Geopolitical Analysis of US and China
All of what I am saying is we're in a
fundamental change of world history. It's happened.
The Western dominance ended around twenty-five years
ago.
The idea in Trump's head
that the US dominates is about a hundred years out of date.
So is Trump on almost everything.
It doesn't make the situation safe.
It means there's actually a very big gap between
the political perceptions of American
policymakers and the world as it is today, and
that gap is very dangerous because the US
policymakers,
and especially the President of the United States, believe the US
still runs the show and believes that the US is still
so powerful that it can dictate the terms to the rest of the
world. And that's why he thinks he can win the
tariff
wars, the trade wars, the technology wars, and so forth.
All of this, in my view, is
wrong 'cause he didn't read Emerging Asia,
so he doesn't know, uh, what happened.
He doesn't understand the reality of, uh, our world
today. The US is only about fourteen
percent of world output. It's about twelve percent of
world trade,
and it, it does not have a chokehold that I can see
on any major technology, uh, whether it is
semiconductors or artificial intelligence or
biotechnology or any other area. It has many
advanced technologies, but no chokehold on these
technologies. So I believe the world
continues to converge. The biggest danger in the
world is that the instability leads
to conflict because conflict is devastating,
especially in the nuclear age. It's by far the biggest risk we
face is stupidity leading to war.
And that China has avoided. The United States has
not avoided that. China's wisdom has been to stay out of
all wars for decades. And in fact, the last
war China was involved in was in 1979 for one
month, uh, in, uh, a spat with Vietnam,
but before that,
also no wars for a long time. So that's
part of China's success, is that it has avoided, uh,
overt conflict while the United States has been in nonstop conflict.
And the mindset in the United States is for more conflict because the US
thinks it
can win, but it keeps losing these conflicts.
So that's how I see the geopolitics and the economics
related. The world has changed, but the American
mindset has not yet changed. Thank you very much.
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