Global Economic Growth Is Collapsing (Here's Why) || Peter Zeihan

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  • Опубликовано: 30 апр 2023
  • When the International Monetary Fund (IMF) releases its least optimistic report in the last 50 years, alarm bells should go off for everyone. IMF's projected global economic growth for the next year is 2.8%, and for the next five years is only 3%. The scariest part is that these numbers are likely overly optimistic.
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    #economics #economy #china #imf

Комментарии • 1,6 тыс.

  • @testboga5991
    @testboga5991 Год назад +963

    At least Peter is keeping the travel industry alive all by himself

    • @davidclemens1578
      @davidclemens1578 Год назад +23

      ​​@Russo Zelinsky 60 years ago you would have been correct with that analysis. Back then everyone thought we would run out of oil and have mass populations of starvation. Since then we have found out that our technology just in the US has almost been able to feed the world population. And as far as energy goes we have found ways to not only extract more oil in natural gas but also ways to discover that many of these oil fields that we thought were dried up have the ability to replenish themselves. People think that we can go carbon-neutral which is impossible because everything on this planet is carbon based. And CO2 is actually less than a half a percent of the atmosphere enough that we contribute less than 4% of that. So these discoveries thrown in with the fact that human-caused carbon emissions will not cause the planet to be destroyed. That is the excuse everyone has had for claiming that we are overpopulated. Now Peter has just shown data that our population is actually in a decline. If you watch the video you can see the negative effects of that. He has many other videos that show his reasoning why many other countries such as China are going to have significant population decreases in the next 30 years.

    • @Greenberet.
      @Greenberet. Год назад +1

      LOL

    • @pinguman13
      @pinguman13 Год назад +19

      Peter next week: hello from the moon!

    • @jaz4742
      @jaz4742 Год назад

      ​@russozelinskycapitalists are the ones pushing everything to the brink for more money

    • @jsnel9185
      @jsnel9185 Год назад +13

      Half of the reason I watch is to see where he is today. It's like global wheres Waldo.

  • @Raymondjohn2
    @Raymondjohn2 Год назад +592

    Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

    • @bob.weaver72
      @bob.weaver72 Год назад +3

      My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

    • @lipglosskitten2610
      @lipglosskitten2610 Год назад +2

      It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance

    • @kenanporubsky2122
      @kenanporubsky2122 Год назад +2

      Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns

    • @sherry_smith_penson
      @sherry_smith_penson Год назад +2

      That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

    • @sherry_smith_penson
      @sherry_smith_penson Год назад +2

      @@kenanporubsky2122 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @alexyoung3126
    @alexyoung3126 Год назад +506

    Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.

    • @kimyoung8414
      @kimyoung8414 Год назад +4

      Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.

    • @joesphcu8975
      @joesphcu8975 Год назад +1

      Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

    • @stephaniestella213
      @stephaniestella213 Год назад +2

      I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.

    • @holdencolfield6676
      @holdencolfield6676 Год назад

      you people talk like paid actors in a goddamn mutual life infomercial. almost worse than those folk that come out of the woodwork whenever someone does a jesus video

    • @colm9419
      @colm9419 11 месяцев назад

      Is aerial acrobatics where you learned to suck yourself off?

  • @robertpesche
    @robertpesche Год назад +239

    You're like a doctor who smiles and acts all friendly while telling the patient he has two weeks to live! 😂

    • @AmericanPOVshow
      @AmericanPOVshow Год назад +3

      Don’t worry. It’s how he gets clicks. He doesn’t even know what a baby boomer is. They are dying off now, and started retiring 15 years ago. Clueless!

    • @briley8288
      @briley8288 Год назад

      He makes a living hiking all over the world while making 6 min videos.

    • @davidclemens1578
      @davidclemens1578 Год назад +18

      ​​​@@AmericanPOVshow Peter has multiple videos on how he comes up with his analysis. Just by watching those videos you can see that he does his research. And I have noticed he has no political side when it comes to just stating his reasons based on his research. With the internet it is not hard to verify his data through looking at populations looking at history how it has affected decisions countries have made. He makes these decisions based on past history patterns of countries and populations. He is also stated in a few videos that if the data changes he will change his prediction. Which is normally what any researcher will do. Except maybe the climate change fanatics.

    • @slimjimnyc270
      @slimjimnyc270 Год назад +7

      @shaunk78. Zeihan said the LAST of the boomers started retiring last year. The post-war baby boom occurred between 1946 and 1964, which is an big 18-year range. A retired (60-ish) boomer who don't feel quite dead yet ;-)

    • @jeanlloydbradberry9099
      @jeanlloydbradberry9099 Год назад +2

      @@slimjimnyc270 So, people born AFTER the Korean War baby bust are BOOMERS? NOT REALLY, since the term Gen X was originated to describe people in their adolescence in the mid-to- late 1950's and the baby BUST was well underway by 1960. 🤣

  • @crapton9002
    @crapton9002 Год назад +206

    Rarely do we get told we are totally screwed in such a informative and compelling way. Ponzi schemes always end ugly.

    • @ffarmchicken
      @ffarmchicken Год назад +11

      And they collapse like a card house. Fast.

    • @bullfrog5037
      @bullfrog5037 Год назад +19

      He specifically said not everywhere is screwed. He's is very optimistic about continued growth in America, Mexico, Vietnam, Columbia, etc. About everywhere else though, not so much.

    • @singesinge23
      @singesinge23 Год назад +8

      Lol, you haven't met enough environmentalist😅!

    • @lionelmessisburner7393
      @lionelmessisburner7393 Год назад +8

      @@bullfrog5037 he also is high on Scandinavian countries, france. And some other regions. Although I doubt things are as bad as he says and he provides zero solutions

    • @campfireeverything
      @campfireeverything Год назад +8

      @@lionelmessisburner7393 In the books there are solutions. And actually, in the videos too there are plenty. Look at the ones about the US states for examples that are more obvious.

  • @stage1greg
    @stage1greg Год назад +92

    peter tells you in six minutes what the news can't tell you in two decades.

    • @junkscience6397
      @junkscience6397 Год назад

      Why would "the news", all of which is either controlled by multi-national businesses, or controlled by governments, tell you anything of value? What's in it for them? Best to keep you looking, angry if possible, for a scapegoat to your troubles....

  • @Katoshi_Takagumi
    @Katoshi_Takagumi Год назад +26

    I was running low on doom and gloom and there came Peter to the rescue, cheers!

    • @Brad-99
      @Brad-99 Год назад +1

      You watch Canadian prepper too lol
      He always comes through with the doom and gloom haha

    • @rmb_dev
      @rmb_dev Год назад +2

      @@Brad-99 his vids is a click-bait bs... every day - is doomsday

    • @Brad-99
      @Brad-99 Год назад

      @@rmb_dev ya I'm getting turned off by it .
      Doom =subs =sales =$$$$

    • @judewarner1536
      @judewarner1536 3 месяца назад

      For smarter people, Peter's information gives signposts to future wealth. Only the terminally dumb focus on the downsides.

  • @janedaniel4646
    @janedaniel4646 Год назад +603

    I'm not even kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I try to focus on the long term.

    • @GrahamCan
      @GrahamCan Год назад

      I cannot focus on the long run when I should be retiring in 4years, you see l've got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/ unstable market doesn't provide any calculated risk opportunities to make profit?

    • @wilsonkrusk8652
      @wilsonkrusk8652 Год назад

      There are tons of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

    • @sethhutch9012
      @sethhutch9012 Год назад +1

      Olivia Maria Lucas? great guy never met him

    • @judethree4405
      @judethree4405 Год назад +7

      @eminentcasper2034your scam attempt is not impressive.

    • @michaelmbutler
      @michaelmbutler Год назад +3

      Unwanted commercial content reported

  • @oscarparedes4033
    @oscarparedes4033 Год назад +40

    Anyway, let’s not forget that Al Bundy scored 4 touchdowns against Spare Tyre Jackson.

  • @bjkjoseph
    @bjkjoseph Год назад +249

    I have been hearing the horror stories about Japan’s economy for the last 20 years but if you’re a Japanese living in Japan, it’s not so bad it’s actually pretty good

    • @heatleynoble
      @heatleynoble Год назад +31

      Love to hear an interview of a Japanese person talking about how it actually affects them.

    • @LRRPFco52
      @LRRPFco52 Год назад +19

      They've been in recession for how many decades now?

    • @buggsmcgee9270
      @buggsmcgee9270 Год назад +27

      @@LRRPFco52 Life goes on...

    • @aygwm
      @aygwm Год назад +81

      Japanese have nearly stopped reproducing, kind of like pandas

    • @LRRPFco52
      @LRRPFco52 Год назад +28

      @@aygwm They’ve been in demographic winter for a while now. People who get married often don’t have any relatives. No parents, aunts and uncles, no cousins, no grandparents, nothing.

  • @TenOrbital
    @TenOrbital Год назад +4

    Peter reporting from Narnia.

  • @leonarodwell
    @leonarodwell Год назад +540

    Today's inflation is a result of corporate avarice, not only problems with the supply chain. We know that the money obtained by the higher prices isn't being transmitted along the supply chain since businesses are reporting record profits. More pricing result in increased revenue for businesses, which stays with them and goes into their pockets. We can rule out supply-related inflation because of this. If your stocks are extremely weak, now is an excellent opportunity to take a battered 401k and convert it to a Roth. Then, your Roth will be tax-free, and you will just have to pay taxes on the substantially reduced current values.

    • @jetkastrokdova
      @jetkastrokdova Год назад +2

      Precisely! The current scenario should be our primary concern; many people are making millions from the downturn in the market, but this kind of information isn't reported in the press

    • @MarthaDavis-fh6cw
      @MarthaDavis-fh6cw Год назад +1

      @@jetkastrokdova Well, the best professionals have access to exclusive data and information that is not made available to the general public. Knowing the tactics to employ at this time is one thing; having the knowledge necessary to put them into successful practice is quite another.

    • @lindholmlille
      @lindholmlille Год назад +1

      @@MarthaDavis-fh6cw %Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

    • @Gracej34
      @Gracej34 Год назад +1

      @@lindholmlille Mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.

    • @lindholmlille
      @lindholmlille Год назад +5

      @@Gracej34 _She is ROSEMARIE AGATHA ALLORA my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.

  • @susanadams-wauro6716
    @susanadams-wauro6716 Год назад +2

    Great summations. Thanks for keeping us informed!

  • @nopenope7777
    @nopenope7777 Год назад +17

    I enjoy that Zeihan usually tells the worst case scenarios. That allows us to prepare for the worst and hopefully something less happens. He is the kind of guy you want in your end of the world team. 🤣

    • @FakeAssHandsomeMcGee_
      @FakeAssHandsomeMcGee_ 10 месяцев назад

      Lmao. He does seem like the dude that causes your survivability to increase just by being on his team.

  • @marcorocci-ct7kw
    @marcorocci-ct7kw Год назад +149

    Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $280,000 savings to turn to dust

    • @KingDavid-jj7tk
      @KingDavid-jj7tk Год назад +2

      @thelastunicorn1987 Absolutely, Fiduciary-counselor have exclusive information and data paths that are not disclosed to the public.. I've made north of $260k in raw profits from just Q3 of 2022 under the guidance of my Fiduciary-counselor “STACIE KRISTAL WEBER”. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out

    • @geraldantonio3160
      @geraldantonio3160 Год назад +1

      @@KingDavid-jj7tk Exactly how can I get in touch with Stacie, what are her services, is she verifiable, do you think she can help me, I live in Canada..

    • @KingDavid-jj7tk
      @KingDavid-jj7tk Год назад +2

      @@geraldantonio3160 You can easily look her up, she has years of financial market experience

    • @geraldantonio3160
      @geraldantonio3160 Год назад +1

      @@KingDavid-jj7tk I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials,so thank you for sharing. I scheduled a phone call with her.

    • @CanVultus
      @CanVultus Год назад

      From the dust you came to the dust you will return. You will lie down face first in Sheol and all your gold will rust.

  • @jamesbell7220
    @jamesbell7220 Год назад +1

    Wow! Such an illuminating perspective.

  • @rhinoskin7550
    @rhinoskin7550 Год назад +6

    Good morning Peter ❤ have a good day!

  • @TheBlackToedOne
    @TheBlackToedOne Год назад +72

    Truly appreciate your videos. A true analyst who goes beyond what they see to the next level of "so what" of connecting the dots. It's refreshing to hear someone who can look at the macro on the current world stage and regurgitate it back out in layman's terms so the rest of us can understand it.
    BTW: Fellow Coloradan here. Winter is indeed in no rush to move on this year, is it?

    • @marclski8052
      @marclski8052 Год назад

      Not an analyst , this guy is a CIA propagandist.

    • @linmal2242
      @linmal2242 Год назад

      Just laid back and pleasant here in AUS

  • @williamfoley5687
    @williamfoley5687 Год назад +1

    Thanks for your info

  • @shettlock
    @shettlock Год назад +130

    Peter we really need you to talk about the saudi-iran deal that came out of nowhere. personally think its a nominal deal for both countries to give China international recognition it so desperately wants in exchange for future trade. Hard to imagine this lasting regardless of intentions

    • @visitante-pc5zc
      @visitante-pc5zc Год назад +13

      It won't

    • @dystopiandream7134
      @dystopiandream7134 Год назад +13

      It's already breaking down.

    • @giovanni-ed7zq
      @giovanni-ed7zq Год назад +15

      it was an agreement in principle but iran wants saudi to pay for everything and the saudi dont want to. so it lasts for a few months till the deal falls apart

    • @QuizmasterLaw
      @QuizmasterLaw Год назад

      ir didn't come out of nowhere.
      ...you want the list of Chinese people?

    • @moritamikamikara3879
      @moritamikamikara3879 Год назад +19

      @@QuizmasterLaw Yes please, give me a list of all Chinese people XD

  • @bircruz555
    @bircruz555 Год назад +10

    Good way of presenting information. Straight to the point, emphatic, data-based, clear, and no fluff.

  • @321novrain
    @321novrain Год назад +2

    Great talk ! Thanks. OUTSTANDING scenery !!!

    • @SuperCulverin
      @SuperCulverin Год назад

      He is on an indoor set, standing in front of a green screen. If he was actually outside in the cold, we would be able to see his breath when he speaks and breathes.
      He doesn't spend any enegery on practical effects, and it completely destroys the illusion.

  • @JaphetEls
    @JaphetEls Год назад

    What a joyful bit of news first thing in the morn! Cheers Peetah!

  • @happychappy7115
    @happychappy7115 Год назад +5

    "And a Germany that goes down the tubes..". That didnt go so well last time.

    • @tunahxushi4669
      @tunahxushi4669 Год назад +1

      Germany's biggest and best buddies are the Kremlin and CCP China. Both have concentration camps and new Gulag's in the forests and hinterlands as of right now. Since China has concentration camps Germany gets a feeling of nostalgia, then wishes to build a win-win relationship built on mutual respect.

    • @likearollingstone007
      @likearollingstone007 Год назад

      @@tunahxushi4669are you ok ?

  • @thedadoftown1774
    @thedadoftown1774 Год назад +3

    Lmao at "cars and condos". Me and my fellow mellenial friends' incomes are all eaten up by the cost of living.

  • @chevypreps6417
    @chevypreps6417 Год назад +1

    I agree with your assessments.

  • @oibal60
    @oibal60 Год назад

    Thanks again.

  • @Kenneth_James
    @Kenneth_James Год назад +22

    Ray of sunshine as always Pete

  • @metrx330
    @metrx330 Год назад +15

    The IMF consistently underestimates UK growth. It's really weird.

    • @swankydanky8025
      @swankydanky8025 Год назад +5

      Would you have any hopes for a country that broke ties with its biggest and closest export market, can't sign any free-trade-agreements (not with US, not with India, not with Canada) and is currently led by a man who wasn't even elected with a proper mandate from the citizens?

    • @colcot50
      @colcot50 Год назад +1

      @@swankydanky8025 They've got it wrong for 20 years, only once in 2016 were they close.

    • @metrx330
      @metrx330 Год назад +2

      @@swankydanky8025 Doesn't explain why they keep getting the UK wrong, even if I did agree with your opinion.

    • @LittleLordFancyLad
      @LittleLordFancyLad Год назад

      Accidentally on purpose.

  • @colleendavis7181
    @colleendavis7181 Год назад

    Thanks for the information! Your beard and the snow would make a great Christmas card too.

  • @exploringtheworld1437
    @exploringtheworld1437 Год назад +1

    Good analysis!

  • @staylongo
    @staylongo Год назад +2

    The where’s Waldo of geo politics. Thank you for concisely explaining our world.

  • @Smokey_da_Bear
    @Smokey_da_Bear Год назад +8

    Two points, Mr. Peter:
    1) You state that the IMF helps developing countries "get out of trouble" - it's been the observations of many that it gets them into trouble.
    2) 40 years from now, there are only two ways that there will be economic growth, one if a new, cheap, and plentiful energy source is available, or if humanity is rebuilding from a staggering collapse.

    • @bogdandanailescu
      @bogdandanailescu Год назад

      He is the "alternative arm" of the mainstream media/establishment, just a false alternative...

  • @waukonstandard
    @waukonstandard Год назад +1

    Very interesting analysis

  • @marycollins8215
    @marycollins8215 Год назад

    Thank you.

  • @DiscreteMustelid
    @DiscreteMustelid Год назад +17

    Every time I hear Peter talk about demographic decline here in the state, I think of all the women I know in my generation who talk about not wanting children and loving their cats.

    • @cathjj840
      @cathjj840 Год назад +5

      And I think about the sorry state of men who've checked out en masse. They don't even have cats, poor guys.

    • @billyunair
      @billyunair Год назад +1

      All part of the Hegelian Dialectic control structure.

    • @DiscreteMustelid
      @DiscreteMustelid Год назад

      @@cathjj840 Yeah, our society has definitely forgotten itself the last couple of decades for sure

    • @TheGoldenFluff
      @TheGoldenFluff Год назад

      having children in this time & age would be KRAY KRAY. there's no future for them!

    • @DiscreteMustelid
      @DiscreteMustelid Год назад +5

      @@TheGoldenFluff I have three kids. There isn’t a future if you’ve resigned yourself to inaction. Being a parent is finding it in you to cast aside your apathy and work to build a future for your children.
      As a millennial, I have to say, having the lowest birth rate of any generation in American history has only furthered our own resignations with constructive political discourse. We’ve abandoned our democracy to vultures and zealots on both the left and right.
      The pragmatic need to find it in them to take interest. Otherwise we are going to fail as a nation. Have a kid, and you’ll understand the urgency in working to rebuild society instead of giving up on it.
      The childless are doubly selfish. Why care about the future when you’ve removed yourself from consequence?

  • @Mav0585
    @Mav0585 Год назад +2

    Need longer videos! 😀

  • @neilkentish4328
    @neilkentish4328 Год назад +1

    Never mind, I just saw your video form 3 months ago, thanks!

  • @alexanderclaylavin
    @alexanderclaylavin Год назад +1

    Peter your intel has me at peak smug whenever I see the bewildered headlines

  • @StuartConsulting
    @StuartConsulting Год назад +8

    Love your work, I’ve spent too much time praising others, you don’t need this but legends should be endorsed too.

  • @user-el3jr9he7c
    @user-el3jr9he7c Год назад +3

    Hey, thanks for cheering me up again, bud 😂

  • @davewebb261
    @davewebb261 Год назад +2

    low growth rates will lead to more supply chain disruptions. The countries that can support themselves like America will muddle through the next 40 years but many industrial counties lack that ability I am reminded of the proverb “a chain is only as strong as its weakest link,”

  • @7kyro
    @7kyro 9 месяцев назад

    Do more videos in the snow. It makes the sound quality go up by a LOT

  • @dansullivan6481
    @dansullivan6481 Год назад +15

    Peter is one of a kind 😎
    I love listening to his videos
    Not much I can do except sit in my rocking chair and watch the show

  • @vgernyc
    @vgernyc Год назад +7

    The IMF's positive growth number is still optimistic. There's supposed to be an incoming economic recession starting any day now. Some indicators have already started to flash red. China's seaports have largely gone idle lately with any factory closures, not to mention the housing bubble there bursting and some banks performing bail-ins on some of the populace.

  • @rickyrizzo7350
    @rickyrizzo7350 Год назад

    Peter I watch all your videos thxs,

  • @stevenjohnston7809
    @stevenjohnston7809 Год назад

    Good video.

  • @aclearlight
    @aclearlight Год назад +85

    I'm always impressed by how enthusiastic and upbeat you manage to sound even has the data you interpret for us bring ghastly-ish near- and mid- term implications for massive groups of people. Thank you, I guess? It certainly is an impressive skill. I once had a boss who could tell you to go to Hell in a way that made you look forward to the trip...it was equal parts manipulation and empowerment but overall experienced as compassionate and kind.

    • @BuddyLee23
      @BuddyLee23 Год назад +18

      Well for starters he lives in the US, which he predicted to fair pretty well. If he lived in China, that would be a different story. Plus, he is like internationally recognized now and more successful then he has ever been. How could you not be upbeat to do the job you love and be well recognized and successful at it?

    • @marclski8052
      @marclski8052 Год назад

      Its all propaganda see right through this cnn cia bullshido!

    • @ericantone8709
      @ericantone8709 Год назад +6

      Also, I dont believe he has any dependents, so he can enjoy life now for himself while he lives it. More power to him.

    • @mmercier0921
      @mmercier0921 Год назад +1

      he is a friendly cia/wef spokespig.

    • @russellensslin6870
      @russellensslin6870 Год назад +1

      He is Machiavelli 2.0

  • @lifeisshort921
    @lifeisshort921 Год назад +14

    You're discounting one thing Peter: migration of people from developing to developed

    • @chrischris9157
      @chrischris9157 Год назад +1

      The migrants that American tends to take in are impoverished and low skill, thus further draining resources provided by the shrinking taxpayer base

    • @ivancho5854
      @ivancho5854 Год назад

      In a major economic downturn, like I expect to happen for the next 5 to 10 years, immigration to the first world will almost stop. Jobs will be scarce and populations will not tolerate it.
      After that yes, maybe immigration will resume, but I wouldn't be surprised if an anti immigration mindset were to continue.

    • @BillyBob-fd5ht
      @BillyBob-fd5ht Год назад +1

      To the rich it is cheap labor, to the politician it is a way to get votes. To the immigrant, it is survival. Mostly leaving a corrupt nation that the CIA built to keep communism out. No regards to human life only themselves. China is going down this road. Easier to get what you want with corrupt leader, the non-corrupt they leave alone.

    • @falcor200
      @falcor200 Год назад +4

      It's increasing the downfall not helping it

    • @lifeisshort921
      @lifeisshort921 Год назад +1

      @@falcor200 elaborate please

  • @rolandparks4318
    @rolandparks4318 Год назад

    very good. !!!

  • @j.s.c.4355
    @j.s.c.4355 Год назад

    Peter, what do you think of the Limits to Growth? Your predictions mesh with their extremely well.

  • @robertedwards3822
    @robertedwards3822 Год назад +4

    This is such an excellent summary of the world macro economics situation. I wish I was younger just so I could watch this happen.

    • @tomhgriff1
      @tomhgriff1 Год назад

      In a way i wish i was older so I didnt have to

    • @jasmeenmalhotra2225
      @jasmeenmalhotra2225 Год назад

      Age is just a number you guys. Hang in there Bob you’ll be telling these stories in 40 years.

  • @jimmyolsenblues
    @jimmyolsenblues Год назад +5

    Love your stuff

  • @markrussell4682
    @markrussell4682 Год назад +1

    Yep. I'm 61 and all I buy is gasoline and food. But, I've always thought endless (mindless) growth was foolish.

  • @gr8momba
    @gr8momba Год назад +1

    Wow, well said. 👏

    • @marclski8052
      @marclski8052 Год назад

      Yep great propaganda from the CIA AI system keep sheeping!

  • @mviking39
    @mviking39 Год назад +3

    F me, looks like a 2 Zoloft day.

  • @Mr.Mystery
    @Mr.Mystery Год назад +11

    Peter posting at ungodly hours from surreal locations. What does this mean...

    • @Captyvate
      @Captyvate Год назад +2

      Great hours for Aussies 😁

    • @shmokoguwop4819
      @shmokoguwop4819 Год назад +1

      Rejectionism

    • @ve2jgs
      @ve2jgs Год назад

      The end of the world as we know it is nigh. (repeat)

    • @brtecson
      @brtecson Год назад

      His criticism of AI was just a smokescreen, and we're watching an AI Peter Zeihan. He's still in New Zealand enjoying wine and cheese until we catch on

  • @branscombe_
    @branscombe_ Год назад

    how is your mic on middle of no where work better than when you’re in the office lol

  • @grassrunner7983
    @grassrunner7983 Год назад

    Let's go Peter!

  • @lilbroomstick7914
    @lilbroomstick7914 Год назад +4

    Happy for everone in assets having this relief rally in 2023, good time to build a plan and take some profits and risk off the table

  • @zberteoc
    @zberteoc Год назад +4

    Mr Zeihan, since I discovered you I watch every video and I consider that you are very sound in your arguments, not that I am in any way versed in the matters of global strategy, I simply follow them. Having said that, I would like to see a video that explains to novices like us why the lower growth rates, or even stagnation, is a bad think! I keep hearing everywhere that low grow rates are bad but my common sense tells me that at some point they HAVE to stop. Growth until when? Until Earth looks like that planet from Star Wars that the only piece of actual land you can see is the peak of the tallest mountain, population of 1 trillion? And if you say that population growth is in many places negative isn't a slow down the growth rate a normal and expected thing? Growth in my personal view makes sense only if population grows, which in itself is not a very good thing. So why we keep use this growth rate as the Holy Grail of the economy? Isn't economy supposed to give us what we just need and not what we want regardless if we need it or not? Can you start a series of videos with a theme like Macro Economics for Dummies? Thank you!

  • @bottle1211
    @bottle1211 Год назад

    That was uplifting

  • @behanflaherty9460
    @behanflaherty9460 Год назад

    Hey Peter, always great. Can you please do an analysis on Australia

  • @zachhessler8722
    @zachhessler8722 Год назад +19

    When you talk about decreasing work force in 1st world, I didn't hear you mention how a sizable portion of the workforce can and will be replaced by robotics or AI analyses, for example. Might that make up for a significant amount of the slack?

    • @ManiusCuriusDenatus
      @ManiusCuriusDenatus Год назад +31

      In an earlier video he said it could help, but AI and Robots don't consume anythinh so it is only one side of the equation.

    • @marktucker8896
      @marktucker8896 Год назад +17

      Robotics may help with getting more done with fewer people, but robots are not consumers. China is investing massively in automation, but in a world were the population is no longer growing, demand for its products will in the long run come down, there is nothing China can do about that. That is Peter's point in a nutshell.
      Automaton will help in the short term, as the short term issue is a shortage of workers to run the factories, but it does not solve the long term issue of not enough consumers as the older generations that have powered growth for half a century age out.

    • @efrainmelendez6219
      @efrainmelendez6219 Год назад +14

      In his books Peter talks about this. Both AI and robotics can help. BUT...they cost a lot of money. The retirement of the Boomers has taken their money of the table. The low interest rates are gone. Funding these expensive capital investments will be more difficult.

    • @jordanwutkee2548
      @jordanwutkee2548 Год назад +4

      @@marktucker8896 If anything, the increase in worker productivity caused by these tools will flood markets with products that there is less demand for and completely crash their prices. The upshot is that soon hiring a lawyer, an accountant, or any other white-collar professional services provider will cost pennies on the dollar it historically would, meaning that even the poorest people in society would have access to services traditionally enjoyed by the wealthy, so that could be where the new market equilibrium shakes out. Likewise, the more we automate heavy manufacturing, the more affordable those consumer products could get. I’m kinda hoping housing construction can get in on that trend, too. More modular and 3d-printed stuff using materials more efficiently… could solve a lot of problems all over the world, if we can just get the right balance of cost/price.

    • @tunahxushi4669
      @tunahxushi4669 Год назад +4

      I agree with you completely, a lot of these people regurgitate with Peter says without careful examination of a few important facts. One of them is that the smaller population size a stable country like Japan has the better advanced robotics and artificial intelligence will start doing literally everything in that society. In countries where they citizens are still having five+ kids it's going to be a real mess. At some point in the US and Europe is not going to need more people. And they won't want more humans because of all the benefits and social payments to the society will be a huge burden.

  • @Dannyboyjr
    @Dannyboyjr Год назад +4

    you give me so much hope peter! Thank you for your optimism!

  • @noahbrown1573
    @noahbrown1573 Год назад

    Would like to hear another update on BRICS when you can.

  • @PapaT79
    @PapaT79 Год назад

    I always love that cheery delivery. 🤣🥰

  • @Silver_Something
    @Silver_Something Год назад +6

    There isn’t a lack of people in the workforce, there are just too many people in media and making a good salary being a RUclips and TikTok personality rather than actually producing something tangible

  • @antixocialman
    @antixocialman Год назад +5

    Peter you are very intelligent. I always think you are speaking truth. I cross reference everything you say with the other channels i work with and get the same answer most of the times. I also realize the global economy is breaking into cliques of friend-shoring.

    • @godschild6694
      @godschild6694 Год назад +1

      which channels do you recommend?

    • @antixocialman
      @antixocialman Год назад

      @@godschild6694 china update is one of the best

  • @michalgrzywaczewski5194
    @michalgrzywaczewski5194 Год назад

    Peter, pls provide economic forecast for Central Eastern Europe

  • @claytonslade2366
    @claytonslade2366 Год назад

    Inverse Cramer here. Thanks for the tip. Time to go long!

  • @amraceway
    @amraceway Год назад +8

    The endless growth saga had to end sometime. It should be cause for celebration not despair.

    • @tunahxushi4669
      @tunahxushi4669 Год назад +1

      Why in the hell does nobody mention this? When does it end? Growth and more breeding forever? When there's 15 billion people and no fish, no forests, no nothing what then? I read an article about Genghis Khan being the greatest environmentalist on record. Apparently his slaughtered 20 to 30% of the entire population in Asia. Because of that the forest ecosystems and flora and fauna all flourished for a long time afterwards, it was a glorious respite. So I'm not sure why so few people are thinking clearly about the fact that there's going to be a massive crash someday. They won't be thinking about their portfolios they'll be thinking about how 80% of the population is going to starve or be embroiled in warfare. This whole thing is unsustainable.

  • @johnking9942
    @johnking9942 Год назад +4

    Peter.. Thanks for making this video. You need to include how energy plays into this. The effort to raise the standard of living in un developed countries will require a huge expansion of fossil fuels. This type of energy expansion is punitive. This is why western nations will see a reduced standard of living . This is why the international benchmark for pricing energy is switching from Brent to WTI in June. The Northern Slope is tapped out and new production is cost prohibitive. The IMF's numbers are definitely optimistic. It is my hope they can keep things out of the red. Consumer economies need to be pyramid shaped bottom to top with 0 years old at the bottom and 80 years old at the top population wise. All developed economies suffer the same decline in birth rates as they become affluent. All developed economies have a diamond shaped population/age profile. You cant grow consumers over night. It takes 30 years so you have to raise up un developed nations into instant consumers. Production is not possible without energy.

  • @joedennehy386
    @joedennehy386 Год назад +1

    As a Kiwi ( long way from our markets, slower growth is not necessarily bad news, but you have answered why no one can get any workers. For which I thank you

  • @top6ear
    @top6ear Год назад

    Love Colorado , specially the area near Aspen and the hot springs.

  • @coyote-wang
    @coyote-wang Год назад +9

    Its worse than you imagine in that we also have this incredible age discrimination in the US economy, so we have millions of people who are over 50 and under 70 who are prematurely pushed into total destitution.

    • @coyote-wang
      @coyote-wang Год назад +1

      Although I think AI and robotics are the wildcard here its possible nearly all production will be at least semi-automated so you could get growth without so many people.

    • @jackmackerel4151
      @jackmackerel4151 Год назад +3

      @@coyote-wang where's demand going to come from though?

    • @coyote-wang
      @coyote-wang Год назад +1

      @Jack Mackerel that's a good point I lost my job due to ai and have simply been destitute since so yes demand gets broken

  • @wanderingfido
    @wanderingfido Год назад +4

    They're not moving the manufacturing back here out of China. Apple is moving their plant to Vietnam.

    • @Anthony-jo7up
      @Anthony-jo7up Год назад +1

      Another communist country that hates us, genius!

    • @CESmith
      @CESmith Год назад +1

      Of course not, manufacturing in the US is too expensive and the chips and raw materials are still in East Asia.

    • @giovanni-ed7zq
      @giovanni-ed7zq Год назад +1

      everyone sees the war coming with china so moving their factories out for dual purpose so they can just ramp up production elsewhere without supply disruptions. you see what happened in russia, companies took huge losses not reading what was gonna happen so they moving out production so they can keep the supply chain going if sanctions put on china. japan already moved most of their factories out of china already.

  • @erikarice6859
    @erikarice6859 Год назад +1

    It must be so refreshing to actually be heard after 30 years

  • @mikedevaney3507
    @mikedevaney3507 Год назад

    Haven't listened to this friendly upbeat guy in a while.....right here we go......

  • @amgis5218
    @amgis5218 Год назад +3

    Number-one channel for geopolitics and macroeconomics. Deep research, deep insights. Thank you.

  • @zacmorgenstern7370
    @zacmorgenstern7370 Год назад +19

    On top of that we are sabotaging our struggling industries with net zero madness...

    • @visitante-pc5zc
      @visitante-pc5zc Год назад

      Socialism is ruining everything

    • @rednose1966
      @rednose1966 Год назад +4

      100% correct

    • @natkingcol909
      @natkingcol909 Год назад

      Yup, that plus general apathy in the developed world. Not good...

  • @augustuslxiii
    @augustuslxiii Год назад +2

    To what extent might emerging technologies alter this forecast? (I'm not just talking about generative - and other - forms of AI, but definitely them, too.)

  • @thomaskauser8978
    @thomaskauser8978 Год назад

    Its a miracle that it's calm.

  • @DrewLove777
    @DrewLove777 Год назад +4

    This is what nobody seems to be talking about. Thank you for the information.

    • @HypeBeast764
      @HypeBeast764 Год назад +1

      Yeah because the corporate owned media doesn't want you questioning the very system they benefit most from, that would be very dangerous for their shareholders.

  • @rtqii
    @rtqii Год назад +9

    This guy keeps coming up in my feed, and I have watched a number of his videos, I finally decided he knows a little about what he is talking about and I subscribed.

    • @dingobabies9824
      @dingobabies9824 Год назад +2

      Hes one of the best Geopolitical Strategists in the world for sure.

    • @jordanwutkee2548
      @jordanwutkee2548 Год назад +3

      He’s published four really accessible books that you should definitely read. They reframed the way I look at the world.

    • @vantage789
      @vantage789 Год назад +2

      @Frook Zimmers USA! USA!

    • @emceeboogieboots1608
      @emceeboogieboots1608 Год назад +2

      @Frook Zimmers So you don't think they are in a good position compared to most other nations?
      Or are you just anti American?
      Can you recommend any other geopolitical expert to have a listen to? More ideas make for a better understanding, providing it is sound analysis

    • @decreasethyself1212
      @decreasethyself1212 Год назад

      @@emceeboogieboots1608 oddly enough we’re getting to a point where the intellectuals that base their opinions without understanding culture or do not have range of other topics seem to be giving a very one dimensional forecast. All data and past trends, no wisdom.

  • @TheFanciestRobot
    @TheFanciestRobot Год назад

    Where in colorado are you? Its 70 down in Colorado Springs lol

  • @castle4610
    @castle4610 Год назад

    Peter- I really appreciate your perspective on such a wide variety of geopolitical issues. I know you don't have a crystal ball, but with your insight I would love to hear what you think the average American can DO about all of this uncertainty and "collapse". I mean, how would you advise us to prepare? Buy gold? Are we talking bunker prepper, or less drastic plans? Thanks

    • @yopyop3241
      @yopyop3241 Год назад +1

      I think Peter would recommend:
      1. Move to Texas or a nearby-to-Texas state,
      2. Find a job with a manufacturing company, preferably one in an energy-intensive industry, and
      3. Learn Spanish.

  • @AsclepiusIaso
    @AsclepiusIaso Год назад +32

    Unfortunate but this is simply the new reality.

    • @jimluebke3869
      @jimluebke3869 Год назад

      Fortunately, this is not "the new reality". Even more fortunately, the solution involves lots of sex, leading to lots of babies. =)

    • @Jay-eb7ik
      @Jay-eb7ik Год назад +6

      Don't think so, I think ai will rapidly increase productivity and gdp. Just wait a few years.

    • @SkyRiver1
      @SkyRiver1 Год назад +1

      @@Jay-eb7ik Not just AI, but multiple factors could come into play to advance increased affluence. Baring a comet, radical climate change, or nuclear powered madmen.

    • @Jay-eb7ik
      @Jay-eb7ik Год назад

      @@SkyRiver1 Sure, it seems like a lot of high level tech will mature and converge in about 7-10 years: AI, Solar/Wind, Alphafold protein medicines, etc, AR/VR, Robotics, selfdriving cars. Tough times now but the future looks bright!

    • @jimluebke3869
      @jimluebke3869 Год назад

      @@Jay-eb7ik If AI can "increase productivity", it just goes to show how useless the job was in the first place.

  • @Nick-td2ef
    @Nick-td2ef Год назад +6

    IMF - “arguably the best economic forecaster”
    Haha that one made me laugh. They are terrible. Still, they are usually overly optimistic so it’s concerning regardless.

    • @cathjj840
      @cathjj840 Год назад

      Internally, they correctly predict the years-long morass their help imposes on their targets;

    • @DeeJay003
      @DeeJay003 Год назад

      ​@@cathjj840 'Help' lol

  • @shkrosse
    @shkrosse Год назад +1

    My stock portfolio shudders at your wisdom.

  • @tombouie
    @tombouie Год назад

    Thks & I saw big-foot 1st ;)

  • @davemehelas5053
    @davemehelas5053 Год назад +5

    Peter blind spot is the role culture plays in the economic prospects of a nation.

    • @sunnydlight2375
      @sunnydlight2375 Год назад +1

      Yes. Peter -- look at this. This is true. This is 100% your short-coming.

    • @dynamicascension981
      @dynamicascension981 Год назад +1

      how does that change this analyzation?

  • @ZeetyBeety
    @ZeetyBeety Год назад +8

    Peter, I'm curious about where the capital goes when economic growth slows.
    I imagine the baby boomers will have a lot of it in "safe" investments, but as the population stagnates and declines, does the per capita capital increase? Does it get absorbed by other entities?
    I'm also thinking about this in the context of automation replacing jobs in the workforce. It seems like automation is also part of the economic engine, but the earnings aren't spent by the technology itself, rather by its owner.
    I think I heard you say in past videos that the capital isn't going anywhere, so I'm just curious where does it go.

    • @jakeaurod
      @jakeaurod Год назад +3

      Wouldn't it go into riskier investments that promise past levels of performances, and be lost when those investments fail?

    • @Alex-hu5eg
      @Alex-hu5eg Год назад +1

      investors pursuing to preserve the maximum amount of capital while also maintaining liquidity. It goes from riskier->to less riskier assets. (Mostly US dollar)

    • @killaknut
      @killaknut Год назад

      I recommend reading 'The Great Demographic Reversal'

  • @calebtot
    @calebtot Год назад

    Where in Colorado is this? This has to be way high up in the mountains for there to be that much snow. It basically felt like summer when I went to the mountains on Saturday in CO. I have a sunburn on my forehead.

  • @franciscobermejo1779
    @franciscobermejo1779 Год назад +19

    Another week of Peter avoiding the Iran-Saudi deal. Now, that really requires expertise...

    • @emilioalvarez2940
      @emilioalvarez2940 Год назад +2

      If you think that deal will actually last that's hilarious. The middle east is wildly erratic and things can change very quickly

    • @thomasherrin6798
      @thomasherrin6798 Год назад

      I think he's giving it a few months as they might be "at it" again at this time and will see how China does, they both want to be in charge of the Middle East!?!

    • @Withnail1969
      @Withnail1969 Год назад +1

      He also avoids the topic of the West not being able to manufacture enough artillery shells to provide to Ukraine

    • @franciscobermejo1779
      @franciscobermejo1779 Год назад +2

      @@emilioalvarez2940 Many deals don't last, and we still talk about them...

    • @franciscobermejo1779
      @franciscobermejo1779 Год назад +2

      @@donjoe1542 But he has talked about Iran and Saudi Arabia in the past...

  • @LamLawIndy
    @LamLawIndy Год назад +4

    Vietnam is a great growth story. Wonderful, hard-working people. For thousands of years, it's resisted Chinese control while at the same time acknowledged China as a regional hegemon. It's geographic position is excellent with respect to trade.

    • @cathjj840
      @cathjj840 Год назад

      Isn't that where China is primarily delocalizing, and at a faster rate?

    • @wingfat4232
      @wingfat4232 Год назад

      If I was sitting in Vietnam, Cambodia, Laos or perhaps even Thailand, I'd be concerned with China solving it's "Chinese women don't want to have kids" problem by China "absorbing" some of these SE Asian countries to boost their de-population spiral. Can't blame Chinese women for not wanting to have kids, same with Russian women. One marker to determine the desirability of a country's culture is what their desirable women are up to. In the case of China and Russia, websites of Chinese and Russian women looking to get out of their countries are many. How many websites of Western women looking to get into China or Russia are there ???

    • @jpieroni
      @jpieroni Год назад

      Resisted just Chinese control?

  • @PERF5
    @PERF5 Год назад

    What about pension funds (if) in conditions like these for years?

  • @donfizay
    @donfizay Год назад

    Anyone notice how the thumbnail to this video looks exactly like Clark’s album Clarence Park? 😂

  • @neskey
    @neskey Год назад +3

    can't wait for the new season where peter films a video in the middle of Arizona

  • @RK-yu7mp
    @RK-yu7mp Год назад +22

    The IMF helps countries get out of trouble 😂

    • @cathjj840
      @cathjj840 Год назад +9

      The IMF helps countries get locked into deep trouble for decades. There - fixed it for you.

    • @RK-yu7mp
      @RK-yu7mp Год назад +4

      @@cathjj840 Exactly.

    • @Withnail1969
      @Withnail1969 Год назад

      It loots countries.

    • @curie3938
      @curie3938 Год назад +1

      on their terms

    • @AA-ke5cu
      @AA-ke5cu Год назад

      Every country is in trouble; the planet is something else's laboratory. Fools running the show.