Peter is the Jim Cramer of geopolitics, seldom right never in doubt.
People have been predicting the collapse of China every year for the past 20 years. There are some valid points, but their system is completely different from ours, which is why most of these analysts never get it right.
As an electrical contractor I can tell you the shortage of electrical distribution equipment started 4 years ago and hasn’t came back. Most electrical equipment sold in the U.S. today is made in America and Mexico.
The problem is, when one speaks about transformers, there’s more than meets the eye.
My main concern is how we will navigate the ongoing financial and political crises, especially the power struggle in the United States. The government has created significant challenges for its citizens, and we can not passively accept the consequences of poor governance.
I like this channel because I find it amazing someone can be consistently wrong and this confident.
I went to Miami after Hurricane Andrew to do roofing. After driving around the city and many of its suburbs, I thought it would take between 5-10 years for it to recover. It was basically rebuilt in 9 months. Free enterprise will surprise Mr Zeihan.
Don't know about China but here in the US, gym membership is pretty important if you're homeless. It's where you shower.
Electrical engineer here. Transformers come from US, Canada, Mexico. Electrical steel insides comes from US or Canada. The wire is manufactured in us or canada. Wire materials are aluminum and copper. Not too long of a supply chain. I wouldnt worry about transformers. Switchgear seems to be the hardest to get with the longest lead times.
He’s still talking about the same old crap. I used to think this was important but it’s not. He just likes making videos about this and wearing sunglasses.
People who think the US can rapidly start manufacturing what it needs within its border remind me that this is the Age of Instant Gratification. People want everything NOW, but that's not how it works.
But Peter told me China collapsed 15 years ago
I don't watch Peter's videos for an objective and serious analysis of the world, but instead to gain an insight into the pragmatic American nationalist's perspective on geopolitics.
Well, I haven't watched the video as I'm never really sure that he knows what he's talking about. But the comments are always fun. 😆
I have searched for experts on geopolitics, economics, psychology, governments, physics, and geography all over U.S. University campuses and didn't find very many. All I had to do was go to the YT comments section to find the World's experts in everything. So many experts.
Would like to come back to this video 3-5 years from now :)
I've been in China for the past 12 years. The development in NE China has been outrageous. I've seen the development. Macro-economics, I can't talk about that as I don't give a F. I only care about my economy and what China provides me.
I am pretty sure Zeihan produces this content as "copium", and realized that it makes good money to tell people that all will be fine. He seems like a bright guy, so I don't think he actually believes all of this.
Zeihan analysis have great comedic value.
@vaticinus