Yeah Peter Schiff is a bit of an asshat. Libertarians are prone to deploying rocket-powered goalposts on wheels, but Schiff moves his with a brazenness that is truly on another level.
I agree. Peter Z has a lot of his analysis based in hard reality. Like, geography, Demographics and population. That makes his analyses prone to short term inacuracies but long term they are the most reliable. Because, no matter what trade deal gets signed, China is not printing enough humans to replace their fast diminishing population. Regardless of what Europe does, it simply is running out of people, Energy and allies. etc etc All fantastic analyses based in hard data that is even harder to change.
@@sean3533 no you are not. you are a major net importer. This Peter Zeihan guy is lying to you. Here are your oil import figures for last year. www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_epc0_im0_mbblpd_m.htm
@@Withnail1969 www.cnbc.com/2019/01/24/us-becomes-a-net-energy-exporter-in-2020-energy-dept-says.html You're right, in 6 months we become exporting. "By far"? Not at all
Is this guy able to say something else than the same ppt presentation speach? He even use the same slides, the phrases, sentences, tag lines and jokes. I'm not saying he is wrong but, from the expert like he, I would expect some reach content.
@@shawnjavery yeah that's right but I found it very funny on how events turned out. But I think u will agree most other candidates Democratic or Republican would have been better. Especially for the appearance of the us
@@possiblyadickhead6653 it doesn't really matter imo. I'm not really a fan of Trump's policies, but I don't think his actions has had much of an effect on things. He hasn't screwed up any thing internally as of now, and appearances only matters when other people have any leverage. They don't so it doesn't matter what the rest of the world thinks of us.
@@shawnjavery well yeas but outside the US people really don't like him which kinda killed the idea of the us being the good guys. I mean now some people even see China better than the us for some morally dubious reasons but anyway besides that I guess u are right
Good talk but I believe that, at 1:12:50, Zeihan is overstating the influence of the Cyprus bank bail out. Cyprus is a small nation state, equivalent to a US county or 0.1% of EU gdp. Laiki and Bank of Cyprus were small banks. Larger banks or institutions like Puerto Rico went down in the UK or USA. What the EU did is standard practice over the world (banks deposits are only protected up to a certain amount, e.g. 100 000 Euros, shareholders are wiped out). Most of the lost money belonged to Russian citizens and corporations. Capital flight being more a policy than a worry for their administration (200 billions Euros went through Danske bank branch in Estonia and Russia is not enquiring about the issue), the Russians saw it as shady business expense. Those who lost more than 3 million were offered Cypriot i.e. European citizenship.
I thought this guy knew what he was talking about. However, he does not mention the impact that energy storage and the electrification of transportation will have on fossil fuel consumption in USA, Asia, and EU and how it will reshape the geopolitics of the world. Also, he does not have the slightest idea about Cuba and its youths' moral decaying, laziness, not to mention the current political system. I don't see Americans manufacturing anything there in at least 40 years or so. Too stupid to do it again when the Cubans confiscated all American business back in the 60s.
@Edward Ray Comidoy the greenies overplayed electrification to take over oil/gas, totally laughable. After trillions and trillions $ spend, solar and wind only contribute 2-3% of world energy supply. Most electrification will occur in cities with EV and ebikes IMO that tops out at 25-33% of transportation usage, that's it. Planes, trains, tankers, long haul trucks, factories, heating will still be fossil fuels. Every drop of oil saved by greenies will be happily bought by asian. Currently 60% of electricity use by US derived from fossil fuel. Dumbass greenies need to take more science and math instead of liberal arts degrees
@@Usammityduzntafraidofanythin this is incorrect; its an urban legend but women having babies over 40 is no different than them having babies at 30 ua-cam.com/video/g9ryP0UyO5U/v-deo.html
Just here to nitpick like an asshole to say, the carrier balance is not getting better for the US, its starting to get worst. UK just built 2 carriers, China have built 2 with 4 on the way. India is building a second one, France is building a new bigger one. Japan are transorming their 4 LHD in smaller aicraft carriers, there are others too. There seem to be a significant increase in military spending in the past years. It was just a little comment.
Who needs the Missisippi in the future. In the next 2 or 3 years there will be thousands of 600 mile range autonomous Electric Trucks using very cheap electricity from solar panels in the USA roads, making the cost of ground transportation really lower than by water.
@@LeonelMartinez-kw9vq Oh and what will happen when there are clouds... in the sky? Maybe clouds remain for a few days or a few weeks or even a few months? It's not reliable.
Actually it does as the cost of transport is significantly cheaper by water, its almost free in comparison. Transport over water is less energy intensive as the friction forces you have to overcome is magnitudes smaller on water than on land either by truck or rail. A typical river barge haul can haul more goods than a fully loaded train, the only difference is time as river travel is slower due to navigating all the twists and turns a river has. In comparison to nations that lack a good river network is that they have to spread the costs of the new infrastructure like new roads and new railroads across the whole economy and that increases operating costs and depresses purchasing power of the local currency. A river system like the Mississippi means that costs is so low that the earnings of any goods transported can be significantly larger and this surplus can be invested into the economy which will be used to improve productivity and technological advancement. There's a lot to be gained by a good geography with navigable rivers and the US is so fortunate to have the Mississippi River system.
Peter Zeihan - thank you for reminding us how good things are for us in the US. I think this helped take the edge off from the US Cold Civil War
never heard it put like that but accurate. "Cold Civil War" the dumbest war of all time.
A civil war will probably happen. It’s too ratcheted up
I like this guy SO MUCH MORE than Peter Schiff.
Agree,his analysis seems more based in reality and facts, whereas Schiff's are aligned his libertarian ideal
s.
Yeah Peter Schiff is a bit of an asshat. Libertarians are prone to deploying rocket-powered goalposts on wheels, but Schiff moves his with a brazenness that is truly on another level.
I agree. Peter Z has a lot of his analysis based in hard reality. Like, geography, Demographics and population. That makes his analyses prone to short term inacuracies but long term they are the most reliable. Because, no matter what trade deal gets signed, China is not printing enough humans to replace their fast diminishing population.
Regardless of what Europe does, it simply is running out of people, Energy and allies. etc etc
All fantastic analyses based in hard data that is even harder to change.
just finished his book Accidental Superpower, would highly recommend
nice try peter zeihan!
Always happy to learn from Zeihan, he is brilliant, he just needs a stylist.
At the very end we learn that this was recorded on January 21, 2016.
At the end of last year the U.S. became a net exporter of oil for the first time in about 75 years. This guy might be onto something.
No it didn't, the US is still a major net oil importer. I don't know where people are getting this fake news from.
Wer
@@Withnail1969 were a net exporter of fossil fuels
@@sean3533 no you are not. you are a major net importer. This Peter Zeihan guy is lying to you. Here are your oil import figures for last year. www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_epc0_im0_mbblpd_m.htm
@@Withnail1969 www.cnbc.com/2019/01/24/us-becomes-a-net-energy-exporter-in-2020-energy-dept-says.html
You're right, in 6 months we become exporting. "By far"? Not at all
Thanks for uploading this one. Interesting Q&A.
Is this guy able to say something else than the same ppt presentation speach? He even use the same slides, the phrases, sentences, tag lines and jokes.
I'm not saying he is wrong but, from the expert like he, I would expect some reach content.
not if everyone keeps asking him for the same speech, investors are not inventive people
The joke with Trump certainly didn't age well
Eh, his point still stands. Even if someone with no history in politics got elected we will be fine as a nation.
@@shawnjavery yeah that's right but I found it very funny on how events turned out. But I think u will agree most other candidates Democratic or Republican would have been better. Especially for the appearance of the us
@@possiblyadickhead6653 it doesn't really matter imo. I'm not really a fan of Trump's policies, but I don't think his actions has had much of an effect on things. He hasn't screwed up any thing internally as of now, and appearances only matters when other people have any leverage. They don't so it doesn't matter what the rest of the world thinks of us.
@@shawnjavery well yeas but outside the US people really don't like him which kinda killed the idea of the us being the good guys. I mean now some people even see China better than the us for some morally dubious reasons but anyway besides that I guess u are right
@@possiblyadickhead6653 If we do end up pulling out of the global trade system then that wouldn't matter anymore.
Good talk but I believe that, at 1:12:50, Zeihan is overstating the influence of the Cyprus bank bail out. Cyprus is a small nation state, equivalent to a US county or 0.1% of EU gdp. Laiki and Bank of Cyprus were small banks. Larger banks or institutions like Puerto Rico went down in the UK or USA. What the EU did is standard practice over the world (banks deposits are only protected up to a certain amount, e.g. 100 000 Euros, shareholders are wiped out). Most of the lost money belonged to Russian citizens and corporations. Capital flight being more a policy than a worry for their administration (200 billions Euros went through Danske bank branch in Estonia and Russia is not enquiring about the issue), the Russians saw it as shady business expense. Those who lost more than 3 million were offered Cypriot i.e. European citizenship.
Forests and lakes protecting you from Canada? What?
Well.. he was wrong with Turkey
Give it time. These predictions are in terms of decades, not years. Every 25 years, the world is a different place.
13:33 - 15:15 - India's demographics look good so long as education & training keep pace
dont agree on the southern border...very porous
I thought this guy knew what he was talking about. However, he does not mention the impact that energy storage and the electrification of transportation will have on fossil fuel consumption in USA, Asia, and EU and how it will reshape the geopolitics of the world. Also, he does not have the slightest idea about Cuba and its youths' moral decaying, laziness, not to mention the current political system. I don't see Americans manufacturing anything there in at least 40 years or so. Too stupid to do it again when the Cubans confiscated all American business back in the 60s.
@Edward Ray Comidoy the greenies overplayed electrification to take over oil/gas, totally laughable. After trillions and trillions $ spend, solar and wind only contribute 2-3% of world energy supply. Most electrification will occur in cities with EV and ebikes IMO that tops out at 25-33% of transportation usage, that's it. Planes, trains, tankers, long haul trucks, factories, heating will still be fossil fuels. Every drop of oil saved by greenies will be happily bought by asian. Currently 60% of electricity use by US derived from fossil fuel. Dumbass greenies need to take more science and math instead of liberal arts degrees
Oil is called ‘master energy’ for its needs to produce other almost everything else such as plastics etc..
yep, wars are fought over oil, not solar panels or wind mills
Electrification? You mean electric cars? That's carbon efficiency, not economy. What's all this racism about 'moral decay of cubans'?
Maybe that chart of demographics should be shifted to age 50 or so, as people are having babies later in life.
People can't have babies later on. Children are more likely to have poor genes if a man and/or woman has kids in their 40s.
No. Women expire dude, they can only shit out kids for so long
@@Usammityduzntafraidofanythin this is incorrect; its an urban legend but women having babies over 40 is no different than them having babies at 30 ua-cam.com/video/g9ryP0UyO5U/v-deo.html
Just here to nitpick like an asshole to say, the carrier balance is not getting better for the US, its starting to get worst. UK just built 2 carriers, China have built 2 with 4 on the way. India is building a second one, France is building a new bigger one. Japan are transorming their 4 LHD in smaller aicraft carriers, there are others too. There seem to be a significant increase in military spending in the past years.
It was just a little comment.
US energy revaluation and then came the liberals,,,
GO TRUMP.
The US being rich has nothing to do with the Mississippi River system
oh you mean a large navigable river running through the heart of a giant country doesnt help a country?
@@jcfartson7288 In the past but not in the present. not for the last 70 years
Who needs the Missisippi in the future. In the next 2 or 3 years there will be thousands of 600 mile range autonomous Electric Trucks using very cheap electricity from solar panels in the USA roads, making the cost of ground transportation really lower than by water.
@@LeonelMartinez-kw9vq Oh and what will happen when there are clouds... in the sky? Maybe clouds remain for a few days or a few weeks or even a few months? It's not reliable.
Actually it does as the cost of transport is significantly cheaper by water, its almost free in comparison. Transport over water is less energy intensive as the friction forces you have to overcome is magnitudes smaller on water than on land either by truck or rail. A typical river barge haul can haul more goods than a fully loaded train, the only difference is time as river travel is slower due to navigating all the twists and turns a river has. In comparison to nations that lack a good river network is that they have to spread the costs of the new infrastructure like new roads and new railroads across the whole economy and that increases operating costs and depresses purchasing power of the local currency. A river system like the Mississippi means that costs is so low that the earnings of any goods transported can be significantly larger and this surplus can be invested into the economy which will be used to improve productivity and technological advancement. There's a lot to be gained by a good geography with navigable rivers and the US is so fortunate to have the Mississippi River system.