Posted 7/30/2020 01:03 (#8404121 - in reply to #8404027) Subject: RE: Peter Zeihan
Second, this is a more fleshed out version, with recent examples, of the theory of world geopolitics he has been advocating for a while wherein the world ceases to function without US hegemony, the US only gets stronger and more dominant and wealthier, and it’s at least partly because of our demographics.
I noted the part where he said capital costs would quadruple, soon. I have been wondering for a decade what would happen when the Boomers quit putting money into the market and started pulling it out. In a world of higher interest rates, less built-in 401(k) contribution demand for stocks, and free trade, maybe commodities don’t look as bad as they do now.
I have also speculated for some time that much of our economic and foreign policy is pre-determined, and Ziehan certainly makes it sound so.
Does the dollar weaken if China has to capitulate on currency manipulation a la Reagan 1985 in his example?