AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Battle Between Geopolitics and Economics
There's another wave of deindustrial relations happening in China too. The old third wave industrial belt that I was talking about, right? Those people had worked in like basically the equivalent of like the Chinese equivalent is sort of like good union jobs. They're working for state for state on enterprises. So they have housing, they have health care, they have pensions and all of that is just destroyed. There are like millions of people who are push out of their jobs.