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by BitwiseFool 1562 days ago
I'm not sure what's so LOL worthy about this. Germany does seem to be in decline and China does seem to be a house-of-cards in many aspects.
2 comments

German GDP is outpacing the French. One of Germany’s premier global industries is autos and they are successfully transitioning to EV’s. France is in no way overtaking.
"seem" is doing a lot of heavy lifting here.

That statement from Zeihan is absolutely hilarious to anyone with a passing knowledge of 21st century history and ongoing trends...

Seem can be a weasel word, I'll definitely grant you that. My receptiveness to the idea that China is on shaky ground comes from what I was reading about Evergrande coupled with how analysts are reporting that their official numbers are heavily manipulated. I don't think the PRC will collapse into some successor state, but it would probably end up in a Great Depression and lose a large amount of power and influence. Temporarily at least.