Chapter

The Consequences of Decision Making in a Democracy
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58:01 - 1:06:50 (08:48)

The vote of an uninformed or grumpy person is equal to that of a well-educated or rational individual in a democracy. In the case of an individual in power, one's bad decision will have the same effect as a good one, which could result in negative consequences such as civil strife.

Clips
In this episode, George Friedman discusses the potential implications of China invading Taiwan, including the country's isolation from global manufacturing, investment, energy and food supply.
58:01 - 1:02:31 (04:29)
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China, Taiwan, global manufacturing, investment, energy, food supply, America, NATO
Summary

In this episode, George Friedman discusses the potential implications of China invading Taiwan, including the country's isolation from global manufacturing, investment, energy and food supply. He suggests that it's an open question of whether China could pull it off and highlights the need for America to have a conversation with itself about how to create a desirable world.

Chapter
The Consequences of Decision Making in a Democracy
Episode
#514 - Peter Zeihan - The Old World Order Is About To Collapse
Podcast
Modern Wisdom
Although there are criticisms of democracy, condensing power to one person can result in decisions being made by an angry or irrational leader.
1:02:31 - 1:04:08 (01:36)
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Politics
Summary

Although there are criticisms of democracy, condensing power to one person can result in decisions being made by an angry or irrational leader. The future quality of life for countries following this model may be uncertain.

Chapter
The Consequences of Decision Making in a Democracy
Episode
#514 - Peter Zeihan - The Old World Order Is About To Collapse
Podcast
Modern Wisdom
The decision to go your own way as a country can have consequences for the cost of living and energy, potentially decreasing the quality of life.
1:04:08 - 1:06:50 (02:42)
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Geopolitics
Summary

The decision to go your own way as a country can have consequences for the cost of living and energy, potentially decreasing the quality of life. This may even lead to civil strife or blaming of unrelated factors.

Chapter
The Consequences of Decision Making in a Democracy
Episode
#514 - Peter Zeihan - The Old World Order Is About To Collapse
Podcast
Modern Wisdom