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#514 - Peter Zeihan - The Old World Order Is About To Collapse
Modern Wisdom
What Is the Quality of Life Going to Be Like in the Next Five Years?
The next five years are going to be rough. We basically in the West need to at least double the size of our industrial plant. Germany is its own special case. Everyone else has largely hollowed out their manufacturing as part of globalization. That's got to change. If you are part of a network where you can access lower skilled labor like the Americans are with the Mexicans, great. If you're not, you either need to attach yourself to another system or find some way to go without.
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