Rare Kremlin video: Putin with Witkoff and Kushner, then their first Kyiv trip this term and Zelenskyy's restrained reply. Moscow cites trust and economic projects; Bessent chokes offshore funding. Argentina presses Malvinas as Trump rethinks automatic U.S. backing of Britain.
Harvard’s battle against the American System spans centuries. Mike examines globalization, America’s skilled-worker crisis, and what President Trump is building to replace it.
The offshore empire gets named on live TV, Wall Street's forecasters get humiliated by the jobs numbers, and Europe moves to loot its own savers. One pattern runs through all of it — and eight weeks to settle it. Five posts inside.
China built an industrial powerhouse, but debt and export depesndence threaten its future. Can Trump’s revival of the American System offer a new path forward?
China built an industrial powerhouse through directed credit, advanced manufacturing, infrastructure, robotics, and space exploration. But its success now masks a growing crisis. The collapse of Evergrande, overwhelming debt, population decline, and dependence on exports have left Beijing facing choices that could determine the future of the global economy.
In this overview, Mike explains how China adopted the methods of the American System while leaving behind its commitment to developing and empowering the individual. He also examines how President Trump’s push for critical minerals, nuclear energy, semiconductors, physical AI, and space exploration could revive American industry and establish a new economic system for the world.
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00:00 China’s Industrial Power and Hidden Crisis
01:29 Japan and the Original American System
02:47 How China Built Its Industrial Machine
04:28 Evergrande and China’s Property Collapse
05:48 The Financial Crisis Beijing Avoided
07:32 Why China Cannot Stop Exporting
08:55 The World Pushes Back With Tariffs
09:18 China’s Demographic and Poverty Crisis
11:24 The Soul China Left Behind
12:28 The Choice Facing Beijing
13:17 America’s Answer to Globalization
14:28 Trump Revives the American System
16:58 Nuclear Power, Chips, and Physical AI
18:04 SpaceX and the New World System
18:27 Globalization Is Already Ending
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Rare Kremlin video: Putin with Witkoff and Kushner, then their first Kyiv trip this term and Zelenskyy's restrained reply. Moscow cites trust and economic projects; Bessent chokes offshore funding. Argentina presses Malvinas as Trump rethinks automatic U.S. backing of Britain.
Harvard’s battle against the American System spans centuries. Mike examines globalization, America’s skilled-worker crisis, and what President Trump is building to replace it.
Bessent explains Wall Street, the financial press, and Democrats keep being proved wrong—contrasting Canada’s job losses with a blowout U.S. jobs report, calling out FT/WSJ panic, and framing a Red Queen economy that must outrun debt, China, and skills gaps.
Susan on Bessent naming IRGC accounts in the British Virgin Islands — the real target is the offshore money machine, not just Iran. Syria sanctions lifted, the Mecca Pact, Russia at the G20, and China on Iran.
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