Recalibration: When Physical Resources Define Power

Today's episode unpacks the shifting global landscape, where access to physical resources—energy, compute infrastructure, and data—is rapidly becoming the primary axis of power. We examine the disconnect between paper and real oil markets, the AI investment cycle, and how Saudi Arabia and India are strategically positioning themselves for a world defined by scarcity and control.

Explore the full visual digest at pers-int.com

0:00 - Introduction
1:19 - Geopolitical Risks: Iran Conflict & Global Recession
9:09 - AI's Enterprise Revolution & Emerging Threats
16:01 - The $40 Trillion Private Credit Boom & AI Infrastructure
19:46 - Saudi Arabia's Global Investment Playbook
23:06 - India's AI Ascent & Decentralized Software Creation
26:09 - Conclusion

Referenced sources:
Asian Stocks Rise, US Hits Record on Iran Talks Hopes (Bloomberg Daybreak: Asia Edition)
Anthropic Draws Investor Offers at Over $800 Billion Value (Bloomberg Intelligence)
Single Best Idea with Tom Keene Dean Curnutt & Patrick Murphy (Bloomberg Surveillance)
Bloomberg Surveillance TV April 15th, 2026 (Bloomberg Surveillance)
Stocks Near All-Time High on Iran Peace Prospects (Bloomberg Surveillance)
Jensen Huang - TPU competition, why we should sell chips to China, & Nvidia's supply chain moat (Dwarkesh Podcast)
Apollo's Jim Zelter on AI Disruption and the Future of Private Credit (Exchanges)
#334 Abhishek Singh The $1.2 Billion Plan to Turn India Into an AI Superpower (Eye On A.I.)
How the world is preparing for oil shortages (FT News Briefing)
198 Inside Saudi Arabia's Sports and Investment Strategy The Why, Where and How, with Danny Townsend, CEO. (Money Maze Podcast)
Vibe Coding Gets an Upgrade (The AI Daily Brief: Artificial Intelligence News and Analysis)
The Energy Shock Is Here (The Journal.)
Iran war What does Tehran want and will it get it (The Rachman Review)
270. AI minister How we build a trillion dollar AI company (The Rest Is Money)
Replit's CEO on Vibe Coding, Wealth Building, and What Most People Get Wrong About AI (The a16z Show)
Economic Roundtable Structural Fallouts From the Iran Conflict (Thoughts on the Market)
Quantum Threats, AI Power & What's Next for Crypto with Mark Monfort (Unblocking The Chain)

This episode is independent commentary and is not affiliated with, sponsored by, or endorsed by the sources listed above.