diagnosis
In response to a student question, Jiang says systemic collapse is obvious because postwar America reversed from productive lender to consumer debtor after outsourcing work to Europe, Japan, and China.
Topic brief
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Outsourcing
Spanish silver wealth quickly creates the same pathology Jiang has been tracking: wealth makes a society lazy, insular, arrogant, and dependent on others' labor.
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Key Notes
model
Spanish silver wealth quickly creates the same pathology Jiang has been tracking: wealth makes a society lazy, insular, arrogant, and dependent on others' labor.
Timestamped Evidence
Transcript
"So my first question is, you mentioned that the Donald Trump or like Putin, they think that the world, like the whole system will..."
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"Okay. That's a really good question. Okay? So, both Putin and Trump know that the world will collapse. And the question is, how do..."
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"Okay? And then what happened was that America started to shift its manufacturing to China. And so China is like, let's, let me do..."
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"And so they set up these colonies all around South America. And a lot of silver was now being transported back to Spain. And..."
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"To provide textiles, luxury goods to Spain, all right? So how this was accomplished was first, industry. So the Spanish, because they were so..."
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Relevant Lectures And Readings
Reading
A source-grounded reading of the lecture's central reversal: if Trump's goal is to preserve the old American empire, the Iran war looks insane.
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Reading
Chinese students are chasing English, dollars, and Western immigration because they are already inside a British-made world game.
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Related Topics
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