George Friedman on the Global Crises

Geopolitical Futures and Stratfor founder George Friedman gives an incisive analysis and discussion of global hotspots such as Europe, Russia, the Middle East, China, and more.
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[@user-sl1gx5zs2u]

Thank you 😊

[@MindandQiR1]

Watching this in 2019. This is one of the most interesting videos on KZbin!

[@coreydougherty9765]

Here in 2020👍

[@mytmouse57]

"George Friedman calmly and rationally explains how we're all fucked."

[@nohopeequalsnofear3242]

brilliant... so much more smarter than anything on cable tv and newspapers.... bravo!!!!!

[@briantweed1]

No Hope Equals no fear Definitely more smarter!

[@Icongon]

"We have to fundamentally restructure our understanding of economics. Monetarism clearly does not explain what is happening today." That is a very powerful and true statement.

[@hg2.]

Here is the root of income inequality, chronic 3rd world poverty, declining living standards and a contributor to labor instability, low birth rates, social disintegration, substance abuse: X Marks The Spot--Wages Started Losing When The Dollar Was Delinked From Gold In 1971 davidstockmanscontracorner.com/x-marks-the-spot-wages-started-losing-when-the-dollar-was-delinked-from-gold-in-1971/ ...and the flip side of this evil coin: fractional reserve banking, and its enabler, the Federal Reserve. George Friedman's "rethinking of economics " means abolishing central banking and ITS enabler, legal tender laws, and replacing it with market-selected money. (not necessarily gold, but that's what the market ends up selecting as money.)

[@bizzybgful]

this is a well factional analysis, how the world is shaping. very well spoken. the best ive heard

[@ismailkhatri2725]

Hypothesis mind evolution in sound or signs by humans began by sympathy of the sick, old or disabled care, share and protection when became fashionable by ghetto formation by sign and sound for cooperation and coordination which created surplus for leisure and comfort in the continuum! Therefore hypothesis begins by an evidence of a discernible constant good or bad for verification or validation to be a theory! Before a theory statistics and probabilities and now algorithm justifies or implies the prevailing truth before the final theory if possible! But religious/racial sovereignty doctrines refuse hypothesis as being direct from the firmament for heaven after death therefore even superior without testing! Fools are born everyday! So, keep hope alive only! Hahahaha!

[@abethomas8625]

excellent knowledge. thanks alot.

[@shawngeddesMN]

I enjoyed the introduction by Muneer Satter. I read about him in Crain's Business Chicago. Very prominent and authoritative figure on the economy. I read that Muneer Satter has donated over $15 million to charities around Chicago. We need more business executives to emulate his sense of community and giving.

[@keffinsg]

Despite my disagreement with many things he says, I don't regret watching this video. I now have a better understanding how America deludes itself.

[@anthonylemkendorf3114]

keff but your above all that,I’m sure .

[@gregorywade4773]

You're an idiot.

[@tommyodonovan3883]

The US will fall to the Chinese eventually, the USA/Western Free World can never hope to compete against the totalitarian dictatorship of CCP occupied mainland China 1.4b very smart and hardworking people. By 2040 the Chinese will be eating our lunch....They want it more than US.

[@galimir]

yep

[@marcosmx61]

Extraordinary speech Mr. Friedman one of your best . Everything you said about my country México is true .

[@DeborahLArmstrong]

Excellent analysis. Thank you!

[@hg2.]

Yes, but too bad he trashes Austrian Economics.

[@hg2.]

“X” Marks The Spot--Wages Started Losing When The Dollar Was Delinked From Gold In 1971 davidstockmanscontracorner.com/x-marks-the-spot-wages-started-losing-when-the-dollar-was-delinked-from-gold-in-1971/

[@mvd4436]

He is delusional on economics

[@badmojjo]

I don't know where he gets his numbers but I think that the immigration ones are wrong. Also, the immigration issue is not the overall numbers but the rate of the phenomenon, which determines the sustainability of the integration measures... not to mention the social aspect which has been handled in such a superb manner...

[@victoriousmaximus1659]

Mr. Friedman is exceptionally well versed in global affairs and a pragmatist. They should make his lectures available in college courses. Great uploads!

[@tommyodonovan3883]

They should make him permanent SoS.

[@leoncheng6768]

Love his work.

[@mr.keithlin616]

Friedman's presentation is very illuminating to those who is interested in his topic. And his concerns, often very compassionate, on the underperforming or un-performaning of the U.S. economy is all the more striking but understandable, given the significance and potential impact of the U.S. economy on the world stage.

[@Athenaikos]

Outstanding!

[@leoncheng6768]

Best of Friedman on INternational affair. Such a great mind.

[@horstschlammer177]

So go for Northstream 2. Thanks for your consulting. Go for your Win :)

[@healthymealthy775]

Best thinker in politics. Unfortunately most the people that are chatting here aren't well read in history and don't understand the underlying theory of geopolitics. It's far more analytical and strategic, than what you'll read in most newspapers.

[@chrismarinov2007]

HealthyMealthy completely agreed.

[@peterlloyd5285]

No, he's not even a good thinker, what he says is mere speculation. He is notorious for being inaccurate and slapdash in his work. I'm not sure what his agenda is, but I don't trust him at all.

[@ulrichsemrau1561]

Friedman has actually been one of most successful analyst in the area of geopolitics. He and his team have access to the largest amount of global intelligence. This allows for powerful insight and interpretation of the big picture. The day to day flow of things is irratic and more difficult to nail down.

[@ferdinandhelbing3351]

He's a war mongering manipulator. A neocon with ancient thinking.

[@w8stral]

@@ferdinandhelbing3351 WHich means.... A realist.

[@user-br5qu9uj9b]

Listen to this lecture in 2023 . Ukraine and Russia conflict in Europe with no result yet.

[@allendaniel2748]

Some countries take on leading roles as certain events re-emerge. The history has a tendency to repeat itself. He is well read in the history of Eastern Europe.

[@briantweed1]

It sure is repeating itself!

[@francoluissotomayor3123]

Very well redacted and explained. I wish George Friedman would talk about the socioeconomic and political situation in Puerto Rico. And what are his predictions for our future. Because it is hard trying to understand the bigger picture of our small island due to the complexity of our very existence as puerto ricans.

[@ericjohnson7234]

look at the hard data

[@codysodyssey3818]

Puerto Rico is a tiny island that'll just stay as an American dependent territory. No one else gives a shit about Puerto Rico compared to the simultaneous catastrophes at either end of Eurasia.

[@tommyodonovan3883]

Don't worry You'll be bailed out, what do you owe now $100 billion?

[@debabratapanja5099]

Thats absolutely correct nothing will happen in India. It will just wander and fool around as it always had, but its citizens will always brag of big dreams and they will as always remain dreams.

[@thomasdonovan3580]

The tri polar world existed in the past, post Jap/Russo war in 1905, Japan became #3 naval power behind USA and Britten....40yrs later the only man left standing was USA.... My point is; India should keep playing the duck, quietly build a navy and wait for the big boys to destroy themselves, be there to pick up the ball and become #1.

[@danielbecker4365]

A knowledgeable brilliant speaker carefully avoiding the mismanagement of the US foreign policies. The US has given up foreign involvement? Really?

[@23gregorius]

Admirable performance. A few aspects I want to mention. I am a Swabian; all Swabians cannot talk nicely. They prefer to work. Swabians are extremely tolerant to the rest of the other German tribes, never expressed their hidden wish to become a separate and much more brilliant state. We know that many of our sisters and brothers (Bremen is the poorest) need us as with Mercedes and Bosch we earn nicely and can contribute. Same is with our sisters and brothers outside of Swabia and Germany. The speaker should look at the fact that German products are produced less in Germany and more in the USA and China. Monsanto (not my favorite firm) is or will become a German firm. So the netting situation of firms worldwide is a separate issue. The Europeans slowly forget their greatness as nations. Our son married a Spanish and our grand children have Irish, French, Indian, German and Spanish origins. I miss a more harmonious concept. Is a crisis not in itself a good situation ? The more of crises the more the chances to make reforms. Why is Germany a major exporter ? Hm, I prefer to silent. Just have a look at the patent situation. The speaker does not mention one word about the control efforts of the US for oil and gas. It is still not a subject anybody is permitted to touch. Also Friedman is not permitted to say one word. China is considered poor, Mr. Friedmann ? What are the elements of such a situation ? This is not the subject which is interesting. China is in greatest danger and nobody in the West has a wee inclination what may happen. My colleague with the long name Au told me that China is like a pressure cooker and its cover cannot hold for long anymore. The cover is the communist concept and this from the Christians derived concept is "contre coer " for the thousands of years China had developed. I miss also some words on the character of nations. I admire the USA and will never forget my gratefulness to the Americans as they made a huge sacrifice to make my country free from the devil. What is important are the values of live, economic situations, hm that is - to me - not so important. Last not least, Mr. Friedman should concentrate on energy solutions, sun and wind energy. Oil and gas is not for ever. But wind and sun has got a huge potentiality in the US. There will be a day when oil is not used for making electricity any more and the Saudis will have to use their sunny situation to continue their economy.

[@ericjohnson7234]

What about sterling engines? Are they not a renewable resource, yes there output is small but they can go forever, if they can be introduced into the economies of European that can set off an energy revolution.

[@Sourcecode01]

Wise how these people know what's to happen eh..

[@JohnMHill-oi6rb]

What would Dr. Fiona Hill say about this? Hope they get together about it!!! JMH

[@samatarali5334]

U know your in trouble when your government is called a regime

[@amangrayfilms1538]

Hear, hear. No one else is talking about these huge changes that are coming. It's strange.

[@swissrootful]

where the US army goes, so will go the investment", his words, sum it all up.What I dearly miss, is a commitment to a philosophy, as to strategy, towards global peace. Friedman ( what a name for a man of war..), does not believe in evolution, in a situation of permanent peace, but in a continuation of permanent wars, incited, supervised and controlled to its advantage, by the United States. Sustainable? For cynics, indeed

[@hg2.]

Right, he's pure Machiavellian. it's up to the middle class to institute middle class values, i.e. peace, honesty, rule of law. ************ Power is evil, because of the following golden rule of politics: "Liberty" is a poetic term for property rights. Therefore there are only TWO KINDS OF LAWS: - those that protect property rights, - and those that attack property rights. "Have the government do unto others as you'd have the goverment do unto you."

[@FelixKoschar]

I think he just goes with what goes instead what one would like. A situation of permanent peace unfortuately still seems quite utopian. Would you argue in favor of an authoritarian one world government or how to imagine such peace?

[@Fusselwurmify]

Friedman is a geopolitical analyst. He gives you what the world is, not what you wish it to be. - Should YOU however manage to change how the world operates and make it a better place, he'll welcome you to it, smile, and change his model accordingly.

[@alvarogines6788]

most of northamericans i know working 48 hours a day and at two working places. what a beautifull present

[@draco5293]

How does one work 48 hours a day?

[@Eric-ye5yz]

Frightening, it means we have no hope of working together to resolve global warming.

[@Eric-ye5yz]

@snowy the snowman ..... I agree Its certainly man made, but you have to support your claim it is a hoax ??

[@elativeful]

This guy is great- like a stand up comedian commenting on our crazy world.... of course he is Hungarian. "so this is it we are going to die" D. Adams "I keep trying to convince Romania and Mexico they real countries" G Friedman. soo good hahahaa. So many great subtle jokes and references. Contemporary philosophy.

[@TuyetNguyen-kk4fi]

I like you Mr Friedman you said what on your mind instead have this upper lip when venturing into politic

[@checotey]

somewhere around 10:58 he mentions business week and an issue they published in 1993 about the Japanese economic miracle...then he says that they (business week and the markets) claimed that consumption on raw materials by China will remain high... what is the dilli now !? did he mean China with the miracle or really Japan !? If he meant Japan, can s.o please explain to me what the connection is...thx apart from that, I always enjoy George Friedman's analyses...thx 4 sharing !!

[@MehmetAlperKOC13]

If I understood correctly, he likens Japan's journey of an economic boom followed by an unstable equilibrium and then reaching a new normal to the China's. Apparently he believes that China's exceptional economic growth is not sustainable and the country will not surpass the US, instead will reach a new normal, a condition substantially inferior to the one up until the moment of the speech predicted by the msm economists, pundits etc.

[@eal8645]

Dr. Friedman is dead-on regarding China.

[@TheDalitis8]

He could not possibly be more wrong.

[@maryl3634]

I’m Chinese, he’s correct. But he underestimates our capacity to build a blue water navy. It’s likely we will ally with Russia and invade Europe.

[@donaldclifford5763]

Mind expanding, as usual. I just want to know why he thinkdsthe US economy will be seriously bifurcated, with a much diminished middle class. Is it because workers are being replaced by AI and robots?

[@curtfinch]

+Donald Clifford if you listen to the audio book from thomas pikety (the socialist economist from france) you will see where this comes from. Even if you disagree with his solutions (most will) it will be hard to disagree with his prognosis, which is very compelling and alamring.

[@hg2.]

The answer is INFLATION. See graphs of median income vs GDP.

[@IDNeon357]

No, the answer is anemic economic growth which means that due to the rate of return on investment being higher than economic growth those who own investments will gain a greater share of ownership of the economy than those surviving on wages.

[@hg2.]

+IDNeon357 “X” Marks The Spot--Wages Started Losing When The Dollar Was Delinked From Gold In 1971 davidstockmanscontracorner.com/x-marks-the-spot-wages-started-losing-when-the-dollar-was-delinked-from-gold-in-1971/

[@hg2.]

+IDNeon357 WRONG. Inflation is a transfer of wealth from creditor to debtor.

[@haraldkoch4446]

it makes you want to weep into your cornflakes

[@TuyetNguyen-kk4fi]

Don't be optimistic Mr Friedman. I believe that we can solve anything.

[@pereraddison932]

Tuyet Nguyen ... then solve the fact that 8billion high order preditors, adicted to EVERYTHING, with access to high technology, all preying upon one little ball, this Earth, is sustainable? GOD BLESS EVERYONE BLESS EVERYTHING ALWAYS AMEN ... signed... the rock of phages

[@tommyodonovan3883]

George Friedman is the Chillie Palma of Geopolitics.... *"This is me telling you the way it is!"*

[@mvd4436]

This is one of the worst things I have ever seen. The US and Canada rely completely on exporters lending them credit. When the exports start to buckle, credit will be cut off to the US and Canada. Exporters will start to tap their forex reserves which will put increasingly depreciative pressure on the USd

[@mvd4436]

***** When their currency buckles , they will use their reserves to cover expenses. Those reserves are USD. When the big credit event happens, everyone will want to spend their excess dollars instead of lending them to the US for nothing.

[@baszar24]

My concerns as a Pole. 1) It's not in American interest for Russia to weaken to the point of fragmntation. 2) USA and Poland are allies ( not in the ecenomical sense ) and the ties are going to get tighter. 3) Poland and Russia are historical rivals both having claims on the same region throuout history. So my question is - at what point as Polands strenth will rise ( with the US help ) and Russias falling will the USA abandon Poland or even act against it for calibration. If the point will be at a time where Poland can fend for itself against Russia I'm fine with that. But if sooner.........

[@chrishawkins5371]

+baszar24 intermarium

[@baszar24]

+Joe Schmoe Look from my perspectiv viewing USA as the only game in town is counterproductiv. Sure at this time we have simmilar interests. USA wants a bulldog in this part of Europe so it has a proxy that can suppres anything that could dominate the region. Be it Russia or Germany or anything else. And with that in mind we have a common interest althou the costs might be too high to be your proxy. The thing is USA wont have the means to help Poland when shit gets serious, your efforts are focused on the Pacific. You don't have acces to the Baltic, just like you dont have real acces to the South China Sea. It's a different story then with Irak where you could just opperate from a sanctury. This is different. What I'm trying to say is that we here walk on very thin ice. And we cannot affort to buy into this false belive that USA guarantees our security. I have no doubt that when shit gets serious with China and the US came to a point where it needs help or at least neutrality from Russia it'l trade Poland in a heartbeat. We learned this lesson in WWII. There are no friendships in politics and threatis mean shit. Balts are undefendable just look at the map. Poland will not be able to fend against Russia by itself, yea, not now. But having in mind the fragmentation tendencies of Russia and under the assumption that they wont get another fresh blood transfer from the west ( as they ware given multiple times in history ) I can see it happen. We ware stronger then them for a considerable time in history. And here our interests differ. USA don't want a fragmented Russia we do. All in all I feel like being in the middle of a storm and it's realy difficult to find a clear path. I just know that our leaders need to be flexible and adaptable as hell to ride this new wave of history.

[@donaldclifford5763]

+baszar24 I'm thinking Russia reignites its imperial past as a way to keep the country united, as the economy deteriorates. Regional cooperation in E. Europe along the intermarium concept is needed to deter Russian imperialism in the region. US assistance can further ensure this is successful. And of course economic growth will result from regional cooperation.

[@DanielleTinkov]

+baszar24 according to Friedman's book this will happen after hypothetical WWIII where after Eastern Europe (led by Poland) carries most of the war in Europe will gain little to nothing after the peace treaty. With the effective capabilities of the former Soviet Union a new European power, it will play along with Mexico to challenge American power in the 22-nd century. It remains to be seen whether this will be the case.

[@DanielleTinkov]

***** Japan, Turkey and Germany vs the US supported by the UK and the Polish Bloc.

[@larsyoutube6837]

What goes into GDP is the net of exports and imports, not the export number. If one can relate exports to GDP, then it's about 45-50%. Singapore is at 184%. Producing more than you need to consume is a loss. To get more from the foreigners than you give them is to gain. E.g. USA. The general IMF/EU/WB mantra since the 1990s has been export-led growth, namely an export-import surplus that adds to GDP. Current account/export-import is a balance sheet thing; a surplus is always balanced with a deficit somewhere else. Over the decades since the 1990s, the dominant CA deficit that "pays" and creates exporters CA surplus has been the USA deficit. By money created out of thin air, sort of a consumer of last resort.

[@curtfinch]

wow. I want to stalk George and memorize everything he says

[@debabratapanja5099]

Thats so correct, Iran cannot and will not never pick up the exporting surplus of German or any exporting country. As always blissful thinking and day dreaming.

[@tylerbelgrade]

room full of criminals.

[@hg2.]

Too bad he ignores Austrian Economics.

[@francoluissotomayor5521]

Literally. The middle east still the middle east. 😅

[@loremipsum7471]

21:38 "There is no immigration crisis."

[@ra5241]

👍

[@ethimself5064]

2019 here

[@martymcfly5423]

Hello

[@ethimself5064]

@@martymcfly5423 Hello

[@LoscoeLad]

1:04:35 Got to include Vietnam

[@nick281972]

I think the camera man has had to much coffee.

[@ClarksonsinUSA]

maybe!

[@johnwoelfel8243]

George: You often cite the past when prognosticating the future -- sometimes I wonder if you are factoring in enough, how much the world has changed (and will continue to change) because of great changes in technology and other factors (transportation, communication, weaponry, etc.).

[@Withnail1969]

He is literally just making things up. China was not in a downturn at the time of this speech, nor did it enter one afterwards. Nothing happened other than China continuing to grow. China's exports were $2.273 trillion in 2015. By 2018 they had risen to £2.486 trillion. Growth remained steady at over 6% per year. As a result, China in 2020 became the EU's largest trading partner, surpassing the USA.

[@hansistein6325]

So many of the world's problems stem from economic situations, differences, etc that we need a powerful, global AI computer system to regulate and "manage" economies, alliances, and politics. The human factor has become a great liability since we tend to make decisions based on Fear rather than logic. Only an algorithm can gather enough historical and contemporary data to make rational decisions and avoid catastrophes. It's time for the machine.

[@mathewgrelr7084]

That is scary, who will run rhis machine?

[@heikos9050]

A very nice analysis from the american point of view. But the things did not happen, they were made! Most of them by the USA goverment. And the predicitons are to do lists.

[@zawiszaczarny7876]

Things did not happend? things never happend by themselves - they are always made by pepole , what are you talking about :D

[@__-ox5kz]

Human action can be reactionary or preemptive.

[@lkd982]

1.03.55 "The problem for many of the emerging economies, [including Mexico etc] is that they have no institutions [except third world institutions ..." Begin the discussion about what is an institution, and we discover that we can never end.

[@judithsmith8014]

Lawrence - This would be a reference to corruption. No country can operate amidst corrupted rules. No one can get anything done with any surety and everything keeps breaking down. See Venezuela/Socialism. Institution = an established official organization having an important role in the life of a country, such as a bank, church, or legislature. Corruption = dishonest or fraudulent conduct by those in power, typically involving bribery.

[@lkd982]

@@judithsmith8014 My point is exactly that institutions are not formal organisations, but patterns of belief and behaviour by citizens, which make the functioning of such organisations possible. These habits that allow these western institutional bodies to function (which we tend to regard as "universally moral") are related to conditions made possible only by the development and history of western culture. We simply assume unconsciously that certain behaviours and belief are beneficial. For example, individualism, materialism, rationalism etc etc. But ultimately they lead to the end game our economics and politics is rapidly delivering,: to crisis, just like those emerging nations he is talking about. That is because of the evolution (or regression) of the capitalistic model, resulting in an economic divide that has opened everywhere in the West, which results in no consumption, and therefore collapse, as he says (i.e. nothing to do with social fairness). Therefore he states, in answer to a question, near the end, the necessity of rethinking the economic basis of the West. My real point is that because of the way institutions are actually deep seated patterns of belief and behaviour, taken for granted through millennia of custom, we shouldn't underestimate just what will be involved in this "rethinking".

[@knightalexius593]

Dead wrong on China. Incomplete on Japan where "The Princess of the Yen" destroyed the successful Japanese model on behalf of Wall Street.

[@khankrum1]

A single currency makes sense within a trading area when the various economies are on an equal footing. of the 27 countries in the EU only about six has a viable economy,the rest are state welfare recipients. Couple this with the powerful German economy hoovering up assets and wealth on the back of an undervalued Euro compounding then you have a problem. In the absence of democratic oversight of the EU then all you get is the evils of universal depression and poverty. The EU is a regulatory system with no checks and balances, answerable to no one, that is hostile to change, well-being and growth of the population which benefits no one other than corporate interests.

[@__-ox5kz]

Thanks for sharing your colourful version of world events. I enjoy listening to you as I am also a student of history. However, I am not impressed since you're not touching on the real causes of the destabilization (as taking place throughout Eurasia overtly since March 2014/Covertly since 2010). As you mention, many of the drivers of national life (Intra/extra trade, resource allocation per capita etc) shift with the tide of time and culture, but you're not delving into the money side of the equation. Perhaps you're not comfortable with such a vast and elusive concept? Or perhaps you lack the time. Humbly awaiting your expose on the money side (Debt cycle and dynamics of velocity of trade) of the equation.

[@gordonadams5891]

I have to wonder what his assessment is now, at the beginning of the Trump administration and the continuing popularity of Bernie Sanders.

[@imagine9033]

You mix trouth and lies so that it looks authentic..... 😂😂😂

[@alexmay1754]

The EU has lost it's way. It should have stuck to the idea of a Trading area - with some cultural exchange add ons between member Nations. Instead there has been this creeping approach to 'federalizing ' Europe. EU policy has increasingly come under the malign influence of George Soros and his 'Open Society' ideas when they should have been listening to their Citizens. Since this video was made we have had Brexit. We have had Catalonia crisis in Spain. We have seen Merkel's power diminish. We have seen Austria lurch to the right. We have seen Italy in the throes of putting a right wing Government together many of whom detest the EU. The latest blow to the EU Liberal ELite has been Viktor Orban winning a huge majority in Hungary - Orban has vowed to cut George Soros influence in Hungary.( And let's not talk about the tragedy that Sweden has become - absolutely tragic what Swedish Politicians have allowed to happen to their Country - although cannot blame that tragedy on the EU per se) . The EU had and has many good things but somewhere along the way it has gone astray - lost touch with their Citizens wishes - and I just don't know how they are going to get things back on track.

[@Samp50]

EU was a good business platform, politicians negotiated it and made it. Soon they got into the game of politicizing everything and ruined it.. EU parliament ?

[@mortality1987]

That genius who saw 1991 the Japan War coming, wait..

[@kevinelruler]

Very large merchant class! Oy vey.

[@zekhong]

Problem for USA is not china , not Russia or EU .US people believe what they got in 20th century will last forever .During 20th century USA enjoyed the largest contributor of world's GDP.Today every county to chipping away that percentages. Today India is not years ago India. Even Africa countries are no longer ,African countries of the past.In Simply , United States is just around 10 to 15% of world resource with less than 5% of the world population.

[@sinOsiris]

further into depth of already closed ended in problem solving the kind of argument where the country own people are usually neglected what self sustenance? why do mind others if domestically unsound? how international relationships and politics involved affect trade and opportunities? what leverage? questions and argument are many nonetheless only serve as distraction the people in so the country must come first self sustenance agriculture factories raw materials ---- problem of being isolated -- non conformity of established system? if knowledge sharing trade security anything that involved to maintain relationship adressed with proper i.e transparencies what isolation? Japan economic model are sound only thing that lacked of the 4th industrial implements the universal basic income ---- related: of any.... underhand tactics naivette and not otherwise

[@sinOsiris]

bored😔 .... gtg thanks good recommended videos👍 nonetheless

[@TuyetNguyen-kk4fi]

The euro is unfair

[@ericjohnson7234]

what are you talking about? What Euro? You mean the money. IT IS what IT IS. ITs the cards that were delt. But culture, by geography, by demographic change, by perception of the situation.

[@christophkuhlmann6049]

Interesting point of view. The USA just exports 13% of its GDP. Is that an indicator for power or weakness? The US economy is much less competitive than other economies regarding industrial and agricultural goods, because that is what the indicator GDP measures. Services are hard to export. The real power of US business are the tech and financial stock actors. There the USA is superior by far. It don't got significant effects on the trade balance which is unbalanced enormously. And I hope the USA will reindustrialize their country right soon because otherwise the USA becomes a giant on clay feet.

[@ikekiehxx9257]

The cynical messing around strategy of The American Empire

[@vasilenn9554]

He throws truths with lots of speculation around it, typical manipulation. It is wrong to think that because US has little exports it won't be affected, US is closely intertwined with many countries, with lots of debt sold/bought, investments etc. Like Europe thought in 2007 a US crisis, shouldn't have much effect on them, he makes the same mistake. But im sure that this is his view and there are many people there who understand why u.s. is so powerful (economy-wise), and why it depends much on other countries. Finance is U.S. top industry

[@TheGreatTimSheridan]

if africa and mexico offering preferential hiring for white northern peoples? africa is half percent white.. mexico not much different. the middle east is t takig whotes or christians 1% at most..

[@jinlee3574]

Strafor, how do they make money? Alex jones still works for them?

[@swissrootful]

I d''nknow ab out this guy; man, why does he not believe in Europe and in Evolution? He's been hurt, no doubt, in his pride and dignity, and now he has to prove that yes we still shall overcome or get back to the schwinehunde.. am sorry to say what I say, but it's a form of narcissism more and more americans are affected by it; and all becomes resonal revenche,. sad to see, can be very dangerous people, also very smart, but, cynics

[@23gregorius]

we know all that and better keep silent. He makes his living on all his analyses and I am missing some prudence and a happy smile. To compare the nations on their economy, hm that doesn't give the picture. Some facts he is not permitted to reveal (how the CIA initiated the war in Syria) Other facts keep hidden (how much or what percentage of Chinese exports are indeed USA or German, as many US and German firms have got an internal partnership with Chinese firms) Three principles I liked to suggest: 1) We are all in one boat. There must be stronger influences to distribute better the wealth of Mother Earth. 2) instead of the GDP volume we should move to the happiness scale. Here we should try to find out why people in countries with the very rich do not feel happy at all or less happy than people in countries with small GDP. 3) Future orientation of generations to come. Work in the future will be done by robots. A young dentist who did some repair work on my teeth told me that his son will continue the work he (his dad and grand dad) had performed. After that the robots will do all the work with more precision (at nano level) if not all humans got the genetic code of those who never in their life have to see a dentist (in Germany with 82 million inhabitants there are two of them). So we are finally free for doing work as performing in art, music, dancing, sport, yoga etc.

[@23gregorius]

Friedman is the man in the USA. He has got a brilliant mind and a very admirable way to speak. However economic situations and their changes are extremely complex and in a way like quicksilver. You think you see a trend but hidden there may lie a reciprocal trend leading with a partial interdependence into the other direction. This situation nobody can master totally. Then there awkward situations that in politics wrong movements are committed. How can one make a certain guess in an economic development if there are crazy political plots ? That the CIA had initiated the change of the Turkish government is so obvious. It failed because in the CIA there are leaders who do not know how to get things done rightly. In 60 years the truth will appears (when the responsible people have taken their small rest).

[@scottweatherman3266]

Another political FOOL>

[@AuravWalden]

Friedman can talk all he wants till the events unfold. His simplistic, Western-centric and US-centric wishful thinking would be revealed for what it is, a sham, in just a few years. Till then he can make money through his views. Let him.

[@1976oswald]

No illuminati NWO

[@stealthtowealth2167]

Friedman needs to spend more time out of pudong, china is not as poor as he thinks

[@keffinsg]

China has learnt the Singapore lessons. In a few decades, she will be made up of a thousand Singapores.

[@ajx9747]

that's practically not possible for such a large population

[@pryazhnikov]

long story short - liberal economical model of fiat money is failing, we are going back to gold standard

[@codysodyssey3818]

There isn't enough gold on earth to keep the entire globe's economy liquid. Fiat currencies work fine when handled well.

[@pryazhnikov]

With blockchain it is now possible. We entered the zone of negative rates and all countries are racing down to devalue their currencies. this is looney tunes and there is no going back to normalisation if cash rates.

[@stephenlander5581]

Ç

[@stdpozer]

Quit baby stepping this unsustainable

[@loremipsum7471]

He has no neck