
Musings on Finance, Economics, Technology and Society
| Platform | Pricing | Only free issues | Publishes | Weekly | |
|---|---|---|---|---|---|
| Issues | 16 | Subscribers | Read | henrifouda.substack.com |
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## Introduction
Liquidity is no longer centrally produced. It emerges from an ecosystem of collateral, leverage, and institutional constraints. The Fed’s real role is not to drive the system, but to decide where failure stops.
During 2025, as financial services leaders accelerated the integration of increasingly advanced AI models into their operations, I reflected on the concept of the “bekon” from my mother tongue, Ewondo. In Beti culture, the bekon represent a...
Africa is experiencing a period of institutional development comparable to the transitions that other major regions have undergone when further geographic expansion was no longer possible.
The writers behind this newsletter.
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