The Black Line
The Black Line, Case ResearchStrategic analysis on investing, power, economic cycles, market structures, and the forces shaping wealth, politics, and civilization.
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 21 | Subscribers | Read | theblacklineops.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Mexico 2026 Begins in 2025
Mexico City, political gravity point.
SWIFT Last Dance?
For half a century, SWIFT has been the backbone of international payments. The name carries institutional prestige and the aura of neutrality. But what it really does is send messages, not money.
The Refining Empire
Baotou - China. The global hub of refining.
Sovereignty Priced In
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Authors
The writers behind this newsletter.
Strategic analysis on investing, power, economic cycles, market structures, and the forces shaping wealth, politics, and civilization - The Black Line
Value Investing + Special Situations Research… Whether it be classical value, deep, or legal cases. We regularly publish: write ups, ideas we've come across worth due diligence, near misses, and talks with management / specialists!
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