I started by trying to understand markets. Thirty years later I've ended up somewhere closer to life, the universe and everything. The same four rules keep showing up...
Along the way I've written three frameworks that have shaped how a lot of people see the world.
The Everything Code is what I found when I went looking for what actually drives markets. A debt rollover cycle, managed by liquidity, debasing the currency at roughly 8% a year. That debasement is monetary entropy. Capital routes around it, into whatever can compound faster than the entropy degrades it. Technology and crypto sit at the top of that flow because they are the intelligence layer of the economy. Markets are monetary energy routing toward the highest output of intelligence. The only assets that outperform debasement over extended periods are tech and crypto.
The Exponential Age is the realisation that technology has become the substrate. Compute, networks, energy and intelligence are compounding faster than any institution we built was designed to handle, and the gap between the two is the defining tension of our time.
The Economic Singularity is where this is heading. Somewhere in the next decade the curve of intelligence per unit of energy turns fully exponential, and the rules every economy we know was built on stop applying.
For a long time I thought of these as three separate ideas. Looking at them now, they are three views of the same thing at different altitudes. And underneath all three, the same four rules keep showing up.
Efficiency of Intelligence - The universe rewards whatever does more with less. Every system that survives is better at turning energy into information than the system it replaced. There has never been an exception.
Compression - Intelligence is the act of representing a vast reality in a much smaller form without losing what matters. Brains do it. Theories do it. Prices do it. AI does it. They are not analogous. They are the same operation.
Coherence - Complex systems hold together because their parts synchronise faster than the noise around them. Markets, brains, civilisations, ecosystems. When the synchronisation fails, what looks like collapse is desynchronisation made visible.
Selection - Patterns that copy themselves faster than their rivals dominate the medium they live in. Genes did this in biology. Ideas do it in culture. Memecoins do it in markets. Truth is not part of the selection criteria. Replication is. It always has been.
What the four rules produce, when they operate together, is networks.
The same topology shows up everywhere. The cosmic web. The human brain. Mycelium beneath a forest. The internet. Financial markets. Blockchains. Across fourteen orders of magnitude, the universe keeps building the same shape. That shape is what the four laws look like when you can see them.
The Everything Code is what these four rules look like in markets.
The Exponential Age is what they look like running through technology.
The Economic Singularity is where they are taking us.
Three angles, one picture.
Underneath all of it, energy is the constant. Consciousness is the substrate. The four rules are the dynamics through which one becomes the other.
All of this is one corner of what I call The Universal Code. The same four rules apply to everything else and I mean EVERYTHING... they are universal in the true sense of the word.
An MIT professor just exposed why most people fail to communicate.
It’s not your ideas.
It’s how you present them.
In minutes, he shows how to speak with clarity, impact, and authority.
Ignore this—and stay invisible.
I needed a way to test a simple but critical idea from Debt and Delusion:
👉 Was the growth we experienced real, or was it an illusion created by credit?
So I built a Canadian Real Prosperity Index, anchored at the start of the modern Economic LongWave in 1946.
Since the Great Financial Crisis, every mainstream measure of Canadian prosperity has told a reassuring story.
GDP recovered.
Employment rebounded.
House prices soared.
Incomes measured in nominal dollars continued to rise.
By conventional metrics, Canada healed.
The Canada Real Prosperity Index (CRPI) tells a different story.
By combining real median income, productive credit quality, and real GDP per capita weighted to reflect their structural importance, the CRPI reveals that what followed 2008 was not recovery.
It was a debt-financed facsimile of recovery, built on a credit foundation that was already collapsing.
The composite index has been declining since 2019.
The credit quality component, which accounts for 40% of the total index, now registers zero on the normalized scale.
139% Above Its Mean. Every Prior Peak Collapsed."
This is the Q Ratio — the broadest measure of US stock market valuation vs. the replacement cost of assets.
Right now? 139% above its long-run average.
We just touched 147% — above the 3 Standard Deviation line.
Here's what history shows every single time this chart got extreme:
1929 peak → -64%
1937 peak → -64%
1968 peak → -65%
2000 dot-com peak → bottomed at -18% (cushioned by Fed intervention)
Mean reversion isn't a theory. It's the most reliable pattern in 120 years of market data.
The arithmetic mean is 0.84.
We are not at 0.84.
Markets don't stay at 3 standard deviations.
They never have. The only question is timing!
Source: VettaFi / Advisor Perspectives — February 2026
🚨BULLISH: There are now 11 countries officially sponsoring #Bitcoin mining using govt resources.
This includes 🇷🇺Russia, 🇫🇷France, 🇧🇹Bhutan, 🇮🇷Iran, 🇸🇻El Salvador, 🇦🇪UAE, 🇴🇲Oman, 🇪🇹Ethiopia, 🇦🇷Argentina, 🇰🇪Kenya, and 🇯🇵 Japan, the newest to join.
The Canadian dream is almost dead!
You're 4-5x less likely to own a detached home in Canada than 50 years ago.
Don't worry, the government with build you a nice purpose built rental apartment with no parking space.
Canada’s trade war just got real as Jeep pulls $13 billion project — it’s biggest in history.
One in five Canadian jobs export to the US. But instead of making a deal, “elbows up” Carney spins goofy fantasies about green energy and the EU.
🚨BOMBSHELL🚨
Tax avoidance expert says CARNEY'S Brookfield is Canada's LARGEST TAX DODGER.
He confirmed Brookfield EVADED over $6.5 BILLION in Canadian taxes in just 5 years.
Carney's company POCKETED BILLIONS at Canadians' expense.
Canada liberal government has 3 bills that when passed will be their most destructive bills ever put into law
Free speech will be ended, Canadians will be thrown in prison for social media posts, warrantless searches of phones, pre-crime punishments and even open your mail
Bill C-2 - empowers government employees, not police, to open your mail, search your phone or computer — all without a warrant.
Bill C-8 - gives cabinet ministers the power to kick Canadians off the internet, impose fines, and demand data — no judge, no police review.
Bill C-9 - removes legal safeguards around free speech. Justice Centre expands “hate” prosecutions.
Online Harms Act - brings pre-crime punishment: house arrest, ankle bracelets, curfews for people who haven’t committed a crime. Because they might. “If the Online Harms Act is brought back and passed into law, you're gonna see the Canadian Human Rights Commission with massive new powers to prosecute Canadians over offensive non-criminal speech with penalties up to $50,000” (This is a bill that insiders say is about to be revived and passed with the 3 above)
“Canada will be a police state by Christmas if Parliament passes bills C2, C8, and C9 in their current form. C2 is the Strong Borders Act. It should be called the Strong Surveillance Act. It empowers Canada Post to open letter mail without a warrant. It criminalizes the use of cash in amounts greater than $10,000.
And it empowers a vast army of government officials, not just police, to conduct warrantless searches of the computers and cell phones of Canadians. It is a massive invasion of privacy. It's extremely dangerous.”
“You're gonna see a Digital Safety Commission with a vast army of bureaucrats to enforce federal regulations that are passed in respective of the internet and internet contents. And you're gonna see Canadians punished preemptively because their neighbor fears that they might commit a hate speech crime in future, the Online Harms Act would authorize judges to place Canadians under house arrest, wearing an ankle bracelet and respect a curfew, et cetera. Giving the federal government, giving federal cabinet ministers power to kick Canadians off the internet is not necessary for protecting public safety or defending our national security.”
🚨BREAKING NEWS: The Parliamentary Budget Officer has exposed a dangerous shift in how this government reports your money.
They’re redefining “capital investment” to include subsidies, tax breaks, and housing incentives — moves that make the books look better than they are.
Their definition now stretches beyond international standards, and they’re quietly dropping the most important measure of all — the debt-to-GDP ratio. That’s the anchor every serious country uses to measure sustainability.
When governments start rewriting definitions to hide their failures, Canadians lose trust — and integrity collapses.
Honesty isn’t optional in public finance. 🇨🇦
#cdnpoli
Tucker Carlson: "I said to somebody, a very powerful person, an elected official — holds a really senior position... 'All these people are controlled. They’ve all got weird s*x lives, and all these things they’re hiding, and they’re being blackmailed by the intel agencies.' And he said, and I’m quoting, 'I know.'"
Joe Rogan: "Elizabeth Warren got confronted about the amount of money that she's received from pharmaceutical drug companies. She said she's never received any money from pharmaceutical drug companies and never received any money from any PACs. Of course, underneath it, community note strikes again. Of course, she received millions. She's a liar."