Geopolitics is rewriting the rules for commercial real estate investors. Can understanding history’s patterns be the key to figuring out what’s coming next?Who better to answer the question than Chair of War Studies at the U.S. Army War College, Michael Neiberg, who uses his expertise of Europe and the U.S. from 1914-1945 to offer valuable insights into today’s global challenges by drawing parallels with the early 20th century.“What we're dealing with now is not the same as other time periods,” Neiberg explains when discussing some of the economic parallels of the 1930s, which can “lead you down some pretty terrifying places, if you let them.” Instead, Neiberg shares some comforting news: “We are in some ways reverting to the norm.”This episode of the AFIRE podcast helps investors and strategists rethink their approaches amid a world that’s far less predictable than it once was.The views expressed are those of the author and do not necessarily reflect the official policy or position of the Department of the Army, Department of Defense, or the U.S. Government. LINKSTake the AFIRE H2 2025 investor survey www.afire.org/survey/h22025invite/Register for the AFIRE Annual Member Meeting www.afire.org/events/amm25/Watch the AFIRE POV series of investor interviews www.youtube.com/playlist?list=PLO…DHeg562A8-HQrxi8oRead the latest articles from Summit Journal Issue #18 www.afire.org/summit/Access the episode webpage featuring links to audio-only platforms here:www.afire.org/podcast/202512cast/KEY MOMENTS