Is the old world order about to collapse? Let's find out.
Notes on Peter Zeihan and political forecasting: Part II
If you missed Part I of this discussion, it’s here.
If Peter Zeihan is correct, the death of the Queen marks the end of an era in ways far more significant way than we realize. He argues the world will never again have it as good as it did during Queen Elizabeth’s reign, because globalization is coming to an end. It will never again have it anywhere near as good. Deglobalization means deindustrialization. It means deurbanization, depopulation, and decivilization. The world’s population, he prophesies, will soon shrink as much it did during the Black Death, which swept away 60 percent of Europe’s population.
The process, he writes, “will be the very definition of traumatic.” Indeed, “we face economic free fall as everything that has underpinned humanity’s economic existence since the Renaissance unwinds all at once.”