Provenance
This standalone page was migrated from the February 2026 compendium corpus.
TINA (There Is No Alternative)
In the channel’s currency context, TINA means the dollar remains dominant not because it is perfect, but because alternatives are constrained. The presenter still argues the “price” of that dominance (yields, terms) can change materially.
Reserve Currency Status
The role of a currency in global trade, reserves, and financial contracts. The series treats reserve status as path-dependent but contestable over long horizons if relative Five-Factor strength shifts.
Capital Repatriation
The movement of overseas-invested capital back to home jurisdictions. In this framework, repatriation is increasingly policy-driven (tax incentives, mandates, strategic pressure), not purely market-driven.
Wealth Tax Regime Expansion
The presenter predicts wider adoption of wealth-tax structures as governments seek funding for strategic investment and debt management.
Crowd-Out of Corporate Debt
A sovereign-heavy issuance environment can push up borrowing costs for corporates. In the channel’s logic, this raises the probability that strategic firms require guarantees, subsidies, or direct public capital.
Industrial Sovereignty
The ability of a country to make and maintain critical goods without adversarial dependency. In practice, this includes mining/refining, processing, packaging, tooling, and logistics resilience.
Chokepoint Investing
A strategy of owning assets at unavoidable bottlenecks in strategic supply chains. The channel’s late evolution emphasizes moving from broad macro themes to process-level monopoly identification.
Trade vs Investment Horizon Rule
A practical decision rule repeated across videos: short-fix disruptions are trades, structural multi-year constraints are investments. Months = tactical trade; 5-20 years = strategic investment theme.
State Capitalism / State Socialism (Channel Usage)
The presenter uses these terms to describe increasing state direction of strategic capital and industrial outcomes. The emphasis is not ideological purity but observed behavior: equity stakes, subsidies, mandates, and coordinated corporate structures.
Economic Security
A synthesis concept covering supply reliability, industrial capacity, financing resilience, and strategic autonomy. It sits at the intersection of all Five Factors and explains why fiscal and trade policy become security policy.
Counter-Investing
A portfolio construction concept introduced in the later videos: maintain broad market exposure (a “core” allocation) while adding a dedicated sleeve for critical-manufacturing sovereignty themes. The channel’s adaptation of 60/40-style portfolio thinking for the deglobalization era.