
Mazen Elmasri
2025/10/155 min read
The AI Bubble: Why This Time Isn't Different
The managing director of the IMF and a new report from the Bank of England have joined a growing chorus of institutions issuing a stark warning: we are in an AI bubble, and it could be set to burst. The Bank of England’s Financial Committee stated, “equity market valuations appear stretched, particu...

2025/10/084 min read
Of War and Peace (Or Hate and Love)
I was born into a divide. The year was 1975 and the place is Beirut, once the Switzerland of the East, which became, in my earliest reminiscences, a line in blood. War had erupted in the Lebanese Civil War, neighbor against neighbor, Christians and Muslims and everyone in between. For seventeen year...
M
2025/09/155 min read
Beyond the Hype: The Risk Landscape of Real World Asset Tokenization
Tokenization, especially of real-world assets (RWAs), has become a major focus in finance, fintech, IT, and government in 2025. Stated simply, RWA tokenization means creating blockchain versions of traditional financial or physical assets. According to Animoca, the recent scale of this trend is stri...
M
2025/09/103 min read
Outsourcing Debt: On money, digital currencies, and monetary policy
The US debt has reached a climax! Around 29 trillion printed dollars are parked in bonds, notes, and bills resulting in a debt-to-GDP ratio skyrocketing to around 125%. Servicing this debt is becoming too costly to handle especially with yields on 30year bonds almost at 5%. Global interest owning US...
M
2025/09/042 min read
The Interplay of True Success and Self-Made Luck
Common wisdom often equates success with financial status or prestigious job titles. This is a narrow view, one that has been refuted even by those we consider the pinnacle of such achievement. As Steve Jobs reflected on his deathbed, “Being the richest man in the cemetery doesn’t matter to me… Goin...




