The Peter Zeihan Podcast Series The Fire Hose of Chaos: Recession Time
May 9, 2025
Dive into the chaos of impending economic turmoil sparked by aggressive trade policies. Discover how tariffs on China are disrupting shipping and inventory, leading to diminished consumer confidence. The conversation sheds light on the long-term effects of these political decisions, suggesting that we may be heading into a policy-induced recession. Brace yourself for insights into how these factors intertwine and the potential impacts on future economic growth.
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Demographics and Globalization Crash
- The underlying demographic decline was already set to slow globalization by mid-2020s.
- Tariffs accelerated this crash, causing unnecessary hardship for Americans.
Expanding Tariffs Threaten States
- If tariffs expand to car parts, a manufacturing recession will spread across 25 states.
- Additional tariffs on agriculture, drugs, and semiconductors will further slow the economy.
Deficit Spending Raises Capital Costs
- The proposed increase in government deficit spending will raise capital costs.
- Expected tax cuts will be far smaller than claimed, reducing economic stimulus.