold ran the tape of its life. They didn’t choose gold. That’s not noise. That’s the signal.

Everyone is watching the chip war. Nobody is watching the power war. That’s the trap. China’s power grid: 3.9 terawatts America’s power grid: 1.3 terawatts Read that again. China has 3x the electrical capacity of the United States. They added more power generation between 2010-2024 than the rest of the world combined. Right now: → China: 30 nuclear reactors under construction → United States: Zero China’s data centers pay 3¢ per kilowatt-hour. Virginia—America’s AI heartland—pays 9¢. That’s not a gap. That’s a structural execution. Here’s what nobody will say publicly: AI doesn’t run on chips. AI runs on electricity. The chip is the brain. The grid is the blood supply. You can design the most advanced GPU on Earth. If you can’t power a million of them cheaply, you lose. Goldman Sachs projects China will have 400 gigawatts of spare capacity by 2030. That’s triple the entire projected global AI power demand. They’re not building for today. They’re building for the decade when AI scales 1000x. My prediction (bookmark this): By July 2026, the first major US tech company will announce an AI facility in a foreign country citing “power constraints” as the primary driver. That headline will be the moment America realizes: We didn’t lose the AI race in silicon. We lost it in kilowatts. The century belongs to whoever can keep the lights on.