Comments by "bighand69" (@bighands69) on "Zeihan on Geopolitics" channel.

  1. In this case it is the starting point with the pandemic disrupting supply chains.
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  2. They will do it as there will be a capital flight out of Europe. The UK market has the tools to enable it to dampen the outward flow of capital without doing anything to drastic. Since you have pointed out that it has not happened in decades that answer your question any small amount of control will look like the sky is falling.
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  3.  @donatoferioli7426  What has rich and poor got to do with anything?
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  4. He is not telling you to do that he is telling you what will probably happen.
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  5. Variable interest rates are used in America as well it is just that the banks in America have more capital and better markets so they can offer better deals with the their fixed rates and it is far cheaper to get a fixed rate in the US than Australia. The only downside is that fixed rates are only as reliable as the bank/fund/organisation that guarantees it in contract. Nothing is truly set in stone and those really good value fixed rates could disappear even if a person has a contract stating their obligations of borrowing.
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  6. The alternative to high interest rates in the 1980s was countries going bankrupt as inflation ran out of control.
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  7.  @QuizmasterLaw  That does not make any sense what you are saying.
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  8. Russian culture is failing and in that failure comes the greatest danger. It is the same state of affairs with China.
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  9. The under laying issues that they have such as demographics, food and energy are all going do dictate.
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  10. You forgot and left out the part that the DC transmission system requires superconducting bridges at the power generation side and power scaling side.
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  11. It is fantasy to think that this will play out in the short term. This is a research milestone nothing else. It is not the big breakthrough that will make it easier to produce.
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  12. He is being polite with the 70 year figure as the reality is that the reaction that was done as part of the experiment into fusion is not a viable energy generation system. He is pointing out the obvious to people that do not understand.
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  13. EV have a nice smooth drive and have a unique power feeling especially when you accelerate but they are a luxury product and not a general market product.
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  14. The whole plastic and rubber thing has been way over played. The leftwing media is only talking about it because of the large volumes of it that end in the ocean but with a little bit of research they could easily figure out which countries are dumping into the oceans on an industrial scale.
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  15. If you are talking about trains then the fantasy of a coast to coast high speed network that can some how magically service every state is nothing more than pure nonsense. There maybe a case within in a state of between city areas for high speed train but the reality of that is not that convincing. california needs to spend in excess of 100 billion to build such a system but in reality that would probably double when the project actually gets started. And exactly what would be the purpose of that?
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  16.  @michaelpettersson4919  They are cheap but also shows desperation on their behalf. Not even during the cold war was Balloons used in that capacity because they were easily tracked and could be intercepted. I suspect the US military would not have actually shot it down if it was not for the public outcry and they would have used it for counter intelligence.
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  17.  @hex5874  if they do not care about made in America they will not be given access to the US market. It is that simple and will end up where they used to be as imported cars cost more than American cars. If BMW want to sell half a million cars in the US every year they will need to get their finger out and the same applies to Mercedes.
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  18. So you are saying that Lincoln, Cadillac and Buick are not as good as the German cadre. That is some fanboy logic going on there. If the Germans cannot sell their cars in America it most certainly will affect them no matter how people try to spin it.
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  19. But do they use American engineered components or are they imported from European manufacturing? The rules are quite specific with the components needing to have been produced in America and certified as American.
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  20.  @peteg6118  Assembly does not count it has to be a component that is manufactured in the US.
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  21. None of the developing countries actually have a true market economy. They tend to be top down economies controlled through special political panel. You could hand many of them 100 billion tomorrow and they simply could not do anything with it.
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  22. Not all US oil reserves are cleared for public economic reserves. Many have been tied up in economic orders. Every president has sight through executive orders barring prospects from processing. The US has not even begun to tap into its shale reserves of oil or gas.
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  23.  @attilaann5686  US does not need to seize Russia heavy crude.
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  24.  @georgeford6506  It is a lot of nonsense that is why he will not talk about it.
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  25. I have heard the same thing 15 years ago from various sources. There was claims after 2008 crash that Russia had this massive reserve of gold and that everybody was just going to go over and join up with them. China came next with everybody claiming it would be the dominant currency. There was even people claiming it would be the Euro. They have all moved on now to the fantasy BRICs currency but they cannot tell you what it will be. There are those still claiming it would be Bitcoin but they cannot tell you how such a currency would service the market never mind the fact no body actually knows about it.
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  26.  @Mehwhatevr  There are currencies that are actually pegged by their government. There is currently 65 currencies that governments peg to the US dollar.
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  27. US national debt is not actually the figure that is claimed. Most of that is liabilities and accounting exercises within the government with no repayment structures or holdings. Real US debt is half that of GDP but it also is stacked against total assets that run into the trillions in value.
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  28. People at some point have to get sick of all this aggressive media politics. I suspect that the younger generations coming through are not as into it.
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  29. They could have both represented the populist sides of their political divide and still got things done. Trump's political character created too many enemies to the point that he could get nothing done and people disliked him, Obama made a lot of promises and then never worked with democrats/republicans in congress to get things done. Trump got stuff through congress with the democrats on various issues but his political character was to abrasive and crazy.
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  30.  @karunama3771  FDT and Eisenhower are to great presidents but they were men of their era.
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  31. Crypto has value but trying to establish what that value is will be a difficult task. It is about to become a trading currency for many in the developing world as they will need a functioning currency of sorts.
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  32. @U.S. Grant Let me guess you think that gold back currency is better.
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  33. Chinese economy has property exposure of about 50%.
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  34. 11% interest in Russia will not address the underlying conditions in its economy.
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  35.  @ElementaryWatson-123  Supply chain issues are the driving force behind inflation. It has nothing to do with QE. The reason the US uses QE is because too much of its currency is used on a global scale and not enough is available for internal economic markets. The US banking system on several occasions has had a shortage of liquidity when pressure is brought on them. That QE is not used to prop up the US system but is used to try and stabilize the world. If the US was to move away from being the world reserve currency that would bring better long term economic benefits.
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  36. You can try and convince yourself of all of that.
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  37. Nope not even close.
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  38. The difference this time is that Germany is not fighting the Anglo World like it did in WW2. The reason why Germany could not push beyond operation Barbarossa was due to them fighting a war on too many fronts. Part 2 would be completely different with the full might of modern German industry being used to build a European wide military effort and with French and British industrial power chipping in as well. I think we all know where the world is heading.
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  39. Nope that is not what happened. Germany was never going to choose sides with Russia because Germany full well knows it would be junior partner and as such could be invaded at a later date.
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  40. Taiwan has a massive air force, naval defences and a missile system for defences. China will be hitting its head against a wall doing that.
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  41.  @AJourneyOfYourSoul  Why did so many vote for Trudeau? That question is easy to answer most voters are doing so by a public image they see through the medium of TV.
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  42.  Morgan Allen  The whole catholic population thing in Ireland is very misleading as there is no such religion as Protestantism but even putting that aside Ireland is not a country that is active it tends to be passive and reactive to the world. The republic of Ireland's biggest problem is that it is too heavily invested in the EU project. The EU will be collapsing and Ireland as a culture will still be pushing the EU as some sort of virtue. The whole of the media class and political class in Ireland are pro EU. There is simply no sceptaism of the EU on any significant level in Ireland. It is so bad in Ireland that the country gave up its fishing waters which is as value as Norwegian oil.
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  43.  @MrBradogg  I am afraid you are wrong the poisonous kangaroos are allergic to beach's, pools and women in bikini's. Every person who has been infected by those Kangaroos have to go through a detox sunbathing program and moderate amounts of cocktails and ice cream. Summer is a tough period in Australia especially around Sydney with all those young men with their tops off and women in tight shorts.
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  44. That is all pure fantasy see.
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  45. US national debt is not based on promisaries. Meaning it cannot be called.
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  46. SVB has a very low depositor rate. Meaning they have lots of large corporate depositors that have large sums of money.
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  47. There is an old saying never put all your eggs in one basket. Roku who had 2 billion cash on hand in 2022 should know better.
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  48. What ai do you think is challenging jobs?
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  49. That 1865 figure that people keep quoting is in relation to Japan industrializing its Navy. Japan was considered to be the first Asian nation to industrialize its navy.
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  50.  @krakhedd  By second he was referring to Japan not the US or China. He did make a slip up at one point and said China when he meant Japan. These things are to be expected when doing live videos on a trek.
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