Comments by "" (@thomasherrin6798) on "Peter Zeihan || Deglobalization: There's No Stopping It Now" video.
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Chinas economic boom stopped in 2008 when non-productive debt took over, they have been amassing a debt burden since then, COVID has worsened the situation and still is, its debt burden is $57,000,000,000,000 approx. and counting. World Trade will continue with or without the U.S. as it has always done since ancient times, and if it does withdraw it economy will depreciate further, it will no longer be the reserve currency and it will not maintain its security budget, you don't need a big military to guard your back yard, especially when most of your citizens have six guns!?!
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If China and Russia are out of the equation due to demographics and the state of their economies, then global trade will be easier to implement amongst the remaining Wider West as their Navies will be as big as the U.S. or Russia's or China's as is (Obviously the U.S. is more capable), global trade will not go away if the U.S. withdraws into its shell, it happened thousands of years before in the ancient world, and Europe before the U.S., obviously security issues will remain but without the biggest loonies (Iran, North Korea, Saudi Arabia, Syria, Afghanistan and Pakistan are marked as ASBO's) it should be manageable, the biggest problem is can Europe Unite after the Ukraine War into an Economic Union as Political Union is dead and the E.U. may disintegrate if Germany declines!?!
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