Geopolitical Fault Lines and the Computing Power Bubble: A Structural Analysis of Capital Migration
I. The Starting Point: The Intersection of Two Causal Chains In the current global capital landscape, there is a structural phenomenon worth examining: the ongoing increase in entropy within the Middle Eastern geopolitical order and the potential inflection point in the AI valuation system of the U.S. stock market are becoming coupled through a hidden capital transmission chain. This is not an intuitive “butterfly effect” narrative, but rather a capital flow model with traceable causality. Let us start from first principles and dissect it layer by layer. ...