Friedman on the “Two Chinas” and How Putin Saves Face
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Mauldin Economics helps you understand the most important news and make smarter, more durable portfolio decisions. Global Macro Update with Ed D'Agostino dives deep each week with economists, analysts and newsmakers - showing you what's really going on in finance, government policy, and geopolitics. To sign up for Global Macro Update, just go here: https://www.mauldineconomics.com/global-macro-update?utm_source=MEC&utm_medium=youtube&utm_campaign=gmu-opt-in&utm_id=JM563&utm_content=me-youtube Our research reaches over 150,000 investors just like you, and our team, led by John Mauldin and Ed D'Agostino, includes some of the most respected independent minds in finance. For more information and access to additional free resources from Mauldin Economics, just visit: https://www.mauldineconomics.com/free-research?utm_source=MEC&utm_medium=youtube&utm_campaign=gmu-opt-in&utm_id=JM563&utm_content=me-youtube Follow us on X!
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Sign up for my free newsletter here - https://www.mauldineconomics.com/go/JM528V/YTB George Friedman says there are two Chinas: one based in Shanghai and another that is still effectively a third-world country. He paints a grim picture of China, with security lockdowns, home inspections, and paralysis among its leaders. He says Xi Jinping may have already lost control, and the risk of civil war is real. George and I also unpack the military stalemate in Ukraine and the increasingly complex posturing in the Middle East. You will also hear why China won’t invade Taiwan, which Middle East country is the best model for success, and how the US could help end the war in Ukraine. George Friedman is a renowned geopolitical strategist, best-selling author, and the founder of Geopolitical Futures. You can get special access to his work at Geopolitical Futures by following the link below. Go here to subscribe to Geopolitical Futures: https://geopoliticalfutures.com/product/subscription-special-for-mauldin-economics-readers/ Go here to learn more about George Friedman: https://www.geopoliticalfutures.com Go here to subscribe to Global Macro Update: https://www.mauldineconomics.com/go/JM528V/YTB Follow Ed D’Agostino on LinkedIn: https://www.linkedin.com/in/ed-d-agostino-415475296/ Download the Mauldin Economics App here: https://community.mauldineconomics.com/download-app Time stamps: 00:00 – Introduction 03:08 – Russia’s threat to NATO 07:50 – China’s economic demise 09:21 – America’s price for helping China 10:05 – Political unrest threatens civil war in China 13:30 – Why China won’t invade Taiwan 14:47 – The two Chinas 18:38 – American and European resilience 20:55 – The multisided war in the Middle East 32:02 – What the US got right in Ukraine
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