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Motley Fool Hidden Gems Investing

Peter Zeihan on China, Apple, and Europe

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 28 May 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Who has the upper hand when Apple’s CEO walks into a room with the President of the People’s Republic of China? Peter Zeihan is a geopolitical strategist and the author of “The End of the World is Just the Beginning: Mapping the Collapse of Globalization.” Bill Mann caught up with Zeihan to discuss: - Why Apple is diversifying production away from China - What an aging population means for the United States economy - Why de-dollarization is less likely than many think Company discussed: APPL Host: Bill Mann Guest: Peter Zeihan Producer: Ricky Mulvey Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I would just warn you before you short-china that the other site has to survive for you to profit from the short.

0:07.0

It has been the fate of most stock markets throughout history to go to zero.

0:13.0

It is only in the globalized order that the luxury of shorting things has existed.

0:19.0

We're going to be going back to a little bit older of a system.

0:30.0

I'm Mary Long, and that's Peter Zahun, a geopolitical analyst and bestselling author.

0:35.0

Bill Mann caught up with Zahun a few weeks ago for a conversation that Motley Fool won subscribers got access to first.

0:42.0

Now we're sharing it with you.

0:44.0

Bill and Zahun discuss the probability that China won't be an economic superpower in a decade,

0:50.0

the status of the US dollar as the world's reserve currency, and a demographic problem that the Fed is closely watching.

1:00.0

So I thought what would be a fun conversation is you know from your work that there are a lot of things that are in the common knowledge, maybe as you know as Mark Twain,

1:22.0

the things that get you in trouble or the things that you believe that ain't so care.

1:27.0

So what I thought would be a fun conversation given your expertise is if I were to tee you up on certain topics and maybe you can talk about things that are common knowledge that aren't so.

1:40.0

That works for me.

1:42.0

Fantastic.

1:43.0

Let's start with number one, the largest or maybe second largest country in the world depending on the day and how it's measured, which is China.

1:52.0

So obviously China is some form of superpower.

2:00.0

What are some of the things that people believe about China or are led to that are widely thought about China that are so.

2:10.0

Technological leader on track to be the largest economy in the world.

2:16.0

Massive manufacturing superpower that doesn't need help from anyone, a military, especially a navy that could take on and defeat the United States on the verge of having the global currency.

2:28.0

All of this is utter horse.

2:30.0

Fair.

2:31.0

Why don't we start with any one of those and actually one of the topics that I was that I was going to bring up was de-dollarization or the brick reserve currency, which I also happen to believe is a pile of nonsense given that it is it is underpinned by two dying commodities countries plus the most indebted country in the world.

...

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