
Mazen El-Masri
2026/09/225 min read
The AI Bubble Part II: Regulatory Charades, Cloud Rents, and the Missing ROI
In a post I published last year (here), I argued that the staggering capital deployment into artificial intelligence was economically unjustifiable. Years later, the ROI remains nowhere to be found. Instead of a productivity revolution that justifies trillion-dollar valuations, the market has double...
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...


