Substack

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Manufacturing in India: The Tide Is Turning
Our Calls, Currency, Trade access, and Manufacturing
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The AI Capex Bubble: Bigger Than You Think, Funded by You Don’t Know Who
How the AI buildout is being financed, and why it matters more than whether the technology works
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Chapter Seven – The Three Suns
The rupee stopped falling, but it was bought time, not victory. Chapter Seven follows what India does with three years: Three suns. Each one lit by something India does not yet own.
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Welcome to the Canopy
Seeing the Whole Forest | Pinetree Macro Canopy July 2026
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Chapter Six – The Pharmacy of the World
Pressure had flowed toward India: jets, currency, sea lanes, cloud. Now Delhi discovers it holds a switch of its own, in the one system the West cannot easily replace: the medicines on its own shelves

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