The Inversion Investor

The Inversion Investor

Geoeconomic Statecraft & Weaponized Interdependence

Peter Pham's avatar
Peter Pham
Jan 21, 2026
∙ Paid

Is the U.S. trying to keep a rules-based system attractive (hegemonic), or is it converting network power into explicit asymmetric extraction/constraint (imperial-ish)?

Many recent actions sit in the middle: they’re justified as national security and resilience, but they also tighten dependency loops and widen asymmetry—classic great-power behavior under…

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