Real Vision Finance:
"Regionalization" is the transition from a world of stable prices and consistent growth to one of rising costs of living where the threat of global famine is real.
The breakdown of an economic order framed by just-in-time supply chains requires a rethink of trade networks and relationships. Geopolitical strategist Peter Zeihan addresses these issues and more in his new book "The End of the World Is Just the Beginning: Mapping the Collapse of Globalization."
Zeihan joins Real Vision's Maggie Lake to talk about the implications of this transition, including the end of China's time as a great power and the perpetuation of the U.S. dollar's status as the global reserve currency.
