Chapter
The US Trade Exposure
38:23 - 47:48 (09:24)
The US is starting the trade process with minimal exposure to the wider world, and being a net energy exporter, it will be affected by losing 5% of global crude, making negotiations in the future weaker.
Clips
Losing 5% of global crude supply due to the Ukraine war may have a significant impact on the global economy as energy demand is inelastic, potentially leading to a tripling in oil prices and a broadly global energy-induced depression.
38:23 - 39:24 (01:00)
Summary
Losing 5% of global crude supply due to the Ukraine war may have a significant impact on the global economy as energy demand is inelastic, potentially leading to a tripling in oil prices and a broadly global energy-induced depression.
ChapterThe US Trade Exposure
Episode#514 - Peter Zeihan - The Old World Order Is About To Collapse
PodcastModern Wisdom
The podcast discusses a semi-fictional scenario in which the global market experiences an Armageddon-like situation due to the dumping of natural gas.
39:24 - 41:50 (02:26)
Summary
The podcast discusses a semi-fictional scenario in which the global market experiences an Armageddon-like situation due to the dumping of natural gas. They explore the direct and far-reaching effects of such a decision, including the impact on the German economy and manufacturing sector.
ChapterThe US Trade Exposure
Episode#514 - Peter Zeihan - The Old World Order Is About To Collapse
PodcastModern Wisdom
The speaker discusses the negotiations between the US and the UK, comparing it to the Lend-Lease talks and how delaying negotiations weaken negotiating power.
41:50 - 44:09 (02:18)
Summary
The speaker discusses the negotiations between the US and the UK, comparing it to the Lend-Lease talks and how delaying negotiations weaken negotiating power. They have agreed to partner up in the future, leading to a drop in overall power of other countries, except for China.
ChapterThe US Trade Exposure
Episode#514 - Peter Zeihan - The Old World Order Is About To Collapse
PodcastModern Wisdom
The United States has the potential to become a leading power in the energy transition, given its current status as a net energy exporter, largest refining power and agricultural power in the world.
44:09 - 47:48 (03:38)
Summary
The United States has the potential to become a leading power in the energy transition, given its current status as a net energy exporter, largest refining power and agricultural power in the world. This creates strategic and economic opportunities for the US in the long run, if it chooses to lead and define what the new world will look like.