In this discussion, Philip Pilkington, a columnist and podcaster with a keen eye on geopolitics, shares insights on Europe's waning global influence. He delves into the decline of the political elite, criticizing their response to geopolitical shifts. The conversation highlights Europe's dependency on the U.S. for security, the ascent of China, and the implications of Russia's resurgence. Pilkington also questions the integrity of current leaders and calls for a new political generation amidst growing military and economic challenges.

John Rapley, an economist and author of "Why Empires Fall," teams up with macroeconomist Philip Pilkington, host of the Multipolarity podcast. They delve into the significant decline in US tech valuations and the disruptive rise of the Chinese AI app Deep Seek. The duo analyzes potential indicators of a forthcoming market crash, debates the contrasting economic philosophies of the Trump era, and discusses the shifting investments of global elites at Davos. With a blend of skepticism and insight, they navigate the turbulent waters of today’s economy.