We know their economy is falling. We just have no idea. That's not the issue. They want control. Andi understand why they want control. But as long as that is true, that the r m b is not a viable alternative to the us. The percentage of dollars in circulation globally, that transactions are being conducted in, compared to 20 years ago, is almost identic. Compared to the united states, in new technologies, the europeans are absent because they haven't been harnessing those animal spirits that we have historically in the us. So the chinese have the companies and the technology, but not the openness. The europeans have the openness, but not

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode