Highlights:
● “Over the weekend, in what many consider to be an absolutely stunning move, officials from China officially brokered an agreement between the nations of Iran and Saudi Arabia to re-establish diplomatic relations that had been severed for decades.”
● “While Mao made China rise and Deng Xiaoping made China rich, President Xi has made China strong.”
● “Many analysts are noting that what we’re seeing here with this agreement is a clear signal that the world is indeed moving Eastward. It’s increasingly turning its back on the liberal West and realigning around Moscow and Beijing as the centers of an already emerging future world order.”
Timestamps:
[01:12] The new political order in the Middle East and the deal brokered between China, Iran, and Saudi Arabia
[03:32] President Xi getting officially re-elected for a third 5-year term as President of China and his reported trip to Russia
[04:29] What this all means for the end of the liberal international order
[07:30] On the future of the petrodollar and why it’s a game changer for the world order to come
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