Peter noted he only has so much leverage in this post truth world. Those of us who glean so much from you Peter are tremendously grateful for your contributions and encourage you to keep up the fight. You are an inspiration to way more people than you know!
I don't agree with everything Peter says, but I understand that as a consumer of "news" that I have to hear all the sides of the story and come to my own conclusions. Hopefully I'm not alone in this regard. Thanks Peter. Keep doing what you're doing.
This is the way. Peter is clearly smart and on balance probably one of the better sources of geopolitical analysis out there (vs say the ramblings of Elon Musk) but that doesn't mean we should take his word as gospel (ignore his glaring ego).
We are living in an era where the news media has to play to the dumbest of the dumb to generate webclicks. Even though I disagree with him on a few issues, particularly Musk, I'm appreciative of the opportunity to actually consume some thoughtful analysis instead of poo flinging.
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
Peter is a very intutive guy... he stands waaaaaaay way back and sees forests - but there are still plenty of meaningful, anomolous trees that can be missed in that apporach.
Yeah, he made it simplistic, but its a good explanation as to why the USA dollar is still the stalwart of international finance and why Brexit or the Yuan are both non-starters. The Euro was a big competitor when it got started but as he mentioned the E.U. has some policy issues that have rendered it kind of internationally impotent (but still solid) compared to the USA Dollar.
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
@@user-hf2dr7sh4y China is going through an economic slump, so they will be buying less North American products / resources. We will see soon how it affects the American economy..as China becomes more protective of their capital.
@@user-hf2dr7sh4y "while other countries work to exit the dollar as fast and hard as possible" -- As he said in the video, they have no place to go if they want to "exit the dollar." There is no other viable currency to "exit" to as a global medium of exchange. "if our economic growth begins to decline" -- It will decline at some point... for a while; then it will increase again. Then it will decline for a bit, then increase again. This is how the economy works -- and has worked for a very, very long time. There's no particular reason on the horizon to think that it would take a radical turn from that pattern in the foreseeable future. That would seem to leave your question lodged squarely in the Chicken Little category.
(On the topic of global currenty) "And no offense to our Canadian neighbors": none taken, truly. To even be on the list feels like being nominated for some award that you have no chance of ever winning. It’s still an honor to be on the list (and it caught me by surprise) 😀
Wow, not even putting the British pound before the Canadian dollar. Both countries are going through some self-inflicted financial pain issues right now caused by policy decisions in their capitols so I'm guessing they are a "toss-up" as to who is more solvent.
@@crosslink1493Canada is by far more solvent. Massive free trade agreements, oil production, diversified economy. The UK is really stumped. Clearly they had no plan for brexit.
Something I don't agree with. He says the war in Ukraine was something that had to happen because Russia needs to protect secure its eastern flank. That's bs since Russia has nukes. That's why NATO planes aren't bombing Moscow right now. We aren't in the 19th or early 20th century anymore.
Mr. Zeihan I wish to express my heartfelt thanks for your receptiveness to the inquiries and interests of your audience. Your dedication to fostering a professional environment and your commitment to exhaustive research are evident in the quality of your work. The effort you invest in addressing the topics we care about does not go unnoticed, and I am hopeful that your endeavors will continue to prosper. Your series focusing on China has been particularly enlightening, offering a clear-eyed perspective amidst a sea of often contentious discourse. Your ability to navigate these complex waters with poise and insight is commendable. Thank you for your continued dedication to shedding light on such intricate matters. May your journey through the intricate world of geopolitics continue to be marked by success and recognition. I Johnathan Charles Knight sixth generation Canadian. In God we trust and may God keep our lands America and Canada.
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
@@user-hf2dr7sh4y As you see fit to repeat the same inane question as above, I'll go ahead and repeat my response to it. "while other countries work to exit the dollar as fast and hard as possible" -- As he said in the video, they have no place to go if they want to "exit the dollar." There is no other viable currency to "exit" to as a global medium of exchange. "if our economic growth begins to decline" -- It will decline at some point... for a while; then it will increase again. Then it will decline for a bit, then increase again. This is how the economy works -- and has worked for a very, very long time. There's no particular reason on the horizon to think that it would take a radical turn from that pattern in the foreseeable future. That would seem to leave your question lodged squarely in the Chicken Little category.
Peter is not a "news source". He is a very polished and fairly well informed version of "Baghdad Bob". His analysis and insight contain enough truth to come across as plausible, but his conclusions - at least in the short term (read the last three of four years that I have been following him) have missed much more than they have hit. He is a polished shill, selling an agenda (an agenda that I wish was right and hope is more right than wrong). He is always hyperbolic, always boldly confident sounding and always builds in hedges. He moves on quickly when his "predictions" don't pan out and on occassion addresses them to explain why they didn't pan out (presumably after being called out on them).
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
@@user-hf2dr7sh4y (sigh...) "while other countries work to exit the dollar as fast and hard as possible" -- As he said in the video, they have no place to go if they want to "exit the dollar." There is no other viable currency to "exit" to as a global medium of exchange. "if our economic growth begins to decline" -- It will decline at some point... for a while; then it will increase again. Then it will decline for a bit, then increase again. This is how the economy works -- and has worked for a very, very long time. There's no particular reason on the horizon to think that it would take a radical turn from that pattern in the foreseeable future. That would seem to leave your question lodged squarely in the Chicken Little category.
Welcome to the exponential age. Thanks for the answers on AI and labor. The chip shortage as a catalyst for further divergence of economic participation is disturbing. That road leads to conflict and repression. Productivity gains of 3% a year are low. I'm looking at 100-300% in ten years. Steps to take now are preparing for guaranteed minimum income, retraining, and demand programs just to keep the market economy pumping. Lots of destabilizing change coming - we have a little time to work on balance.
It depends on which pill you take Alice. Right now, we have a urbanization and decreasing birth rate across the planet. I see this as a good thing. RUclips may be replaced or changed to have AI driven "editors pick" of comments that summarize the complexity of possible outcomes. In my experience, the chips are not the problem. The problem is really bad software.
@@tomchristianson858 It is a population boom in third world nations a a population crash in first world nations. The logical conclusion. Your location will become the third world and you will be seen as food by the new population that moves in to take over.
8% per year (100% in q0 years) is already kind of crazy. It's not just the advancements in technology, but the implememtation that matters. I think a 4% per year will be enough to ensure a prosperous future
@@billchepil5933 Thank you for sharing, for you have then a better insight than most people, could you please go into detail and tell us what their problems where and in what sector/position you worked at? Personal insights like these are invaluable to us. Cheers
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
@@user-hf2dr7sh4y to decouple from the dollar is much easier said than done. So many of our modern luxuries, and even simple products, rely on massive intercontinental supply chains to produce. In order for a country to maintain their standard of living, while operating using their own currency, they would have to be able to produce replacements for so many materials. It’s possible that we will see regional markets that use a different currency, but I don’t see many countries cooperating on such a scale. That would potentially sever them from doing business with the worlds richest and most advanced corporations. The dollar will continue to be a reliable currency so long as the US itself doesn’t collapse.
@@user-hf2dr7sh4y And again... "while other countries work to exit the dollar as fast and hard as possible" -- As he said in the video, they have no place to go if they want to "exit the dollar." There is no other viable currency to "exit" to as a global medium of exchange. "if our economic growth begins to decline" -- It will decline at some point... for a while; then it will increase again. Then it will decline for a bit, then increase again. This is how the economy works -- and has worked for a very, very long time. There's no particular reason on the horizon to think that it would take a radical turn from that pattern in the foreseeable future. That would seem to leave your question lodged squarely in the Chicken Little category.
"We are in a post fact world right now." That pretty much sums up the challenges of critical thinking. - And yes, the John Muir trail (and others) around Yosemite is drop dead beautiful and a hiking must. Thanks Peter!
Then let's keep focusing on the facts and ignore all the duopoly-biased circus monkeys. The average economic growth rate of the US happens to be equal to how much we pay in interest at an annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point also no longer affording to pay even the interest on our debts? Are we just supposed to go on "that would never happen", no contingencies necessary? Right because many other things before could never happen.
This is why I hate these statements coming from Peter because he’s generally defending the people with a questionable fax who are calling out everyone else has living outside of reality. Well, they’re corruption festers in their little DC bubble. The 2020 elections were obviously stolen, NATO is asinine, and America is proving to the world that it is a basket case, severely influenced by foreigners and corporate profits, which seek war as a way of plundering the American taxpayer. The massage in pedophile honey traps seem to be fairly well understood by the general population, which somehow makes them conspiracies they arrest, according to the news media, which is controlled by the same intelligence services. You literally have to be stupid not to see this at this point yet Peter circles around the wagon for them because at the end of the day Joe six pack doesn’t pay the bills and those that print the money can give you all sorts of consulting and speech revenues.
Peter has an amazing ability to "dumb down" geopolitics to the point where people like myself can understand it. This is why he has exploded in popularity in the last 1.5-2years.
You don’t have to dumb it down it’s a pretty simple subject. Where Peter shines is that he gets the demographics and he gets a bunch of little details about industry that most people don’t have that’s what makes them enjoyable. When he’s making asinine, political comments or carrying water for the deep state not so much, his books are better than his RUclips channel
Qs for Peter; 1) What would happen if Ukraine successfully destroys the European Russian ability to produce refined fuel? Would that sufficiently slow down the Russians ability to supply the war to create a stalemate that bleeds Russia dry of military age people? What if they also target railroad infrastructure? 2) What scenario is most likely if Ukraine actually ‘wins’ and Russia gives up the hot war (for now)?
Lots of people are reenacting the Soviet stuff these days take a look at all our aircraft with doors, falling off and wheels, rolling off and tell me that we’re not reaching the end of empire. We literally are at the point of incompetence because the corruption has filled the system with incompetent people in order to steal and take graft, or for ideological reasons that I have a long time ago been scientifically falsified. I’ll let you figure out with us last part means.
In the future please distinguish between the chips used for AI training (high end-limited supply) and the chips used for execution of the inference engine produced by the training.(much less powerful depending on the application).
So glad you raised consumption as an issue, or better, people need an income to buy things produced, however cheap and and more efficient production becomes
Most of it appears to be to the South of China. Off the coasts of Vietnam and Malaysia. I'd love to hear Peters far more expert analysis too... but at the least it seems to be an opportunity for OTHER nations in SE Asia.,
The federal government deficit for February was over $10B per day. There appears to be no stopping this exponential currency debasement without a crisis.
So what happened to the mass starvation that was supposed to happen this year? The one that was supposed to happen last year but was narrowly avoided by using up "the last" of the stored fertilizer, and squeezing out a little more production but was definitely the last time they could do that?
We've always lived in a world where information was controlled by those in power. Because of the internet, there's a struggle over that power base and people are ignoring legacy media tunnels with abandonment of corporate advertisement-based groupthink. When Peter referenced the lunatic fringe conspiracies that used to be espoused by the left percolating into the right in US politics, he didn't specify which conspiracies, but he's right. The main ones are: * JFK assassination had US government involvement in both the murders and the cover-up via the Warren Commission. This was a pillar basis of politically-active academics and journalists who affiliated with Democrats from the 1960s-forward. There were also people across party lines who thought it was a conspiracy, didn't buy the WC narrative. These are just the facts about people's perceptions and instincts, supported by the Church Committee, Assassination review Committee, and ARRB acts from 1975-1992. * Another big one is pharmaceutical giants' manipulation of media and ads through corporate media, while concealing their harmful products. People on the left and right are seeing more eye-to-eye on these types of topics, which is alarming to those who are used to ruling through division. Peter skips over these details, though he has discussed the overall trend towards a new populist political movement in the US.
AI helped me with changing an SQL quiry to include ot areas and authority lot areas in my Council's GIS system. Great for when you need it in a pinch and you need a human to update the data. Saved me hours of individually loading the data.
Newt Gingrich was the architect of that, not Clinton. Gingrich was one of the only clean, well-informed Speakers of the House we've had in the last 120yrs. Most of the rest are plants by organized crime, positioned to steer pork barrel spending to cronies. Paul Ryan and Mike Johnson are also outliers in that Speaker format. McCarthy, Pelosi, and the others literally come from Mafia-stooge families. Tip O'Neil, Tom Foley, and down the list is a very interesting insight in how corporate kleptocrats and organized crime have controlled the US budget for well over a century.
Great responses to questions Peter 😊 thanks. At the 18:20min point the audio got a little sketchy tho. Did you say that a “Clinton” proposal (during his admin.) to reduce national debt, if passed while he was in office, would truly have wiped out the national debt by now? If I heard you correctly, it should be more widely known. Why was the Bill/proposal not enacted? Man, perhaps there may be some hope. Kindly confirm🍁
Yosemite and the continental divide are about 1,000 miles apart. If you are a mile or two off trail, you aren’t likely to see many people anywhere, though, even in Yosemite.
Peter - do you have insights to ITER-Nuclear fusion alliance?. Your perspective post WW2 on oil and energy, global trade impacts , geopolitics and scenarios if Nuclear fusion works - how does this reconcile with Russia /China vs ROW ?
Always appreciate this information! Could you possibly do a video explaining what the Clinton plan was to reduce the national debt? I have never heard this before. Thank you!
There's a huge difference between analysis and leadership/governance. He found his way in analysis and consultant work, not managing large organizations.
What happens if Russia disintegrates like the Soviet Union did? Will the Chinese government invade former Russian territory? Will the western world order protect the possible new countries from China? I would like to here your answer Peter Zeihan.
Hi there Peter. I have a little question: What do you think of the ongoing project to ban tiktok if it is not sold to an american brand and do you think that it would transform into a bill that limits other social media on USA?
For a few years back in the 80s I used to lead overnights and weekenders from the Camp Oljato BSA Camp on Huntington Lake adjacent to the Kaiser and Dinkey Lakes Wilderness. George Lake, Twin Lakes and Even up to Tule Lake, Doris Lake and Mono Hot Springs all gorgeous mid high east sierra fun and beauty. People though... To lose most people It's Sequoia, Kings, Inyo, Muir territory. :) I don't mind a few people... on occasion. :D
@@PMI551 once again Mr wizard, who said Chinese? Who and when ? I think your just the most anti American communist lover east of the Mississippi A professional victim at every turn on each occasion….a victim Born and bred victim, who will fill their children’s minds with anti American propaganda. And instill a firm sense of victimology Good luck red with all that
Canada has a population of 40 million, not 35 million. But that is not large enough to field a global currency and I don't think anyone in Canada has ever thought we would field one. That is singularly US territory because they are simply the largest economy in the world, ten times larger that Canada's. Another thing that I did not like about Peter's answer on national debt problems is he absolutely avoided summing up the interest payment crisis with regard to national debts. How long will it be before the interest payments on the US, Canadian, European, etc., national debts forces a collapse of their economies? The unavoidable brick wall of this issue is that things cannot continue like this. Sooner or later the interest payments on national debts will become confiscatory, or taxes will become utterly unpayable. And yes, this is a brick wall and either we get our financial houses in order or we hit that brick wall at 100 mph and our economies disassemble themselves. So Peter, please put on your big boy pants and address this elephant in the room. 🤔🤷♂
![Quando Rondo - Grow Up [Official Music Video]](http://i.ytimg.com/vi/8zFnCg3BO4Q/mqdefault.jpg)
Peter in the remote wilderness: 4k60fps
Peter in his climate controlled home office: Potato Cam
😜
😂
Because he uses an iPhone in the wilderness, but has a Windows computer at home.
If he had a MacBook they would both look good.
@@trentbosnic But then he would have a Macbook.
@@trentbosnic operating system has no bearing on camera quality
Because he’s deep in an old school bunker?
Peter noted he only has so much leverage in this post truth world. Those of us who glean so much from you Peter are tremendously grateful for your contributions and encourage you to keep up the fight. You are an inspiration to way more people than you know!
A 20 min Q&A!? This is the best thing I've seen all week!
Ease on asslicker.
We definitely appreciate you trying Peter! You are the best place that I get my news!!!
I don't agree with everything Peter says, but I understand that as a consumer of "news" that I have to hear all the sides of the story and come to my own conclusions. Hopefully I'm not alone in this regard. Thanks Peter. Keep doing what you're doing.
This is the way. Peter is clearly smart and on balance probably one of the better sources of geopolitical analysis out there (vs say the ramblings of Elon Musk) but that doesn't mean we should take his word as gospel (ignore his glaring ego).
@@paskowitz You think to judge Elon? You don't have the credentials, Son. You don't even measure up to a hair on Elon's ass.
We are living in an era where the news media has to play to the dumbest of the dumb to generate webclicks.
Even though I disagree with him on a few issues, particularly Musk, I'm appreciative of the opportunity to actually consume some thoughtful analysis instead of poo flinging.
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
Then you must have known that this guy has been predicting the Coming Collapse of China for nearly two decades.
Peter is a very intutive guy... he stands waaaaaaay way back and sees forests - but there are still plenty of meaningful, anomolous trees that can be missed in that apporach.
Maybe the best way to see forests is to walk through them.
What a strange bot account.
Putting some clarity on the US debt issue. Thank you Peter.
Yeah, he made it simplistic, but its a good explanation as to why the USA dollar is still the stalwart of international finance and why Brexit or the Yuan are both non-starters. The Euro was a big competitor when it got started but as he mentioned the E.U. has some policy issues that have rendered it kind of internationally impotent (but still solid) compared to the USA Dollar.
Interesting to see that Bill Clinton's course would have led to a debt free America...sans Iraq /Afghanistan wars would have saved a lot of money.
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
@@user-hf2dr7sh4y China is going through an economic slump, so they will be buying less North American products / resources. We will see soon how it affects the American economy..as China becomes more protective of their capital.
@@user-hf2dr7sh4y "while other countries work to exit the dollar as fast and hard as possible" -- As he said in the video, they have no place to go if they want to "exit the dollar." There is no other viable currency to "exit" to as a global medium of exchange.
"if our economic growth begins to decline" -- It will decline at some point... for a while; then it will increase again. Then it will decline for a bit, then increase again. This is how the economy works -- and has worked for a very, very long time. There's no particular reason on the horizon to think that it would take a radical turn from that pattern in the foreseeable future. That would seem to leave your question lodged squarely in the Chicken Little category.
(On the topic of global currenty) "And no offense to our Canadian neighbors": none taken, truly. To even be on the list feels like being nominated for some award that you have no chance of ever winning. It’s still an honor to be on the list (and it caught me by surprise) 😀
Wow, not even putting the British pound before the Canadian dollar. Both countries are going through some self-inflicted financial pain issues right now caused by policy decisions in their capitols so I'm guessing they are a "toss-up" as to who is more solvent.
@@crosslink1493Canada is by far more solvent. Massive free trade agreements, oil production, diversified economy. The UK is really stumped. Clearly they had no plan for brexit.
@@stevenbenson9976 you are discounting UK's North Sea for oil and gas production.
@@Nabrolo I get that the north sea has oil but it's not the same kind of volume
😂Canadians still rate higher on the happy scale whatever that means
20 minutes is spot on!
Something I don't agree with. He says the war in Ukraine was something that had to happen because Russia needs to protect secure its eastern flank. That's bs since Russia has nukes. That's why NATO planes aren't bombing Moscow right now. We aren't in the 19th or early 20th century anymore.
Not quite
You have helped clarify politics and foreign issues. Keep going!
Mr. Zeihan
I wish to express my heartfelt thanks for your receptiveness to the inquiries and interests of your audience. Your dedication to fostering a professional environment and your commitment to exhaustive research are evident in the quality of your work. The effort you invest in addressing the topics we care about does not go unnoticed, and I am hopeful that your endeavors will continue to prosper.
Your series focusing on China has been particularly enlightening, offering a clear-eyed perspective amidst a sea of often contentious discourse. Your ability to navigate these complex waters with poise and insight is commendable.
Thank you for your continued dedication to shedding light on such intricate matters. May your journey through the intricate world of geopolitics continue to be marked by success and recognition.
I Johnathan Charles Knight sixth generation Canadian. In God we trust and may God keep our lands America and Canada.
Excellent a bit longer video today. Thanks for doing these; Ask Peter Fridays
Delightful frolic through issues confronting the world !
Robert
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
@@user-hf2dr7sh4y As you see fit to repeat the same inane question as above, I'll go ahead and repeat my response to it.
"while other countries work to exit the dollar as fast and hard as possible" -- As he said in the video, they have no place to go if they want to "exit the dollar." There is no other viable currency to "exit" to as a global medium of exchange.
"if our economic growth begins to decline" -- It will decline at some point... for a while; then it will increase again. Then it will decline for a bit, then increase again. This is how the economy works -- and has worked for a very, very long time. There's no particular reason on the horizon to think that it would take a radical turn from that pattern in the foreseeable future. That would seem to leave your question lodged squarely in the Chicken Little category.
Peter you are my favorite news source. Please never stop
Hope you didn’t listen to him on BTC. Embarrassingly wrong. 😂
Peter is not a "news source". He is a very polished and fairly well informed version of "Baghdad Bob". His analysis and insight contain enough truth to come across as plausible, but his conclusions - at least in the short term (read the last three of four years that I have been following him) have missed much more than they have hit. He is a polished shill, selling an agenda (an agenda that I wish was right and hope is more right than wrong). He is always hyperbolic, always boldly confident sounding and always builds in hedges. He moves on quickly when his "predictions" don't pan out and on occassion addresses them to explain why they didn't pan out (presumably after being called out on them).
Peter is the most scholarly hardcore hiker I’ve seen. He’s a genius to stay relaxed outdoors while making geopolitical content
I guess thats fair, you have never laid eyes upon myself
"nobody wants the brits to be in charge of anything again" lmao I do love that that's the only real reason
💪🫡🫶🇬🇧🇺🇸🛸
Shh don’t tell anyone, but to all practical intents and purposes the USA is run by British.
It's that little problem of 1750 - 1940...
@@ts757arse😂 Fair call
@@ts757arse Über - Ü - über
That was a much longer and much better session. Better questions maybe.
Loved it. Insightful and I'm smarter for having listened.
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
@@user-hf2dr7sh4y (sigh...)
"while other countries work to exit the dollar as fast and hard as possible" -- As he said in the video, they have no place to go if they want to "exit the dollar." There is no other viable currency to "exit" to as a global medium of exchange.
"if our economic growth begins to decline" -- It will decline at some point... for a while; then it will increase again. Then it will decline for a bit, then increase again. This is how the economy works -- and has worked for a very, very long time. There's no particular reason on the horizon to think that it would take a radical turn from that pattern in the foreseeable future. That would seem to leave your question lodged squarely in the Chicken Little category.
20 minutes! God bless you 🙏
some questions he has no clue - like AI.... 😅 bo be fair, he is a geopolitical strategist, not an AI expert.
I mean... what did he get wrong exactly? AI can't consume and it will need hardware that will need to be manufactured and transported...
Welcome to the exponential age. Thanks for the answers on AI and labor. The chip shortage as a catalyst for further divergence of economic participation is disturbing. That road leads to conflict and repression. Productivity gains of 3% a year are low. I'm looking at 100-300% in ten years. Steps to take now are preparing for guaranteed minimum income, retraining, and demand programs just to keep the market economy pumping. Lots of destabilizing change coming - we have a little time to work on balance.
It depends on which pill you take Alice. Right now, we have a urbanization and decreasing birth rate across the planet. I see this as a good thing. RUclips may be replaced or changed to have AI driven "editors pick" of comments that summarize the complexity of possible outcomes. In my experience, the chips are not the problem. The problem is really bad software.
@@tomchristianson858 why are declining birth rates a good thing?
@@tomchristianson858 It is a population boom in third world nations a a population crash in first world nations. The logical conclusion. Your location will become the third world and you will be seen as food by the new population that moves in to take over.
That 3% is on top of existing gains.
8% per year (100% in q0 years) is already kind of crazy. It's not just the advancements in technology, but the implememtation that matters. I think a 4% per year will be enough to ensure a prosperous future
Always good stuff! Thank you so much!
Great questions, great interviewer, very interesting topics. Thank you both! 😎👍
Great start to a great day 🎉
Good Q & A, Peter! Always enjoy hearing your thoughts on China, as I'm currently living here.
Get out while you can. I did and don't regret it although that goes without saying.
@chopsticksandtrains do you agree with Mr. Zeihan?
I worked for them when took over our company. It was 8 months of utter incompetence
@@billchepil5933 Thank you for sharing, for you have then a better insight than most people, could you please go into detail and tell us what their problems where and in what sector/position you worked at?
Personal insights like these are invaluable to us.
Cheers
These are filtered questions, It is not real.
Do you think Peter Zeihan can hold up to real questioning?
Wow! I lost track of the number of topics covered. Good job Peter. You're improving.
The average economic growth rate of the US happens to be equal to how much we pay in interest at annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point no longer affording to pay even the interest on our debts?
@@user-hf2dr7sh4y The Greater Depression. Got land. Got gold. Got silver. Got garden. Got orchard. Got dry powder. Got happiness.
@@user-hf2dr7sh4y to decouple from the dollar is much easier said than done. So many of our modern luxuries, and even simple products, rely on massive intercontinental supply chains to produce. In order for a country to maintain their standard of living, while operating using their own currency, they would have to be able to produce replacements for so many materials. It’s possible that we will see regional markets that use a different currency, but I don’t see many countries cooperating on such a scale. That would potentially sever them from doing business with the worlds richest and most advanced corporations. The dollar will continue to be a reliable currency so long as the US itself doesn’t collapse.
@@user-hf2dr7sh4y And again...
"while other countries work to exit the dollar as fast and hard as possible" -- As he said in the video, they have no place to go if they want to "exit the dollar." There is no other viable currency to "exit" to as a global medium of exchange.
"if our economic growth begins to decline" -- It will decline at some point... for a while; then it will increase again. Then it will decline for a bit, then increase again. This is how the economy works -- and has worked for a very, very long time. There's no particular reason on the horizon to think that it would take a radical turn from that pattern in the foreseeable future. That would seem to leave your question lodged squarely in the Chicken Little category.
"We are in a post fact world right now." That pretty much sums up the challenges of critical thinking. - And yes, the John Muir trail (and others) around Yosemite is drop dead beautiful and a hiking must. Thanks Peter!
Then let's keep focusing on the facts and ignore all the duopoly-biased circus monkeys.
The average economic growth rate of the US happens to be equal to how much we pay in interest at an annual basis on our national debt. What happens if our economic growth begins to decline, while other countries work to exit the dollar as fast and hard as possible, and we haven't even yet begun to decrease our national debt load while at that point also no longer affording to pay even the interest on our debts? Are we just supposed to go on "that would never happen", no contingencies necessary? Right because many other things before could never happen.
I wonder if he meant Yellowstone, Yosemite is nowhere near the continental divide 🤔 and the 2 people in 4 days doesn't add up for Yosemite lol.
I was wondering about that too. The JMT through Yosemite probably has a couple hundred people daily. CDT thru Yellowstone, not so much.
I’ve said Yosemite when I mean Yellowstone.
This is why I hate these statements coming from Peter because he’s generally defending the people with a questionable fax who are calling out everyone else has living outside of reality. Well, they’re corruption festers in their little DC bubble. The 2020 elections were obviously stolen, NATO is asinine, and America is proving to the world that it is a basket case, severely influenced by foreigners and corporate profits, which seek war as a way of plundering the American taxpayer. The massage in pedophile honey traps seem to be fairly well understood by the general population, which somehow makes them conspiracies they arrest, according to the news media, which is controlled by the same intelligence services. You literally have to be stupid not to see this at this point yet Peter circles around the wagon for them because at the end of the day Joe six pack doesn’t pay the bills and those that print the money can give you all sorts of consulting and speech revenues.
I like this format.
Great stuff Peter, Thanks again.
That was great, thank you.
Thank you for these very interesting videos as I love these rapid-fire questions that create much slow-fire deep thought both pro and con.
Peter has an amazing ability to "dumb down" geopolitics to the point where people like myself can understand it. This is why he has exploded in popularity in the last 1.5-2years.
You don’t have to dumb it down it’s a pretty simple subject. Where Peter shines is that he gets the demographics and he gets a bunch of little details about industry that most people don’t have that’s what makes them enjoyable. When he’s making asinine, political comments or carrying water for the deep state not so much, his books are better than his RUclips channel
Always great and a free from spin view on issues.
I liked this format and the questions/answers.
Qs for Peter; 1) What would happen if Ukraine successfully destroys the European Russian ability to produce refined fuel? Would that sufficiently slow down the Russians ability to supply the war to create a stalemate that bleeds Russia dry of military age people? What if they also target railroad infrastructure?
2) What scenario is most likely if Ukraine actually ‘wins’ and Russia gives up the hot war (for now)?
15:26 Classic.
Peter is also reenacting the Soviet -China rift of the 1950's/60's here.
Thanks Peter!
Lots of people are reenacting the Soviet stuff these days take a look at all our aircraft with doors, falling off and wheels, rolling off and tell me that we’re not reaching the end of empire. We literally are at the point of incompetence because the corruption has filled the system with incompetent people in order to steal and take graft, or for ideological reasons that I have a long time ago been scientifically falsified. I’ll let you figure out with us last part means.
0:11 second in & I already like this video, another great job by Sir. Zeihan & crew...
20 miles a day, 4 days, 80 miles.
Plenty of time to think.
Data processing 😊😊
And then back into the busy world.
Very clever
Fascinating, especially Your Thoughts on the National Debt!!!
In the future please distinguish between the chips used for AI training (high end-limited supply) and the chips used for execution of the inference engine produced by the training.(much less powerful depending on the application).
Great video guys, awesome questions!
Great job and I tell everyone about you that I can when appropriate
Peter for speaker of the house!
these systems simply put cost to damn much and require very high sophistication. Let that sink in.
20 mins? This warrants snacks
So glad you raised consumption as an issue, or better, people need an income to buy things produced, however cheap and and more efficient production becomes
How about we stop wasting all our resources on meaningless consumption instead?
Great Q&A
Would like to hear Zeihan's opinions on Argentina, Milei, and how it could effect the rest of South America.
I wish that Peter would address the issue of the discovery of large oil reserves in the South China sea and the impact on China's oil imports.
Most of it appears to be to the South of China. Off the coasts of Vietnam and Malaysia. I'd love to hear Peters far more expert analysis too... but at the least it seems to be an opportunity for OTHER nations in SE Asia.,
Finally an ad popped on Peter’s channel. Jeep.
The federal government deficit for February was over $10B per day. There appears to be no stopping this exponential currency debasement without a crisis.
Great questions and answers.
I like peter's orange prison jumpsuit style in this video.
So what happened to the mass starvation that was supposed to happen this year?
The one that was supposed to happen last year but was narrowly avoided by using up "the last" of the stored fertilizer, and squeezing out a little more production but was definitely the last time they could do that?
Always fun! And during the ads I learned how to burn fat!
Dear Peter Zeihan. Is there any chance that you'd make an appearance in Finland this year? I would love to come to listen to you live.
Good to know where . I will see you in the woods
Stalking? Not cool.
We gonna talk about Boeing Whistleblower John Barnett?
Didn't agree with most of it but some good points made it worth listening.
Great. Thanks
Peter Zeihan for Sec. of State!
Canada: we’re just happy to be mentioned in the currency conversation
Any chance for chapters in these multi-topic videos?
Great sprawling talk. Yosemite sounds awesome.
Bothers me that intelligent people like Peter Zeihan NEVER run for president 😑
I appreciate you trying!
The AI models are miniturising astonishingly quickly.
I missed the connection of Yosemite and Continental Divide. How's that work?
Yeah, at its closest it's two big western states away.
Thanks!
16:23, national debt segment. Good questions.
I like his term, "post fact", first I have heard it.
We've always lived in a world where information was controlled by those in power.
Because of the internet, there's a struggle over that power base and people are ignoring legacy media tunnels with abandonment of corporate advertisement-based groupthink.
When Peter referenced the lunatic fringe conspiracies that used to be espoused by the left percolating into the right in US politics, he didn't specify which conspiracies, but he's right.
The main ones are:
* JFK assassination had US government involvement in both the murders and the cover-up via the Warren Commission. This was a pillar basis of politically-active academics and journalists who affiliated with Democrats from the 1960s-forward.
There were also people across party lines who thought it was a conspiracy, didn't buy the WC narrative. These are just the facts about people's perceptions and instincts, supported by the Church Committee, Assassination review Committee, and ARRB acts from 1975-1992.
* Another big one is pharmaceutical giants' manipulation of media and ads through corporate media, while concealing their harmful products.
People on the left and right are seeing more eye-to-eye on these types of topics, which is alarming to those who are used to ruling through division.
Peter skips over these details, though he has discussed the overall trend towards a new populist political movement in the US.
AI helped me with changing an SQL quiry to include ot areas and authority lot areas in my Council's GIS system. Great for when you need it in a pinch and you need a human to update the data. Saved me hours of individually loading the data.
God Bless America.
Finally someone mentioning Bill Clinton's effectiveness against the Debt, something that's kind of important.
Newt Gingrich was the architect of that, not Clinton. Gingrich was one of the only clean, well-informed Speakers of the House we've had in the last 120yrs. Most of the rest are plants by organized crime, positioned to steer pork barrel spending to cronies.
Paul Ryan and Mike Johnson are also outliers in that Speaker format. McCarthy, Pelosi, and the others literally come from Mafia-stooge families. Tip O'Neil, Tom Foley, and down the list is a very interesting insight in how corporate kleptocrats and organized crime have controlled the US budget for well over a century.
Yeah- everything since then is Monica's fault
Great responses to questions Peter 😊 thanks.
At the 18:20min point the audio got a little sketchy tho.
Did you say that a “Clinton” proposal (during his admin.) to reduce national debt, if passed while he was in office, would truly have wiped out the national debt by now? If I heard you correctly, it should be more widely known. Why was the Bill/proposal not enacted? Man, perhaps there may be some hope. Kindly confirm🍁
Rather intriguing, I'll admit.
I love this format. But please get a yeti blue snowball mic or better, that headset is rough.
Remember when Pete said Bitcoin was worth negative dollars! Hahaha! Dance Peter dance!
Mr. Zeihan
i noticed you mentioned Bangladesh quite often! Could you please do a video on Bangladesh? economics / politics
Where actually can we "Ask Peter"?
Great stuff!
Yosemite and the continental divide are about 1,000 miles apart. If you are a mile or two off trail, you aren’t likely to see many people anywhere, though, even in Yosemite.
Another great video.
Peter - do you have insights to ITER-Nuclear fusion alliance?. Your perspective post WW2 on oil and energy, global trade impacts , geopolitics and scenarios if Nuclear fusion works - how does this reconcile with Russia /China vs ROW ?
Peter might mean PCT as the Continental divide is not in Yosemite.
slight to throw off the stalkers
Check your maps
It's slowly Being moved to China
Or Yellowstone. It’s along the continental divide trail and the word is similar
Always appreciate this information! Could you possibly do a video explaining what the Clinton plan was to reduce the national debt? I have never heard this before. Thank you!
Peter takes the most complex Geo-Pol issue and breaks it down in term we all can follow.
Write in Peter Z. for president ! LOL
There's a huge difference between analysis and leadership/governance. He found his way in analysis and consultant work, not managing large organizations.
What do you forecast the gold price over the next six months?
Fantastic
AI means that we have more time to watch Peter on RUclips.
WONDERFUL...... 😊
I think "useless" is a great description of the stuff that is supposed to do major country kinda stuff.
What happens if Russia disintegrates like the Soviet Union did? Will the Chinese government invade former Russian territory? Will the western world order protect the possible new countries from China? I would like to here your answer Peter Zeihan.
What happens when we have to refinance our debt at the current much higher interest rates?
The questioner has a beautiful smile!
😀
Hi there Peter. I have a little question:
What do you think of the ongoing project to ban tiktok if it is not sold to an american brand and do you think that it would transform into a bill that limits other social media on USA?
Just to correct Peter, population of Canada is 40 million not 35 million.
For a few years back in the 80s I used to lead overnights and weekenders from the Camp Oljato BSA Camp on Huntington Lake adjacent to the Kaiser and Dinkey Lakes Wilderness. George Lake, Twin Lakes and Even up to Tule Lake, Doris Lake and Mono Hot Springs all gorgeous mid high east sierra fun and beauty. People though... To lose most people It's Sequoia, Kings, Inyo, Muir territory. :) I don't mind a few people... on occasion. :D
Canada has hit 40mil people but clearly your points still valid
@@PMI551 thank you head arbitrator of facts. Helpie helperton
@@AMERICANPATROIT101-y7r I’m great I know.
@@PMI551 😊🤓
@@AMERICANPATROIT101-y7r Still think I’m Chinese and want to invade Taiwan? lmao
@@PMI551 once again Mr wizard, who said Chinese? Who and when ? I think your just the most anti American communist lover east of the Mississippi
A professional victim at every turn on each occasion….a victim
Born and bred victim, who will fill their children’s minds with anti American propaganda. And instill a firm sense of victimology
Good luck red with all that
Nice to see Edge. He hasn't aged a bit.
Canada has a population of 40 million, not 35 million. But that is not large enough to field a global currency and I don't think anyone in Canada has ever thought we would field one. That is singularly US territory because they are simply the largest economy in the world, ten times larger that Canada's.
Another thing that I did not like about Peter's answer on national debt problems is he absolutely avoided summing up the interest payment crisis with regard to national debts. How long will it be before the interest payments on the US, Canadian, European, etc., national debts forces a collapse of their economies? The unavoidable brick wall of this issue is that things cannot continue like this. Sooner or later the interest payments on national debts will become confiscatory, or taxes will become utterly unpayable. And yes, this is a brick wall and either we get our financial houses in order or we hit that brick wall at 100 mph and our economies disassemble themselves. So Peter, please put on your big boy pants and address this elephant in the room. 🤔🤷♂