In his second appearance on the podcast (the first was December 6, 2022), Peter Zeihan, a geopolitical strategist and the author of four books, including most recently, The End of the World is Just the Beginning, talks about deglobalization, demographics, and why he still believes “the American system will thrive.” In addition, he discusses the catastrophic decline of Germany’s industrial sector, the “exorbitant privilege” the U.S. dollar has as the world’s reserve currency, and why, in his view, China is facing “national oblivion.” (Recorded February 22, 2024.)