Part 8/13:
This approach is not about fiscal responsibility but about survival and dominance—a race against China to establish undisputed superiority in AI, robotics, and power. The speaker suggests that policies like ending Quantitative Tightening (QT) and deregulating banks are steps toward this strategic goal.
The Consequences for the Global Economy
The global landscape is marked by coordinated stimulus efforts: Germany’s increased budget, Japan’s economic push, the Bank of England, India, and others—all “running it hot.” The U.S. appears poised to accelerate its inflationary tactics, fueled by political calculations around upcoming elections and geopolitical priorities.