* Introduction: 2026, the eve of the economic storm - It's time to shift positions.

PART 1.
The First Storm - The AI ​​Bubble and the End of That Great Illusion
1.
Various indicators warning of a bubble
The AI ​​bubble is already bursting.
95% of Companies Disappointed: MIT Media Lab Report
Silicon Valley's Hidden Danger: Pitchbook Report Part 1
AI Companies Running Out of Cash: Pitchbook Report ②
AI Falls into a Valley of Disillusionment: Gartner Report

2.
Direct abnormal signals seen by NVIDIA
How does a too successful king fall?
The Suspicious Deal Between NVIDIA and OpenAI
The emergence of AI models that use less GPUs
The AI ​​investment market is in turmoil.

3. What the AI ​​bubble will bring about
Will the Dot-Com Bubble Nightmare Return?: A Rapid Collapse Scenario
Can the worst be avoided?: A mild collapse scenario.
How to avoid the first storm

PART 2.
The Second Storm: Europe and China, the Debt Tsunami Awaits
1.
The European crisis begins in France
National Debt: A Time Bomb Hidden in the Liquidity Party
France, Europe's weak link
A crisis spreading across Europe

2.
China's growth engine stalls
Three Traps That Bind China
Trap One: The Deepening Real Estate Crisis and the Beginning of an Asset-Debt Depression
The second trap: a sharp decline in local governments' core revenue sources and fiscal collapse.
The Third Trap: The Dilemma of Paralyzing Growth Engines and Systemic Instability
Is the theory of China's Xi Jinping crisis a fiction?

3.
The tsunami caused by European and Chinese debt
If Europe collapses, America won't be safe either.
China's Demand Cliff: The Final Trigger to Burst the AI ​​Bubble
What are the safe assets to avoid the second storm?

PART 3.
The Third Storm: The Shadow of Recession Hidden Behind Excessive Complacency
1.
2026 through the Minsky lens
A Sense of Security Breeds Instability: Minsky's Financial Instability Hypothesis
Signs of a 2026 Bubble: Minsky's Theory
The rush to junk bonds is a sign of a bubble ending.

2.
Signs of a Recession
The Fed's outlook for 2026 is different than it appears.
Signals of an Imminent Recession ①: Labor Market Indicators
Signals of an Imminent Recession ②: The Price Effect
Signs of an impending recession ③: Corporate sales and profit growth rates
Signs that American household spending power is in trouble

3.
A complex crisis scenario created by three storms
Two scenarios will clash in 2026.
Scenario 1: Normal Bubble, Normal Collapse
The Aftermath of Scenario 1: A Time of Compression and Rebalancing
Scenario 2: Extreme Bubble, Extreme Collapse
The Aftershock of Scenario 2: The Advent of a Complex Crisis
Anti-complaint positioning

PART 4.
Korea, the final destination of a complex crisis
1.
Korea, a powder keg where all storms converge
Triple Exposure: Why Can't Korea Avoid It?
The First Storm and Korea: The Semiconductor Kingdom Takes a Direct Hit from the AI ​​Bubble Burst
The Second Storm and Korea: If China's Economy Collapses, Korea Will Fall First
The Third Storm and Korea: Excessive Complacency, Korea's Minsky Moment

2.
Korean survival scenario
Two futures ahead of us
Korean-style response strategy for survival and advancement

* Leaving remarks: The path of hope - survival comes from preparation, leap comes from insight.

* References

Bubbles burst, debt piles up, and exchange rates fluctuate.
Are your assets safe in 2026?

In 2025, stocks, gold, and Bitcoin are simultaneously hitting record highs every day, raising rosy expectations.
But behind the scenes, several signs are being detected that are making investors uneasy.
The shadow of a bubble lurking behind the dazzling AI revolution, the stagnation of the real economy contrasting with the booming stock market, the pressure of national debt weighing on Europe and China, and the potential for Trump's tariff policies and geopolitical conflicts to ignite the flames at any moment.
Expert predictions for 2026 vary widely, ranging from optimism that stock prices will continue to rise for the foreseeable future to pessimism that a catastrophic bubble burst is imminent. However, they all agree that the current precarious balance could be disrupted at any moment.
Everyone's attention is focused on when that time will come, what the aftermath will be, and how each person should prepare and respond.


This book attempts to predict the complex crises that will be brought about by storms of different nature in 2026.
Chapter 1 delves into the true nature of the AI ​​bubble, drawing on reports from various economic research institutes and Nvidia's trends.
Chapter 2 reveals the true face of the Chinese economy, caught in the three traps of real estate, local government, and growth engines, along with the European crisis that began in France.
Chapter 3 diagnoses bubble signs using Minsky's financial instability hypothesis and sharply analyzes key indicators that signal an economic downturn.
Finally, Chapter 4 forecasts the future Korea will face amidst rapid changes in the global economy and presents specific response strategies to survive and thrive in this crisis.

In 2026, we are entering a maelstrom of unprecedented, complex crises.
The success formulas of the past no longer work.
It is time to read the waves of change and take a new position.
This book, "2026 World Economic Scenario: The AI ​​Bubble Burst and the Great Shift in Investment Strategy," presents insights and strategies to survive and thrive in the coming turbulent times.
Beyond simple predictions, we'll delve into the essence of the crisis based on a wealth of data, clearly demonstrating realistic investment solutions to protect your valuable assets.