Comments by "Ivancho" (@ivancho5854) on "Zeihan on Geopolitics" channel.

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  22. I know what you mean. I really struggle with some of his key concepts, like that the US Navy is going home, which may eventually come to pass, but for a start I don't think that the US President is ready to relinquish that level of power just yet. Until the invasion of Ukraine, Europe has not had a significant external threat since the end of the First Cold War and so far although the rhetoric is positive Europe is not showing great unity. The entire continent has still not ramped up military production significantly; Germany's military is still a joke; France is ominously quiet; and the only significant contributor outside of countries very close to Russia has been the UK. But consider the EU without German cash. No cash = no voice. What does the EU look like without Germany? Who are the EU's net financial contributors then? France, the Netherlands and Scandinavia? Does the EU in its current state benefit them? For that matter will the financial beneficiary states want the EU when they won't get money anymore? Also what does a banking stress test look like in the EU without German cash to bail it out? I know that it's really hard to imagine life in Europe without the EU in its current form, but gigantic changes are coming whether we like it or not. I think that the way that the UK left the EU was extremely badly managed to say the least, but it may work out well for Britain. I think that this will only happen if the politicians in London get their act together, which is a huge task. All the best.
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  170. If the US becomes seriously disinterested in North Africa, and I suspect that they will in time, then I really wouldn't be surprised if France went after Algeria and Tunisia again. Morocco and Libya pose no threat and the Sahara is like a sea and can be patrolled by drones. France would get oil and gas by pipeline which it needs and it would also secure the Western Mediterranean. The immigrant problem could then be controlled. It makes a lot of sense. The same goes for Italy taking back Libya, but Egyptian proximity poses a problem, but I think that Egypt is screwed if it doesn't expand. I suspect that it would be worth the gamble for Italy and France would likely assist them. An alliance between France and Italy may be needed to counter Turkey. I don't think that Spain would be interested, or even capable of taking Morocco, though I could be wrong. I'm very unsure about Spain's future - could it become a forgotten backwater? Very hard to say. France must first fix it's domestic problems with it's fractured population, though France could be Machiavellian and use a war in Algeria could get rid of people. It then needs to be an incredibly ruthless colonizer, much like Russia and not be bothered by human rights and rule with an iron fist, which reminds me of the pre-19th Century world. I wouldn't be surprised to see France and Italy back in North Africa in my lifetime. Time will tell as things are bound to happen which are unforeseen. Raw geopolitics is a really cutthroat and dirty business. The US world order was objectively a force for good. All the best.
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  206. I'm not as worried about deflation as Zeihan. I think that deflation is also self correcting, just on a longer time frame. He talks about how the only thing that really saved the world from the deflation of the Great Depression was the Second World War, but I think that is no coincidence. War is a political tool to combat deflation. In democracies people vote in extreme parties, either the hard left, the Communists, or the hard right and both eventually choose war to stay in power. What I worry about is that the USA, indeed the entire West has accumulated a wartime debt in a time of peace. Deflation is absolutely coming. We haven't had as large a contraction in the money supply since 1929, so we're going to have a depression. As Steve Hanke says "It's baked into the cards." If government debt to GDP rises to over 100% then that debt can only be inflated away (unless they default). Inflation is in reality just the devaluation of the currency. Inflation is actually easy to achieve, as a government only has to continue to pay government employees more. The reason that Japan didn't do this was a choice - a very bad choice as is evident by their demographic decline. I suspect that the reason that they did not was that Japan is a massive lender to Asia. They're now seeing some inflation probably because they see a depression coming and will not be able to lend. Back to high government debt in the West. The reason that this is a problem is that it positions the government poorly. How does it create inflation when the economy is contracting with incredible force? It can't expand the state's percentage of GDP if, as now, that percentage in the West is already at record levels. It can't afford to go to war. It's hands are tied and countering extreme deflationary forces becomes extremely difficult without altering the society. The West is in a very bad situation, but at least we're not the rest of the world! Wow, I went on forever. All the best everyone.
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  398. I agree that Ukraine needs to inflict more damage to Russia, particularly it's infrastructure, particularly oil and gas, rail and factories involved in military production and those which supply them. I don't think at this stage, if ever, America will supply them with long range missiles. I could however be pleasantly surprised. They may well be covertly assisting Ukraine develop their own, but Ukraine has a long history of aeronautics and may not need much help. I am extremely surprised how little Ukrainian special forces have been active in Russia. Targets are plentiful and of all the nations of the world, the Ukraine has the biggest advantage to successfully infiltrate Russia. Not supplying enough weapons to Ukraine is undoubtedly prolonging the conflict, however the loss of large numbers of young men can not be sustained by Russia as it has extremely poor demographics. The higher the Russian losses the less of a threat to NATO. How many more men will then leave for other lands rather than being mobilised? The US has a very long and consistently successful history of fighting today's wars today and tomorrow's wars tomorrow, including proxy wars. Nuclear proliferation is not today's problem, doing as much damage to Russia as possible is. I am sure that if there were peace tomorrow that the sanctions against Russia would continue for a long time. Which hurts Russia's economy and reduce its capacity to wage war for decades to come. All the best Michael. Slava Ukraine. 🇺🇦🇬🇧
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  525.  @atix50  No I hadn't heard about the problems in Dublin. The BBC should really be called the English Broadcasting Corporation, they even tilt the weather map to make England look bigger than Scotland. I understand the logic of their focus the English population is huge, but it's not particularly relevant for me now, hence my news input is lacking. I have heard that unless you are either very rich or poor that it has become impossible to raise a family in London. Mind blowing! I feel for your family. You're right about the advantages of being able to relocate. I don't think that the colour of your skin matters in the slightest. My family have many heritages British, Eastern European and Jamaican currently and we range of colours from very dark to pale blue with frequent sunburn (me! 🤣). Culture is hugely important and most European cultures are extremely compatible (with a couple of exceptions possibly due to history - looking at you Albania and Serbia and I'm excluded that insane mess called Russia). Religion wise is similar. We mainly get along with a couple of exceptions. I am pleased that a religious hotspot disguised as a political problem, Ireland, is slowly resolving it's issues. I wonder if this is because religiosity there is generally on the decline and/or people now appreciate the peace. Either way it's a good thing. In truth every country has its good and bad points, but it is extremely sad and troubling to have to consider leaving your homeland because those in power neglect to protect what we have. It's worrying to think that I wouldn't consider any politician a statesman since the end of the Cold War. This may not be a coincidence, as we probably make better decisions when facing a credible and apparent for. Sorry about the ramble. 😁 Good chatting. 👍
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  548. ​ @protorhinocerator142  I wouldn't say that it was an outcome of socialism at all. The energy decisions in Germany have been highly influenced by Russian propaganda. Russia has since the end of the Cold War been waging a propaganda war against nuclear power. Russia is a major exporter of hydrocarbons and nuclear power reduces demand for oil and gas. Russia wants Europe to be dependent on Russia for political reasons. Lavrentiy Beria when head of the NKVD (later the KGB) famously asked Soviet scientists to come up with reasons why nuclear technologies were bad in order to scare the West from using them - they theorised that nuclear war could cause a Nuclear Winter, but there has never been any validation of this concept, yet politically it worked. Later the German Green Party was heavily influenced by Russian propaganda and likely funded by them too. They essentially condemn all forms of carbon emissions without providing any alternative solutions. IMHO their energy policies are completely unrealistic and will impoverish Germany. Thankfully support today for the Green Party is fast falling. The EU has recently also made it impossible to build any new nuclear power plants by making it a requirement for there to be absolutely ZERO risk from a nuclear facility regardless of circumstances. I am sure any fool could think of many situations which could pose some risk. The EU has used covert ingenuous bureaucratic means to completely halt the construction of any new nuclear reactors in all of the EU. (As an aside, I used to live in Germany and find it very interesting how, up until now at least, they are probably more easily influenced by such propaganda than most other countries. A German national trait is that they are extremely law abiding and love rules/laws. All that is required to get the German people to do something is to enshrine it in law. The Russians managed exactly this with Net Zero, while also getting them to reject nuclear energy!) All the best.
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