Frameworks on Statecraft Capital Engineering
- The Debt Bubble Will Burst: How to Survive the Next Economic Phase1. The Debt Cycle and Its Implications Ray Dalio’s debt cycle theory holds true across time: In understanding economic conditions, the role of debt cannot be overstated, as it… Read more: The Debt Bubble Will Burst: How to Survive the Next Economic Phase
- Do We Accept Riba (Usury) in This World of Fiat Currency?The concept of riba (usury or interest) has been a cornerstone of Islamic economic principles for centuries. Grounded in the ethical foundations of fairness and justice, its prohibition stems… Read more: Do We Accept Riba (Usury) in This World of Fiat Currency?
- Start Here: The Playbook Danantara Needs to Lead Indonesia’s Next 50 YearsFor over two decades, we’ve called 5% GDP growth a success story. We’ve managed our deficits. We’ve impressed the bond market. But if your cost of capital exceeds your… Read more: Start Here: The Playbook Danantara Needs to Lead Indonesia’s Next 50 Years
- Indonesia Must Migrate from a Debt-Fueled to a Capital-Driven EconomyIndonesia may report 5% growth, but when you subtract interest and debt repayments, the real progress is a fraction of what it seems. This chart shows why we must… Read more: Indonesia Must Migrate from a Debt-Fueled to a Capital-Driven Economy
- The Hidden Cost of Indonesia’s Budget Deficit: When the Market Dictates the NationFor years, Indonesia has treated its annual budget deficit as an acceptable economic reality. As long as the debt-to-GDP ratio stays below 60%, and as long as international investors… Read more: The Hidden Cost of Indonesia’s Budget Deficit: When the Market Dictates the Nation
- The Capital Bunker Crisis: How Indonesia Is Sitting on Trillions of USD in Frozen State CapitalA Nation Starved by Its Own Wealth Indonesia isn’t poor — it’s capital-suffocated. For decades, our state-owned enterprises (SOEs) have been defended in the name of nationalism and protected… Read more: The Capital Bunker Crisis: How Indonesia Is Sitting on Trillions of USD in Frozen State Capital
- The Capital Architect: How President Prabowo Is Reengineering 844 SOEs Through Danantara“If you cannot deliver results, get out.” — President Prabowo, April 28, 2025. Those words weren’t just a reprimand. They were a signal: Indonesia has officially entered a new… Read more: The Capital Architect: How President Prabowo Is Reengineering 844 SOEs Through Danantara
- Indonesia Capital Strategy: From Budget Manager to Capital ArchitectOpening Thesis: Budgeting is Not Strategy Einstein once said, “Insanity is doing the same thing over and over again and expecting different results.” That is exactly what Indonesia has… Read more: Indonesia Capital Strategy: From Budget Manager to Capital Architect
- Capital Over Compliance: Understanding the Architecture Behind Danantara1. Introduction: Fiscal Discipline is Sovereignty — A Geopolitical Wake-Up Call Fiscal discipline is far more than just prudent financial management — it is an assertion of national sovereignty.… Read more: Capital Over Compliance: Understanding the Architecture Behind Danantara
- Danantara: The Power Play That 99.99% of People MissIntroduction: The Wrong Conversation Since its announcement, Danantara has faced widespread criticism. The mainstream narrative mistakenly revolves around: Yet all these points miss the true essence. Danantara isn’t primarily… Read more: Danantara: The Power Play That 99.99% of People Miss