Author Topic: Global Currency: The Dollar Ain't Going Nowhere  (Read 577 times)

IroNat

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Global Currency: The Dollar Ain't Going Nowhere
« on: April 11, 2023, 09:23:56 AM »

Raymondo

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Re: Global Currency: The Dollar Ain't Going Nowhere
« Reply #1 on: April 11, 2023, 09:25:27 AM »
There's something about how sure this guy is about his arguments that makes me distrust him. A bit like your local college professor who has a lot to prove because he never made it to a top university.

I can't decide if he  knows what he's talking about or just making it up as he goes along.

Abelard Lindsey

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Re: Global Currency: The Dollar Ain't Going Nowhere
« Reply #2 on: April 11, 2023, 09:44:53 AM »
This is Peter Zeihan. He used to work for George Friedman's outfit before he went out on his own. I've read all four of his books. The first three were good. The last one was excreable. The problem I have with Zeihan is that he favors politics that are the opposite of what his books suggests.

His first three books are about the collapse of the post WW2 global order and the fracking revolution. The unique geography and resources of North America, particularly shale oil, makes us immune to the coming global chaos that he expects to wreck havoc around the world over the next 20 years. His books suggest that the best way forward would be a Trump-like "America first" policy that would be massively enhanced by the fracking revolution. The low energy costs of the fracking revolution (call it Saudi America) combined with automation would bring a lot of manufacturing back to the U.S. (call it Asia Export America). The combination of us being both "Saudi America" as well as "Asia Export America" would deliver us an economic prosperity that would last for the next 40 years. We were seeing the emergence of this boom during Trump's first three years in office, before the covid-19 debacle.

Yet Peter Zeihan himself was militantly opposed to Trump's "America First" policy and was very happy that Biden entered the whitehouse. What do you call it when you favor politics that is the diametric opposite of that suggested by the very books you write? It is called cognitive dissonance, and Peter Zeihan is full of it.

I no longer read or watch anything put out by Peter Zeihan any longer. I suggest you do not pay any attention to him either.

sculpture

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Re: Global Currency: The Dollar Ain't Going Nowhere
« Reply #3 on: April 11, 2023, 10:43:08 AM »
I can't stand him

He likes the sound of his own voice too much and as the other poster stated sounds so sure of what he saying

SOMEPARTS

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Re: Global Currency: The Dollar Ain't Going Nowhere
« Reply #4 on: April 11, 2023, 11:09:34 AM »
The only way the dollar makes it past reset at 2030 Agenda is if we had a massive deflationary event. I just don't see it happening, but past doesn't predict future in this clown world.

dunkin donuts

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Re: Global Currency: The Dollar Ain't Going Nowhere
« Reply #5 on: April 11, 2023, 12:49:20 PM »
I think the US is done and will get alienated from the world stage in some years

gib

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Re: Global Currency: The Dollar Ain't Going Nowhere
« Reply #6 on: April 11, 2023, 03:57:01 PM »
USD is the least worst currency among all. But all are losing value. Bitcoin solves that...