Dear Friend,

Every so often, I write a letter like this, and I can’t shake the weight of urgency for what’s ahead.

In just a few days, I’ll be sharing a very important announcement—an opportunity that hasn’t been available to the public for over two years.

You’ve likely seen me write extensively about cycles: Neil Howe’s Fourth Turning, Peter Turchin’s insights on elite overproduction, Ray Dalio’s economic frameworks, and my own work on the end of the debt supercycle.

Together, these ideas—all converging in the months and years ahead—shout radical and imminent transformation and upheaval.

History is full of periods of crises that forced society to adapt, innovate, and rebuild stronger.

The post-World War II transition offers one of the most striking examples.

Between 1944 and 1947, government spending dropped by 75%, yet the private economy didn’t collapse. It thrived.

Economists at the time feared the worst, but instead, we witnessed one of the largest periods of economic growth in US history.

For many, it was a painful and tumultuous time, marked by loss and uncertainty.

But for a select few, it was a time of extraordinary opportunity.

Today, we’re staring down the barrel of another crisis—an accelerating debt spiral, systemic instability, and eroding wealth.

That’s why tomorrow morning, I’m going to share how you can join me and other industry giants—navigating the storm ahead together through my exclusive, invitation-only community, Alpha Society.

Because now, after two years of being closed, Alpha Society is reopening its doors.

We’re building the clarity, strategies, and network necessary to not only survive what’s coming, but to position ourselves on the right side of change—emerging stronger amidst the chaos.

You’re invited. The time to prepare isn’t next year or next quarter—it’s now.

Be on the lookout for an email from me tomorrow morning with the subject line “Will DOGE Tame—or Ignite—the Debt Crisis?”.

The link to your invitation will be inside.

Your preparing for what’s next analyst,

John Mauldin
Co-Founder

P.S. Between now and tomorrow, take a moment to reflect on this: How did you navigate the last major crisis—with your investments, your strategies, and the decisions that shaped your future?

What worked? What didn’t? And what might you need to better prepare for the next one?

Most important, who would you want in your trusted circle by your side next time around?

I’ll have more to share soon. Keep an eye on your inbox.