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TIP449: Why the Dollar is the Strengthening to 20 Year Highs W/ Brent Johnson
We Study Billionaires - The Investor’s Podcast Network
Choosing Between the United States and Russia-China
Despite acknowledging the historical significance of current events and the changing world, the speaker asserts a preference for the United States over Russia and China due to the perceived advantages of the US despite its problems. While recognizing Russia and China as formidable adversaries with resources and smarts, the speaker believes the US has more advantages and fewer disadvantages. The speaker credits Russia's leverage in natural resources but emphasizes that it might not be sufficient for global domination. Russia's handling of sanctions using resources and monetary policies is acknowledged, though the speaker notes that the currency's value is heavily manipulated. The speaker highlights that Russia's relationship with China, its major energy customer, is financially significant.
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