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Thoughts on the Big Picture: The 21st century will be defined by the U.S., China, and the global shift to a new type of geography, technology, and economy, and yes, even culture and the possible end times.
Consider: The U.S.-China relationship is pushing aside the U.S.’ centrality with the past half-millennium relationship with Europe in terms of trade, energy, and technology. The new world order creates many new challenges. The new world order sees a weakening of Europe and Russia and a rabid rush for resources in previously inaccessible realms: ocean floors, space, and cyber domains and well as competition for land-based resources.
America has shown itself to be weakened by the 911 attacks, the 2007-08 global financial crisis and most recently the COVID-19 pandemic as well as the ongoing domestic unrest. America is also quite politically divided today which weakens the country internationally.
Meanwhile, communist China is expanding its Belt & Road Initiative (a 2013 effort by President Xi) which creates an expansive new pool of global geography, human capital, and consumers. That bolsters Beijing’s influence while weakening the American dollar, which could push the greenback aside as the globe’s reserve currency.
SEGMENT 2: Steve Quayle and Doug Hagmann discuss events of the day.
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