The Small Business Black Holes with Alan Pentz National Capitalism: The New Economic Order
Dec 17, 2024
45:49
A comprehensive analysis of the transition to national capitalism, focusing on how countries will manage high debt levels through financial repression, the need for domestic industrial policy, and the limits of "America First." The discussion explores China's unsustainable export model, the importance of international cooperation, and the long-term challenges of US fiscal policy regarding entitlements and taxes.
Episode Highlights:
- [00:02:00] Introduction to national capitalism and the "nonsystem"
- [00:06:20] Analysis of global debt situations
- [00:19:15] China's manufacturing dominance
- [00:32:49] Future of US industrial policy
- [00:40:47] Limits of national capitalism
- [00:51:57] Final thoughts on global economic future
Episode Resources:
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