The affirmative side (especially Zeihan) did a good job of laying out America's structural advantages in a way that the against side never answered beyond bird-brained debt panic. After all, the motion was "bet on America" not "America has no serious issues." It's obvious that affirmative's arguments have aged far better.
@@monkeeseemonkeedoo3745 It's Oct 2024 and I'm revisting this video. China's economy is declining, two wars are raging, the stock market is booming with almost record P/Es, and we're in the last few weeks of a contentious presidential election. I'd still bet on America every day and twice on Sunday.
I feel like the Canadian woman was having her own argument with her own opinions and own goals and wasn't really engaging on whether or not America is actually in decline.
Not sure if I was always convinced by his arguments, but Peter Zeihan was a really engaging speaker. Though she made some strong points, the spurious sexism claim made by Chrystia Freeland against her opponents was not justified by the situation and damaged her credibility. Overall this was just a strange debate because it lacked focus. I'm not sure they ever defined what "decline" even meant in this context. DAT RAP THO.
1:15:00 what? The question was what advantages does the U.S. have that are not dependent on the state of its economy. Navigable water ways is a highly relevant point. The moderator simply forgot the question.
That moderator is completely self-absorbed. I caught that too, and thought it was totally unfair. I wish Peter would have stood up for himself a little better there.
The Canadian Lady was gaining my respect as a good debater then she plays the sexism card against the mod who was doing exactly what he does to every debater and that was it for me. She lost all respect and credibility for me as a intelligent debater.
She embodies everything wrong about modern day politicians and journalism. Hysterical, overly hostile, disingenous, and fallacious. Hope she has grown wiser now that she's in charge of Canada's foreign affairs and potentially NATO but this was a bad impression of her.
Rickards is right about our debt problem, but what he's not taking into consideration is that everywhere has not only the same problem. Canada, Europe, China, etc all have huge bubbles that vastly exceed the size of ours (relative to the size of their economies). Sure people might want to run out of the theater, but where would they run to?
The thing about that that I never see addressed is how the USA itself owns the lion's share of that debt. To my understanding It's like saying you're in debt when you spent 20$ on your own vending machine, or for lending 20$ to your wife/husband but it's still under the same roof.
@@supercalifragic1551 you just destroy your own currency in the process and create an inflationary environment, but this is the route the Fed has chosen. The Fed has doused the capital system with so much combustible material, a wildfire event not seen since 1929 is bound to happen. You can only keep volatility low for so long, the laws of thermodynamics ultimately will catch up to us.
Yes but we have a duty not to inflate our currency since its the world reserve, if it any moment we lose that status our money becomes worthless because our actual production has dropped so much, Peter is living in a fantasy world becuase he has not taken into account our ruling class, america has by far the worst elite class of any place on earth they care not what happens to their own citizens which is why the borders are wide open and ohio is a toxic land fill
Canada, like much of the world, is in decline because of its demographics and socialist tendencies. Giving people too much "stuff" for free stifles motivation and eventually you'll deincentivize the productive people as governments are forced to take more and more of their money to fulfill promises made to the unproductive.
She's just a liberal arguing for open borders. Sergei Bryn and most other Silicone Valley entrepreneurs were not ILLEGAL immigrants. He and his family came to the US under a specific provision for immigration from the Soviet Union of religious minorities (like Jews and Protestants). You know, that old thing, where Congress actually debated a law and passed it, not just hands out passports to whoever goes over or under the fence.
I feel like the debate really missed the major point. The question isn’t whether America is in decline. The question is whether you should bet on America. In this regard, it was more clearly argued that nowhere else is a good bet, and even if the bet for America isn’t as good as it could be, it is a much better bet than any other you could make. That was clearly shown by the for side. It was unfortunate that the against side kept going on about decline and decline only. Decline in relation to others’ declines and others’ rises is the important point to focus on and even in a Chinese rise, or a Russian rise, there is little fear that they’ll overturn the American hegemony.
James Rickards is just too damn good. the old guy and the girl can't even keep up. this debate would have been great if it was just rickards and peter.
My wife and I have seven children all boys ,the last 2 through IVF in 2008...Last try for a girl...:)..We live in western NC USA...We thrive ,each year a little better than the last...My friends in Europe have one or two children,pay more for everything and make less money.....My European friends dread the future,we look forward to it...........And that's what matters..........
@@jensfath4464 oh come on, he just babbles the same spiel everywhere he goes and it's all nonsense. i love the new 'absent superpower' stuff, hilarious.
@@teriandbarryraymond2990 it hasn't, there are no signs of the US leaving the world stage. nor could it do so if it wanted to, not much is made in America any more.
I’m surprised rickards argument was so weak. The 787 example was ridiculous it absolutely was an improvement in so many area of aviation in fuel savings, aerodynamics, and advanced materials
Government gridlock was the point of American model. The Forefathers did not want a vibrant, effective federal government. The USA has becoming decreasingly capitalist and more centralized. Centralization does not work with a diverse population. Regulations, inflation, and taxes are stifling American business.
Fully agreed, but we are still pretty far ahead of the rest. China may not have regulations to deal with, but they are completely dependent on flimsy banking and exports, which the USA could decide to stop buying.
53:10 "america is pulling ahead and that is with a trading system that has not benifited us. God forbid we have a bad hair day." This guy can either see the future or has traveled from it and is referencing Trump XD. This debate is great stuff to (re)watch in 2018 three years after it was published. Astounding to see the relevance in 2018 of many of the things they said (on both sides).
He's the leading expert on geopolitical relations and has forecast with incredible accuracy numerous geopolitical events. Venezuela's collapse, the issues in the middle East. The collapse of the EU. Russia's expansion efforts. Mexico's growth and the effects and direction of it's drug war.
@@hermeticascetic yeah Peter's disgustingly good. His field is so full of dinosaurs so invested in globalism that they don't see the writing on the walls. No malice towards other just saying that perhaps Peter's fresh eyes give him some perspective
@@hermeticascetic Oh Yes and he is bang on, Your country is a rock star compared to third world nations lol. No picking through garbage for food for your poor, it's right to the shelters....congratulations on your stock market recov....oh dam it's crashing!
I was puzzled when Freeland actually offered a REAL alternative to the US$. For all that I hear people saying the dominance of the $ is at it's end, they never seem to have a viable alternative to offer. But Freeland offered the IMF backed SDR's. So I went and looked. It turns out the SDR's are an abstract 'currency' which is BACKED BY a basket of currencies including the Dollar, Euro, Renminbi, Yen and Pound. Does anyone actually think that if the dollar tanks, those other currencies and therefore the SDR won't also be circling the toilet at the same time? I guess no one still has a viable alternative to offer....
there is literally no alternative to the USD there is too much wealth in the world for it to be backed by Gold, Silver, or anything like that No other country has the stability, size, and will to have their currency in the top spot since it hands a good deal of power over how much the currency is worth over to the rest of the world (hence why China actively caged in their currency.. among other reasons) The Euro is the only one on paper that checks all the boxes.. and it's a currency block that only came into actual use 19 years ago in 2002... And it's blown out of the water by the fact that the US consumer market is larger than the EU, China, and Japan's combined... So... I highly doubt we'll see a viable alternative for quite a few decades until the Euro matures (this is assuming the European economy doesn't stagnate due to population decline... and no one else brexits...)
She misses in her comparison of the industrial revolution and the tech revolution: The industrial revolution had a high demand for labor, and the tech revolution has a high demand for technically educated. American education's problem is that we compare ourselves to the rest of the world, but we are the only country trying to push every kid into universities. The liberal approach to educating the poor refuses to admit that they are starting from a lower position, and we refuse to hold them back when they are not ready to move forward. She's wrong about the middle class mobility. I have a former student who was raised by his grandmother, never knew his dad and his mom died of a drug overdose. I taught in an alternative school and he was just one of a hundred angry young black men there. He spent several years in prison, but while there wrote our school asking for a book I used in class. I was gone, but they called me and I sent him the book. (The book was Victor Frankl's Man's Search for Meaning) Charles made some decisions in prison: To give his life to God, to get his education in jail, and to never return when he got out. Today he is a dear friend. His daughter attended my school, he was a very engaged and helpful parent, and runs a hotdog business. In fact he owns four restaurants, works with kids to keep them out of trouble. The point of the story is HE MADE A CHOICE. With everything against him he worked with what he had. What they call gridlock is the fact that our government represents a wide range of ideas and beliefs, and it by nature designed to be a slow process.
There is no such thing as "moral power." That's an illusion. There is economic, cultural, and military power. MOrality is an individual thing, not a collective one.
5 years later. first time viewing this....pointing fingers when she shud spend time on her own country! Annoying person and i hear it gets worse. Really she is now our PM's right hand woman. We Canadians are doomed with her at our helm.
I agree. Hes an excellent debater. I wish he would write a new speech/book because it's always the same with him. He is definitely the best communicator on stage
@@moviola12 Except a lot of his predictions have happened which is why he has the credibility he does. Infering something is wrong because it happens to sound good is not an argument.
The debate now convinces me of the issues that America needs to solve and the hard work it has to do keep rising. It’s fairly convincing for me that America is not in decline but it’ll take some work to keep it growing. Also this aged so well in 2022
One side was talking about whether the quality of life declined for the average American and the other was talking about whether American power as a whole has declined. In other words the state of individual American vs country as a whole. They are both right American power is a increasing as a country but the quality of life is decreasing for the average American.
@@redqwertyu but the quality of life for even the poorest americans is but a dream for many in third world. America still has a meritocracy alongside the oligarchy, buts it's 3asoer to be a victim and demand handout from the oppressive government that is 'destroying their lives'
Rickards says the world won’t use dollars, yen, yuan, euros but SDRs. That really shows his ignorance that SDRs are literally made up of those currencies
you forgot the part where they found systemic racial bias in the entire criminal justice system in Ferguson, how convenient that you didnt mention it, i wonder why
The problem as an outsider I’ve seen with America is they are never firing on full cylinders. The politics are messy, population unhealthily and often have wobbly intuitions. But it’s because as a country with fundamentals such as geography, demographics common law, etc that it can get away with being stupid. America’s like that friend who never trains but always some how is the ace because of natural gifts. And also America’s like to complain and wear all their problems in the open, making the optics look worse then it is.
It’s also their propaganda… they look fat and stupid but never show the second largest pop of 100+ year olds and dominate the top 50 colleges around the world. It’s like sun Tzu said… if you’re strong make the enemy think you’re weak.
The bald gentleman sure was wrong about New York Cities policing policies since then. Stop and frisk was abolished and since NY has adopted very lax policing and bail reform policies that have made NY into a dangerous and scary city. The crime and violence are worse here than it has been in decades with the liberal law enforcement philosophies.
The US government of the US was designed to be ineffective. In the US the People (Citizens) have the power, backed by foundational law and our military - unlike Canada, who is still owned by the Queen of England. The people of Western Canada are more like Americans and are welcome to join this "declining" country.
Government IS the citizens- at least it's supposed to be. That's what "government of the people, by the people, and for the people" means. So if you're asking for ineffective government, you're asking for an ineffective citizenship. And I mean a democratically elected government which is what the US government is. Another way to call a strong government is to describe a strong collective of people. The wealthy want weak government so that the masses can be more easily manipulated and controlled and less effective and overlooking what wealthy individuals or industries want to do. Foreign governments also like a weak American government as do foreign corporations. You Americans are SO brainwashed into being anti-government as if government were some other entity because the wealthy want you to vote away your own power. Yes, government is bad.....FOR THEM! The government is YOU. It's like a co-op. As a group united in numbers, there is strength and affordability (like in insurance). The military is the government, unless it is a private company.What people may be angry about is when the politicians and representatives are infiltrated and bribed by industry, lobbyists and wealthy interests. What Americans need to do if the government is no longer by-of-and for the people is REFORM it, then strengthen it, not make is smaller, or weaker. Individuals cannot defend themselves against big banks and huge corporations or foreign governments. Individuals- the little guys need each other.That's government. The media, especially the right wing media has turned you against the idea of government because they have bought and control the news outlets. Government is basically a place where groups of people (YOU the people) collectively choose a representative or a 'messenger' to go to Washington for you so that you don't have to disrupt your daily living. When a people are turned against their own government and against each other (as little people) the house will fall. It's like being turned against your own lawyer. Your lawyer represents YOU! If you don't trust your own lawyer, then your opponent has won half the battle. That what a government representative is, he represents YOU. This is how one conquers. You divide first. Then you conquer. Get reconnected with your government and empower yourselves. United you will stand. Improve communications between your representatives and each other so that you can make sure you are all on the same page. Small weak government if it is your government is suicide. If you feel disconnected from your 'messengers' then reconnect with them and then strengthen them. You are collectively strengthening yourselves so you can fight the multinational corporations, and big banks and billionaires out there (many of them foreign) and protect your jobs, wages, resources or whatever you need to keep growing. By the way, the Queen doesn't even have a say in England let alone in Canada.
Vondur oh, she lost me WAY before.... "democratic capitalism", "work hard and play by the rules", "washington gridlock", "climate change", "Immigration action", Government to act"... Not a half sentence without an Obama talking point. Brrr.
that was a low blow. glad the other side was not thrown off by that. all throughout the debate, all she did was state that america is in a moral decline, even that she could not persuade me to agree with because as the other side stated, sure america may be in a moral decline, but so is the rest of the world, so again, american superiority is ensured.
American immigration is going to shift rapidly. Give us your tried and true huddled masters degree holders. Hard science PhDs come on over, we have a special place for this tax paying demographic. All you need do is join the PTA, and shop till you drop.
After watching this Canadian journalist turned politician attempt to debate and the Canadian rapper attempt to... do something, I have to wonder, does anything good ever come out of Canada?
The Declinists should have compared itself vrs itself. Say compare stats during Reagan or Kennedy era vrs today and the projections ahead...Snarky "better than you "Canadian...sigh so common
4 роки тому+1
That chick was awful. I can't even listen and walk..
She complains about gridlock but clearly does not understand american politics. She says twice as hard to get legislation is passed but doesn't talk about the increase in legislation trying to be passed. Canada has most foreign born but it has no where near the population we have. It's like comparing it to a state in america and that's what these nation caparisons need to take into place.
This complaint that there aren’t enough jobs for young people is a mute point when you understand the boomers will die The biggest generation needs to be replaced by a smaller one ergo less people pursuing less jobs
If your a generation Y they are basically saying you are not doing enough civil rights activism to make us think america is not in decline. Truth is we where in an economic down turn. the whole world was. Once we are out and the younger generation has stable growing incomes you will see them achieve a lot.
1:00:00 "Don't talk over women?". Man up already!!!🤔🤓😂🇺🇸 1:13:13 Americans embrace legal immigration. Nicola Tesla, Sergey Brin, etc. MS13 gang members not so much.
Every single one of Freeland's points can be echoed back in her own country of Canada, and pretty much every other developed country. And of course, those other developed countries do not have the same advantages in technology, military, economy, soft power, etc.
Not the murder rate and average violence. Other western nations are very low on this number. The same could be said about opioids. Only the US, among developed nations, were affected to such an extent.
"And that assumes we continue to maintain the structure, after 30 years of it not benefitting us. God forbid we have a bad hairday" Sweet lord jesus, as an atheist I never thought I would be saying these words, but thank you for sending us a prophet to guide us in these strange times.
Sarah Palin is kinda charming in the Alaskan Grandma kind of way, while this woman is more like the rabid soccer mom who gets angry at everything and thinks everyone is sexist when really it's just that every one hates her.
The people who are against it argue that it got bigger and better and did not decline but that it increases our risk of a cascade..... which is it.. are we growing or not. We are amazing. It is only getting better. Education goes down but we still get richer.
I think the prompt was vague enough for people to take advantage of and drive it their own way. The Canadian PM took as “Has America declined relative to its peak” and the affirmative side took as “Bet on America because it is still better than everywhere else”. This is one of those SAT questions where you have to choice the “most right answer” based on your understanding of the question.
The affirmative side (especially Zeihan) did a good job of laying out America's structural advantages in a way that the against side never answered beyond bird-brained debt panic. After all, the motion was "bet on America" not "America has no serious issues." It's obvious that affirmative's arguments have aged far better.
Almost 2023, and looking at the economies around the world now, the decisive aid to Ukraine, the success in space, Zeihan continues to age well
@@monkeeseemonkeedoo3745 It's Oct 2024 and I'm revisting this video. China's economy is declining, two wars are raging, the stock market is booming with almost record P/Es, and we're in the last few weeks of a contentious presidential election. I'd still bet on America every day and twice on Sunday.
I feel like the Canadian woman was having her own argument with her own opinions and own goals and wasn't really engaging on whether or not America is actually in decline.
Not sure if I was always convinced by his arguments, but Peter Zeihan was a really engaging speaker. Though she made some strong points, the spurious sexism claim made by Chrystia Freeland against her opponents was not justified by the situation and damaged her credibility. Overall this was just a strange debate because it lacked focus. I'm not sure they ever defined what "decline" even meant in this context.
DAT RAP THO.
1:15:00 what? The question was what advantages does the U.S. have that are not dependent on the state of its economy. Navigable water ways is a highly relevant point. The moderator simply forgot the question.
That moderator is completely self-absorbed. I caught that too, and thought it was totally unfair. I wish Peter would have stood up for himself a little better there.
The Canadian Lady was gaining my respect as a good debater then she plays the sexism card against the mod who was doing exactly what he does to every debater and that was it for me. She lost all respect and credibility for me as a intelligent debater.
I'm gonna guess that he committed the sin of interrupting a women. smh
Okay but how about the tyrant card she pulled out today
She's been doing that her entire career, and it got her the finance minister job in Canada. She's a hack
@DarkErminia Chrystia Freeland has been intelligent actually, so while not ideal I think she is competent
She embodies everything wrong about modern day politicians and journalism. Hysterical, overly hostile, disingenous, and fallacious.
Hope she has grown wiser now that she's in charge of Canada's foreign affairs and potentially NATO but this was a bad impression of her.
Wow... She IS a politician. Two points: one, ramble ramble. Two, rally cry
And Oh yeah, economy, jobs, and I'm not done
***** so it wouldn't have been sexist if a man was speaking like a politician and I quoted him? That's some pretty raunchy hypocrisy there
***** Lmfao well I feel like a boob
Your a MP no your a MP no your a MP no your a MP!
This video has aged like fine wine
Aged even finer seeing how correct Peter Zeihan was regarding Russia throughout his predictions from 2017
Lmao at the woman yelling, "Don't be sexist and talk over me!" and then 20 seconds later, she yells over the moderator.
And gets longer to make her point ever time it is her turn.
GO U.S.A.
she can’t be Canadian.
text book 3rd wave feminist
its because women are fragile. and if you can't take care of her, then you either are another woman or gay (i.e. another type of woman)
Rickards is right about our debt problem, but what he's not taking into consideration is that everywhere has not only the same problem. Canada, Europe, China, etc all have huge bubbles that vastly exceed the size of ours (relative to the size of their economies). Sure people might want to run out of the theater, but where would they run to?
The thing about that that I never see addressed is how the USA itself owns the lion's share of that debt. To my understanding It's like saying you're in debt when you spent 20$ on your own vending machine, or for lending 20$ to your wife/husband but it's still under the same roof.
@@supercalifragic1551 you just destroy your own currency in the process and create an inflationary environment, but this is the route the Fed has chosen. The Fed has doused the capital system with so much combustible material, a wildfire event not seen since 1929 is bound to happen. You can only keep volatility low for so long, the laws of thermodynamics ultimately will catch up to us.
I'd love to hear what he has to say about debt levels after the COVID spending spree assuming he's still with us.
It all largely comes down to what currency the debt is denominated in and who accumulates the most gold with their inflating currencies.
Yes but we have a duty not to inflate our currency since its the world reserve, if it any moment we lose that status our money becomes worthless because our actual production has dropped so much, Peter is living in a fantasy world becuase he has not taken into account our ruling class, america has by far the worst elite class of any place on earth they care not what happens to their own citizens which is why the borders are wide open and ohio is a toxic land fill
`And the winner of the debate: Peter Zeihan. He did a masterful job.
Freeland has persuaded me to the opposite position from which she was arguing.
No wonder Canada is in decline.
Damn I love this comment.
Canada, like much of the world, is in decline because of its demographics and socialist tendencies. Giving people too much "stuff" for free stifles motivation and eventually you'll deincentivize the productive people as governments are forced to take more and more of their money to fulfill promises made to the unproductive.
She's just a liberal arguing for open borders. Sergei Bryn and most other Silicone Valley entrepreneurs were not ILLEGAL immigrants. He and his family came to the US under a specific provision for immigration from the Soviet Union of religious minorities (like Jews and Protestants). You know, that old thing, where Congress actually debated a law and passed it, not just hands out passports to whoever goes over or under the fence.
I feel like the debate really missed the major point. The question isn’t whether America is in decline. The question is whether you should bet on America.
In this regard, it was more clearly argued that nowhere else is a good bet, and even if the bet for America isn’t as good as it could be, it is a much better bet than any other you could make. That was clearly shown by the for side.
It was unfortunate that the against side kept going on about decline and decline only. Decline in relation to others’ declines and others’ rises is the important point to focus on and even in a Chinese rise, or a Russian rise, there is little fear that they’ll overturn the American hegemony.
To be fair the premise of the debate was sort of thriveless to begin with. The decline argument was the only angle they had.
Indonesia, Mexico, Uruguay are all good bets.
@@mintymendicant1929 hahahah
I like peter's points
I bet you do
James Rickards is just too damn good. the old guy and the girl can't even keep up. this debate would have been great if it was just rickards and peter.
Peter Zephaniah puts American exceptionalism in perspective. America isn't perfect, but is free and outstanding !
My wife and I have seven children all boys ,the last 2 through IVF in 2008...Last try for a girl...:)..We live in western NC USA...We thrive ,each year a little better than the last...My friends in Europe have one or two children,pay more for everything and make less money.....My European friends dread the future,we look forward to it...........And that's what matters..........
People like you are the reason america is going to thrive in the future, god bless america
I only found Peter and James to be intelligent
GO U.S.A.
Peter is a very intelligent man. Imagine him to be a real political decision maker.
@@jensfath4464 oh come on, he just babbles the same spiel everywhere he goes and it's all nonsense. i love the new 'absent superpower' stuff, hilarious.
@@Withnail1969 This debate was 5 years ago. Peter's future has held true more than the others.
@@teriandbarryraymond2990 it hasn't, there are no signs of the US leaving the world stage. nor could it do so if it wanted to, not much is made in America any more.
I’m surprised rickards argument was so weak. The 787 example was ridiculous it absolutely was an improvement in so many area of aviation in fuel savings, aerodynamics, and advanced materials
Government gridlock was the point of American model. The Forefathers did not want a vibrant, effective federal government.
The USA has becoming decreasingly capitalist and more centralized. Centralization does not work with a diverse population. Regulations, inflation, and taxes are stifling American business.
Fully agreed, but we are still pretty far ahead of the rest. China may not have regulations to deal with, but they are completely dependent on flimsy banking and exports, which the USA could decide to stop buying.
gideondavid30 still the most decentralized major nation
Watching in 2020 how peter and James roasted the other two lol dang this guys are pro!!, hope everyone is also enjoying this debate in 2025 as well.
53:10 "america is pulling ahead and that is with a trading system that has not benifited us. God forbid we have a bad hair day." This guy can either see the future or has traveled from it and is referencing Trump XD. This debate is great stuff to (re)watch in 2018 three years after it was published. Astounding to see the relevance in 2018 of many of the things they said (on both sides).
He's the leading expert on geopolitical relations and has forecast with incredible accuracy numerous geopolitical events. Venezuela's collapse, the issues in the middle East. The collapse of the EU. Russia's expansion efforts. Mexico's growth and the effects and direction of it's drug war.
@@hermeticascetic yeah Peter's disgustingly good. His field is so full of dinosaurs so invested in globalism that they don't see the writing on the walls. No malice towards other just saying that perhaps Peter's fresh eyes give him some perspective
Go check out his recent talks. Basically "yup."
Read both his books he was writing the same stuff long before trump
@@hermeticascetic Oh Yes and he is bang on, Your country is a rock star compared to third world nations lol. No picking through garbage for food for your poor, it's right to the shelters....congratulations on your stock market recov....oh dam it's crashing!
Stop speaking over me!
Well, say something worth hearing.
But your being sexist. Reeeee
I definitely bet on America. It is the strongest power with the brightest future.
this girl is complaining about the US not going to war against russia when she would be the first person complaining if they actually did
Peter is really above the intellectualism that the rest of these debators are.
I was puzzled when Freeland actually offered a REAL alternative to the US$. For all that I hear people saying the dominance of the $ is at it's end, they never seem to have a viable alternative to offer. But Freeland offered the IMF backed SDR's.
So I went and looked. It turns out the SDR's are an abstract 'currency' which is BACKED BY a basket of currencies including the Dollar, Euro, Renminbi, Yen and Pound. Does anyone actually think that if the dollar tanks, those other currencies and therefore the SDR won't also be circling the toilet at the same time? I guess no one still has a viable alternative to offer....
there is literally no alternative to the USD
there is too much wealth in the world for it to be backed by Gold, Silver, or anything like that
No other country has the stability, size, and will to have their currency in the top spot since it hands a good deal of power over how much the currency is worth over to the rest of the world (hence why China actively caged in their currency.. among other reasons)
The Euro is the only one on paper that checks all the boxes.. and it's a currency block that only came into actual use 19 years ago in 2002...
And it's blown out of the water by the fact that the US consumer market is larger than the EU, China, and Japan's combined...
So... I highly doubt we'll see a viable alternative for quite a few decades until the Euro matures (this is assuming the European economy doesn't stagnate due to population decline... and no one else brexits...)
"Superpowers are not allowed to decline"
Hon. We're a SuperPower, hell we're *the SuperPower*. If we decline you don't get a vote in the matter.
She wasn't voting, she was pointing out that it's part of the self-image of superpowers that they cannot and are not supposed to decline.
@@MatthewMcVeagh pretty sure that’s the goal of most if not every country in the world
@@blancavelasquez9859 What I was talking about was not a goal so your words don't make much sense to me.
Poor woman was destroyed during the Trade talks RIP CANADA.
For a Harvard grad, she isn't very smart. What'd she get her degree in, gender studies?
She received her Bachelor of Arts degree in Russian history and literature.
The Stanford guy is a schmuck and and your "isn't very smart " comment shows your own elitist conceits.
hg2 Elite conceits he’s attacking a women who went to Harvard not a factory worker
I kinda agree, her points were undeveloped, somewhat trite
what a sexist comment, gross
She misses in her comparison of the industrial revolution and the tech revolution: The industrial revolution had a high demand for labor, and the tech revolution has a high demand for technically educated. American education's problem is that we compare ourselves to the rest of the world, but we are the only country trying to push every kid into universities. The liberal approach to educating the poor refuses to admit that they are starting from a lower position, and we refuse to hold them back when they are not ready to move forward.
She's wrong about the middle class mobility. I have a former student who was raised by his grandmother, never knew his dad and his mom died of a drug overdose. I taught in an alternative school and he was just one of a hundred angry young black men there. He spent several years in prison, but while there wrote our school asking for a book I used in class. I was gone, but they called me and I sent him the book. (The book was Victor Frankl's Man's Search for Meaning) Charles made some decisions in prison: To give his life to God, to get his education in jail, and to never return when he got out. Today he is a dear friend. His daughter attended my school, he was a very engaged and helpful parent, and runs a hotdog business. In fact he owns four restaurants, works with kids to keep them out of trouble. The point of the story is HE MADE A CHOICE. With everything against him he worked with what he had.
What they call gridlock is the fact that our government represents a wide range of ideas and beliefs, and it by nature designed to be a slow process.
There is no such thing as "moral power." That's an illusion. There is economic, cultural, and military power. MOrality is an individual thing, not a collective one.
@UTubeFekUrself Soft power is cultural power.
5 years later. first time viewing this....pointing fingers when she shud spend time on her own country! Annoying person and i hear it gets worse. Really she is now our PM's right hand woman. We Canadians are doomed with her at our helm.
damn peter zeihan is good
Because he is telling you what you want to hear.
I agree. Hes an excellent debater. I wish he would write a new speech/book because it's always the same with him. He is definitely the best communicator on stage
@@moviola12 ...and that makes it wrong? He's built a strong career in analyzing geopolitics for a reason.
@@jon00769 YES. Smart people have a hard time separating time what is true and what they wish was true.
@@moviola12 Except a lot of his predictions have happened which is why he has the credibility he does. Infering something is wrong because it happens to sound good is not an argument.
The debate now convinces me of the issues that America needs to solve and the hard work it has to do keep rising. It’s fairly convincing for me that America is not in decline but it’ll take some work to keep it growing. Also this aged so well in 2022
Both sides were clearly arguing for very different things. Why wasn't this pointed out by anyone
debates are sort of a stupid way to get an argument across, it favors good speakers instead of good ideas
I actually think one side was debating wether there was gonna be a depression and the otherwise was arguing so what
@@evan448 not saying that I'm not on their side, but I sure as hell hope the so what guys are right pretty soon
One side was talking about whether the quality of life declined for the average American and the other was talking about whether American power as a whole has declined. In other words the state of individual American vs country as a whole. They are both right American power is a increasing as a country but the quality of life is decreasing for the average American.
@@redqwertyu but the quality of life for even the poorest americans is but a dream for many in third world.
America still has a meritocracy alongside the oligarchy, buts it's 3asoer to be a victim and demand handout from the oppressive government that is 'destroying their lives'
Rickards says the world won’t use dollars, yen, yuan, euros but SDRs. That really shows his ignorance that SDRs are literally made up of those currencies
One side is arguing morality, One side is arguing empirically
"Hands up don't shoot" ? The officer was cleared with bystander testimony.
you forgot the part where they found systemic racial bias in the entire criminal justice system in Ferguson, how convenient that you didnt mention it, i wonder why
@@emilyherman4483
Then should not he entire criminal justice susem be defunded?
That certainly didn't age well.
Omg that’s the Freeland Peter talks about betting in a debate in all of his talks 😂
The Canadian lady needs to work on being likable to win the audience over...
If her feminism allows for that possibility.
That rap at the end was cringeworthy.
I felt trapped by it
I'm glad I wasn't there and that I'm able to watch this via youtube so as to be able to skip the rap at the end.
lmaooooo im sooooo glad she was negotiating for us on nafta
knowing how the voting system works I am wondering how many people make a strategic first vote to sway the outcome
I was literally just thinking that
"Don't be sexiest and speak over women's voices" the moment the victim's side lost.
1:13:26 I'd call that joke of the century.
I think immigration is one of largest strengths. and yeah, we could be better, but shit we're a lot better at it than the rest of the world.
21 minutes in: All were LEGAL immigrants who went through the official process. Not one of them arrived without a work visa.
Still a valid claim. China and most other countries couldn't pull that off but the US will likely continue to.
The rap at the end was bad.
The problem as an outsider I’ve seen with America is they are never firing on full cylinders. The politics are messy, population unhealthily and often have wobbly intuitions. But it’s because as a country with fundamentals such as geography, demographics common law, etc that it can get away with being stupid. America’s like that friend who never trains but always some how is the ace because of natural gifts. And also America’s like to complain and wear all their problems in the open, making the optics look worse then it is.
It’s also their propaganda… they look fat and stupid but never show the second largest pop of 100+ year olds and dominate the top 50 colleges around the world. It’s like sun Tzu said… if you’re strong make the enemy think you’re weak.
I can't believe I wore Peter Zeihan's suit to my prom...
I don't know who that chick was but she had no idea what she was saying. I don't even think she knew where she was.
Peter is the best. He is the most competent guy of all.
Looooove all the butthurt emanating from the Euros, Canucks, and Chinese in these comments.
The bald gentleman sure was wrong about New York Cities policing policies since then. Stop and frisk was abolished and since NY has adopted very lax policing and bail reform policies that have made NY into a dangerous and scary city. The crime and violence are worse here than it has been in decades with the liberal law enforcement philosophies.
>Let me talk im a woman
My Lord
The US government of the US was designed to be ineffective. In the US the People (Citizens) have the power, backed by foundational law and our military - unlike Canada, who is still owned by the Queen of England. The people of Western Canada are more like Americans and are welcome to join this "declining" country.
Government IS the citizens- at least it's supposed to be. That's what "government of the people, by the people, and for the people" means. So if you're asking for ineffective government, you're asking for an ineffective citizenship. And I mean a democratically elected government which is what the US government is. Another way to call a strong government is to describe a strong collective of people. The wealthy want weak government so that the masses can be more easily manipulated and controlled and less effective and overlooking what wealthy individuals or industries want to do. Foreign governments also like a weak American government as do foreign corporations. You Americans are SO brainwashed into being anti-government as if government were some other entity because the wealthy want you to vote away your own power. Yes, government is bad.....FOR THEM! The government is YOU. It's like a co-op. As a group united in numbers, there is strength and affordability (like in insurance). The military is the government, unless it is a private company.What people may be angry about is when the politicians and representatives are infiltrated and bribed by industry, lobbyists and wealthy interests. What Americans need to do if the government is no longer by-of-and for the people is REFORM it, then strengthen it, not make is smaller, or weaker. Individuals cannot defend themselves against big banks and huge corporations or foreign governments. Individuals- the little guys need each other.That's government. The media, especially the right wing media has turned you against the idea of government because they have bought and control the news outlets. Government is basically a place where groups of people (YOU the people) collectively choose a representative or a 'messenger' to go to Washington for you so that you don't have to disrupt your daily living. When a people are turned against their own government and against each other (as little people) the house will fall. It's like being turned against your own lawyer. Your lawyer represents YOU! If you don't trust your own lawyer, then your opponent has won half the battle. That what a government representative is, he represents YOU. This is how one conquers. You divide first. Then you conquer. Get reconnected with your government and empower yourselves. United you will stand. Improve communications between your representatives and each other so that you can make sure you are all on the same page. Small weak government if it is your government is suicide. If you feel disconnected from your 'messengers' then reconnect with them and then strengthen them. You are collectively strengthening yourselves so you can fight the multinational corporations, and big banks and billionaires out there (many of them foreign) and protect your jobs, wages, resources or whatever you need to keep growing. By the way, the Queen doesn't even have a say in England let alone in Canada.
1:00:00 pull out the sexist card. Has nothing to do with your sex. Has everything to do with you being wrong
Don’t expect a woman to be capable of accountability
Uggghhh the sexist comment... just uuggghhhhh.
She lost me when she brought up Ferguson.
Vondur oh, she lost me WAY before.... "democratic capitalism", "work hard and play by the rules", "washington gridlock", "climate change", "Immigration action", Government to act"... Not a half sentence without an Obama talking point. Brrr.
Vondur Why because it is true.....
I'm pretty sure Rickard's agrees more with the other side than her
that was a low blow. glad the other side was not thrown off by that.
all throughout the debate, all she did was state that america is in a moral decline, even that she could not persuade me to agree with because as the other side stated, sure america may be in a moral decline, but so is the rest of the world, so again, american superiority is ensured.
pete has like 6 platitudes, if you watch 2 videos you have heard his whole schpiel
Does that make his claims false?
Well his free schpiel anyways. He charges for the indepth info, as it's his career.
Because shes a woman she was attacked with sexism.
Well if you measure US share of global GDP, america (USA) is in declince for the last 2 decades. (both in nomial and PPP terms).
Those numbers reflect more the rise of mediocre economies than a decline in American economic production.
Have this debate with an audience that actually represents the median income in the U.S. and see what conclusion they come to...
That rap was totally unnecessary
bet on america, because we're the only ones that will tolerate insults.
Good point about the 17 of the top 20 universities being in the US, but how many Americans can go to them, and where do they place in their class?
American immigration is going to shift rapidly. Give us your tried and true huddled masters degree holders. Hard science PhDs come on over, we have a special place for this tax paying demographic. All you need do is join the PTA, and shop till you drop.
So this is the current foreign minister of Canada... LOL
Taavi Theman seriously is she ?
Taavi Theman omg your correct , i had much more respect for Canada before this debate , now am not sure
She is the deputy PM now. Fallen far we are.
I think the declinists call the existence of any values system distinct from their own decline.
1:34:49
The lady in her closing argument just absolutely butchered that Ben Franklin quote... Leave it to a Canadian lol
Everytime freeland talked, i fast forwarded so i did not have to hear her idiocy
After watching this Canadian journalist turned politician attempt to debate and the Canadian rapper attempt to... do something, I have to wonder, does anything good ever come out of Canada?
The Declinists should have compared itself vrs itself. Say compare stats during Reagan or Kennedy era vrs today and the projections ahead...Snarky "better than you "Canadian...sigh so common
That chick was awful. I can't even listen and walk..
Adult females with the mindset of angry teenagers shouldn't be allowed in the room when adults are engaged in serious talk.
36:13 is that Hitler?
No the cold war.
She complains about gridlock but clearly does not understand american politics. She says twice as hard to get legislation is passed but doesn't talk about the increase in legislation trying to be passed. Canada has most foreign born but it has no where near the population we have. It's like comparing it to a state in america and that's what these nation caparisons need to take into place.
Want to bet Chrystia Freedman hadn't asked us all to go out and vote in 2016 and change course now!
If that laptop Zeihan is using is an X1 Carbon he's a top notch man.
This complaint that there aren’t enough jobs for young people is a mute point when you understand the boomers will die
The biggest generation needs to be replaced by a smaller one ergo less people pursuing less jobs
I'd like to see the voting numbers if this debate was held anywhere outside the US
How was this woman given power ....
If your a generation Y they are basically saying you are not doing enough civil rights activism to make us think america is not in decline.
Truth is we where in an economic down turn. the whole world was. Once we are out and the younger generation has stable growing incomes you will see them achieve a lot.
so all complex systems are going to collapse! That means my brain is going to turn to mush!
Freelund put her foot in her mouth with the "namby pamby NPR" comment. Her partner deserved better.
Jesus what the fuck was that rap at the end? So random...
1:00:00 "Don't talk over women?".
Man up already!!!🤔🤓😂🇺🇸
1:13:13 Americans embrace legal immigration. Nicola Tesla, Sergey Brin, etc. MS13 gang members not so much.
Every single one of Freeland's points can be echoed back in her own country of Canada, and pretty much every other developed country. And of course, those other developed countries do not have the same advantages in technology, military, economy, soft power, etc.
Not the murder rate and average violence. Other western nations are very low on this number. The same could be said about opioids. Only the US, among developed nations, were affected to such an extent.
James Rickards fascinates me. Never heard of him before this, but he makes some interesting points.
She plays the misogyny card because men dared disagree with her. What a ninny.
"And that assumes we continue to maintain the structure, after 30 years of it not benefitting us. God forbid we have a bad hairday"
Sweet lord jesus, as an atheist I never thought I would be saying these words, but thank you for sending us a prophet to guide us in these strange times.
That woman's voice was beyond annoying. She was like a Canadian Sarah Palin.
Including the typical pompous attitude when talking about the USA
Sarah Palin is kinda charming in the Alaskan Grandma kind of way, while this woman is more like the rabid soccer mom who gets angry at everything and thinks everyone is sexist when really it's just that every one hates her.
I believe she became the canadian foreign minister..
The quality of Chrystia Freelands arguments is sorely lacking. What brought sexism and feminism into this?
the first one made my eyes roll, the random shout out to feminism was just pathetic, its like they get a dollar every time they say feminism
The people who are against it argue that it got bigger and better and did not decline but that it increases our risk of a cascade..... which is it.. are we growing or not. We are amazing. It is only getting better. Education goes down but we still get richer.
Wtf was that rap at the end
"Don't be sexist"?! WTF
I think the prompt was vague enough for people to take advantage of and drive it their own way. The Canadian PM took as “Has America declined relative to its peak” and the affirmative side took as “Bet on America because it is still better than everywhere else”. This is one of those SAT questions where you have to choice the “most right answer” based on your understanding of the question.
Once the petro dollar is destroyed we might be in for some trouble. However, hopefully, technological inventions will pull us through this mess.
This comment didn't age well
Haven't even watched it yet but Jim Rickards is the man, he wins.
well, i got some bad news for you...
bbababonbon..bonfire! Jim Rickards is insufferable and boring, a deadly combination.
Cory G When Jim Rickards speaks, I stop what I am doing and listen