The Off-Balance Sheet World

There is a powerful economic trend that unites many seemingly disparate phenomena:

·      The Rise of Private Mercenaries: Wagner and Constellis

·      The Rise of Outsourced Virology Research: Metabiota/EcoHealth Alliance/Global Genome Project

·      The Rise of Private Satellite and Space Companies: Starlink, Space X and the “LEO economy”

·      The Histo…